Business

By Maria Demertzis “Every night I ask myself why all countries have to base their trade on the dollar,” Brazil’s President Lula da Silva said in a 13 April speech ...

By George M. Georgiou In 2021 the World Bank became embroiled in a scandal involving its flagship publication Doing Business. An independent investigation by the law firm WilmerHale, published in September 2021, ...

Sony Group Corp (6758.T) said on Friday it expects this business year’s operating profit to slip from a record high as lower income from financial services offsets gains in ...

The latest Cabinet decision revising criteria for third country nationals who are investing in Cyprus comes in tandem with a slew of other measures the interior ministry wants to take ...

Turkey started natural gas production from its own massive Black Sea gasfield Sakarya on 20 April, less than three years after discovery. Sakarya is estimated to hold 710 billion cubic metres (bcm) ...

Failure of government to prosecute blatant cases of corruption and nepotism most striking example of crony capitalism on the island By Les Manison Capitalism, also called a free market economy, ...

DigiToads (TOADS) has emerged as a compelling option for investors seeking the best altcoins in the competitive world of cryptocurrencies. With an impressive range of features, including its deflationary nature, ...

Here are the top business stories in Cyprus from the week starting April 24: Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...

As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection of the company’s computing capacity, focused on its ability ...

The rapidly growing cryptocurrency landscape is witnessing a neck-to-neck race between innovative projects vying for supremacy. In this contest, Sparklo (SPRK) has successfully positioned itself as a frontrunner, outshining competitors ...

By Tom Cassauwers The passenger planes of today are based on designs that have been fundamentally the same for decades. This means that flight times have also changed very little. ...

Nvidia Corp (NVDA.O), a major supplier of chips and computing systems for artificial intelligence, on Tuesday released a set of software tools aimed at helping chatbots watch their language. ...

Calls for government intervention to support affected buyers and the real estate sector With property prices and rents continuing to spiral during the first quarter of the year, calls have ...

Exante, a global investment company with a presence in Cyprus, this week held an event in Limassol which sought to provide insights on current economic trends and what might be ...

Amid the bearish pressure facing Polkadot (DOT), one crypto project continues to thrive – Sparklo (SPRK). While other cryptocurrencies struggle to maintain value, Sparklo shows remarkable resilience and growth in the ...

Deputy Minister of Shipping Marina Hadjimanoli this week said that as a leading maritime nation, Cyprus has a duty to accelerate the shipping sector’s transition into a low-carbon and ...

Like every other financial market, the crypto market experiences its fair share of ups and downs as the value of some of the best DeFi cryptocurrencies skyrockets while others decline. ...

Non-performing loans (NPLs) in Cyprus remained steady at 9.5 per cent of total loans at the end of January 2023, as in the previous month, while absolute NPL numbers rose by around €13 ...

The past few decades has seen an upsurge in the Investment in online trading market. However, beginners may find it difficult to navigate the challenging world of trading online by ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that a tripartite business mission to Almaty, Kazakhstan is set to take place on 16-19 May 2023. The mission, which ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus-Southeast Asia Business Association this week announced that they came together to organise the first business mission and forum in ...

By Sarah Ktisti The government will take all necessary measures to protect Cyprus’ name as a reliable business and investment centre President Nikos Christodoulides said on Friday. Speaking at the ‘...

Amazon.com Inc (AMZN.O) signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and clamped down on spending, overshadowing the ...

British businesses were their most optimistic in nearly a year in April, boosted by growing hopes about the economy, according to a Lloyds Bank survey on Friday that could add ...