Business

Sanctions imposed on Russia and Russian citizens so far will not significantly impact the Cypriot economy as its banks have very satisfactory levels of capital and one of the best ...

British retail sales fell by a greater-than-expected 0.9 per cent in March from February, official figures showed on Friday, with bad weather and high inflation combining to keep consumers away from ...

IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet ...

Oil prices eased for the third straight day on Friday and looked set for a hefty weekly loss as softening US economic data and a rise in US gasoline inventories ...

The crypto market is still recovering from the price drops in 2022. While some coins have recorded price increases, others like Monero (XMR) are still struggling to retain their place in ...

The world of cryptocurrencies offers many investment opportunities, with innovative projects continuously emerging across various sectors. The investment opportunities presented by Aave (AAVE) and Chainlink (LINK) are enticing, but TMS ...

Cyprus’ Composite Leading Economic Index (CPI) saw an annual increase of 1.4 per cent in March 2023, according to the Economics Research Centre (CypERC) of the University of Cyprus. This positive growth ...

British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and ...

Eurostat, the statistical service of the EU, this week released a report showing that hourly wages and salaries in the whole economy rose in 2022, with the average hourly wage in ...

Cablenet is the leading brand in overall Customer Satisfaction (CSAT) and the brand with the highest Net Promoter Score (NPS) in the Cyprus telecom market. Every brand wants to know ...

Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators started inspecting a Gucci facility in Milan as part of an investigation spanning several ...

The Cyprus tourism exhibition is aiming to become an important regional exhibition for both Europe and neighbouring countries, with the exhibition undergoing a revamp in order to achieve this. According ...

A digital euro will offer choice in making payments and is not a “Big Brother” project that seeks to control people, the European Union’s financial services commissioner Mairead McGuinness ...

Harmonised inflation in Cyprus rose by 6.1 per cent in March 2023 compared to the same period last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

The European Parliament on Thursday overwhelmingly backed the European Union’s first set of rules to regulate cryptoasset markets. Parliament voted by 517 in favour and 38 against to approve the world’...

Banks have yet to react to an appeal from Finance Minister Makis Keravnos not to raise their interest rates on performing loans, forcing the minister to publicise his communications with ...

Tottenham Hotspur are not in negotiations with any bidders over a potential takeover of the Premier League club, chairman Daniel Levy has said. Iranian-American billionaire Jahm Najafi, chair of MSP ...

More than 4,000 accounts held by Russians in Cypriot banks could be closed over the next two months following the imposition of sanctions on a number of individuals in Cyprus, by ...

President of the Cyprus Bar Association Christos Clerides on Thursday said that the closing of bank accounts was strictly governed by the individual contract that a person has with a ...

National investment promotion agency Invest Cyprus on Thursday announced that it has officially joined the World Association of PPP Units & Professionals (WAPPP). WAPPP is a non-profit global association based ...

Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the US last month, creating a risk their business will become concentrated ...

At Toyota Motor Corp’s (7203.T) sprawling factory here, just 16 miles (26 km) from the Alamo, a new gasoline-fueled Tundra pickup truck or hybrid Sequoia SUV rolls off the assembly line ...

Sparklo, Litecoin (LTC), and Stellar Lumen (XLM) have gained significant traction in crypto. While Stellar Lumen (XLM) and Litecoin (LTC) have been in the coin market for a while, Sparklo ...

US real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already hit by higher interest rates. ...