Business

Turkish annual inflation climbed to a new 24-year high of 83.45% in September, below forecast according to official data on Monday, after the central bank surprised markets by cutting rates twice ...

British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax ...

As the presidential election approaches people are considering who to vote for and parties deciding which candidate to back. As the voting system is, voters usually choose based on political ...

A court may order that noise pollution be prohibited, except at the times and volume permitted by a licence from the competent authority The operation of an entertainment venue requires ...

Rising interest rates and a rapidly appreciating currency are exporting the US inflation problem and threaten to send the rest of the global economy into recession as other central banks ...

Russia has restricted access to music-streaming app SoundCloud citing “false information” about what Moscow calls a “special military operation” in Ukraine, Interfax news agency reported on Sunday, quoting communications watchdog ...

Calls to the Bank of England saying some British pension funds were struggling to meet margin calls began on Monday. By Wednesday they were getting more urgent and coordinated. Wild ...

OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets on Oct. 5, OPEC sources told Reuters on Sunday. The figure is ...

By Andreas Charalambous and Omiros Pissarides For a prolonged period the prices of conventional energy (coal, oil and natural gas) were contained at low levels, mainly reflecting the view that ...

Italy will be able to get through the winter with existing gas storage and flow levels unless there are “catastrophic events”, the country’s energy minister said on Sunday. “We ...

‘Petty politics’ has seen two ministers argue with the auditor general this week in a war of words that does not look like it is going anywhere The government is ...

By Charles Ellinas A report on the ‘Digital Quality of Life Index 2022’ ranks Cyprus 37th in the world by overall digital wellbeing, down two places since last year’s edition, ...

Cheapest rent in Nicosia is €300 for 30 square metre container-like room in Lakatamia By Nick Theodoulou Rents are up by 50 per cent in some areas – and not just in Limassol – with ...

Credit card transactions during the first eight months of 2022 in the occupied areas by Cypriot citizens residing in the south more than doubled, reaching €29.37 million compared to the corresponding period ...

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas ...

By Ioannis Tirkides Technology has always been a defining force of economic organisation and of the dynamics in labour markets. By definition, all economic growth comes from two sources, the ...

Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset ...

Greece and Bulgaria started commercial operation of a long-delayed gas pipeline on Saturday which will help decrease southeast Europe’s dependence on Russian gas and boost energy security. The 182-km ...

Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to ...

British Prime Minister Liz Truss said she recognised there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal ...

Recently it was reported that a Luna Classic trader (LUNC) was minted a millionaire. However, if the lucky duck didn’t take his profit, then much of it has been ...

Vibrant Limassol event plays host to business and technology stakeholders from Cyprus and abroad By Kyriacos Nicolaou Startup founders, entrepreneurs, media personalities, technology sector stakeholders and creatives all got together ...

Ariana Resources, the AIM-listed mineral exploration and development company with gold mining interests in Cyprus and elsewhere in Europe, on Friday announced its unaudited interim results for the six months ...

The Nicosia Chamber of Commerce and Industry (Evel) this week announced that it successfully held an event on branding and businesses and professionals can create value for enterprises, industries and ...