Business

Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a US supply report showing rising inventories ...

The euro was hovering just above parity with the US dollar on Wednesday while traders focused on US data due later in the session that is expected to show inflation ...

Egypt’s fuel pricing committee in a quarterly review on Wednesday raised domestic fuel prices by 0.50 Egyptian pounds for 80-octane, 92 octane petrol, and diesel while 95-octane petrol was raised by 1 ...

Twitter Inc TWTR.N sued Elon Musk for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest person ...

The Cyprus University of Technology (Tepak) earlier this week entered into a partnership agreement with software company SoftOne Cyprus. The partnership was ratified through the signing of a memorandum of ...

The Financial Stability Board (FSB) said on Monday it would propose “robust” global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate ...

The Cyprus Chamber of Commerce (Keve) on Tuesday announced that it will be holding a seminar on career prospects in the maritime sector. The seminar, which is being held in ...

The total number of permanent staff employed by the government decreased by 679 persons or 2.5 per cent, with the figure dropping from 26,629 to 25,950, according to the Cyprus Statistical Service (Cystat). In ...

Moscow’s war in Ukraine must not sideline European Union efforts to cut carbon emissions even as the continent is forced to turn back to coal to cope with reduced ...

Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, giving ...

The euro bounced from near-parity versus the dollar on Tuesday and pushed into positive territory in volatile London trading. Against the greenback, the euro rose 0.2 per cent to $1.0057 after falling 0.4 ...

The European Union has so far frozen 13.8 billion euros worth of assets held by Russian oligarchs, other individuals and entities sanctioned for Moscow’s war against Ukraine, the bloc’s ...

The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter. These two contrasting groups are both HODLers – investors in ...

NFTs are unique cryptographic assets that are stored on the blockchain. These assets are usually a digital representation of a real-world item like artwork, image, music, or video. A non-fungible ...

The global price of oil could surge by 40 per cent to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that ...

African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid ...

A federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of ...

Farmers in Russia’s southern Rostov region, one of the largest grain producing and exporting areas of the country, are seeing high wheat yields as harvesting gets underway, growers and ...

The recent market downturn has hit the price of Bitcoin (BTC) and Ethereum (ETH) but it has also hit the dreams of big gains for many. Investors have long been ...

The current bear market has been tough on crypto investors, with most digital assets posting double-digit percentage losses. But amid the sea of red, a select number of cryptos have ...

Hellenic Bank on Monday announced that it has successfully launched and priced the issuance of €100 million Senior Preferred Notes, under its €1.5 billion Medium Term Note Programme (EMTN). According to the ...

The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has ...

Cyprus’ real estate sector is exhibiting resilience and adjustability, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Monday. However, Kineyirou warned that the market will become ...

Cyprus’ trade deficit reached €2.96 billion for the period between January and May 2022, according to provisional data released by the Cyprus Statistical Service (Cystat) on Monday. This represents an increase of ...