Business

The recent ERC-20 token Vmpx (VMPX) launch has sent shockwaves through the market, triggering a remarkable surge in Ethereum (ETH) burn. This sudden increase in Ethereum burn signifies growing interest ...

Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s presidential vote, some parts of it have done rather well, although ...

Under the overarching theme of Transparency, the 4th Cyprus Forum is set to take place this year, organised by the non-governmental organisation Oxygono, in collaboration with the Delphi Economic Forum. ...

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named the Bank of Cyprus as the ‘Best Bank in Cyprus’ in its 2023 Awards for ...

Britain’s easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts’ forecasts, on the back of an ongoing rebound in summer ...

Enterprise software provider IBM’s (IBM.N) second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses ...

Russian President Vladimir Putin approved Arctic LNG 2’s first line departure via the Northern Sea Route from the Murmansk region to its future production site on the Gydan peninsula, the ...

A tanker containing liquefied natural gas (LNG) that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered <GGL.UL> vessel off the coast of France ...

The north’s electricity authority Kib-Tek and Turkish energy company Aksa signed a new 15-year procurement contract on Wednesday. Aksa owns and operates the north’s Kalecik power plant, near ...

A scheme for the installation of PV hybrid systems for residential units will be rolled out likely in September, the energy minister said Thursday, explaining that anyone can apply for ...

Only around half of vulnerable individuals eligible for a reduced price for their electricity bill, have actually applied to be part of the scheme, the electricity authority (EAC) said on ...

Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain’s Financial Services ...

Cyprus-based investor and entrepreneur Alexey Gubarev this week confirmed that he has recently sold Servers.com, a provider of bare metal services with customers and data centres across North America, ...

Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals ...

When exploring the dynamic crypto market, Solana (SOL) and DigiToads (TOADS) are two top DeFi projects seen to be gaining significant traction among traders and investors lately. Solana has experienced ...

The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow’s mayor as showing the resilience of Russia’s auto industry ...

Meme coins like Pepe (PEPE) are losing momentum as solution-driven projects like InQubeta (QUBE) take over the cryptocurrency space. InQubeta is one of the newest cryptocurrencies linked to artificial intelligence (...

Investors in El Salvador international bonds are relishing 60 per cent returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with ...

India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in ...

The Association for the Protection of Bank Borrowers (Syprodat) this week released a statement expressing its “deep regret” following the rejection of a controversial law proposal that aimed to grant ...

Swedish truckmaker AB Volvo (VOLVb.ST) on Wednesday logged a better-than-expected 57 per cent jump in second-quarter adjusted operating profit, helped by price hikes. “We have been successful in improving margins ...

Australia’s securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed US cryptocurrency exchange FTX, effective from July 14. Bahamas-headquartered FTX, once a star ...

The harmonised inflation rate in Cyprus experienced a significant decline in June 2023 compared to the same period last year, reaching its lowest level in nearly two years, according to a ...

Cypriot Finance Minister Makis Keravnos on Wednesday stated that the economy is on a solid path, with the government closely monitoring developments to ensure its sustained progress in the coming ...