Business

By Antonis Loizou FRICS The rental situation with the constant increases for residential units, has been a concern for some time now, to the extent that it affects the local ...

The civil jurisdiction of the District Courts is determined by article 22 of the Courts of Justice Law, 14/1960, following the general and specific instructions issued by the Supreme Court. The President ...

Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its top ten creditors, it ...

The purchase and maintenance of floating liquefied natural gas (LNG) terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) ...

Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co (JPM.N), are increasingly becoming acquisition targets for traditional US banks as rising interest ...

Brazilian crypto advocates are urging lawmakers to give final approval on a bill aimed at boosting oversight of the sector, after the collapse of FTX – once an industry darling – raised ...

Alphabet Inc’s (GOOGL.O) Google this week introduced rules for inviting guest speakers to its offices, days after it canceled a talk by an Indian historian who has disparaged ...

Countries adopted a hard-fought final agreement at the COP27 climate summit early on Sunday that sets up a fund to help poor countries being battered by climate disasters – but does ...

Leaders of the 21-member APEC bloc pledged on Saturday to boost trade and do more to tackle other economic challenges, wrapping up the last of three summits in the region ...

A federal judge sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In ...

By Maria Demertzis The Recovery and Resilience Facility (RRF), the main component of the European Union’s post-COVID-19 Next Generation EU programme, was adopted two and a half years ago. ...

President Nicos Anastasiades on Friday night stressed that his government will not give into new demands that will affect the financial stability of the island for the sake of popularity ...

Bilateral trade between China and Cyprus in the first nine months of 2022 was worth €651 million and has more than doubled compared with last year with a hike of 54.9 per cent. ...

Parliament’s decision to extend foreclose freezes until January 2023 is “ridiculous” and exposes Cyprus for no reason, Bank of Cyprus group chief executive Panicos Nicolaou said on Friday. “This is ...

Bank of Cyprus reported a €9 million net loss for the first nine months of 2022, largely due to the voluntary staff exit plan and its respective one-off cost of €101m recorded ...

The roots of the lottery culture can be traced to the Roman Empire where emperors used to host parties and gift their guests in the form of a lottery. The ...

British retail sales staged only a partial rebound last month after shops closed in September for the funeral of Queen Elizabeth, and they remained below their pre-pandemic level as soaring ...

Built on the Ethereum blockchain, both ApeCoin (APE) and The Sandbox (SAND) rate among the top performers of the metaverse coins. ApeCoin currently has a market cap of $1.4 billion, and ...

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at ...

A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange, ...

President Nicos Anastasiades said on Thursday Cyprus would continue with its energy policies, despite any provocation or threat face from Turkey. “Cyprus does not object to Turkey’s participation. We ...

British Chancellor Jeremy Hunt announced a string of tax increases and tighter public spending in a tough budget plan on Thursday that he said was needed after the blow dealt ...

When we were in school, people used to land a job and stay with it until they retired. Those times have long since passed. People today need to be quick ...

By Xenia Saitti and and Kyprianos Santis Alternative Investment Funds have consistently been selected as the preferred vehicle for investments from both asset managers and investors. In the eyes of ...