Business

State-owned Cyprus asset management company Kedipes on Tuesday announced revisions in pricing for existing restructured loans. According to a written statement, this decision arose after cumulative increases in the interest ...

Crypto fans are often extremely loyal. While many of the best investment strategies include diversifying your investments and having plenty of eggs in different baskets, it’s unavoidable that certain ...

Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a tweet on Monday. The change will take effect in 30 days, ...

Turkey’s central bank said on Monday its monetary tightening process, which it began last month with a sharp post-election rate hike, is expected to continue until a significant improvement ...

The Cyprus general government recorded a fiscal surplus of €315.1 million, equivalent to 1.1 per cent of GDP, between January and May 2023, according to a report by the state’s statistical service. ...

Startups4Peace recently launched an initiative that seeks to unite the two communities in Cyprus and empower aspiring entrepreneurs to build and expand their businesses. With its mission to bridge ...

UBS (UBSG.S) has gone on a US recruiting drive for wealth managers catering to rich Americans even as it considers culling 30 per cent of its combined global workforce after ...

The government will soon roll out its ‘Mortgage to Rent’ scheme after getting the green light from the European Commission, a senior official briefed MPs on Monday. Giorgos Panteli, permanent ...

Saudi Arabia and Russia, the world’s biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown and possible further interest rate ...

Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous year, marking a 17.6 per cent increase, according to a report by the state’...

Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into recession prove accurate. ...

Golteum (GLTM) has taken the crypto market by storm with its highly successful private sale, positioning itself as a formidable contender to established cryptocurrencies like Dogecoin (DOGE) and Solana (SOL). ...

An Australian project management firm has filed a lawsuit against Twitter Inc in a US court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work ...

Many projects struggle to navigate the challenges of the current crypto market, and Cardano (ADA) and TRON (TRX) are having it worse. However, TMS Network (TMSN)‘s undeniable momentum has ...

The reform of local government must come through its essential modernisation Local self-governing authorities that are capable of responding to their mission in the modern era, with powers and responsibilities ...

Oil prices fell on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter ...

Reflect Festival, the flagship technology event of Cyprus, is set to take over Limassol seaside this September again, with its most impactful program yet. Reflect Festival, one of the fastest-growing ...

BlackRock’s recent announcement regarding the launch of iShares Bitcoin Trust ETF has sent shockwaves through the cryptocurrency market. As the world’s largest asset manager, BlackRock’s entry into ...

Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company’s new Chief Executive Linda ...

Something is changing in Larnaca, with many projects going on the public and the private sectors. There is the ongoing fixing up of the old city, extending from the coastline ...

A building block of modern society and a sizeable contributor to climate change, steel is prompting a hunt for cutting-edge technologies to decarbonise the sector. By Tom Cassauwers On an ...

A total of 130 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a ...

By Charles Ellinas The UN Sustainable Development Solutions Network (SDSN) has just published the 2023 edition of its annual ‘Sustainable Development Report’, and it does not make good reading for Cyprus. ...

Nike (NKE.N) is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker (FL.N) and ...