Business

NatWest (NWG.L) has struck a deal to acquire most of the banking business of UK retailer Sainsbury’s (SBRY.L), the companies said on Thursday, in a deal that ...

A lower than expected Israeli inflation reading will still not allow the central bank to resume its rate cutting cycle anytime soon with policy makers constrained by Israel’s war ...

Brent oil futures were steady on Thursday, hovering just below seven-week highs as escalating conflict in the Middle East raised supply disruption fears while the market awaits US inventory data ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Thursday set a forward-looking tone at the 3rd CITEA Digital Cyprus Conference, focusing on the potential and strategic importance ...

As traders, we all value our financial independence and security, but in an age where data breaches and identity theft are rampant, keeping our transactions under wraps has become more ...

Ensuring macroeconomic stability and the rational management of resources and public financial obligations is a fundamental objective of the government, said President Nikos Christodoulides on Wednesday evening. Speaking at the 63...

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25 per cent at its last meeting before July 4’s UK election, but the prospect of ...

A study conducted by the Cyprus Employers and Industrialists Federation (Oev) has highlighted the importance of digital transformation for businesses, emerging as a key factor for their long-term success, growth ...

A recent report published by McKinsey & Company has highlighted the increasing inventory control challenges facing supply chain managers. The report found that most companies are planning significant changes to ...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre London, took part in the London Tech Week exhibition by hosting an informative booth. Held June 10 ...

The Research and Innovation Foundation (RIF) this week announced the launch of a new programme titled “Enterprises Capacity Building in New Product Development.” According to the announcement, this initiative aims ...

International credit rating agency Standard & Poor’s (S&P) this week upgraded the long-term credit rating of the Bank of Cyprus to BB+ with a positive outlook. This ...

British inflation returned to its 2 per cent target for the first time in nearly three years in May, but strong underlying price pressures all but rule out a pre-election interest ...

Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make ...

Sweden’s financial supervisory authority has fined Nasdaq Stockholm (NDAQ.O) 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said ...

Britain’s financial watchdog will wait until after next month’s national election to publish its review into how banks conduct mandatory extra checks on “politically exposed” customers and their ...

Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly rose. Brent crude futures ...

The government on Wednesday announced it had extended the electricity subsidy until the end of October, meaning it will have been in place for exactly a year upon its currently ...

The Cyprus Stock Exchange (CSE) on Wednesday announced the approval of the listing of 21,500 Treasury Bills with a 13-week maturity, 4th issue, Series 2024 (21/06/2024 – 20/09/2024), each with a nominal value of €1,000, totalling €21,500,000. ...

The Republic of Cyprus has drawn offers totalling €9.6 billion from international markets for its newly issued 7-year bond worth €1 billion, according to a report released on Wednesday by the Cyprus ...

Cyprus has seen a slight improvement in IMD’s world competitiveness rankings, moving from 45th to 43rd place among 67 evaluated countries, according to an announcement by the University of Cyprus’ ...

Consulting and advisory firm PwC Cyprus this week announced the admission of two new partners, Petros Metaxas and Alexandros Papadopoulos, with the decision coming into effect on July 1, 2024. The company ...

Are you a business person and struggling to create business videos that drive more traffic? If so, let’s say goodbye to all the poor and dull videos that bring ...

International credit rating agency Standard & Poor’s (S&P) this week upgraded the long-term credit rating of the Bank of Cyprus to BB+ with a positive outlook. This ...