Business

The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion ...

President Nikos Christodoulides on Thursday discussed ways to exploit the hydrocarbons found within the EEZ with international energy experts, saying that local energy needs are a priority. During his meeting ...

International paytech company payabl. has been ranked as one of the top 50 fastest-growing technology companies in the Middle East and Cyprus, according to the Deloitte Technology Fast 50 programme. This year, ...

A former product manager at non-fungible token (NFT) marketplace OpenSea was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on ...

European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently ...

Adidas (ADSGn.DE) is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with ...

We delve into the factors contributing to Collateral Network (COLT)’s presale success and compare it with the performance of (EOS) and Quant (QNT), providing you with valuable insights into ...

Oil prices rose on Thursday but were unable to claw back the more than 9 per cent decline during the previous three days as demand concerns in major consumers overrode signals ...

Junior Achievement Cyprus (JA Cyprus) recently hosted the 10th annual Award Ceremony for its “Student Business 2023” programme with resounding success. This milestone event commemorated a decade of the organisation’s ...

Despite the global uncertainty, the Cypriot economy is continuing a positive course in 2023, Finance Minister Makis Keravnos said. Speaking at the forum of the Cyprus association of financial analysts (CFA) ...

The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase with what may be the last in a historic series of interest rate hikes and ...

The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...

Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...

Median pay for top US CEOs rose 7.7 per cent last year to a record $22.3 million, a new study found, as big stock awards helped the group stay ahead of inflation ...

Turkish annual inflation slowed to 43.68 per cent in April, official data showed on Wednesday, easing ahead of elections that polls show President Tayyip Erdogan risks losing largely due to a ...

The Netherlands, late 1944. After the liberation from the Nazis, there were still unexpected problems to solve. Trains and river transport were blocked by rivers that had frozen over so people ...

Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected sharp slowdown in overall growth this year, ...

TMS Network (TMSN) is blazing a trail in the crypto sphere, securing a staggering $4 million investment and leaving once-prominent players like EOS (EOS) and Tron (TRX) struggling to keep up. ...

AstroBank on Wednesday released its annual results for 2022, reporting strong profitability for the year, with net income reaching €12.2 million, and consequently increasing common shareholders’ equity to €203.7 million. According to ...

Turkey has agreed with Russia’s Gazprom (GAZP.MM) on deferring payment for part of the natural gas it imported after a surge in prices last year, Energy Minister Fatih ...

German airline group Deutsche Lufthansa (LHAG.DE) said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets. “...

A “salad crisis” affecting British supermarkets hit headlines earlier this year but shoppers across Europe and the Middle East seeking some basic groceries – from pasta to beer to toothpaste – are ...

National investment promotion agency Invest Cyprus on Wednesday released a statement summarising its activities at the Delphi Economic Forum, where a number of actions and initiatives helped to showcase investment ...

Twitter chief Elon Musk has “threatened” to reassign National Public Radio’s Twitter account to another company, the US-based broadcaster said on Tuesday. Musk suggested that he would reassign the ...