Business

The donation agreement should be simple, clear and without reservations A parent wishing to transfer property to a child should not leave pending matters which may create disputes between their ...

The green light was given by the environment department for the creation of a new Jumbo store at the ex-Mazda showroom at Latsia, Nicosia. This is sure to create problems. ...

Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13per cent monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the ...

Battered by a near 50 per cent plunge in its shares over the last 12 months, Nexi (NEXII.MI), Europe’s biggest payments processor, has not gone unnoticed. Earlier this year, the ...

The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national ...

Brazil’s central bank chief Roberto Campos Neto on Friday said he believes credit cards will cease to exist soon due to the growth of the open finance system, through ...

Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession ...

Unity Technologies, a video game software development company based in San Francisco, this week announced that it has agreed to enter a partnership with cloud services giant Microsoft Azure. The ...

Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big expansion since ...

Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in a bid to cement its leadership in an ...

Global rating agencies S&P and Fitch on Friday lowered Ukraine’s foreign currency ratings to selective default and restricted default as they consider the country’s debt restructuring ...

Solving the Cyprus problem and solving the energy crisis go hand in hand With the European energy crisis intensifying and the likelihood of complete Russian gas cut-off increasing – Russian gas ...

Any possible seizure of Russian assets by the United States will completely destroy Moscow’s bilateral relations with Washington, TASS quoted the head of the North American Department at the ...

Western governments and central banks together have contrived an economic and societal farce, but few are laughing By Andrew Shouler We are now well into what some call the silly ...

The total value of Cypriot bonds held by the European Central Bank (ECB) on its balance sheet stood at €4.29 billion after the public sector purchase programme (PSPP) had concluded in ...

A small increase of 0.09 per cent was recorded in the price index of construction materials for the month of July 2022, compared to the previous month, according to a report by ...

Telecommunication provider Epic this week announced that it is investing in green and sustainable development, with the ultimate aim being the reduction of the company’s ecological footprint and contributing ...

By Ioannis Tirkides Inflation has been ramping up for about a year now and has reached levels last seen more than forty years ago, during the stagflation of the 1970s ...

Cyprus’ public debt declined to €24.18 billion at the end of June 2022, marking a 3.1 per cent reduction compared with the respective period of last year, according to the latest available data. ...

The Reserve Bank of India on Wednesday issued detailed guidelines that will increase scrutiny and supervision over digital lending apps and lenders who engage with them, after several complaints of ...

BlackRock Inc (BLK.N), the world’s biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on ...

Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars ...

Commercial flights within the European Union decreased by 15 per cent in July 2022 compared with July 2019, the summer before the pandemic, according to data released by Eurostat, the statistical service of ...

Egypt’s cabinet has approved a plan to ration electricity to save natural gas that it will instead divert to the export market to generate foreign currency, it said on ...