Business

Officials revealed on Tuesday they plan to slash the Renewable Energy Sources (RES) charge, giving consumers some relief, although the change is not expected to impact electricity bills for several ...

A collaboration between Cyprus and Jordan on tourism was revealed on Monday night by the two countries’ ministers during a social event at London’s City Hall at the end ...

British businesses fear a gloomy Christmas ahead, as almost half of households plan to cut festive spending due to the soaring cost of living and sales are already falling sharply ...

Hermes Airports and the Ministry of Transport, Communications and Works have signed a commercial agreement for the airline incentive schemes covering the period 2022-2027. The schemes, which are available to ...

Reflect Festival, the largest technology and entrepreneurial event of its kind in Cyprus, wrapped up on Friday evening, October 21, welcoming approximately 5,000 attendees in the process, who flocked to Limassol’s ...

U.S. apparel retailer Gap Inc GPS.N has agreed to sell its Greater China businesses to Baozun Inc 9991.HK, the e-commerce service provider said on Tuesday, as headwinds persists ...

Sandbox is losing some steam as investors as metaverse competitor Meta is posting huge losses. At the same time, Flasko is attracting interest with its investment platform for vintage whiskey ...

Measures to support the euro-zone economies against soaring energy prices could complicate 2023 budget plans if they need to be extended into the spring, the region’s finance ministers said on ...

Copy trading is a way to make money online with little risk by investing in the transactions and trades of someone else. Essentially, you are paying someone else’s transaction ...

Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after ...

Household cash is near record levels in the United States, and consumers are using it to pack restaurants and airplanes and buy new cars. Jobs are there for the taking. ...

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with ...

Fenway Sports Group (FSG) would consider new shareholders for Liverpool having frequently received expressions of interest from third parties, the English Premier League club’s American-based owners said on Monday. ...

A significant boost to the availability of student accommodation in Nicosia’s old town is underway, with 25 applications having been submitted for the creation of 315 rooms. Notably, all the applications – ...

Apple expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end ...

The belief that Cyprus will be able to face the new risks and challenges in the aftermath of the war in Ukraine was expressed by Minister of Finance Constantinos Petridis, ...

Ryanair RYA.I on Monday posted its largest ever after-tax profit for its key summer season and said it expected very strong passenger and fare growth for years to come ...

If there is an act of defraud, the Court will issue an order for the payment of the due installments as monetary penalty Failure of the judgment debtor to pay ...

By Yiannis Misirlis* During a recent discussion between a young property developer and a real estate agent, the new real estate market conditions came into focus. It was early in ...

Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. “To address (Turkey’s) challenges, the mission ...

Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled ...

A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a central bank digital dollar to speed up settlement time in ...

Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement ...

US cryptocurrency exchange Coinbase Global Inc (COIN.O) on Thursday reported a third-quarter loss as high inflation, rising interest rates and geopolitical tensions weakened demand for risky assets, sapping trading ...