Oil prices fall for a second day on concerns for expected recession
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging ...
Surety for issuance of an order without notice
No interim order is issued unless a guarantee is provided in favour of the person against whom the order is sought
The court within the scope of its powers, upon ...
UK home asking prices rise, tax cuts to spur demand
Asking prices for British homes advertised rose solidly this month and last week’s cut to property purchase tax announced by finance minister Kwasi Kwarteng could fuel demand further, property ...
Public tenders and compensation
Among the problems that this country has, as well as unforgiving bureaucracy, are the increasing problems in recent years in the award of public tenders for infrastructure projects and others.
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Pound plunge the latest ill omen as stocks slide
Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain’s plan to borrow its way ...
UK bonds and pound at centre of storm as tax shock hammers confidence
Britain’s bond market suffered its biggest daily fall in decades on Friday and is expected to slump further, as investors choked on the prospect of hundreds of billions of ...
Inflation, spending cuts undermine Biden’s hunger policy
Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago’s North Side in August. Throughout the COVID-19 pandemic, she used food stamps issued by the ...
Brokerages jump on report SEC stops short of banning PFOF deals
Shares of retail brokerage Robinhood Markets Inc and market maker Virtu Financial (VIRT.O) jumped following a media report that the US Securities and Exchange Commission (SEC) will stop short ...
Crypto exchange Kraken has no US SEC registration plans, says incoming CEO
Cryptocurrency exchange Kraken has no plans to delist tokens the US Securities and Exchange Commission has labelled as securities, or to register with the agency as a market intermediary, said ...
Bankrupt crypto lender Voyager’s CFO to exit months after appointment
Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in ...
Cyprus’ shipping industry to become more efficient and competitive
Earlier this year, Cyprus Shipping Deputy Minister Vassilios Demetriades announced a new piece of legislation that would enable the creation of a limited liability company to be used exclusively for ...
Toyota Motor to close its factory in Russia
Japan’s Toyota Motor Corp (7203.T) said on Friday that it had decided to end vehicle production in Russia due to the interruption in supplies of key materials and parts.
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Marlow Navigation
Cyprus 4.0 speaks to Joint Managing Director at Marlow Navigation, Andreas Neophytou to get his take on the current environment in shipping in Cyprus and how it is moving ahead
Shipping ...
Thomas A. Kazakos: Director General, Cyprus Shipping Chamber
‘The Cyprus Shipping Chamber’s (CSC) primary goals are to advance the interests of Cyprus Shipping and constantly enhance the standing of the Cyprus flag’
Thomas A. Kazakos is the ...
Lebanon’s banks to reopen on Monday (Updated)
Lebanon’s banks will reopen on Monday, the banking association said, after five days of closure following a wave of holdups in the country by depositors seeking access to their ...
Eurobank Cyprus: Serving the Maritime Industry
Eurobank Cyprus has been serving the maritime industry since 2007, and currently offers a broad range of banking products and services. The bank’s local presence in this highly demanding sector ...
Ericsson says no hardware exported to Russia, only software support
Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the ...
Russia’s SWIFT alternative expanding quickly this year, central bank says
The reach of Russia’s alternative to the SWIFT international messaging system has grown at record pace this year, the central bank said on Friday, as Moscow ramps up efforts ...
European Union: a cold winter
By Maria Demertzis
According to current estimates, the European Union spends about 9 per cent of its gross domestic product on energy consumption. As a proportion of its income, this is ...
Extra flavour and fraud prevention on the menu for Europe’s beer and wine industries
By Daniela De Lorenzo
Europe’s valuable wine and beer industries are working to retain their competitive edge with an expanded range of aromas and blockchain-based fraud prevention.
The debate ...
Russian airlines staff start to receive conscription notices, Kommersant reports
Russian employees at airlines and airports have started to receive conscription notices after President Vladimir Putin ordered a partial military mobilisation, the Kommersant newspaper reported on Friday citing sources.
Employees ...
Andreas Papadopoulos: Chairman of the Cyprus Shipping Association
“The main aims of the Cyprus Shipping Association are the provision of high-quality services by the shipping agent and the strict adherence to high ethical standards promoted by the association, ...
UK market meltdown? Nothing to see here, minister says
Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country’s new economic growth plan, which sent ...
Nicholas Pavlidis: Head of Shipping, Bank of Cyprus
After 25 years in the United Kingdom and a career focused on shipping finance, Nicholas Pavlidis moved to Cyprus and joined Bank of Cyprus in April 2017. “My aim was to set ...