Business

Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors ...

The Appeals Court has voided a prior court ruling which had fined a former banker €100,000 for having made misleading statements concerning the cash flow of now-defunct Laiki (Popular) Bank. The ...

In the vibrant waters of the Eastern Mediterranean, the Cypriot shipping industry has long been a maritime powerhouse, both historically and in the modern era As we embark on a ...

Russia has overtaken the United Arab Emirates (UAE) to become India’s top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing ...

By Lanting Liu The 12-member delegation from the city of Nanjing led by the Deputy Mayor of the city, Mrs. Huo Huiping visited Limassol last week. The delegation, which included ...

Oil prices inched up on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an ...

Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 ...

Aivitam Ventures and Forbes Cyprus announced this week that they will be hosting The Future of Fintech Summit 2023, a global offline gathering set to take place on December 7-8. According ...

Erik Finman is an American investor who made headlines as the so-called youngest Bitcoin (BTC) millionaire in 2018. The announcement came off the back of an incredible 2017 bull run that saw ...

Maritime HR gives greater emphasis to specific elements such as talent acquisition and employee engagement in aiming to improve seafarer satisfaction John Ioannou, HR and Crew Management Consultant based in ...

TechIsland, Cyprus’s leading tech association, on Thursday released a statement announcing that Ugne Buraciene, Group Chief Executive Officer of payabl., has officially joined its board of directors, effective as ...

By Kyriacos Nicolaou In this exclusive interview, Timur Turlov, a visionary leader and CEO, delves into his triumphant journey in the world of finance. It all began in 2008 amidst the ...

Cyprus’ banking sector has seen its net interest income double in the first half of 2023, marking a 100 per cent increase compared to the same period last year. This surge is ...

Mie Kawamata dreamed of owning a home where she could tend a small garden and her 1-year-old daughter could play outside, yet still be close enough to commute to central ...

Car sales in Russia jumped by 148.6 per cent year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat said on Wednesday, with Chinese brands expanding their ...

Freedom Finance Europe announced this week that it will be hosting the Annual Financial Markets Forum (AFMF) in Cyprus for the second year in a row, with the event taking ...

The debate on how to best eliminate the industry’s carbon footprint is ongoing By Costas Stamatiou, Vassilis Psyrras, and Andreas Christofides Ten years since the entry into force of ...

The Vice President of the European Central Bank (ECB) Luis de Guindos on Wednesday praised the notable improvement in Cyprus’ economy and its recent upgrade by two credit rating agencies ...

A Russian court rejected Apple’s (AAPL.O) appeal against the alleged abuse of its dominant market position in terms of in-app payments, for which it was fined 1.2 billion roubles ($12.1 ...

Finance Minister Makis Keravnos delivered on Wednesday the state budget for 2024 with a promise of cost-of-living relief measures by the end of the month – and a look ahead to next ...

France is reluctant to delay post-Brexit tariffs that are set to hit electric vehicles traded between Britain and the European Union, French government sources said, in a move that could ...

The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the US Treasury market, ...

Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy’s fiscal position mean headwinds for the euro are getting stronger, raising the risk of a move back ...

In the crypto scene, the emergence of trailblazing innovations can result in a shift. Recently, two leading metaverse tokens, The Sandbox (SAND) and Decentraland (MANA), have experienced a downturn. Meanwhile, ...