Business

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 66 cents, ...

Lebanese authorities charged longtime central bank governor Riad Salameh, his brother Raja and one of his assistants on Thursday with money laundering, embezzlement and illicit enrichment after months of delay ...

The German economy contracted more strongly than expected in the final three months of 2022, as inflation and the energy crisis took their toll on household consumption and capital investment. The ...

Decentralized Finance (DeFi) is about creating secure, fast, and uncensored financial services like crypto lending, staking, yield farming, etc. The world of decentralized finance is making waves and a host ...

Property investment in Larnaca is booming and it is not surprising that investors are highly interested in the city given the variety of properties available for investment and large-scale development ...

Cyprus has been ranked as one of the most social media-obsessed countries in Europe, according to a recently published study by gaming site AskGamblers. According to the site, the study ...

NFTX (NFTX), Aave (AAVE), and Orbeon Protocol (ORBN) are three crypto projects that are committed to decorating investors’ portfolios with mouthwatering ROI. Orbeon Protocol (ORBN) is taking the lead, recording ...

The European Investment Bank (EIB) this week announced that new financing agreements signed in Cyprus for the year 2022 amounted to €250 million, with all of them relating to green projects. In 2022, ...

Cyprus’ tourism revenue for the period between January and December 2022 is estimated to have amounted to €2.43 billion, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

Sam Bankman-Fried and his co-conspirators made more than 300 illegal political donations in the United States, according to a new indictment against the FTX cryptocurrency exchange founder unsealed on Thursday in ...

Climate and human rights activists sued two of France’s biggest corporations over fossil fuel financing and alleged human rights abuses on Thursday, as campaigners increasingly turn to lawsuits to ...

Ukraine’s central bank unveiled a commemorative banknote on Thursday to mark the first anniversary of Russia’s invasion, with one side depicting three soldiers raising the national flag. The ...

Britain’s opposition Labour leader Keir Starmer set out plans for five “national missions” on Thursday, including making the economy the fastest growing among the G7, in a challenge to ...

Cryptocurrency has revolutionized the way investors earn money, and Orbeon Protocol (ORBN) is leading the change with its innovative features that outclass established projects like Cardano (ADA) and Tezos (XTZ). ...

Banks’ shares have stumbled as they forecast pressure on margins Central bank policy rate has risen to 4 per cent, after decade near zero Deposit rates have not risen as fast ...

Russia’s economy proved unexpectedly resilient in the face of tough Western sanctions last year, but a return to pre-conflict levels of prosperity may be far off as more government ...

Oil prices edged up on Thursday, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and demand. Investors ...

Exxon Mobil Corp (XOM.N) on Wednesday warned in a securities filing of potential risks to its Kazakhstan oil operations, which provided $2.5 billion in earnings last year. Threats to Kazakhstan ...

The long-awaited Dogetti (DETI) protocol is already in its presale phase as the developers have launched an interface to provide users with information on how to get their DETI tokens ...

Various indicators only serve to confirm previous forecasts expecting the Cypriot economy to experience a slower growth rate throughout 2023, while managing to avoid a recession, according to a report released ...

Emilios Tannousis, chairman of the Cyprus Investment Funds Association’s training and HR committee, as well as manager of wealth management at the Bank of Cyprus, this week released a ...

President-elect Nicos Christodoulides this week said that he is ready to work closely with the Employers and Industrialists Federation (OEV) in order to mutually tackle the challenges facing the Cypriot ...

Switzerland sent 58.3 tonnes of gold worth 3.3 billion Swiss francs ($3.6 billion) to Turkey in January, by far the most for any month in records stretching back to 2012, Swiss customs data showed ...

Saudi Arabia will make a $1 billion deposit in Yemen’s Aden-based central bank on Tuesday, Saudi Arabia’s state news agency SPA said, as the government there struggles with a ...