Banking and Finance

Four U.S. banks warned of lower interest income for this year on Friday, capping a week of dour commentary from the industry that has been under pressure from high ...

Ford Motor (F.N), opens new tab said on Friday it would reduce production of its F-150 Lightning pickup truck, as demand for electric vehicles (EVs) slows. The No. 2 U....

Macroeconomic stabilisation policy for some time now has been navigating in the dark. This will only increase in the next decades as structural changes in the economy are big and ...

According to data published on Friday by Eurostat, Cyprus experienced a 14 per cent decrease in potato prices in 2023. Similar trends were observed in Belgium (18 per cent decrease) and Austria (4 per ...

Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than ...

The rate of inflation continued on a downward path in December, according to the Consumer Protection Service which monitors the prices of consumer products. Inflation in December was down to 1.6 ...

European stocks rose on Thursday as markets steadied after falling the previous day when traders lowered their expectations for major central banks to start cutting interest rates soon. A combination ...

Suppose you’re looking for financial assistance to cover unexpected expenses with credit scores in the 300 to 580 range. In that case, one option is to take out the best no ...

Barclays CEO C.S. Venkatakrishnan is looking to use the lender’s first investor day in a decade to show shareholders it can replicate the success of its investment bank ...

According to the annual data published by Eurostat, the EU exported 32.1 million tons of waste to third countries in 2022, marking a 3 per cent decrease from 2021. Concurrently, waste imports to the ...

According to the Cyprus Statistical Service (Cystat), the prices of construction materials show a small increase. The Construction Materials Price Index for 2023 recorded an increase of 2.91 per cent per compared ...

Apple (AAPL.O), opens new tab ended Samsung Electronics’ (005930.KS), opens new tab 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, ...

World stocks and bonds took a hit on Wednesday as central banks pushed back against interest rate cut bets, while signs of a patchy economic recovery in China drove shares ...

Renault (RENA.PA), opens new tab on Wednesday reported a 9 per cent increase in annual global sales volumes for 2023, returning to growth after four consecutive years of decline and the ...

Cyprus showed a decline in loan applications by both businesses and households, in the third quarter of 2023. This was influenced by strict Eurozone policies and rising interest rates, according to ...

Oil prices rose by around 1 per cent on Tuesday, as investors weighed the impact of tensions in the Middle East. Brent crude futures gained 81 cents, or about 1.04 per cent, to $78.96 ...

Thomson Reuters (TRI.TO) said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market. The London-based company of ...

Business chief executives have expressed greater optimism about the economic prospects in 2024 than they had done for the previous year, with a many having plans to expand their workforce in ...

Toyota Motor (7203.T) plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday. Toyota is preparing to ...

We’ve all been there. A sudden unexpected expense pops up, or perhaps a layoff or illness has drastically reduced your income. During these stressful times, it can be tempting ...

Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting Group ...

Greece has begun preparations for the sale of 30 per cent stake in Athens International Airport through an initial public offering (IPO) and separate agreements with shareholders AviaAlliance and the Copelouzos ...

Banks in Cyprus and Hungary are the most profitable for shareholders, the European Banking Authority (EBA) said on Friday, regarding the risk of Eurozone banks. As of the end of ...

Microsoft (MSFT.O) on Thursday briefly overtook Apple (AAPL.O) as the world’s most valuable company for the first time since 2021 after the iPhone maker’s shares made a ...