Banking and Finance

Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” ...

The latest buzzword in wealth management these days is ‘decoupling,’ because most of us in the normal world are still dealing with the effects of the pandemic crisis. But the ...

Near-term bets in favour of the dollar should be increased, a majority of analysts in Reuters polls said, who however were split on the duration of the greenback’s bullish ...

A blockchain-based token representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee sold for $5.4 million at Sotheby’s in an online auction on ...

Almost a third of businesses that trade with the EU have suffered a decline or loss of business since new barriers to trade were introduced on January 1, according to a ...

Britain is set to secure an exemption for financial services from a new global tax system which was agreed by the Group of Seven economies to squeeze more money out ...

Do we still need banks? What role do they play in our society today? The role of banks today has not changed, despite the many changes we have gone through, ...

Europe’s sovereign control over its money is at risk if it does not push ahead with plans for a digital euro and a European payments system, France’s central ...

Onsi Sawiris, the patriarch of a family of billionaire businessmen who launched a group of multinational companies under the Orascom umbrella, died on Tuesday at the age of 90, chairman of ...

Companies making payments from the UK to the EU are seeing sharply higher fees that add up quickly, a report in Finance Monthly shows. Some European companies are also faced ...

Arian Adeli started his first company when he was sixteen. The company has been successful, and so Arian has written a book to go with it. Since then, he and ...

On a rainy day last November, China Baowu Steel Group, the world’s largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One ...

By Pavlos Loizou, Managing Director, WiRE FS It is a paradox that currently only a handful of people in Cyprus are still concerned with the matter of NPLs. Maybe they ...

The European Central Bank should retain the exceptional flexibility of its emergency bond buys after the current crisis, ECB board member Fabio Panetta said on Monday, setting the stage for ...

Banking jobs in the German financial capital of Frankfurt are on the decline despite a boost from Brexit, according to a study by German lender Helaba. Headcount at the city’...

President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates JPMorgan’s new trading hub in the French capital which ...

Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which ...

The European Central Bank could lift a restriction on bank dividend payments in the coming months thanks to an improved macroeconomic scenario in the euro zone, ECB policymaker Pablo de ...

With the British economy seeming to go like gangbusters – UK GDP is expected to rise by 7.2 per cent in 2021, according to the OECD, 265 per cent job growth expected in the ...

“Talented developers, senior developers have to be involved with more innovative things and stay on top of current technologies, because as a developer, if you’re doing the same thing ...

Cyprus funds grew 14 per cent in terms of assets under management in the first quarter of 2021, to €9.8 billion. We asked Andreas Yiasemides, president of the Cyprus Investment Funds Association, to ...

The Board of Hellenic Bank on Wednesday at its Annual General Meeting elected two new members, and re-elected all of its other 11 members. The two new members are both newly ...

Workers in Cyprus have been working harder, with more hours and fewer absences, according to a recent report, but incomes are declining. And, in spite of all that, economic sentiment ...

The firm that will manage the privatisation of the Cyprus Stock Exchange (CSE) will be announced in two weeks, Board Chairman Marinos Christodoulides said on Wednesday. A consultive firm will ...