Business

Britain and the eurozone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a narrow escape thanks to a resilient job ...

The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union to finance green and digital transitions, ...

If you’re planning to diversify your crypto / NFT portfolio in 2023, it’s worth knowing that many leading analysts are recommending three potential projects: Theta Network (THETA), which provides advanced ...

Facebook owner Meta Platforms (META.O) told employees on Friday that it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs it eliminated this week ...

Some members of the shared economy are seeing a resurgence in the side hustle as inflation bites. People are becoming more interested in driving for Uber Technologies (UBER.N) and ...

By Elvire Fabry The speeches of the US Trade Representative Katherine Tai are so cautious that it has taken nearly two years to understand the US trade policy of President ...

Sam Bankman-Fried earned a reputation as saviour of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded and led until ...

Britain’s pubs want the government’s help in keeping prices of a pint affordable this Christmas, as surging inflation is driving up costs for businesses and hampering consumers’ purchasing ...

A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viability of a sector already bruised by the bitcoin bubble bursting and ...

FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda – sources Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda – sources Spreadsheets indicated between $1 billion ...

Britain’s economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge for Chancellor Jeremy Hunt as ...

Finance Minister Constantinos Petrides on Friday slammed parliament’s decision to extend the foreclosures freeze, saying it ignored both the government’s and central bank’s warnings against this. Petrides ...

Cyprus’ economy is set for a “considerable slowdown” towards the end of the year due to global headwinds and persistent inflationary pressures, the EU said on Friday in its Autumn ...

Annual inflation in Ireland hit a 38-year high of 9.2% in October, up from 8.2% a month earlier after fresh electricity and gas price increases kicked in, Central Statistics Office data showed ...

October was the busiest cruise month of 2022 for DP World Limassol, as 29 cruise ships carrying over 46,000 people, berthed at the port and used its passenger terminal. Between January and October, ...

Paphos and Seville have been chosen by the EU as the 2023 European capitals of smart tourism, recognising the two cities’ outstanding achievements in smart, innovative, sustainable and inclusive tourism. The ...

Needless to say, technology has transformed businesses. Most businesses these days are now online. They have employees working remotely from different parts of the world. It helps both employers and ...

Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX. Larger rival Binance ...

Oberon Protocol (OBRN) is a new crypto project that wants to disrupt the venture capital and crowdfunding world. Silicon Valley has had a monopoly over investment opportunities in the next ...

Meta Platforms said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, in one of the year’s biggest layoffs as the Facebook parent battles soaring costs ...

Wealthy countries – like poorer ones – stand to reap huge economic, social and environmental gains by swiftly ramping up renewable energy and other climate action, the new U.N. climate chief ...

Greek workers went on a day-long strike on Wednesday, demanding higher wages to cope with surging inflation, as Europe’s soaring energy prices and living costs trigger industrial action and ...

Three former PwC Cyprus partners have branched off and formed their own firm which takes on Russia-linked clients, after Russia’s invasion of Ukraine up-ended the sector in Cyprus. The ...

Officials revealed on Tuesday they plan to slash the Renewable Energy Sources (RES) charge, giving consumers some relief, although the change is not expected to impact electricity bills for several ...