Business

The East Mediterranean Gas Forum (EMGF) this week announced that it has decided to approve the proposal of the Cypriot Presidency of the forum for the creation of a Scientific ...

The trading arm of Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery as the industry grapples with EU sanctions on shipping ...

A US bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose ...

Oil prices rebounded on Thursday amid optimism over China’s easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. ...

Teams built amazing solutions for improving life in Cyprus and the AdTech industry A few months ago I saw board ads in downtown Limassol advertising an open hackathon by AdTech ...

Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital deployment is slowing as a series ...

The Bank of England will add another 50 basis points to Bank Rate next week and take borrowing costs to 3.50 per cent, despite the economy falling into recession, as it battles ...

Britain’s labour market cooled noticeably last month, with demand for staff and pay growth easing, and staff shortages became less acute, a survey showed on Thursday. The monthly index ...

US crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take “weeks rather than ...

Egypt’s annual urban consumer inflation rate surged to a five-year high of 18.7 per cent in November, closely matching analyst expectations, data from the statistics agency CAPMAS showed on Thursday. ...

European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel when it has passed through other ...

Cyprus Chamber of Commerce and Industry (Keve) secretary general Marios Tsiakkis this week said that this year has been a critical one for Cypriot tourism, posing many challenges for all ...

Cypriot company Tototheo Maritime, a leading maritime technology integrator and provider, this week announced that its co-CEO Despina Panayiotou Theodosiou was included in Lloyd’s List of 100 People in Shipping, ...

Crypto investors are hard at work trying to predict which tokens will rise the fastest in 2023 and beyond. Orbeon Protocol, Solana, and Polkadot are all expected to see massive gains, ...

Microsoft (MSFT.O) has entered into a 10-year commitment to bring the gaming title “Call of Duty” to Nintendo (7974.T) platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, ...

Taiwan chipmaker TSMC (2330.TW) plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, estimating on Tuesday annual revenue of $10 billion from ...

Meta (META.O) cannot run advertising based on personal data and will need users’ consent to do so, according to a confidential EU privacy watchdog decision, a person familiar with ...

Global ratings agency Fitch this week announced that it has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B-‘ and Viability Rating (VR) to ‘b+’ ...

ZIKZAK Architects mark the successful completion of a project in Limassol undertaken on behalf of an international IT company. The architectural firm designed a new façade for the building ...

FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as US authorities probe the crypto exchange’s collapse, ...

Turkey’s MNG Airlines will list on the New York Stock Exchange through a merger with Golden Falcon Acquisition Corp (GFX.N), a special purpose acquisition company (SPAC), the Turkish ...

British house prices slid last month by the most since the global financial crisis as the slowdown in the housing market intensified, mortgage lender Halifax said on Wednesday. House prices ...

Mitchells & Butlers Plc (MAB.L) said on Wednesday recent sales in the new fiscal year were encouraging, but the British pub and restaurant group flagged challenges arising from surging ...

Disruptions in tanker traffic from Russia’s Black Sea ports to the Mediterranean are a result of a new Turkish insurance rule, not the price cap on Russian oil agreed ...