Business

When Ethereum came, the creators felt that they would see their digital money for day-to-day transactions in the coming future. The inventor had the vision for the currency when he ...

Nvidia Corp (NVDA.O) on Monday warned its second-quarter revenue would drop by 19 per cent from the prior quarter on weakness in its gaming business, sending the chip designer’s ...

Axios has agreed to sell itself to Cox Enterprises in a deal that values the digital media firm at $525 million, a source familiar with the matter said on Monday. Atlanta-based ...

European budget airline Wizz Air (WIZZ.L) will resume flights from Abu Dhabi to Moscow from October, it said on Thursday, more than five months after the carrier suspended all ...

Key Points: Jewelry retailer Tiffany’s association with CryptoPunks has pushed the latter’s sales. Chonoly.io, a decentralized ecosystem, has brought liquidity to the watch market. Chronoly’s CRNO ...

Qualcomm (QCOM.O) agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries’s (GFS.O) New York factory, bringing its total commitment to $7.4 billion in purchases through 2028, according ...

Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The ...

Pfizer Inc on Monday agreed to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics (GBT.O), as it looks to capitalize on a surge in revenue ...

The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes. A ...

Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry. The crypto ...

The council of real estate agents announced on Monday that its new website is up and running enabling the public to view the latest real estate listings available for purchase ...

More Britons are turning to cash to manage their budgets as prices soar, the Post Office said on Monday after it saw a record level of withdrawals over its counters ...

Shares of Jack Dorsey-led Block Inc (SQ.N), a digital payments firm that has bet big on bitcoin, declined nearly 7 per cent in premarket trading on Friday after the company ...

In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes ...

The worst is over for German airline Lufthansa (LHAG.DE) after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster ...

India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation ...

Biggest rate increase for 27 years By St John Coombes This week the Bank of England increased interest rates by 0.5 per cent, taking interest rates to 1.75 per cent. This is the ...

By Andreas Charalambous and Omiros Pissarides Recent developments suggest that the US and the EU are moving towards stagflation, that is the coexistence of inflation and low economic growth, with ...

By Gregoris Savva Debt restructurings in Cyprus declined to €545 million in the first half of 2022, with loan renegotiations slowing down following a record 2021 due to the Covid-19 pandemic, and as ...

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing – at a new and permanent cost ...

In the world of cryptocurrency, new players are emerging onto the scene. Some of these players are here to stay, while others quickly fizzle out. It can be difficult to ...

Talk of changes to the Bank of England’s powers has revived a debate on whether central banks should be independent of governments and in what way. Central bankers are ...

Chromebooks, the laptops or tablets running Google’s Linux-based Chrome OS, continue to experience a decline in sales for the fourth consecutive quarter, according to a report released this week ...

By Andrew Dunne Gardening is proven to be healthful and joyful, but as more of us discover the joys of working in the garden for the first time, some basic ...