Business

Payments company Mastercard (MA.N) on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation ...

British inflation defied predictions of a slowdown and held at 8.7 per cent in May, putting yet more pressure on the Bank of England a day before it is expected to ...

Britain’s public sector net debt surpassed 100 per cent of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday. ...

In a volatile turn of events, Bitcoin (BTC) has suffered a significant blow, plummeting below the $25,000 mark as the Federal Reserve adopts a hawkish stance. However, amidst the regulatory challenges ...

Have you heard of the concept of ‘passive income’? It refers to the earnings generated from assets or investments that require minimal effort or time to maintain. Running a side ...

Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias this week described the Cyprus University of Technology (Tepak) as a fundamental pillar for knowledge and research on the island. ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that its business mission, led by Deputy Minister of Tourism Kostas Koumis, departed on Tuesday for the city of ...

British grocery inflation eased slightly for the third month in a row in June, industry data showed on Tuesday, providing a modicum of comfort for consumers worn down by a ...

The European Commission plans to propose measures this year to address security risks posed by outbound investments as well as reinforcing export controls on goods that have both civilian and ...

Turkey raised monthly minimum wage by another 34 per cent beginning on July 1, the government said on Tuesday, bringing it to a net 11,402 lira ($483) for the second half of the year ...

Cyprus wants shorter gas pipeline to Israel By Michele Kambas Cyprus hopes to develop plans for a pipeline linking it to Israel’s east Mediterranean gas fields during talks which ...

Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Tuesday addressed the annual general meeting of the Association of Cyprus Banks, touching on domestic economic developments, the resilience of the ...

The Association of Cyprus Banks has always played a “creative and productive part” in the island’s banking sector developments, particularly amidst the challenges of the past few years, Finance ...

The recent crypto market crash, triggered by the aftermath of SEC lawsuits targeting major exchanges like Binance and Coinbase, has left investors searching for stable investment opportunities. Cryptocurrencies such as ...

The crypto market recently experienced a significant crash following the aftermath of the Securities and Exchange Commission (SEC) lawsuits against major platforms like Binance and Coinbase. This regulatory scrutiny has ...

When Netflix co-CEO Ted Sarandos visits South Korea this week he will find an entertainment industry that has achieved global fame through hits such as “Squid Game” and “The Glory”, ...

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday. “CBDCs ...

A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19 per cent last year, as they are increasingly left cash-strapped in a cooling ...

Intel (INTC.O) will spend more than 30 billion euros ($33 billion) to develop two chip-making plants in Magdeburg as part of its expansion push in Europe, a deal Chancellor Olaf Scholz ...

Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ...

Construction material prices in Cyprus remained stable in May, according to a report published by the state’s statistical service on Monday. According to the data cited in the report, ...

Britain’s main manufacturing trade body Make UK revised up its outlook for this year on Monday thanks to strong demand for aircraft and electronics, but said it still expects ...

British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 25 per cent, in another sign that a surge in inflation might be ...

Lawmakers heard on Monday that around 20,000 debtors should benefit from the planned establishment of special courts fast-tracking financial disputes between borrowers and banks, aimed at affording some protection to mortgaged ...