Business

Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced ...

As the world of cryptocurrency continues to expand, gold investors are increasingly shifting to digital assets like Bitcoin. With the recent buzz around meme coins and their potential for rapid ...

In the fast-paced realm of cryptocurrencies, Ripple (XRP) and Stellar (XLM) seem to lag, struggling to keep up with the competition. Conversely, Sparklo emerges as a potential game-changer, with the ...

The Cyprus Statistical Service (Cystat) announced on Friday that the price index of construction materials rose by 8.15 per cent in March, reaching 135.89 units. This is compared to the same period ...

Consulting and advisory firm Deloitte Cyprus recently published its findings on the social and economic impact of atherosclerosis in Cyprus, with the overall cost to the state estimated in the ...

Dubai Police this week announced a new diploma programme on financial investigations for digital assets, which was developed in partnership with the University of Nicosia’s Institute for the Future (...

Cyprus recorded a fiscal surplus of €570.2 million, a share of 2.1 per cent of GDP, for the year 2022, according to a report released on Friday by the Cyprus Statistical Service (Cystat). ...

The Cyprus Marine and Maritime Institute this week announced that it will be hosting a press conference on the “European Maritime Day (EMD) in Cyprus” with parallel events taking place ...

The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) through 2030 to develop advanced battery technologies, including solid-state batteries, the industry ministry said on ...

Sanctions imposed on Russia and Russian citizens so far will not significantly impact the Cypriot economy as its banks have very satisfactory levels of capital and one of the best ...

British retail sales fell by a greater-than-expected 0.9 per cent in March from February, official figures showed on Friday, with bad weather and high inflation combining to keep consumers away from ...

IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet ...

Oil prices eased for the third straight day on Friday and looked set for a hefty weekly loss as softening US economic data and a rise in US gasoline inventories ...

The crypto market is still recovering from the price drops in 2022. While some coins have recorded price increases, others like Monero (XMR) are still struggling to retain their place in ...

The world of cryptocurrencies offers many investment opportunities, with innovative projects continuously emerging across various sectors. The investment opportunities presented by Aave (AAVE) and Chainlink (LINK) are enticing, but TMS ...

Cyprus’ Composite Leading Economic Index (CPI) saw an annual increase of 1.4 per cent in March 2023, according to the Economics Research Centre (CypERC) of the University of Cyprus. This positive growth ...

British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and ...

Eurostat, the statistical service of the EU, this week released a report showing that hourly wages and salaries in the whole economy rose in 2022, with the average hourly wage in ...

Cablenet is the leading brand in overall Customer Satisfaction (CSAT) and the brand with the highest Net Promoter Score (NPS) in the Cyprus telecom market. Every brand wants to know ...

Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators started inspecting a Gucci facility in Milan as part of an investigation spanning several ...

The Cyprus tourism exhibition is aiming to become an important regional exhibition for both Europe and neighbouring countries, with the exhibition undergoing a revamp in order to achieve this. According ...

A digital euro will offer choice in making payments and is not a “Big Brother” project that seeks to control people, the European Union’s financial services commissioner Mairead McGuinness ...

Harmonised inflation in Cyprus rose by 6.1 per cent in March 2023 compared to the same period last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

The European Parliament on Thursday overwhelmingly backed the European Union’s first set of rules to regulate cryptoasset markets. Parliament voted by 517 in favour and 38 against to approve the world’...