Business

The European Central Bank’s Single Supervisory Mechanism (SSM) on Monday announced its intention to focus on credit risk provisions and, more broadly, new lending procedures, due to the deterioration ...

Hellenic Bank CEO Oliver Gatzke returned to his duties today following a recent decision by the bank’s board of directors after an investigation into allegations of statements and actions ...

The vision of the startup and innovation ecosystem in Cyprus should be about changing the ‘DNA’ of the people living in Cyprus. People should start to think differently and find ...

The crypto market is attracting a new group of investors who hope to make massive gains by investing in unique projects. Orbeon Protocol (ORBN), Oryen Network (ORY), and Dogeliens (DOGET) ...

The dollar climbed on Monday after data on Friday showed US producer prices had risen more than expected last month, pointing to persistent inflationary pressures and a chance the Federal ...

Britain’s economy rebounded in October a little more strongly than expected from September when output was affected by a one-off public holiday to mark the funeral of Queen Elizabeth, ...

Rising rents and the lack of apartments available for rent are a given. Not only is the situation not being resolved but it looks to be getting worse. This both ...

Microsoft (MSFT.O) is to take a 4 per cent equity stake in London Stock Exchange Group (LSEG.L) as part of a 10-year commercial deal to migrate the exchange operator’...

TotalEnergies (TTEF.PA) on Monday said it was working towards exploiting its new Lebanon Block 9 offshore gas project from next year, adding that it would likely select the vendor for ...

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 ...