Lebanon could face coup or civil war; LBP drops to 13,000 to dollar
As protests flare in the streets of Beirut every day, and the cost of living rises to levels that nearly half the population of the...
Cyprus Business News
Vaccine exports from EU could be banned — Commission President
“We have the possibility to forbid planned exports. That is the message to AstraZeneca,” warned European Commission President Ursula von der Leyen, in a speech...
PM Johnson to offer full-scale travel update on April
UK Prime Minister Boris Johnson has promised to provide a full-scale travel update on restrictions on April 5. Speaking at the government’s latest Covid-19 briefing...
Cyprus fund industry sees 10.3% q-on-q growth to €8.58bn
The value of total Assets Under Management with Cyprus funds reached €8.58 billion in the 4th quarter of 2020, a 10.3 per cent increase from...
Turkey ‘will not take steps to support currency’ after lira plunges
“There will be no extraordinary meeting of the policy committee at the central bank, nor will any steps be taken to defend the Turkish lira,”...
Covid-19 can be detected by sound with Neosperience’s new process
Italy’s Neosperience has developed a way to detect Covid-19 infections by analysing a person’s speech or cough, the software company announced on Tuesday. Neosperience President...
Net-zero emissions targets adopted by one-fifth of world’s largest companies
One in five of the world’s 2,000 largest publicly listed companies have now committed to a “net-zero” emissions target to help tackle climate change, researchers...
Europe gets a new unicorn; Mambu, valued at $2.08bn
Top 10 Unicorns in Europe by value 1 – Klarna (Sweden). Valuation: $10.65bn. Sector: fintech 2 – Bolt (Estonia). Valuation: $4.3bn. Sector: transport 3 –...
Hellenic Bank appoints German finance specialist Oliver Gatzke CEO
Hellenic Bank has named Oliver Gatzke, a German banker with years of experience in both financial restructuring and fintech as CEO. The 52-year old Gatzke...
Microsoft in talks to acquire Discord for more than $10 billion
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter....
