Business

Britain’s Financial Conduct Authority will reassess its attitude towards financial firms’ risk-taking in order to spur growth, the watchdog said on Tuesday, as it set out its next five-year ...

Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the ...

Klarna’s upcoming US initial public offering could help unlock a pipeline of British fintech flotations after a barren period for new technology listings, investors, lawyers and an executive told ...

British retailers reported the sharpest drop in sales volumes in eight months in March and they expect to see little improvement next month, an industry survey showed on Tuesday, showing ...

Solana (SOL) has been a dominant force in the crypto market, currently trading around $131, with analysts forecasting a potential rise to $1,000 by Q4 2025. However, a new challenger, Mutuum Finance (MUTM), ...

Cryptocurrencies have long rewarded early investors, but few moments compare to catching a project at the start of its rise. Cardano (ADA) was one of those rare opportunities—starting at $0.02 ...

As the DeFi space continues to evolve, Mutuum Finance (MUTM) is positioning itself as one of the most closely watched projects ahead of its public launch. With growing interest from ...

Large fund managers expect the bulk of Russia’s assets to remain closed to Western investors, despite a flurry of “exotic” trades betting on a rapprochement between Moscow and Washington. ...

The New Helvetia Hotel in Platres, which was recently awarded the ‘Historic Hotel of Cyprus’ label by the Deputy Ministry of Tourism, is preparing to reopen following its most extensive ...

Household spending has seen a significant increase, according to the latest Household Budget Survey (HBS) by the Cyprus Statistical Service (Cystat). Specifically, the service reported that the average annual consumption ...

The Cyprus Borrowers Association (Syprodat) released a statement on Monday saying that despite recent interest rate cuts by the European Central Bank (ECB), many borrowers have not noticed a decrease ...

The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said on Monday, just days after another prominent policy dove made a similar ...

The Bank of England on Monday launched its 2025 bank capital stress test for Britain’s seven largest and most systemic banks and building societies. The results of the test, which ...

The sponsor of a bill aiming to end the practice of cutting off solar panels urged government agencies on Monday to come back with their written remarks by the end ...

Ripple (XRP) and Mutuum Finance (MUTM) continue on opposite roads in 2025 potential. Analysts following Ripple (XRP)- whose lengthy court battle with that SEC, now set to be resolved, could ...

A top investors $250 bet on Pepe (PEPE) just three days after its unveiling, morphed into a six-figure jackpot as the meme coin surged to a $1 billion market cap within in ...

ADA has seen a persistent loss of bullish momentum over the past month as uncertainty permeates the market. Having maintained a range of between $0.69 and $0.75 for several weeks, ADA’s 0.20% ...

An early rally in Turkish stocks following last week’s slump fizzled out on Monday with tensions in the country running high after a court jailed Istanbul Mayor Ekrem Imamoglu ...

The Cyprus Borrowers Association (Syprodat) released a statement on Monday saying that despite recent interest rate cuts by the European Central Bank (ECB), many borrowers have not noticed a decrease ...

The Cypriot insurance industry is experiencing heightened merger and acquisition activity, mirroring developments in the banking sector, according to a report from Stockwatch. Major Greek banks have recently pursued acquisitions ...

Limassol-based maritime analytics firm KeelX launched on Monday a generative AI chatbot designed to support faster decision-making and improve operational efficiency across the shipping industry. According to the statement, KX-AI, ...

The Institute of Certified Public Accountants of Cyprus (Selk) has expressed reservations over certain provisions in a set of tax law amendments currently under review by the House finance committee. ...

Hellenic Bank has completed its latest voluntary exit scheme, with 154 employees departing the bank between February 17 and March 11. The initiative, which cost the group approximately €24.2 million, is expected to yield ...

By Spyros Ierides, CFA Society Cyprus In today’s modern era of cutting-edge technologies and Artificial Intelligence (“AI”), financial advice can be just a click away. Undoubtedly, this has led ...