Business

Fintech company Revolut’s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell sharply to 6 million pounds, the company said in ...

If something is shining brighter than the Christmas decorations across the world, it’s Solana’s (SOL) market performance. The cryptocurrency has been witnessing stellar gains and smashed many a ...

Here are the top business stories in Cyprus from the week starting December 25: The long-anticipated completion of bids for the Paphos marina is set for late 2024, according to George Mais, ...

Tesla (TSLA.O) is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at ...

OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the ...

Chinese electric vehicle giant BYD (002594.SZ), said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads. BYD was granted the first such ...

Bitcoin (BTC) is one of the best cryptos to buy right now as prices recently broke the $44,000 resistance level before pulling back to $43,000. The king of cryptocurrencies has earned investors ...

In the exhilarating world of cryptocurrencies, two stars are currently shining the brightest: Bitcoin, on the cusp of reaching a yearly high, and Borroe Finance ($ROE), whose presale is rapidly ...

The Cypriot government recorded a surplus of €1 billion, equivalent to 3.4 per cent of the Gross Domestic Product (GDP), between January and November 2023, according to a report released on Friday by ...

Senior Recruitment Consultant at GRS Recruitment Agency, Eleni Kyriacou, spoke to SOUZANA PSARA about the talent acquisition and recruitment sector in Cyprus, sharing insightful perspectives on the country’s economic ...

The latest figures published by the Cyprus Statistical Service on Friday revealed that there were no significant fluctuations in the Producer Price Index in Industry for November 2023. The index stood ...

Cyprus saw a significant surge in the Industrial Production Index in October 2023, reaching 138.6 units, with 2025 being the base year, marking a 5.4 per cent increase, according to a report released this ...

Turkey’s central bank said on Friday it would maintain a reserve “build-up strategy” in 2024 in order to continue an uptrend in its international foreign currency reserves, adding that a ...

The head of the Larnaca Hoteliers Association Marios Polyviou said the levels of hotel occupancy and tourist arrivals in town over the past month were satisfactory. Speaking to the Cyprus ...

The Kremlin on Friday warned the West that it had a list of U.S., European and other assets that would be seized if G7 leaders decided to go ahead ...

Employers and Industrialists Federation (Oev) president Antonis Antoniou has stated that only through strong competitiveness can Cyprus ensure the prosperity of its people, strengthen the social safety net for the ...

Trade dynamics have always been a crucial component of the global economy. As technology advances at an unprecedented pace, it is essential to understand how these advancements impact global trade. ...

Oil prices are set to end 2023 about 10 per cent lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered ...

Activity in Russia’s manufacturing sector expanded at its fastest pace in almost seven years in December, a business survey showed on Friday, though new export orders contracted for the ...

If you are a beginner cryptocurrency investor, focusing on project fundamentals instead of tokenomics is better. Arbitrum (ARB) and Uniswap (UNI) have solid fundamentals, and both platforms have planned ecosystem ...

Theophanis Theophanous has been working for Barclays in the United Kingdom since 2011 when he joined as Managing Director in the UHNW and Family Offices team. Prior to that, he worked ...

The cryptocurrency market has been building momentum throughout 2023. Ahead of a potentially groundbreaking year, Bitcoin (BTC) has notched a new milestone. The network’s hash rate has hit a new ...

The federation of employers and industrialists (Oev) on Friday announced changes in its composition which will go into effect on January 1. Among them, Deputy General Manager Kostas Christofides is set ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled by the University of Cyprus’ Economic Research Centre (CypERC), registered an annual increase of 1.8 per cent in November 2023, according to a report ...