Business

Cyprus experienced a significant rebound in inflation in August 2023, primarily attributed to the surge in food prices, effectively ending a year-long period of declining prices since its peak in July 2022 ...

Representatives of the world’s major investment funds and managers are expected to convene in Limassol, Cyprus, from October 23 to 25 for the 36th Annual International Investment Funds Association (IIFA) conference. ...

The US Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the ...

Big supermarkets in Greece will need to share with authorities their price lists for basic foods, the government said on Wednesday, in an effort to help households grappling with rising ...

A coalition of British retail industry groups and shopworkers union USDAW has written to police leaders in England and Wales calling on them to back a plan to counter a “...

Oil prices fell by more than $1 on Wednesday ahead of the US Federal Reserve’s interest rate decision, with investors uncertain when peak rates will be hit and how much ...

The US Securities and Exchange Commission (SEC) on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment adviser to an unidentified ...

Volvo Cars (VOLCARb.ST) said on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker. “In a few ...

As the market battles the bear trend, top investors are accumulating some tokens in anticipation of their future recovery. Axie Infinity (AXS) has seen a slight increase in market activity ...

The Cyprus Hoteliers Association (Pasyxe), led by President Thanos Michaelides and General Director Philokypros Rousounides, held discussions with the Greek Minister of Tourism, Olga Kefalogianni, and representatives of the Hellenic ...

In celebration of International Equal Pay Day, the Commissioner for Gender Equality and the Cyprus Chamber of Commerce (Keve) have announced a collaborative effort to advance gender equality in the ...

Bitcoin isn’t the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to real-world assets like the US dollar, have wilted to their lowest market capitalization in ...

Hackers who breached casino giants MGM Resorts International (MGM.N) and Caesars Entertainment (CZR.O) in recent weeks also broke into the systems of three other companies in the manufacturing, ...

Commercial banks have so far offered insufficient support amid interest rate hikes, the House commerce committee heard on Tuesday. During a session focusing on the issues caused by the European ...

The European Central Bank is done hiking interest rates and will stay on hold until at least July next year, according to economists in a Reuters poll, who said there ...

TechIsland, Cyprus’s leading tech business association, celebrated a significant milestone as it concluded the “Building Tech Islands: A Workshop on Attracting Foreign Tech Companies”. Held as a side event ...

The once-heralded FTX exchange is still relevant in the crypto industry. FTX will now liquidate many assets like Bitcoin (BTC) and Ethereum (ETH) to settle some of its enormous debt. ...

Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent compared to August 2022, primarily attributed to a remarkable increase of nearly 33,000 tourist arrivals ...

At factories in Japan’s industrial heartland, Toyota (7203.T) has turned to self-propelled assembly lines, massive die casting and even old-fashioned hand polishing as it aims to make up for ...

Investors are shocked over the recent hack of Stack Casino, where $41 million was stolen from the casino. After moving BNB ($BNB) and Polygon ($MATIC) tokens, investors are now watching the ...

Societe Generale’s (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. As ...

Bitcoin, the best cryptocurrency, has managed to claw back some of its losses, once again crossing the $26k mark; a much-needed relief for investors. Santiment’s recent analysis indicates that ...

Most leading euro zone banks have met a January 2024 target for issuing special debt to replenish capital in a crisis, but some need to do more to ensure they can, ...

At least $14.3 million worth of coal produced in areas of Ukraine annexed by Russia has been exported to NATO member Turkey this year, according to Russian customs data reviewed by ...