Business

New car sales in the European Union rose 14.6 per cent in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted ...

Pay awards from British employers rose in the three months to October thanks to rising public sector salaries but private sector pay deals – which are closely watched by the Bank ...

The ability of Cypriot banks to reduce operating costs while investing in digital transformation will be key to offsetting inflationary pressure and still-high credit provisions, rating agency Standard and Poor’...

A common question in the vast and confusing world of cryptocurrencies is what is the best crypto to buy right now? Beyond the big names and best ICO market leaders, ...

The Bank of Cyprus’ Innovation Centre, known as IDEA, this week officially announced the commencement of new applications from people with innovative ideas that have the potential to transform into ...

Energy Minister George Papanastasiou on Tuesday spoke of “cautious optimism” regarding talks with energy giant Chevron over development of the Aphrodite offshore gas field. Without divulging details of the discussions – ...

The euro zone’s sinking commercial property sector could struggle for years, the European Central Bank said on Tuesday, posing a threat to the banks and investors which financed it. ...

Waste from at least 19 international brands including Adidas and Walmart is being used to fuel kilns in brick factories in Cambodia, and some workers were falling ill, according to a ...

Hellenic Bank on Tuesday announced robust financial results for the first nine months of 2023, posting an after-tax profit of €240.7 million, primarily attributed to increased interest income derived from placements with ...

Kraken, one of the world’s largest cryptocurrency exchanges, was sued on Monday by the US Securities and Exchange Commission, which accused it of illegally operating as a securities exchange ...

While Gala Games (GALA) and EOS (EOS) have made significant imprints with their gaming and scalable blockchain solutions, Everlodge (ELDG) is carving its niche in the luxurious world of real ...

The British Business Bank (BBB) will set up a new fund for pension schemes and asset managers to invest in growth companies, part of wider reforms to unlock savers’ cash ...

Even with the resurgence in the market, the XRP (XRP) token has yet to show strength like other top altcoins have. As a result, its whales have shifted their focus ...

Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned cautious ahead of a meeting of OPEC+ this Sunday when the producer group ...

Microsoft (MSFT.O) emerged on Monday as the big winner of the upheaval at OpenAI, hiring ousted CEO Sam Altman and other key staff of the startup to avert a ...

The Cyprus Chamber of Commerce & Industry (Keve) on Monday announced that in the context of its continuous effort to open new roads and prospects for Cypriot companies, has established ...

Britain’s next government will almost certainly need to raise taxes and make unwelcome spending choices even if this week’s budget update from finance minister Jeremy Hunt presents a ...

Turkey’s new rules to regulate the crypto market are likely to focus on licensing and taxation, sector officials say, as the world’s fourth-biggest crypto-trading country seeks to get ...

In an ongoing back and forth, the government was due to respond to Chevron’s letter in negotiations over the development of the Aphrodite natural gas reservoir on Monday night, ...

Outgoing Larnaca Chamber of Commerce (Evel) president Stavros Stavrou this week announced plans to run for the position of president at the Cyprus Chamber of Commerce and Industry (Keve). In ...

The Cyprus Shipping Chamber (CSC) on Monday released a statement welcoming the launch of the one-stop shipping centre at the Deputy Ministry of Shipping, effective from November 20. This significant development, ...

Colombian pop star Shakira on Monday reached a settlement to avoid a trial in Barcelona over charges she failed to pay 14.5 million euros ($15.7 million) in Spanish income tax between 2012 and 2014, ...

British Prime Minister Rishi Sunak said his government would turn to cutting tax after a fall in inflation, speaking ahead of this week’s budget update when finance minister Jeremy ...

The ongoing conflict in Gaza poses a significant threat to tourism in Cyprus, resulting in cancellations and reduced arrivals, particularly from Israel, president of the Hoteliers Association (Pasyxe) Thanos Michaelides ...