Business

By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically low levels, mainly reflecting the markets’ ...

Mexican cryptocurrency exchange unicorn Bitso laid out a transparency roadmap, as pressure from users mounted following the high-profile collapse of crypto exchange FTX, a top Bitso executive told Reuters on ...

British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost of living crisis and increased borrowing costs ...

Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-living crisis and the distraction of ...

Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. ...

In 2021, the labour market slack, which comprises all people who have an unmet need for employment, amounted to 15.0 per cent of the extended labour force among people aged 15 to 74 years ...

Manchester United’s owners, the Glazer family, are considering selling the club as they explore “strategic alternatives”. If the Glazers decided to follow through with the sale of the Old ...

The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, also known as Moneyval, on Friday released its latest report on Cyprus’ compliance with ...

Lebanon’s central bank has completed an audit of its gold reserves at the request of the International Monetary Fund that found the amount of gold in its vaults was ...

New tokens often have trouble performing against established tokens. It’s just difficult to get exposure with so many tokens battling for attention. But there’s one cryptocurrency that’s ...

The Paphos regional board of tourism (Etap) this week travelled to Poland in order to promote the district as a tourist destination by engaging with local tourist industry stakeholders. The ...

Finance Minister Constantinos Petrides on Thursday addressed the first annual Financial Markets Forum, speaking on a number of issues, including recent economic developments, the evolution of the financial sector, growth ...

Cryptocurrency exchange Binance said on Thursday it was committing $1 billion to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector. The move comes at ...

The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus for 2023, the new chair of global securities ...

Ghana’s government is working on a new policy where gold rather than US dollar reserves will be used to buy oil products, Vice-President Mahamudu Bawumia said on Facebook on ...

Adidas on Thursday said it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker last month ended its partnership with the ...

European Union governments failed to reach a deal on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in ...

The Ministry of Energy, Commerce and Industry on Thursday announced that minister Natasa Pilides travelled to London on Wednesday in order to lead a mission representing Cyprus at a business ...

The government of El Salvador, the first country in the world to adopt bitcoin as legal tender, is seeking congressional approval to issue investment bonds in the cryptocurrency. El Salvador’...

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, ...

People are investing in the crypto market to make big money, but not everyone can do so successfully as the industry is ever-evolving with many ups and downs. Since investors ...

Two Estonian citizens were arrested in Tallinn, Estonia, on an 18-count indictment for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy, the US Justice Department said ...

Nestle (NESN.S) will invest 7 billion Saudi riyals ($1.86 billion) in Saudi Arabia over 10 years, the kingdom’s investment ministry said on Twitter on Wednesday. The ministry added it signed a ...

El Al Israel Airlines (ELAL.TA) reported on Wednesday its second straight quarterly net profit, saying its revenue was almost on pace with pre-COVID pandemic levels. Helped by a $38 million ...