Business

Cryptocurrency lender Genesis said on Monday it has no immediate plans to file for bankruptcy, days after the collapse of crypto exchange FTX forced it to suspend customer redemptions. “We ...

The Cyprus Consumers’ Association on Monday released a statement on the upcoming Black Friday sale, calling on consumers to conduct thorough market research ahead of any purchases of potentially discounted ...

If you wish to know about the popularity of cryptocurrencies, you should see if they can be used everywhere in the world. But, whenever it is associated with diversity in ...

Limassol port management company DP World Limassol on Monday said that as part of its active support towards the month-long Movember Cyprus campaign a number of its male employees have ...

Cyprus’ trade deficit stood at €5.12 billion at the end of the period between January and August 2022, compared to €3.63 billion in the corresponding period of 2021, according to a report published on ...

The world’s largest investment banks expect global economic growth to slow further in 2023 following a year roiled by a war and soaring inflation that triggered one of the fastest ...

Book-publishing powerhouse Simon & Schuster’s owner will let its $2.2 billion sale to Penguin Random House collapse on Monday, opening the door for a new suitor to try to clinch ...

Twitter Inc’s head of French operations, Damien Viel, said he was quitting the social media platform, whose new owner Elon Musk recently fired top executives and enforced steep job ...

Britain will not pursue any trading relationship with the European Union that relies on the country aligning with the bloc’s laws, Prime Minister Rishi Sunak said on Monday after ...

Low-cost airline Ryanair announced on Monday five new routes departing from Paphos airport starting next summer, as well as an increase in the airport-based fleet from two to four aircrafts. ...

Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the US state of Arizona but the plans are not completely finalised yet, ...

Cyprus-based airline TUS Airways on Monday said that it completed the first direct flight between Israel and Qatar, a historic milestone in the relationship between the two countries. “This is ...

Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and US ...

The popularity of the cryptocurrency market is a clear sign that digital tokens will drive the future of finance. The most crucial digital token you will find in the market ...

German house prices will fall 3.5 per cent next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright crash are low, ...

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited. The European Union will ban ...

Now the whole FTX versus Binance debacle is drawing to a close, FTX Token (FTT) is down over 90% this month, currently being traded at $1.81, all the way from its all-time ...

By Antonis Loizou FRICS The rental situation with the constant increases for residential units, has been a concern for some time now, to the extent that it affects the local ...

The civil jurisdiction of the District Courts is determined by article 22 of the Courts of Justice Law, 14/1960, following the general and specific instructions issued by the Supreme Court. The President ...

Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its top ten creditors, it ...

The purchase and maintenance of floating liquefied natural gas (LNG) terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) ...

Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co (JPM.N), are increasingly becoming acquisition targets for traditional US banks as rising interest ...

Brazilian crypto advocates are urging lawmakers to give final approval on a bill aimed at boosting oversight of the sector, after the collapse of FTX – once an industry darling – raised ...

Alphabet Inc’s (GOOGL.O) Google this week introduced rules for inviting guest speakers to its offices, days after it canceled a talk by an Indian historian who has disparaged ...