Business

Turkey’s lira weakened 0.8 per cent to a record low on Thursday, extending losses after a heavy selloff in the previous session that was seen as a sign of the ...

Elon Musk and Tesla are facing a huge challenge as they are accused of market manipulation and insider trading in a lawsuit filed by cryptocurrency investors who are seeking damages ...

Meta Platforms’ (META.O) Instagram, Alphabet’s (GOOGL.O) YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities ...

Crypto markets are recovering from the past year’s harrowing events, with many platforms pushing upgrades and improving their features. Some, however, are struggling to rise again. Let’s discuss ...

The Federal Reserve has raised interest rates about 10 times in a bid to control the rates of inflation. These higher rates have affected different investment options including stocks, commodities, and ...

Philipp Shayzhanov is responsible for his organisation’s strategy, operational management, and public relations efforts, all the while immersing himself in the technical minutiae of the Yoloco development process “We ...

The rise of digital currencies has prompted governments worldwide to establish regulations that ensure investor protection and encourage innovation. The European Parliament’s recent approval of the Markets in Crypto-Assets (...

Ariana Resources, the AIM-listed mineral exploration and development company with mining interests in both Cyprus and elsewhere in Europe, this week released its financial results for 2022, posting a pre-tax profit ...

Non-profit organisation Junior Achievement Cyprus recently announced the successful completion of its StartUp Programme for 2023, which sought to support Cypriot startups and promote innovation on the island. “In the final ...

Zara owner Inditex (ITX.MC) said on Wednesday sales of its spring-summer collection jumped by 16 per cent over the past month, maintaining its strong run despite higher wage costs and ...

British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost ...

Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in ...

Turkey’s lira plunged 7% to a record low on Wednesday in its biggest selloff since a historic 2021 crash, a move traders said is a “strong signal” that Ankara is moving ...

Reddit said on Tuesday it is laying off about 5 per cent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America. ...

MVPS.net marks its 5th anniversary by launching cloud computing services with NVMe drives. The NVMe drives are up to 16 times faster than normal SSD drives and the I/O ...

For the past two months, volatility within crypto has been at all-time lows. Historically, these lull periods have been followed by a dramatic rise to the upside or a dramatic ...

Cyprus’ unemployment rate rose to 6.8 per cent during the first quarter of 2023, despite the increase in the number of employed individuals, compared to 6.6 per cent in the same quarter of 2022, ...

Valentinos Polykarpou was appointed Chairman of the Board of Directors of TechIsland in March 2023, a position that involves giving strategic direction, overseeing initiatives, and fostering collaboration within the organisation and ...

Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia’s surprise weekend pledge ...

As TMS Network (TMSN) enters its highly anticipated 4th presale phase, its resounding success reverberates throughout the cryptocurrency market, overshadowing the likes of Mask Network (MASK) and Tron (TRX). TMS ...

Cypriot lender AstroBank on Wednesday announced that it is freezing the base interest rate for first-time homebuyers for all eligible borrowers. “AstroBank is moving forward with a programme to reward ...

British house prices dropped on an annual basis in May for the first time in 11 years, and pressure on prospective buyers from higher mortgage rates could deepen the downturn, mortgage ...

The world of blockchain technology continues to evolve, opening up new possibilities and avenues for innovation. In this rapidly changing landscape, two tokens have emerged, each with their unique value ...

Leptos Estates is thrilled to announce the release of Block 8, the newest addition to the Mandria Gardens development. Nestled along the stunning seafront of Mandria in Paphos, the newly-unveilled Block 8 ...