Business

When it comes to new industries such as crypto, innovation is key. If investors are going to believe in an idea, it must demonstrate constant and rapid development. This is ...

US regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but some experts warn that the move has encouraged bad investor behaviour. Following ...

The biggest US banks are so tied up in regulatory red tape that they couldn’t cause a crisis if they tried. The 16th largest, though? That’s a different ...

Bitcoin (BTC) and Ethereum (ETH) have been the leading cryptocurrencies in the market for many years, with a market capitalization of over $1 trillion combined. However, these two digital assets have ...

The Ethereum ecosystem has experienced a lot of hype and development over the past few years, and now it looks like its future is bright as ever. With projects such ...

Last week I wrote the first of a two article series on information one should know before purchasing a property. It can be a tricky process and there are many ...

Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up in the collapse of Silicon Valley Bank (SIVB.O). ...

Cryptocurrencies can spread in different corners of the world, and you will find them being adopted by many people. Moreover, in 2022, cryptocurrencies were incredible, and you must have seen their ...

Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank signals world markets ...

SVB Financial Group Inc’s (SIVB.O) shutdown and takeover by banking regulators on Friday can be traced to the US Federal Reserve raising interest rates and souring the risk ...

The US Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into ...

The framework cooperation programme (FCP) signed between Cyprus and Saudi Arabia to promote economic ties and investments is proof of the strong relationship between the two countries, president of Invest ...

British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid or minimise damage” resulting from ...

By Hadeel Al Sayegh and Maha El Dahan Saudi Arabian oil giant Aramco 2222.SE on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, ...

Tesla (TSLA.O) will eliminate the use of rare earths in its next-generation electric vehicles (EV). The big reveal at the company’s investor day last week caused a sell-off ...

Bitcoin, the first decentralized digital currency, has been around for over a decade. However, the question remains, is Bitcoin still in its infancy? The problem led the group to understand ...

Jinichi Abe grins as he watches diggers working earth near his rice fields, knowing they are returning still more fields to productivity after Fukushima nuclear reactors exploded and sprayed the ...

Fish farming can make food supplies more stable while itself becoming more sustainable, according to researchers in Hungary and Norway. By Pieter Devuyst Attention seafood lovers! Gabor Hetyey strongly recommends ...

Bitcoin is the core of Cryptocurrency and is known for its market cap, while it has been through several cycles of hype, adoption, and rejection. The most recent of these ...

Nissan on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of petrol-powered ...

Startup-focused lender SVB Financial Group SIVB.O became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of ...

International rating agency Fitch, has upgraded Cyprus’ long-term credit rating by one notch to ‘BBB’ with a stable outlook citing, outperformance of fiscal balance and growth rate as the economy ...

Russians were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data from the department of lands and surveys, ...

Germany is shaping up to be an important source of tourism for Cyprus, with more than 200,000 visitors expected in 2023, according to recently-appointed Deputy Minister of Tourism Costas Koumis. Koumis visited ...