Business

Construction of one of Germany’s tallest buildings has suddenly halted midway after the developer stopped paying its builder, yet another ominous sign for the nation’s troubled property sector. ...

FTX founder Sam Bankman-Fried was found guilty of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31...

The University of Cyprus’s Economics Research Centre (CypERC) this week revised its projections for the country’s real GDP growth downward for 2023, citing various challenges and uncertainties. The centre’...

The City of Dreams Mediterranean has been honoured with the title of the world’s best new luxury resort-casino at the Seven Stars Luxury Hospitality and Lifestyle Awards 2023 (SSLHLA). In ...

British supermarket group Sainsbury’s forecast full-year profit at the upper half of previous guidance as it reported slightly better-than-expected flat profit for the first half due to demand for ...

Kraft Heinz (KHC.O) this week raised its 2023 profit estimates for the second time this year after topping quarterly earnings estimates on higher prices for its packaged meals and condiments, ...

Japanese Prime Minister Fumio Kishida said on Thursday the government will spend over 17 trillion yen ($113 billion) on a package of measures to cushion the economic blow from inflation, which will ...

Electricity subsidies and financial assistance for photovoltaic installation have started being provided to people with laryngeal cancer thanks to the advocacy of a local charity. The association of cancer patients ...

The President of the European Investment Bank, Werner Hoyer, is set to make an official visit to Cyprus on Monday. Hoyer will be joined on the island by the newly ...

As the crypto market takes a turn toward greener pastures, investors are looking for the top investment opportunities. Veteran crypto experts have found the best cryptos to buy in such ...

The pound rose on Thursday after the Bank of England held interest rates at a 15-year high but stressed that it did not intend to cut them any time soon. ...

Nicosia will receive support for its green and digital transition through its inclusion in a European Commission initiative, the municipality announced on Thursday. The Cypriot capital has been selected to ...

The Turkish central bank hiked required reserves for FX-protected lira deposits by 5 percentage points, according to a decision published in the Official Gazette early on Thursday. The central bank increased ...

VC Spectra (SPCT) has recently garnered significant investor attention after experts predicted a stunning 900% growth for the new coin. Meanwhile, Monero (XMR) saw a price uptick following its GUI v0.18.3.1 ...

FTX founder Sam Bankman-Fried’s defense lawyer told jurors on Wednesday that prosecutors in his fraud trial sought to portray him as a “villain” and a “monster” because they could ...

Andrew Tate, a prominent social media figure, recently surprised the crypto community by promoting his cryptocurrency university. This comes as a departure from his earlier disdain for the crypto space. ...

Emerging stock market India are hailed as the new frontier of global economic growth that shows a double-edged sword for investors who want to make enough money. However, these markets, ...

Luxury sports carmaker Ferrari (RACE.MI) has no plans to transfer its registered office from the Netherlands at the moment, a spokesperson for the company said on Wednesday. Earlier on ...

After two consecutive months of inflationary increases, October has brought signs of moderation in Cyprus’ inflation rate, according to the latest report by the Cyprus Statistical Service (Cystat). According to ...

Shell (SHEL.L) on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas (LNG) trading. The company announced share buybacks ...

A technical glitch that cancelled all flights departing from Turkey’s biggest city of Istanbul on Wednesday is now fixed and operations are returning gradually to normal, Turkey’s flag-carrier ...

The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that ...

The Cypriot government has reported a surplus of €931.6 million for the period spanning January to September 2023, according to a preliminary estimate released this week by the state’s statistical service. ...

Hellenic Bank on Wednesday released a statement underlining that it is spearheading the green transition with innovative, specialised products, something which was further stressed during a recent energy conference. The 11...