Business

Goldman Sachs says the possibility of a deeper group oil output cut is on the table when OPEC+ oil producers meet this weekend, and it expects Saudi Arabia and Russia ...

Britain’s economy is forecast to grow by 0.7 per cent in 2024, finance minister Jeremy Hunt said on Wednesday, citing the latest projections from the Office for Budget Responsibility (OBR). The ...

The recent rally that has lifted US stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary ...

British Chancellor Jeremy Hunt announced tax cuts for workers before an expected 2024 election and he gave businesses permanent investment incentives in an attempt to speed up an economy that looks ...

Turkish Foreign Minister Hakan Fidan said on Wednesday he will “raise the issue” of Israelis buying property in the north with the Turkish Cypriot authorities. Fidan was quizzed by the ...

Α Larnaca resident, owner of a residential apartment, this week sent a letter to the House Standing Committee on Internal Affairs, advocating for changes to the legal framework regulating multi-owner buildings. ...

An OPEC technical panel invited a top financial market dealer to give a presentation this week which painted a bearish outlook for the oil market, according to materials from the ...

Google Bard has spotlighted three altcoins – Tron (TRX), Polygon (MATIC), and Everlodge (ELDG) – projecting their rise in the upcoming year. These predictions often serve as guides for traders seeking promising ...

Are you interested in working in a sustainable and environmentally-friendly environment? Look no further than co-working spaces! With energy-efficient lighting, green building certifications, and waste reduction programs, these shared workspaces ...

Scope Ratings, a German rating agency, this week upgraded the long-term rating of the Republic of Cyprus from BBB to BBB+, maintaining a stable outlook for the Cypriot economy. This ...

Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal US anti-money laundering laws as part of a settlement resolving a years-long probe into the world’s ...

Crypto investors are basking in the uptrend of the market. However, BNB (BNB), the Binance exchange token, appears to be grappling with bearish pressure. BNB’s price decline has paved ...

Warren Buffett said on Tuesday he has donated about $866 million of Berkshire Hathaway (BRKa.N) stock to four family charities, and told shareholders “I feel good” as he moves nearer ...

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the ...

Cryptocurrency is a precocious industry, in its lows as well as its highs. So it makes sense that Binance, the world’s largest crypto exchange, has agreed to pay a $4.3 ...

The annual growth rate of Cyprus’ Composite Leading Economic Index (CLEI) remained positive in October 2023, despite a slight deceleration, according to the University of Cyprus Economic Research Centre. Based on ...

The Construction Materials Price Index in Cyprus experienced a marginal decrease of 0.13 per cent in October compared to the previous month, according to the latest report from the state’s ...

New car sales in the European Union rose 14.6 per cent in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted ...

Pay awards from British employers rose in the three months to October thanks to rising public sector salaries but private sector pay deals – which are closely watched by the Bank ...

The ability of Cypriot banks to reduce operating costs while investing in digital transformation will be key to offsetting inflationary pressure and still-high credit provisions, rating agency Standard and Poor’...

A common question in the vast and confusing world of cryptocurrencies is what is the best crypto to buy right now? Beyond the big names and best ICO market leaders, ...

The Bank of Cyprus’ Innovation Centre, known as IDEA, this week officially announced the commencement of new applications from people with innovative ideas that have the potential to transform into ...

Energy Minister George Papanastasiou on Tuesday spoke of “cautious optimism” regarding talks with energy giant Chevron over development of the Aphrodite offshore gas field. Without divulging details of the discussions – ...

The euro zone’s sinking commercial property sector could struggle for years, the European Central Bank said on Tuesday, posing a threat to the banks and investors which financed it. ...