Business

The real estate sector in Paphos experienced a double-digit increase in sales during 2022, with the volume of transactions rising by 31 per cent year-on-year, according to PwC Cyprus’ latest edition of ...

A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing ...

The association of large investment projects (SMA) this week welcomed the decision by the cabinet of ministers to approve the creation of a marina in Paphos, a major project for ...

Nestle (NESN.S) reported weaker than expected full year net profit despite the world’s biggest food group passing on higher raw material costs by hiking prices for customers. The ...

Tesla Inc TSLA.O said it would recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system ...

TUS Airways on Thursday announced the launch of seven weekly direct flights between Larnaca and two large Slovak cities as of this summer. Flights will start to Bratislava and Kosice ...

Former customers of Sam Bankman-Fried’s FTX have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before ...

Greece and Bulgaria will consider reviving a pipeline project to transport crude oil from the Greek port of Alexandroupolis on the Aegean Sea to Bulgaria’s Black Sea port of ...

Activist investors are renewing their years-long efforts to break up some of Germany’s most venerable companies, seeing streamlining as a promising route to reviving share prices as Europe’s ...

With Orbeon Protocol (ORBN) doing so well during phase 7 of the presale, and Fantom (FTM) and Cosmos (ATOM) both recently partnering with large enterprises, now could be the perfect time ...

High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and Development (EBRD) said in ...

The founder of WallStreetBets, which has been credited with helping ignite investors’ frenzy into “meme” stocks, sued Reddit Inc on Wednesday, accusing it of wrongly banning him from moderating the ...

Trading pros have now suggested that investors consider switching from popular projects, such as PancakeSwap (CAKE) and Binance (BNB), to the up-and-coming Orbeon Protocol (ORBN) during the presale. This recommendation ...

Different financial instruments traded in the crypto market have their own time of reign, a period of booming where they reach for the moon. We have experienced the rise of ...

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1 per cent of the country’s gross domestic product this year, the European ...

The Famagusta branch of the hotels’ association Pasyxe on Wednesday expressed concern ahead of the upcoming summer tourist season, noting that labour shortages remain an ongoing issue, despite the positive ...

Partners in EY are expected to give approval for spinning off the company’s consulting arm and listing it on the stock market by the end of the year, a ...

The Association for the Protection of Borrowers (Syprodat) this week said that the new government should engage in dialogue with Cypriot banks in order to resolve the issue of non-performing ...

Barclays (BARC.L) reported a 14 per cent fall in full-year pretax profit on Wednesday as earnings were poleaxed by surging costs, a collapse in deal fees and multi-million dollar fines ...

Britain’s stocks and bonds are drawing strong buying interest, not quite a vote of confidence in the economy but a reassuring sign for policymakers that a deep investment freeze ...

The Bank of Cyprus on Wednesday announced that it recently received the Quality Recognition Award from global finance giant JP Morgan Chase Bank, in recognition of the bank’s excellence ...

A group-wide IT system failure at Lufthansa (LHAG.DE) stranded thousands of passengers on Wednesday, which the German airline blamed on underground engineering works at a railway station in Frankfurt ...

The confiscation of private Russian assets would undermine the Swiss constitution and the prevailing legal order, the Swiss government said on Wednesday, citing the findings of a working group set ...

Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first ...