Business

Lebanon must take urgent action on comprehensive economic reforms to avoid “irreversible consequences” for its economy, the International Monetary Fund said on Thursday. IMF spokesperson Julie Kozack told reporters that ...

The cryptocurrency market is known for its dynamic nature, with investors constantly seeking opportunities that offer potential growth.  Polygon (MATIC) has seen some news that has prompted investors to move ...

Taiwan-based computer manufacturer Acer (2353.TW) supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs data seen by Reuters, after saying it would ...

Britain’s windfall tax on oil and gas producers will not be applied if prices drop to certain levels for six months in a row, the finance ministry said on ...

Fabian Cabeza’s role within the firm involves working with a core team of techno-optimists consisting of lawyers and developers “Digital transformation benefits businesses in a myriad of ways such ...

The number of registered unemployed individuals in Cyprus decreased to 10,357 at the end of May 2023, compared to both the previous month, as well as May of the previous year, according ...

Switzerland’s parliament has formally agreed to establish a parliamentary commission (PUK) to look into Credit Suisse’s (CSGN.S) collapse and rescue in a deal engineered by Swiss authorities, ...

Other US crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world’s ...

U.S. President Joe Biden and British Prime Minister Rishi Sunak on Thursday agreed to deepen close economic ties between the United States and Britain, pledging to accelerate the clean ...

The House on Thursday passed a bill that allows staff at the Electricity Authority (EAC) to keep all their current healthcare and other benefits should they decide to transfer to ...

Cyprus President Nikos Christodoulides said enhancing Cyprus’ outward orientation by attracting more foreign investments and promoting integration with foreign ecosystems, leveraging the potential of the digital economy is an important ...

The eurozone economy was in technical recession in the first three months of 2023, data from European statistics agency Eurostat showed on Thursday, after downward revisions of growth in both the ...

Luxury properties valued above €400,000 were the driving force in Paphos’ housing market in 2022 Cypriot firm Ask Wire on Thursday released a report examining the Paphos property market for 2022, including an ...

Investing in digital skills is a must “A training market has been created and is rapidly developing in the field of educational robotics, employing more than 250 people in Cyprus, according ...

Turkey’s lira weakened 0.8 per cent to a record low on Thursday, extending losses after a heavy selloff in the previous session that was seen as a sign of the ...

Elon Musk and Tesla are facing a huge challenge as they are accused of market manipulation and insider trading in a lawsuit filed by cryptocurrency investors who are seeking damages ...

Meta Platforms’ (META.O) Instagram, Alphabet’s (GOOGL.O) YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities ...

Crypto markets are recovering from the past year’s harrowing events, with many platforms pushing upgrades and improving their features. Some, however, are struggling to rise again.  Let’s discuss ...

The Federal Reserve has raised interest rates about 10 times in a bid to control the rates of inflation. These higher rates have affected different investment options including stocks, commodities, and ...

Philipp Shayzhanov is responsible for his organisation’s strategy, operational management, and public relations efforts, all the while immersing himself in the technical minutiae of the Yoloco development process “We ...

The rise of digital currencies has prompted governments worldwide to establish regulations that ensure investor protection and encourage innovation. The European Parliament’s recent approval of the Markets in Crypto-Assets (...

Ariana Resources, the AIM-listed mineral exploration and development company with mining interests in both Cyprus and elsewhere in Europe, this week released its financial results for 2022, posting a pre-tax profit ...

Non-profit organisation Junior Achievement Cyprus recently announced the successful completion of its StartUp Programme for 2023, which sought to support Cypriot startups and promote innovation on the island. “In the final ...

Zara owner Inditex (ITX.MC) said on Wednesday sales of its spring-summer collection jumped by 16 per cent over the past month, maintaining its strong run despite higher wage costs and ...