Business

It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have found a new lease of life after a year ...

One of Russia’s most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in ...

The cryptocurrency market has transformed the financial status of a lot of people. Many stories abound of people who sold all their property to invest in top crypto coins and ...

Advertised salaries in Britain hit their lowest level in six months in October, indicating easing inflation pressure, but a first rise in vacancies since June suggested a recovery in the ...

Scope, Europe’s first ECB-approved credit ratings agency, promises to put more weight on the euro zone’s improved ability to navigate crises although it has concerns about Italy and ...

Former Binance chief Changpeng Zhao must stay in the United States for the time being, a federal judge said on Monday, after the founder of the world’s largest cryptocurrency ...

OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. ...

The government has given energy giant Chevron until Friday to put its position in writing concerning the commercial development of the offshore Aphrodite gas field, the energy minister revealed on ...

Prime Minister Rishi Sunak announced 29.5 billion pounds of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to Europe’s ...

As technology evolves, so do the ways in which investors get access to data surrounding the price performance of cryptocurrencies. Recently, they have turned to AI-driven chatbots like ChatGPT to ...

In today’s episode of crypto innovators, Uniswap (UNI) has decided to allot more voting influence to its DAO delegates. Meanwhile, VC Spectra (SPCT), a new DeFi project, is creating ...

Once or twice a year in Cyprus we experience heavy rain and storms, which cause damage to the infrastructure and to buildings. Numerous readers contact my office to ask who ...

Personal support and user opinions are crucial to ensuring local transport systems become more widely accessible. By Jessica Berthereau When Inez Rastovac, who works for the Dutch municipality of Tilburg, ...

Sony (6758.T) must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London ...

OpenAI and Microsoft (MSFT.O) were sued last week over claims that they misused the work of nonfiction authors to train the artificial intelligence models that underlie services like OpenAI’...

Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting of ransomware attacks under a security overhaul announced last week after a ...

The Israel-Hamas war is a crisis but, in terms of energy, what happens is dependent on the extent and duration of the fighting. The concern is that the main combatants ...

Navigating the complex interplay of geopolitics and geoeconomics By Panayiotis Tilliros The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and ...

The cryptocurrency market has been bustling with activity, particularly among XRP and Shiba Inu investors. While XRP and Shiba Inu (SHIB) experienced price declines due to market volatility, VC Spectra’...

Despite making easy money, Cyprus banks not helping economy and society By Les Manison Cyprus banks have benefitted considerably from the higher interest rate policies of the ECB since mid-2022, ...

Here are the top business stories in Cyprus from the week starting November 20: Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s ...

By Maria Demertzis When Russia invaded Ukraine in February 2022, the European Union had little experience of imposing sanctions. Numerous sanctions packages later, there is still significant doubt about their effectiveness. ...

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, but ...

Broadcom (AVGO.O) said it planned to close its $69 billion acquisition of cloud computing firm VMWare (VMW.N) earlier this week, wrapping up one of the biggest takeover deals in ...