Business

The trade deficit in the first five months of 2021 recorded an annual increase of 10.2 per cent, according to data released on Monday from the Statistical Service of Cyprus. Total imports ...

Germany-based tourism group TUI recorded an adjusted operating profit (EBIT) of minus €699 million euros (846 million US dollars) in the first quarter of its fiscal year ending December 2020, the company announced ...

Abu Dhabi conglomerate International Holding Co (IHC.AD) is considering acquisitions worth a few billion dollars in total across several sectors, including a real estate developer in Abu Dhabi, its ...

Travel receipts in the first six months of the year increased by 51 per cent from the same period in the previous year, the Bank of Greece said in a statement ...

The global supply chain is grinding to a halt, under the pressure of soaring consumer demand for goods and insufficient technology at ports and for shipping. – this offers an opportunity ...

Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the ...

Six investors have been shortlisted as candidates for the acquisition of a €477m package of performing loans belonging to state-owned asset manager Kedipes. According to the Cyprus News Agency, 13 investors ...

The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, ...

General Motors Co (GM.N) has expanded the recall of its Chevrolet Bolt electric vehicles due to a risk of fire from the pouch-type lithium-ion battery cells made by South ...

Four out of five German companies are struggling with a shortage of raw materials, the Association of German Chambers of Industry and Commerce (DIHK) announced on Thursday. Global supply chains ...

Bitcoin’s price surged past $50,000 on Monday for the first time since May, but the rebound from a months-long slump later ran out of steam. The world’s largest cryptocurrency ...

There is real danger that Europe will see shortages of natural gas this winter, combined with sharp increases in price for the commodity. “Going into the current winter with less ...

KEDIPES is expected to move forward in its transformation into an asset management company (a ‘bad bank’), StockWatch reported on Monday. The company, which was set up to manage non-performing ...

The law requires stamping of the contract of sale and not its deposition at the Land Registry for the examination of the application by an alien The acquisition of immovable ...

Britain’s post-lockdown economic rebound slowed sharply in August as companies struggled with unprecedented shortages of staff and materials, though strong inflation pressures cooled a bit, a survey showed on ...

Cryptocurrency has proved to be an effective way to earn money. Traders enter the market and start managing their assets to reach real benefits. The trading world is full of ...

There are so many developments in the works on the island that in a few years there will be numerous options to keep those living here happy and busy. Here ...

“Gas cannot be used as a weapon,” German Chancellor Angela Merkel said on Sunday after meeting Volodymyr Zelensky, Ukrainian president, in Kyiv. “We are for new sanctions if Russia uses ...

PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out, ...

Tired of your terrible boss? Wouldn’t you prefer being managed by a computer? Imagine having an unbiased machine for a boss that rewards your performance based on objective data? ...

A third dose of Pfizer (PFE.N)‘s Covid-19 vaccine has significantly improved protection from infection and serious illness among people aged 60 and older in Israel compared with those who ...

Amid economic disruptions from Covid-19, global trade on the whole held up relatively well in 2020 and moved on to greater strength in 2021, according to a report by United Nations Conference ...

Bitcoin rose 5.01 per cent to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. The price of bitcoin on Sunday is $49,239.20 or €42,095.58. There is an analyst consensus that a move ...

At a dam 2,500 metres (8,200 ft) high in the Alps, construction has begun on Switzerland’s largest alpine solar plant aimed at helping the small country secure renewable energy throughout the ...