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.
ECB executive committee member and chief economist Philip Lane met with Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Wednesday, after being invited by the latter to the island ...
Alphabet Inc’s (GOOGL.O) Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and more ...
On-chain data is a skill every crypto investor should learn and be aware of. Due to crypto’s decentralized nature, every single transaction can be seen and tracked, and data ...
UBS Group AG (UBSG.S) will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG (CSGN.S) in the biggest bank rescue since ...
Everybody loves explosive crypto gains – there’s just something about the extreme volatility of cryptocurrencies that keeps things interesting because you just never know when you could be on a ...
The Cypriot fund has made a follow-up investment after having partnered with the startup in 2019
The Kinisis Ventures (KV) Fund I has made a follow-on investment of €200,000 in Threedium’s ...
The Cyprus issue, ways to deepen bilateral relations in the fields of trade, economy and tourism, as well as energy, will be the focus of a meeting on Wednesday in ...
More than 7,000 properties, whose total value exceeds €1.5 billion, are currently available on the market from banks, property management companies and debt buyers, according to a sectoral analysis report by Cypriot ...
The House Finance Committee this week reviewed proposed legislation that would introduce additional relaxations in the 50 per cent tax exemption policy for highly paid expatriate workers returning to Cyprus.
According ...
DBRS Morningstar has confirmed the BBB rating with a stable outlook for Cyprus in both domestic and foreign currency over the long term, according to a report recently published by ...
Bahrain on Monday said it was introducing a new “golden licence” offering benefits to companies bringing large-scale investment projects to the small Gulf state as it seeks to reduce its ...
Banks are overly reluctant to tap their cash buffers in volatile markets, fearing adverse reaction from regulators and markets, and changes to the rules may be needed, the Bank of ...
Wargaming on Tuesday announced the sale of a 13.4 per cent holding in Hellenic Bank to Eurobank for a consideration of €70m.
The company still remains Hellenic Bank’s fourth-largest shareholder, ...
Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives.
Open interest for bitcoin options and futures has spiked over the past ...
Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like groceries, clothes and gadgets, all by tapping ...
In separate speeches last year, the leaders of France and Germany warned their citizens of hard times ahead as the global economy encountered challenges ranging from trade conflicts through to ...
Oil prices posted gains in Asian trade on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the ...
Three tokens that have recently drawn significant interest are Collateral Network (COLT), Kaspa (KASPA), and Fetch.ai (FET). Of these, Collateral Network (COLT) is in its presale phase, offering early ...
Credit Suisse (CSGN.S) will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS (...
In December 2020, the SEC filed a lawsuit against Ripple Labs Inc, the creators of XRP, alleging that they had sold unregistered securities in the form of XRP tokens.
The SEC ...
Storied Cypriot soft drinks company KEAN on Tuesday released a statement notifying the public that its board has reached an agreement in principle to sell the company’s shares to ...
As one of the most powerful women and role models in technology in Cyprus, Elena Georgiou Strouthos is heading an agency focusing on mobile platforms design, development, and consultation with ...
In the current cryptocurrency market, where confidence is regaining momentum, each company strives to draw the attention of institutional investors. These investors, who are typically banks or mutual funds with ...
Cyprus can take advantage of soaring copper prices, the result of pronounced shortages across the world, helping to increase supply through new projects on the island, according to Mark Rachovides, ...