Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to ...
The Cyprus Securities and Exchange Commission (CySEC) this week announced a decision to impose a massive fine of €400,000 on the Cyprus investment firm Goldenburg Group Ltd.
The commission explained that ...
The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Union and calmer financial markets had improved the ...
Morgan Stanley cut Israel’s sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought by Prime Minister ...
Cryptocurrency has redefined investments in the global economy. The modern financial network has been influenced by crypto’s rise by revolutionizing concepts like the Blockchain technology and NFTs.
Golden Cask ...
Ariana Resources plc, a mineral exploration and development company listed on AIM, a market for small and medium-size growth companies on the London Stock Exchange, has announced a significant update ...
‘Relentless pursuit for success can lead to a sense of emptiness’
The ceaseless pursuit of success does not come without drawbacks, potentially resulting in business professionals, among other people, feeling ...
In an effort to strengthen their existing cooperation and explore opportunities in the realm of technology and cybersecurity, the Digital Security Authority and the Cyprus Chamber of Commerce (Keve) recently ...
The Republic of Cyprus’ government bond yields have recently shown signs of stabilisation, with the average weighted yield of July bonds reaching 3.64 per cent, compared to 3.61 per cent in the ...
Nestle (NESN.S) and Danone (DANO.PA) are among firms whose product prices in France have risen by more than 10 per cent this year, data shows, potentially putting them under ...
XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums.
The price of XRP popped 78 per cent after a ...
Broadcast Music Inc (BMI), the music rights company representing top songwriters such as Lady Gaga, Taylor Swift and Rihanna, is once again exploring options including a sale after it moved ...
The U.S. Department of Education is investigating whether Harvard racially discriminates by favoring applicants with ties to donors and alumni in its admissions process, according to a letter from ...
Bank employees union Etyk on Tuesday said that after an arbitration process through the ministry of labour it has ensured that Bank of Cyprus staff are reimbursed the full travel ...
Cyprus’ Gross Domestic Product (GDP) growth rate and inflation rate are expected to reach 3 per cent, respectively, for 2023, consistent with the predictions made in May, according to a report released ...
After a successful annual general meeting held on July 17, 2023, the CFA Society Cyprus has introduced its newly elected board of directors for the term 2023-2024, led by the newly appointed ...
Seven Property Group, a renowned leader in the property-management industry of Cyprus, with 3,000+ properties under management, has announced its strategic partnership with software solutions provider and TechIsland member ArgoSmart. This ...
Britain is sticking to its plan to ban the sale of new petrol and diesel cars from 2030 but some measures to reduce the carbon footprint of residential homes will be ...
The Turkish Central Bank said on Tuesday it had set the monthly growth limit for lira commercial loans at 2.5 per cent, down from a previous 3 per cent, excluding export, investment ...
Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.
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If you are looking to enter the crypto world to increase and solidify your portfolio, you must not miss out on Tradecurve (TCRV), which is currently in its presale. Meanwhile, ...
Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the ...
Real estate agent council determined to safeguard profession from illicit practices
In what was described as an “unbelievable incident” exposing the audacity of illegal property brokers, a woman, posing as ...
Eurozone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 ...