Business

Grant Thornton Cyprus, one of the leading tax and specialist advisory services firms on the island, on Monday announced that it has struck a deal that will result in increased ...

Tesco, Britain’s biggest retailer, will raise hourly pay for about 220,000 store workers by 7 per cent from April, another increase that will likely catch the attention of the Bank of ...

Telecoms gear maker Ericsson (ERICb.ST) plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had ...

Lawmakers on Monday revisited the issue of reduced VAT on homes, with some trying to instill a sense of urgency on the matter as the European Commission continues breathing down ...

The Bank of Cyprus on Monday released its preliminary financial results for 2022, posting a profit after tax of €71 million for the entire year, marking a considerable increase over the €30 million ...

Oil prices rose on Monday amid optimism over China’s demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place. Brent ...

Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a month which normally sees a big seasonal increase, ...

Conflicts are a common occurrence in team environments. But why do they happen? And what can be done to resolve them? Let’s take a look at some of the ...

A management committee of a jointly owned building may sue and be sued, but does not act as a private prosecutor The powers of a management committee (MC) are limited ...

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 ...