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.
German business software maker SAP (SAPG.DE) and German engineering company Siemens (SIEGn.DE) have joined US tech giants in criticising draft EU laws on the use of data generated ...
Now investors are beginning to see the benefits of investing in assets with cryptocurrencies. Not that this option was available previously, but with new tokens like Yachtify, it’s provided ...
The dollar began the week under pressure on Monday, with traders betting it might have peaked along with US interest rates, and selling it against peers that seem to have ...
It is no longer news for those that have been in the crypto industry for quite a while that the market usually has its fair share of downtimes. Although 2023 could ...
Oil prices rose on Monday as fears of a recession in the US, which drove prices down for three straight weeks for the first time since November, started receding.
Brent ...
The meme coin market has produced some astonishing success stories, with investors transforming modest sums into fortunes. One such investor recently turned a $4,410 investment in Pepe Coin into nearly $1 million. ...
The Kinisis Ventures (KV) Fund I and Host Trust, the investment vehicle of the Kulik family, long-time partners of MGD Heroes Made, on Monday announced that they are making a ...
If you are following the news of the crypto world, you would have heard about Collateral Network (COLT), which has stunned analysts with its presale performance. The market value of ...
The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys.
In ...
After a long battle with the bears in the crypto space, the bulls are finally beginning to get hold of the crypto markets, as can be seen in the significant ...
The markets have seen a drop, which startled bulls but resulted in ‘I told you so’ nods from bears. The market downturn has taken its toll on EOS (EOS) and ...
Volatility is a major issue in the cryptocurrency market; more and more coins are facing further declines in May. Two of the top DeFi projects by market cap, Polygon (MATIC) ...
If Turks oust President Tayyip Erdogan in elections this month it will largely be because of an economic reversal that saw their prosperity, equality and ability to meet basic needs ...
A legally terminated agreement ceases to be valid
An innocent party to a property sale agreement, whether a vendor or purchaser, can terminate it without this having any legal effects. ...
The association of commercial boat owners protested at Larnaca marina over the weekend in an ongoing objection to rising berthing fees.
Two weeks ago the boat owners agreed to end ...
The International Monetary Fund, in its Spring World Economic Outlook, released last month, provides an assessment of the global economy over the medium term, revised forecasts, and discusses underlying risks ...
Warren Buffett’s Berkshire Hathaway Inc BRKa.N posted a $35.5 billion first-quarter profit on Saturday, reflecting gains from stocks such as Apple Inc, while higher investment income and a rebound ...
Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue.
Binance had paused the withdrawal of Bitcoin, the world’s largest ...
Saudi Arabia’s economy grew by 3.9 per cent year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.
Non-oil activities grew ...
Russian carmaker GAZ (GAZA.MM) has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen (VOWG_p.DE), court records show, adding to two others filed earlier this year.
The ...
There are over 23,700 blockchain and cryptocurrency projects, making it the perfect industry for investors looking for opportunities with great returns.
Because of the large number, only very few projects in ...
Here are the top business stories in Cyprus from the week starting May 1:
Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...
Forget your hook, line and sinker. An Israeli foodtech company says it has 3D printed the first ever ready-to-cook fish fillet using animal cells cultivated and grown in a laboratory.
...
Inexpensive new materials and sensors will help even small museums prevent irreversible damage to objects.
By Alex Whiting
Overlooking the waters of the Grand Canal in Venice, the former home ...