Business

Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility. Benchmark Brent averaged around $80 a barrel this ...

Limassol’s striking new business hub invites prospective moguls on an immersive experience, to explore its game-changing elevated workspaces Neocleous Tower is a modern, sustainable, office building in central Limassol, ...

Bitcoin (BTC) wallet Conio recently allied with Coinbase as it seeks to enhance liquidity for institutions dealing with digital assets. Notably, Bitcoin (BTC) has experienced a massive bullish momentum in ...

The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while trying to temper speculation about imminent interest rate ...

PDD Holdings’ (PDD.O) international facing discount e-commerce platform, Temu, filed a lawsuit in a US District of Columbia court on Wednesday alleging rival Shein employed “Mafia-style intimidation” to coerce ...

The Cyprus Borrowers Association (Syprodat) this week released a statement hailing two bills ratified by the House last week as crucial for borrowers and the economy, emphasising their significance in ...

Pfizer (PFE.N) on Wednesday forecast 2024 sales that could be as much as $5 billion below Wall Street expectations, a move top executives said provided a more reliable view of its ...

Argentina’s government allowed the peso currency to plunge over 50 per cent to 801 per dollar on Wednesday as markets cautiously welcomed the first details of President Javier Milei’s plans ...

Tesla (TSLA.O) is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a federal safety regulator said ...

The Cypriot government is expected to spend approximately €18 million on airline and travel agency incentives for the entirety of 2023, after a recent approval by the House of Representatives, as part ...

The Central Bank of Cyprus (CBC) on Thursday released a statement confirming the bank holidays for the upcoming festive season, while urging the public to plan accordingly. According to the ...

A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH (LVMH.PA) to Kering (PRTP.PA), but none more than Farfetch, an e-commerce pioneer. Founded ...

According to recent reports, Cardano has been tagged as a more decentralized network than Polygon. While both coins are top players in the crypto space, a new DeFi coin, Pullix, ...

European Union lawmakers provisionally agreed on Wednesday on a bill aimed at giving workers at online companies such as Uber and Deliveroo employee benefits, which if adopted would be a ...

Filecoin’s (FIL) collaboration with various industry participants has led to a notable positive effect on its price trajectory. Nevertheless, FIL’s price fluctuations strongly correlate with Bitcoin (BTC), increasing ...

Britain’s economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England’s resolve to stick to its tough ...

Britain’s payments regulator on Wednesday provisionally proposed a cap on cross-border interchange fees charged by Mastercard (MA.N) and Visa (V.N) on transactions made between the UK and ...

With Zara-owner Inditex (ITX.MC) and H&M (HMb.ST) set to disclose their most recent sales results, investors will be focused on one major question: how are the ...

The Paphos Regional Tourism Board (Etap) announced this week that it has approved its budget and action plan for 2024, with the decision having been taken during the most recent meeting ...

There was a notable upswing in government employment in November 2023, reaching a total of 54,404 individuals, marking an increase of 867 individuals, reflecting a rise of 1.6 per cent compared to the same ...

A COP28 pledge by energy majors to reduce their emissions is not enough to convince many sustainable fund managers to include the companies in their portfolios because it omits pollution ...

Netflix is set to pull ahead of Disney+ in the race for US advertising dollars next year as price hikes and a password-sharing crackdown pull more viewers to its ad-supported ...

KuCoin, one of the world’s largest cryptocurrency exchanges, has agreed to block New York users from its platform and pay $22 million to settle a lawsuit brought by the state ...

The Nicosia Regional Tourism Board (Etap) this week announced that the EduTourism initiative, which aimed at boosting educational tourism to amplify appreciation for cultural and natural heritage, concluded in November ...