Business

Cryptocurrencies are a valuable investment to consider in 2024. Owing to inflation, most currencies experience a decline in value. Cryptos can effectively safeguard against inflation due to their limited supply and ...

MDigi-I Project receives €2.8 million from Cyprus Research and Innovation Foundation (RIF) to drive digitalisation in shipping industry The Cyprus University of Technology (Tepak) has announced its participation in the Maritime ...

Cyprus witnessed a notable slowdown in property transactions during the first quarter of 2024, reflecting the cumulative challenges faced by the real estate sector, including inflationary pressures and high interest rates, ...

President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides recently released a statement underscoring the significance of developing the bond market within the CSE framework. In addition, Christodoulides highlighted the ...

President Nikos Christodoulides will on Monday travel to London for a series of contacts with financial parties, entrepreneurs and investors. As part of his visit, the president will participate in ...

The European Central Bank (ECB) is increasingly confident that it is winning the fight against inflation, which makes an interest rate cut in June very likely, according to ECB policymaker ...

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services ...

Britain’s tepid economy is on course to exit a shallow recession after output grew for a second month in a row in February, and January’s reading was revised ...

Big technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming US reporting period, which could refuel optimism for stocks after a weak start ...

German sportswear brand Puma is using this year’s Olympic Games and its partnership with sprint champions Jamaica to focus on speed as it jostles with Adidas and Nike to ...

Constellation Brands forecast annual profit above Wall Street expectations on Thursday, banking on resilient demand for its core beer brands despite sticky inflation. Demand across the company’s beer brands ...

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing lower than expected consumption in OECD countries and a slump in factory activity. The Paris-based ...

European stocks were on track to race ahead of Wall Street on Friday, with exporter shares in high demand as the continent’s major currencies dropped against a dollar standing ...

Here are the top business stories in Cyprus from the week starting April 8: Minister of Agriculture, Maria Panayiotou, recently lauded the economic significance of the wine industry and unveiled plans ...

Almost half British firms plan to raise their prices over the coming year as they struggle with high wage bills, according to a survey that underscored why the Bank of ...

In the rapidly evolving landscape of technology and finance, Ethereum stands out as a captivating and promising concept for individuals and businesses alike. Functioning as a groundbreaking blockchain platform, Ethereum ...

JPMorgan Chase’s profit rose 6 per cent in the first quarter, although its shares dropped after the bank’s forecast for its income from interest payments came in below analysts’ ...

Energy, Commerce and Industry Minister George Papanastasiou and Japan’s Parliamentary Vice-Minister for Economy Taku Ishii on Saturday expressed the joint wish to renew discussions on strengthening economic and business ...

Understanding ETF liquidity is essential for investors looking to navigate the financial markets effectively. Liquidity impacts the ease and cost of trading ETFs, influencing investment decisions and portfolio performance. This ...

The highest-performing altcoin in the market, Solana (SOL), has experienced a significant decline over a single day of trading, alarming investors. This plunge caused concern after being noted as the ...

European Central Bank policymakers will discuss green monetary policy and their upcoming strategy review at a retreat in Ireland next month, where they will also pave the ground for a ...

Bitcoin’s creation by Satoshi Nakamoto revolutionized the financial world, introducing the concept of decentralized digital currency. Central to Bitcoin’s design is the halving, a process that reduces the ...

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services ...

The interior ministry on Friday officially announced that elections for European Parliament and local government would be held on Sunday, June 9. The deadline to submit a candidacy was set for ...