Business

Barclays on Monday raised its Brent crude price forecasts by $11 per barrel for 2022 and $23 for 2023, citing a larger and sustained disruption in Russian supply following sanctions by the European Union. ...

Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20 per cent this year, due to concerns about a surge in inflation to ...

Russian aluminium producer Rusal (RUAL.MM) has filed a lawsuit against global miner Rio Tinto (RIO.AX), seeking to win back access to its 20 per cent share of the alumina ...

A person who is employed by a licensed real estate agent can be registered in the Registry of Assistant Real Estate Agents An assistant real estate agent is someone employed ...

Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher ...

Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Saturday that the electric vehicle maker’s total headcount will increase over the next 12 months, but the number of salaried ...

Russia’s sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay for replacement gas, the Welt ...

Mercedes-Benz (MBGn.DE) is recalling almost a million older cars from around the world due to possible problems with the brake booster, the company said on Saturday. Models of the ...

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who ...

Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, five people ...

British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos at airports last week as passengers ...

Tesla (TSLA.O) CEO Elon Musk’s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an ...

Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy, and even ...

Russia’s failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another step closer to its first default on international bonds ...

Oman has made new oil discoveries that will raise its production by 50,000 to 100,000 barrels in the coming two to three years, the state news agency said on Saturday, citing energy ...

Despite the Russia-Ukraine war, the Cyprus Hotels Association (Pasyxe) on Saturday expressed restrained optimism for summer bookings in local hotels. The association’s director, Philokypros Roussounides spoke to radio Trito ...

By Yiannis Seitanidis The deal between Greece and Saudi Arabia agreed earlier this week to launch a joint venture to lay fibre optic data cable that will link Europe with ...

The metaverse will enable people to invest in the real and virtual worlds designed on different blockchains. Your “Avatar,” or virtual self, will someday be able to interact with other ...

By Luigi Scazzieri Turkey’s objections to Finland and Sweden joining NATO have put the spotlight on Ankara’s role in the alliance. Even if a compromise is found, Turkey’...

Major business stakeholders got together at the Limassol Business and Investment Summit on Friday to discuss the ways in which the city can continue to capitalise on the notable growth ...

The Cyprus Chamber of Commerce and Industry (Keve) earlier participated and presided over the first annual general meeting of the Association of Balkan Chambers for 2022. The Association of Balkan Chambers ...

Chief Scientist and Research and Innovation Foundation president Nikolas Mastroyiannopoulos on Wednesday praised the role of the state in fostering innovation and promoting the use of technologically advanced solutions in ...

Greek Prime Minister Kyriakos Mitsotakis says Greece, an entry point for natural gas for the eastern Mediterranean, could play a key role in helping Europe achieve energy autonomy given its ...

Ayia Napa’s municipality on Friday unveiled its new ‘Code of Ethics for Tourism in Ayia Napa’ in an effort to transform the resort into a model, modern, attractive and ...