Business

The Federal Trade Commission, which enforces antitrust law, is about to engage in a real-life courtroom fight over virtual reality. On Thursday, a high-profile trial kicks off in which the ...

Microsoft for Startups Cyprus recently announced that its mini acceleration programme has returned, with the second cohort set to run in the early part of 2023. The programme started in Cyprus ...

Chief Banking Officer at Hellenic Bank Phivos Stasopoulos on Friday addressed the tenth Banking Forum and Fintech Expo, touching on a number of issues, including the challenges facing the banking ...

Governor of the Central Bank of Cyprus Constantinos Herodotou this week told the Bloomberg Global Regulatory Forum 2022, which was held in London on December 6, that any recession is expected to ...

A year ago, crypto enthusiasts were describing DeFi as the future of money, with hundreds of new projects looking to solve real-world problems. Non-fungible tokens (NFTs) were also at an ...

By Maria Demertzis Issues of identity within Europe have long been discussed. A study conducted by the German Marshall Fund (GMF) quotes Eurobarometer results on two questions, posed to all ...

Japanese electronics and entertainment conglomerate Sony Group Corp (6758.T) said on Tuesday it has the technology to make humanoid robots quickly once it has identified how they could be effectively ...

Associated British Foods (ABF.L) said trading at its Primark fashion retail business had made an “encouraging” start to the 2022-23 year as it reiterated a forecast that group profit ...

The leaders of the nine Mediterranean countries in the EU agreed on Friday to push for a dynamic cap on gas prices rather than a fixed ceiling, Spanish Prime Minister ...

The island’s central bank governor Constantinos Herodotou on Friday stressed the need for a prudent provisioning policy for bad loans in the midst of negative macroeconomic developments. Herodotou made ...

An underwater pipeline to carry green hydrogen between Spain and France will cost about 2.5 billion euros ($2.6 billion), Spanish Prime Minister Pedro Sanchez said on Friday, adding he hoped the European ...

Oil prices ticked higher on Friday but both benchmarks were set for a weekly loss as worries over weak economic outlook in China, Europe and the United States weighed on ...

Following a public vote among 32 nominees, a young Cypriot entrepreneur emerged victorious at the prestigious Noonies international awards. Demetrios Zamboglou was named ‘Fintech Contributor of the Year’ for 2022 by online ...

Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock investment and maintain the City of London ...

Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers that don’t carry appropriate insurance letters, adding that insurance checks on ships ...

Britain’s Office for National Statistics said on Friday that it was cancelling the release of producer price inflation (PPI) data due on Dec. 14, after the discovery of further potential ...

British shoppers used cash in only 15 per cent of transactions in 2021, half the level of the year before and down from nearly 40 per cent before the COVID-19 pandemic, retailers said ...

A US judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that its upcoming annual general meeting, which will take place on December 19 in Nicosia, will also commemorate the chamber’...

Many groups of experienced investors are assessing projects with a view to understanding which is most likely to generate significant returns. Minifootball has seen some significant gains recently, but it’...

The East Mediterranean Gas Forum (EMGF) this week announced that it has decided to approve the proposal of the Cypriot Presidency of the forum for the creation of a Scientific ...

The trading arm of Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery as the industry grapples with EU sanctions on shipping ...

A US bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose ...

Oil prices rebounded on Thursday amid optimism over China’s easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. ...