Business

Shipping and logistics group A.P. Moller-Maersk (MAERSKb.CO) has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking ...

New and exciting technologies based on the blockchain are quickly changing the way traditional industries operate, and three of the top players in this revolution are Polygon (MATIC), Optimism (OP), ...

Slow German government export approvals are holding up Airbus Defence & Space (AIR.PA) defence exports worth several billions of euros, the company’s chief executive said on Sunday, urging ...

Birkin bagmaker Hermes (HRMS.PA) said that wealthy Chinese clients snapped up its products in the fourth quarter even as the rest of the luxury sector took a hit from ...

As a new president takes up the post, I submit some suggestions that would improve the real estate and construction industry. The adoption of deputy ministers by the previous government ...

British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying more on discounts at retailers to make ends meet. ...

Britain’s biggest retailer Tesco Plc (TSCO.L) is planning to review its presence in the UK banking sector in a move that could lead to a sale of its ...

Former pro US basketball star Paul Pierce has agreed to pay more than $1.4 million to settle charges he illegally promoted digital assets, Wall Street’s top regulator said Friday. The ...

Amazon.com Inc (AMZN.O) would require employees to be in office at least three days a week from May 1, the e-commerce giant said on Friday. The COVID-19 pandemic had ...

Meta Platforms META.O on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and ...

Cyprus has the resources and potential to generate most of its electricity from RES Cyprus has a new president. A new era is starting and that includes energy. Many serious ...

Shiba Inu (SHIB), TRON (TRX) and Orbeon Protocol (ORBN) are three cryptocurrencies that are poised to make waves in the DeFi landscape. While Shiba Inu (SHIB) and TRON (TRX) are ...

Cypriot bonds held by the Eurosystem in the context of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) exceeded €7 billion in January 2023. On the basis ...

The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8 per cent compared with the previous quarter), while estimates for Cyprus show a decrease (-13.4 ...

The Ministry of Energy, Commerce and Industry this week issued a call for proposals under its digital upgrade scheme for businesses. The scheme is included in the Cyprus Recovery and ...

The EU will soon be able to see more clearly the wider outcomes of its clean-energy drive. A new tool will help predict numerous features of a low-carbon society. It ...

Tesla (TSLA.O) plans to slow production at its Shanghai plant in the last week of February to prepare for building a revamped version of its Model 3 sedan, according to ...

Japan will start a pilot programme in April to test the use of a digital yen, its central bank said on Friday, joining a growing number of countries seeking to ...

A European Union initiative to secure critical raw materials and bolster supply chains could prove pivotal in rejuvenating Cyprus’ mining sector, according to Cypriot mining company Venus Minerals. “The Critical ...

The Paphos regional tourism board (Etap) announced that a delegation travelled to Israel this week in order to promote the district as a travel destination, particularly in the context of ...

By Maria Demertzis When Russia first invaded Ukraine almost a year ago, many countries condemned the aggression and applied sanctions in an attempt to squash its economy and isolate it ...

About $2.5 billion flowed out from Binance’s stablecoin this week, Binance’s CEO said on Twitter, after US regulators turned their sights on the cryptocurrency. Most of the money has ...

Global airports expect smoother travel this summer as staffing improves, but surging passenger demand during peak periods in Europe and North America could still bring long lines, baggage piles and ...

In the third quarter of 2022, 3.5 million people in the EU aged 25 to 54 left their jobs, data released on Friday showed. More than two-thirds (68.9 per cent) left their job for labour ...