Business

Russian natural gas giant Gazprom (GAZP.MM) is setting up a Middle East unit, the company said in a regulatory disclosure on Tuesday. It did not reveal details. Several Russian ...

British budget airline easyJet on Tuesday released a six-month update on its results, ending March 31, 2023, which showed a £120 million improvement over the corresponding period of the previous year. The company, ...

A Johnson & Johnson subsidiary is again asking a US judge to pause tens of thousands of lawsuits alleging that the company’s baby powder and other talc products cause ...

The first phase of a scheme to transition hotel businesses to a circular economic model has begun in Cyprus, aimed at strengthening their competitiveness and resilience through sustainable practices. The ...

Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the US energy major looks to meet growing demand in the region and ...

China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for ...

Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by ...

Ernst & Young’s US arm said on Monday it was shedding 5 per cent of its workforce, less than a week after the unit’s objection torpedoed the global accounting ...

UBS (UBSG.S) on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse (CSGN.S). UBS said it will use some ...

Tourist arrivals to Cyprus increased by 61 per cent during the first quarter of 2023, the Cyprus Statistical Service said on Tuesday. Total numbers reached 393,893, compared to 244,705 in the corresponding period of 2022, ...

Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a decade prompted a flight of funds, with customers seeking better ...

Cryptocurrency is a new phenomenon, and while the amount of skepticism surrounding it has lessened over time, we still have to patiently wait before everyone is on board. However, as ...

The EcoX Cyprus fintech community is organising an interesting blockchain meetup and networking event in Limassol to discuss blockchain technologies and their applications with guests from Binance, Internet Computer and ...

TMS Network (TMSN) has rocked the crypto-shpere this year as revenue is up a mindblowing 2240%. This has led to the TMS Network (TMSN) token price appreciating by an unbelievable 938% and ...

Cyprus-based venture capital firm 33East on Tuesday announced that it has been selected to manage the Cyprus Equity Fund, further helping to grow and develop the island’s startup and ...

The crypto market slump has culminated in experts and novice investors searching for crypto projects to invest in and potentially boost their asset earnings. However, the uncertainty plaguing the crypto ...

Britain’s unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England (BoE) as it ...

Agriculture Minister Petros Xenophontos is in Stockholm on Tuesday to participate in an informal meeting of environment ministers, taking place April 18 to 19. The ministry said European ministers will discuss with ...

French carmaker Renault (RENA.PA) is reviewing its pricing policies of electric cars worldwide to ensure it stays competitive after a wave of price cuts by US rival Tesla Inc (...

A tender with an estimated value of €2 million for the preparation of a modernised bill and regulations covering the outdated companies’ law was announced by the finance ministry on Tuesday ...

In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari’s classic car division. It was either her or ...

Workers from Tesla’s (TSLA.O) Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told ...

Israel’s finance minister on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and reiterated his stance that ...

Banks in the Middle East and Central Asia have very limited exposure to last month’s banking turmoil in the United States and Europe, but financial pressures are adding to ...