Banking and Finance

Cyprus professionals have mixed feelings about the proposal from the US Treasury Secretary Janet Yellen to establish a global minimum corporate tax. “It’s impractical and makes no sense in ...

Invest Cyprus, a government agency tasked with promoting Cyprus as an attractive destination for doing business in a wide range of industries and market segments, has launched a new initiative ...

Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, ...

In its research, credit agency S&P notes several themes that weigh against the Cyprus economy – the other credit agencies also make the point that these issues are holding ...

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand ...

Some 50 members of Congress on Monday urged US Trade Representative Katherine Tai to seek removal of 25 per cent tariffs on American Whiskey imposed by the European Union and Britain in ...

The British Travel Association has called Boris Johnson’s delay of any decision on allowing international travel “beyond disappointing.” The prime minister said he was “hopeful” that foreign travel could ...

Turkey’s inflation jumped to 16.19 per cent in March, the Turkish Statistical Institute announced on Monday, rising for a sixth straight month after the sharp decline of the lira. The ...

In August, the price of an ounce of gold broke through the key resistance level of $2,000. Now it’s fallen back to about $1,700 per ounce. Does this mean that gold ...

Part II: Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister ...

Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as solid demand for less expensive models offset the impact of a global ...

A hacker is offering information on more than 500 million Facebook Inc users – including phone numbers and other data – virtually for free. News of the latest leak here was first reported ...

Ed Sheeran earned more than £7 million in royalties from “The Shape of You.” Wouldn’t you like to get a piece of that? Dolly Parton is still collecting royalties from ...

Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister addresses nearly ...

There have been global repercussions from the recent block of the Suez Canal for six days by a stranded container vessel. The Suez Canal Authority is claiming $1 billion in damages, ...

The UK government has signed a long-term investment agreement with Abu Dhabi’s sovereign wealth fund Mubadala to invest £1bn in UK life sciences businesses to boost post-pandemic recovery, fDi ...

The EU’s former chief Brexit negotiator Michel Barnier has called for a ceasefire in the vaccines war between Brussels and the UK. In a speech in Zurich marking the ...

Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies and investment firms rushed to get ahead of changes in ...

The Turkish lira has fallen to 9.75 to the euro at this writing, close to a record low. The lira is at 8.33 to the dollar; the record low is 8.53. The British ...

On March 24, the government announced changes to the offer for a ‘Golden Visa,’ – Cyprus residency in exchange for investment, but no passport. However the new offer is little changed from ...

PayPal will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move ...

Covid-19 vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc reduced risk of infection by 80 per cent two weeks or more after the first of two shots, according ...

Talks on the EU Common Agricultural Policy (CAP) reform held on March 26 broke down over questions like “what does a farmer do” and payment for performance. The CAP accounts for ...

Visa said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies ...