Business

The average gross monthly earnings of employees in Cyprus is estimated to have reached €2,546 during the fourth quarter of 2022, according to a report released on Friday by the Cyprus Statistical ...

The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of failed Silicon Valley Bank and Signature Bank rejected, according to people ...

The United Arab Emirates’ central bank on Friday said it will cancel the licence it granted last year to Russia’s MTS bank, which was placed under British and US ...

Britain’s digital banks will need support over the next few weeks and months to help them cope with the market fallout from the collapse of Silicon Valley Bank, a ...

Finance Minister Makis Keravnos met on Friday with Central Bank Governor Constantinos Herodotou to discuss issues in the banking system, a day after he had met with the heads of ...

As the dust settles on a surprise move by Switzerland to write down $17 billion of bonds under Credit Suisse’s rescue, the market for debt designed as a shock absorber ...

As Tron (TRX) and Neo (NEO) holders face uncertainty in the market, the innovative lending platform Collateral Network (COLT) is gaining momentum during its presale phase. With its unique approach ...

At 1400% ROI TMS Network (TMSN) has outperformed most crypto assets, and with the second stage of the presale still on shrewd investors are getting in before it goes on general ...

A year into chairing the world’s biggest fashion retailer, Marta Ortega is trying to shake up Zara owner Inditex’s fast-fashion image and draw in more aspirational shoppers, according ...

Blockchain technology has been transforming various industries, from finance to healthcare, by providing decentralized, secure, and transparent systems. The emergence of new cryptocurrencies has led to a diverse range of ...

Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by uncertainty over US economic data to ...

Pavlina Kristina Iacovidou has been the Marketing and Public Relations Manager at A.I. Motokinisi Ltd. for the past fifteen years. As the official importer and distributor of Porsche cars ...

Hellenic Bank this week released a statement announcing the completion of Project Starlight, which refers to the sale of a non-performing exposures (NPE) portfolio, combined with the sale of APS ...

As the Aspen Trust Group’s CEO, Marina Zevedeou is in charge of the Group’s overall operations, its marketing strategy, as well as its network and external communications. “I ...

Britain’s economy grew in the fourth quarter of last year, official data showed on Friday, with a jump of business at travel agents and state support for soaring energy ...

The Cyprus Securities and Exchange Commission (CySEC) this week released its quarterly report for the fourth quarter of 2022, which highlights the current state of the collective investments sector in Cyprus. ...

The Research and Innovation Foundation (IDEK) on Thursday announced that it has entered into an agreement with the Italian innovation organisation META Group. The agreement seeks to facilitate the operation ...

State-owned Cyprus Asset Management Company (Kedipes) on Thursday reported that its board has decided that its state aid repayment for the first quarter of 2023 will be capped at €60 million. According ...

Turkish companies facing forex payments will be able to open lira accounts protecting against depreciation without needing to convert foreign exchange, and a central bank source said on Thursday there ...

Toyota Motor Corp (7203.T) said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide ...

Microsoft Corp (MSFT.O) on Tuesday launched a tool to help cybersecurity professionals identify breaches, threat signals and better analyze data, using OpenAI’s latest GPT-4 generative artificial intelligence model. ...

Manchester United MANU.N swung to a second-quarter net profit on the back of higher commercial revenue and lower wages, the club said on Thursday. Net profit came in at 6.3 ...

Founder of Meaningful Synergies, Branka van der Linden, describes her company as a high-impact organisation that supports entrepreneurship in all its forms. Branka van der Linden, Founder of Meaningful Synergies, ...

Alphabet’s (GOOGL.O) Google Cloud has accused Microsoft (MSFT.O) of anti-competitive cloud computing practices and criticised imminent deals with European cloud vendors, saying these do not solve broader ...