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.
It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property stocks in Europe staged a surprise rally this summer, suggesting ...
Europe’s recent foray into the realm of Bitcoin exchange-traded funds (ETFs) was met with mixed reactions, while the presale of Borroe ($ROE) tokens continues to sizzle with excitement. In ...
Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed.
Wednesday’s purchasing managers’ indexes ...
Cyprus’ transportation and storage sector experienced a substantial growth of 17.3 per cent during the second quarter of 2023, compared to the same period last year, according to a report released this ...
The Association of Cyprus Tourist Enterprises (Stek) and the regional administration of the island of Crete this week announced that they are set to hold an initiative under the banner ...
Kohl’s Corp (KSS.N) beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown.
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Cyprus’ energy sector is crucial for the country’s competitive edge and must adapt to renewable energy demands if it is overcome the major challenges it currently faces, Energy Minister ...
A Ural Airlines Airbus landed in the Russian city of Yekaterinburg on Nov. 14 last year. Then it remained grounded on the tarmac.
Three days later, a spare part crucial for ...
In the ever-evolving landscape of trading platforms, it becomes essential to choose a platform that best aligns with your trading needs and goals. With the emergence of new platforms and ...
Greek lender Eurobank on Wednesday announced that it has formally entered into a share purchase agreement with Poppy S.à r.l., outlining its intention to acquire an additional 17.3 per cent ...
FTX cryptocurrency exchange founder Sam Bankman-Fried is “subsisting on bread and water” because the federal jail where he is being held ahead of his fraud trial has not provided him ...
The long-running battle between Microsoft (MSFT.O) and Britain over the Activision Blizzard (ATVI.O) deal took another twist on Tuesday, raising more questions than answers about the country’s ...
Bullish investors are hoping Wednesday’s earnings report from chip heavyweight Nvidia (NVDA.O) can rejuvenate a US stocks rally that has stumbled in recent weeks.
Nvidia shares have tripled ...
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country’s financial industry outshine its rivals because ...
Oil prices ticked up in Asian trade on Wednesday, as traders weighed weak demand indicators from top importer China and the prospect of further US rate hikes against potential supply ...
Russia’s invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world in the 18 months since its launch on Feb. 24, 2022.
Here ...
The government is “seriously considering” levying a windfall gains tax on banks to offset the earnings they’re making due to the rise in interest rates, reports said on Tuesday.
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Britain’s data regulator on Tuesday said it would contact companies as part of a plan to combat “text pests” who illegally proposition customers using personal information provided in a ...
The cryptocurrency trading world has grown and evolved, captivating investors and enthusiasts. One platform, the TrustedAG, has been defining crypto trading in this changing context. The company’s forward-thinking strategy, ...
The memecoin world is characterized by intense volatility, greater than other sectors within the crypto landscape. Thus, Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) dominance are often under constant ...
The bosses of Britain’s biggest companies saw their pay jump 16% in 2022, sending their average earnings to 118 times the median UK full-time worker’s while employees struggled with soaring inflation, ...
Turkey’s central bank is expected to raise its policy rate to 20% this week, a Reuters poll showed, though some economists expect a smaller increase after hikes in previous months ...
InQubeta (QUBE) has emerged as one of the best altcoins to buy as its presale raises over $2.2 million during its early stages. The event is one of the most lucrative ...
Investors search for projects that can multiply their investments. The latest big opportunity in the crypto world is Everlodge. This new project’s business roadmap has attracted whales, and retail ...