Business

First Republic Bank (FRC.N) became the epicentre of the US regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started withdrawing deposits and left ...

The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the US Commodity Futures Trading Commission (CFTC) on Monday for operating what the ...

Companies are spending up to half a million dollars a year on a sustainability rating to meet investor demands for such data, yet are often dissatisfied with the results, new ...

Cyprus is to link up with Saudi Arabia as Wizz Air will add a third jet to its base on the island. That will open up new routes from Larnaca ...

Deputy tourism minister Costas Koumis heralded the Land of Tomorrow project spearheaded in Larnaca. In a statement on Monday, Petrolina Group which is driving the project, said the investment will ...

Chelsea had an overall net loss of 121.3 million pounds for 2021-22 due to “extraordinary expenses and loss of revenue” after sanctions were imposed on previous owner Roman Abramovich, the Premier ...

“An equal society brings about progress and prosperity for all and has a major economic impact, as it can tap onto the unique talent and potential of every single individual ...

Finance Minister Makis Keravnos on Monday said he has issued ‘strong advice’ to commercial banks to focus on loan restructuring for distressed borrowers, as well as to increase deposit rates ...

Behind some of Cyprus’ most successful businesses and organisations is a group of dynamic women who have shown the business world that they have what it takes to be a ...

No order for the recovery of possession of a property can be set aside if there is no compliance with the order of the court The recovery of possession of ...

A buyer for large chunks of Silicon Valley Bank’s deposits and loans helped cast an uneasy calm over fragile markets on Monday, which have been roiled by worries of ...

With Orbeon Protocol (ORBN) currently in its successful presale phase, currently in stage 11 with a $0.0921 price, and the project already raising over $6 million, and ImmutableX (IMX) and Optimism (OP) showcasing ...

As the crypto market continues to boom, investors are seeking out the hottest up-and-coming tokens to maximize their gains. TMS Network (TMSN) has emerged as a clear winner in this ...

Cyprus is a land full of history, beautiful beaches, about 350 days of sunshine, a most satisfying Mediterranean cuisine, captivating natural mountain and beach areas and is an EU member. It ...

By Ioannis Tirkides Surely the collapse of Silicon Valley and Signature banks in the United States, and even the takeover of Credit Suisse by UBS, have idiosyncratic elements that led ...

Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices and tap nationalist sentiment to challenge US beverage giants ...

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less ...

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut ...

South Korea’s LG Energy Solution Ltd (LGES) (373220.KS) said on Friday it would resume a stalled US battery project with a $5.6 billion investment in Arizona to qualify for federal ...

“The cryptocurrency market is constantly evolving and offering new opportunities for investors who want to diversify their portfolio and benefit from the innovation and growth of this sector. However, with ...

Electric vehicle adoption took off in 2022, with the global market for such cars growing by 55 per cent during this time, for total sales of 10.1 million units, according to a report ...

New sails and boat designs are set to help shipowners slash fuel costs and emissions. By Gareth Willmer There is no mistaking Cristina Aleixendri’s enthusiasm – and competence – when it ...

Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European Union lawmakers to agree on landmark AI laws, sources with direct knowledge of ...

The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc (COIN.O) over some of the crypto exchange’s products, turning up the heat on the ...