Business

A writ of summons is valid for 12 months unless it is renewed by a court order There is often a need to renew a writ of summons, which is valid ...

Investments through Portugal’s “golden visa”, which gives wealthy foreigners residence rights, jumped nearly 50 per cent last month, data showed on Sunday, as the government considers whether to scrap the ...

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious ...

Twitter Inc will relaunch a revamped version of its subscription service Twitter Blue on Monday at a higher price for Apple users, the company said in a tweet on Saturday. ...

Saudi Arabia’s economy grew by 8.8 per cent in the third quarter of 2022 compared to the same period a year earlier, mainly due to a sharp increase in oil-related activity, ...

Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5 per cent according to a regulation published in the ...

By Maryna Chernenko Women have become a considerable force in the financial world. According to BCG’s data, they are adding $5 trillion to the global wealth pool every year at ...

From oxen to horses to tractors to robots: the European farm industry is poised to undergo another innovative disruption – this time brought about by artificial intelligence. By SOFIA STRODT In ...

Sony Interactive Entertainment (SIE) content communications manager Tim Turi this week announced that the company will be bringing together two major studios, Bungie and Ubisoft, allowing them to create new ...

A Cypriot VR/MR software company offers disruptive new technologies that are set to change the way professional training is conducted. The Kinisis Ventures Fund I portfolio company Ascanio, announced ...

The Federal Trade Commission, which enforces antitrust law, is about to engage in a real-life courtroom fight over virtual reality. On Thursday, a high-profile trial kicks off in which the ...

Microsoft for Startups Cyprus recently announced that its mini acceleration programme has returned, with the second cohort set to run in the early part of 2023. The programme started in Cyprus ...

Chief Banking Officer at Hellenic Bank Phivos Stasopoulos on Friday addressed the tenth Banking Forum and Fintech Expo, touching on a number of issues, including the challenges facing the banking ...

Governor of the Central Bank of Cyprus Constantinos Herodotou this week told the Bloomberg Global Regulatory Forum 2022, which was held in London on December 6, that any recession is expected to ...

A year ago, crypto enthusiasts were describing DeFi as the future of money, with hundreds of new projects looking to solve real-world problems. Non-fungible tokens (NFTs) were also at an ...

By Maria Demertzis Issues of identity within Europe have long been discussed. A study conducted by the German Marshall Fund (GMF) quotes Eurobarometer results on two questions, posed to all ...

Japanese electronics and entertainment conglomerate Sony Group Corp (6758.T) said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively ...

Associated British Foods (ABF.L) said trading at its Primark fashion retail business had made an “encouraging” start to the 2022-23 year as it reiterated a forecast that group profit ...

The leaders of the nine Mediterranean countries in the EU agreed on Friday to push for a dynamic cap on gas prices rather than a fixed ceiling, Spanish Prime Minister ...

The island’s central bank governor Constantinos Herodotou on Friday stressed the need for a prudent provisioning policy for bad loans in the midst of negative macroeconomic developments. Herodotou made ...

An underwater pipeline to carry green hydrogen between Spain and France will cost about 2.5 billion euros ($2.6 billion), Spanish Prime Minister Pedro Sanchez said on Friday, adding he hoped the European ...

Oil prices ticked higher on Friday but both benchmarks were set for a weekly loss as worries over weak economic outlook in China, Europe and the United States weighed on ...

Following a public vote among 32 nominees, a young Cypriot entrepreneur emerged victorious at the prestigious Noonies international awards. Demetrios Zamboglou was named ‘Fintech Contributor of the Year’ for 2022 by online ...

Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock investment and maintain the City of London ...