Business

Four companies licensed by the Cyprus Securities and Exchange Commission (CySEC) banked with Silicon Valley Bank (SVB) and Signature Bank, the two US banks which recently collapsed, according to statements ...

Chancellor Jeremy Hunt announced on Wednesday a plan that he hopes will speed up Britain’s stagnating economy, including childcare and pension reforms to get more people into work and ...

Europe’s bank stocks came under pressure again on Wednesday, with Credit Suisse (CSGN.S) tumbling to a new low, as investors continued to worry about stresses within the sector ...

European Central Bank policymakers are leaning towards a half-percentage-point rate hike on Thursday, as the banking sector turmoil is dissipating, the eurozone economy is picking up strength and inflation is ...

KPMG’s US boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O), the Financial Times reported on ...

National flag carrier Cyprus Airways on Wednesday announced its winter flight schedule for 2023, during which it will be flying to 13 destinations with 51 weekly flights. According to the announced schedule, the ...

The cryptocurrency market is filled with hundreds of tokens, each claiming to offer unique benefits and advantages. However, when it comes to tokens with the most utility in the crypto ...

Cryptocurrencies have become a mainstay global financial system. 2023 has seen a new wave of crypto adoption, and innovative crypto projects like TMS Network (TMSN), Polkadot (DOT) and Avalanche (AVAX) are ...

The collapse of Silicon Valley Bank has reverberated around the world, sending shockwaves through the global economy, with numerous companies in the US, Europe and the Asia-Pacific region being directly ...

State-owned Cyprus Asset Management Company (Kedipes) on Tuesday an interest rate subsidy for restructured loans with the base rate of the European Central Bank, so that the interest rates do ...

Britain’s NatWest (NWG.L) has imposed new limits on the daily and monthly amount customers can send to cryptocurrency exchanges, seeking to protect consumers from “crypto-criminals”, the bank said ...

Extreme volatility is rattling US Treasury markets in the wake of Silicon Valley Bank’s (SIVB.O) collapse and investors fear a prolonged bout of gyrations before calm returns to ...

Top cryptocurrency bitcoin hit a nine-month high of $26,533 on Tuesday, in its fourth consecutive day of gains, as it appeared to benefit from chaos in global markets following last week’...

Apple sought to block Apella Games from registering name and logo in the EU Cyprus-based indie gaming company Apella Games has won a major battle against tech giant Apple Inc., ...

Turkey’s current account deficit widened to $9.85 billion in January, data from the central bank showed on Monday, the highest level in four decades of available data, driven by a ...

Boeing Co (BA.N) is expected to sell nearly 80 787 Dreamliner aeroplanes to two Saudi Arabian airlines, a source briefed on the matter said on Monday. An announcement of the plan ...

US regulators are likely to let emergency measures announced Sunday to shore up investor confidence in the banking sector sink in and increase scrutiny of the industry before intervening with ...

According to preliminary data from the Cyprus Statistical Service (Cystat), the trade deficit in Cyprus increased significantly in January 2023, as imports increased more than three times the increase in exports. ...

Experienced investors have noticed that presales with solid foundations are the way to long-term profits. Here, we will discuss one such project, Orbeon Protocol (ORBN), currently in stage 10 of its ...

Pfizer Inc (PFE.N) struck a $43 billion deal for Seagen Inc (SGEN.O) to add innovative targeted therapies to its portfolio of cancer treatments as it braces for a steep ...

From the famous Shiba Inu dog breed of Dogecoin (DOGE) to Elon Musk and /r/WallStreetBros, many people and groups are associated with crypto, the most powerful of which is ...

Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and ...

Ayia Napa mayor Christos Zannetou on Monday said that the signs and feedback garnered at the ITB Berlin tourism conference in Germany have been positive, with the feeling of optimism, ...

In 2009, an individual or group operating under the pseudonym Satoshi Nakamoto introduced a digital currency called Bitcoin, which uses in a decentralized manner. Since its inception, Bitcoin has grown in ...