Business

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is in New York where he will participate in The Economist New York – Eastern Mediterranean Business Summit, which takes ...

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank ...

Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper ...

Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude ...

An arbitral award procured in violation of the principles of natural justice is subject to annulment Arbitrators are subject to review by the court, and where an arbitrator has committed ...

It is permissible to fuel up from the north only “occasionally” for personal use, President Nikos Christodoulides stressed on Monday night, urging the public to seek out earlier statements by ...

Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses ...

US chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. “Excited to announce ...

By Maria Demertzis The increasing interest in geoeconomics reflects a shift from designing economic policy based only on economic principles and objectives, to economic statecraft policies that aim to promote ...

Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply shortages and quality concerns after prices of ...

Within the DeFi market, meme coins have established themselves as a reliable avenue for investors to make substantial profits. This is evident in the remarkable success of leading meme coins, ...

The InQubeta (QUBE) project continues to exceed projections with over $900,000 worth of tokens sold early on. Chainlink (LINK) has also enjoyed price increases recently thanks to the solutions it provides ...

Here are the top business stories in Cyprus from the week starting July 3: Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous ...

While the industry consumes lots of trees and produces plenty of waste, grass packaging and new construction materials point toward a more sustainable path. By Tom Cassauwers Switzerland is renowned ...

The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager ...

Apecoin launched in 2022 and was an instant success because of the token’s affiliation with the Bored Ape Yacht Club (BAYC). However, Apecoin’s overreliance on the NFT community may, ...

Diversification is critical to managing risk and maximizing potential returns in the cryptocurrency market. While established cryptocurrencies like Bitcoin and Ethereum have their place, exploring other digital assets can uncover ...

ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm ...

Energy Minister George Papanastasiou refrained from commenting on Saturday over concerns that EU funding for the EuroAsia Interconnector is at risk due to delays in meeting milestones. Speaking to the ...

Many coins have lost value recently due to the choppy nature of the crypto market. Therefore, investors have started looking for safer and less volatile assets. This has led many ...

In the ever-evolving world of cryptocurrencies, one project has managed to capture the attention of investors. DigiToads (TOADS), with its unique and engaging features, has achieved remarkable success in its ...

InQubeta’s (QUBE) presale success continues while Celsius, a cryptocurrency lender who filed for bankruptcy in 2022, has received the green light to liquidate its crypto holdings to pay off its ...

New corporate loans exceeding €1 million experienced a significant surge, totalling €599.1 million, in May 2023, driving the total amount of all new loans to €1.07 billion, compared to €473.9 million in the previous month. ...

President Nikos Christodoulides this week underscored the government’s commitment to the shipping industry and praised the multifaceted work of the Cyprus Shipping Chamber (CSC) during a formal meeting held ...