Business

Credit Suisse (CSGN.S) expects a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion) in its fourth quarter as it keeps bleeding cash, the Swiss bank said on Wednesday, ...

Short video platform TikTok said on Wednesday it was on high alert for content that violates its guidelines in Malaysia after authorities warned of a rise in ethnic tension on ...

Sony Group Corp (6758.T) said it plans to expand a programme to identify and incubate Chinese-made games, in a race with Microsoft Corp (MSFT.O) to tap China’s gaming ...

Cyprus and Germany both want to strengthen and broaden their consistently excellent relations, President Nicos Anastasiades said on Wednesday after meeting with German Chancellor Olaf Scholz. In post on social ...

Strikes by British postal workers in the run up to Christmas look set to go ahead after Royal Mail’s largest labour union rejected the latest pay offer from the ...

Deputies on Wednesday were discussing a mechanism aimed at protecting – and preventing – trapped buyers, after Finance Minister Constantinos Petrides submitted a bill to the House legal committee. The aim is ...

As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried’s FTX, a ...

The European Commission has approved a €7.75 million Cypriot scheme to support workers in the agriculture sector who have been affected by the ongoing war in Ukraine. According to a statement ...

Finance Minister Constantinos Petrides on Wednesday described the recent decision by the House of Parliament to suspend the foreclosure bill as “shooting ourselves in the foot”, noting that the only ...

Tesla (TSLA.O) chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making ...

FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such ...

Oil prices inched higher on Wednesday as data showing a larger-than-expected US crude drawdown last week outweighed concerns about lower fuel demand from China amid tightening COVID-19 curbs. Brent crude ...

England, who are gunning for their second World Cup title, have the most valuable squad in Qatar with Jude Bellingham topping a list of over 800 players, a study has found. ...

The US owners of Manchester United MANU.N have begun looking at options for the 20-time English soccer champions, including a new investment or a potential sale, 17 years after the ...

There are a number of different cryptocurrencies on the market today, and it can be difficult to decide which one to invest in. With many bearish performances across the market, ...

Saudi Arabia and Turkey are discussing Riyadh placing a $5 billion deposit at Turkey’s central bank, a Saudi Ministry of Finance spokesperson said on Tuesday. “We are in final discussion ...

Shares of Zoom Video Communications Inc (ZM.O) have tumbled about 90 per cent from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID ...

Ticketmaster and owner Live Nation Entertainment, the events ticketing giant behind the recently botched sale of Taylor Swift concert tickets, should be broken up by the Department of Justice if ...

Modernization has to be infused into everything, and as a result of the same, every industry is trying to go tonight. New technology is being implemented into everything; today, you ...

The vast majority of European business leaders have underlined the importance of air connectivity in terms of sustaining their competitiveness, according to a survey conducted by the International Air Transport ...

State-owned asset management company Kedipes chairman Lambros Papadopoulos on Tuesday said that frequent interventions in the foreclosure framework will negatively affect the company’s ability to generate cash inflows. The ...

The Cyprus Shipping Chamber (Kne) this week released a statement in which it welcomes the publication of a review of Cyprus’ economic policy by the Centre for Economic Research of ...

Today, the popularity of the cryptocurrency market is not unknown to anyone. Even if you are not using cryptocurrencies, you are well aware that bitcoin is leading the market, and ...

The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with Europe hit hardest, the OECD said, adding ...