Business

Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov said in a TV interview aired on ...

Germany’s Economy Ministry has refused to provide carmaker Volkswagen (VOWG_p.DE) with guarantees to cover new investments in China because of concerns over human rights violations in the ...

The first cruise ship to use Ayia Napa marina dropped anchor there on Sunday morning, the ministry of transport announced. “The decision of the ministry of transport to create an ...

Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to ‘bank the unbanked’. Mexicans with at least one financial product last ...

Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World ...

Sony Group Corp (6758.T) said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including ...

Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday. “The idea of using digital currencies in transactions ...

The video game industry has always been about innovation. New technology, new controls, and new experiences are to be expected. Video games have been around for decades, providing entertainment for ...

Developers behind failed stablecoin TerraUSD have voted to abandon the token in favor of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed, according to a tweet ...

Nexters is an international game development company built of a team of game creators from more than 10 countries. In August of 2021, Nexters went public on NASDAQ via a SPAC deal. ...

Melsoft, a successful mobile game developer, was founded in 2007 and is well known for its games Family Island and My Café. The company is continually developing its products, making the ...

Outfit7 are game makers at their core. With over 18+ billion game downloads and 88 billion global video views, they live to create-feel good moments and bring joy to their fans around ...

From cutting edge startups to established brands, Cyprus based gaming companies are taking a variety of approaches to innovating the gaming industry through their unique ideas, route to market, product, ...

Finance Minister Constantinos Petrides on Thursday evening said that Cyprus should maximise its comparative advantages in order to turn the investment funds sector into a means of attracting investments from ...

There was a net increase in both total deposits and total loans in April, when compared to March, according to a report published on Friday by the Central Bank of ...

By Maria Demertzis Did you know that 70 per cent of online shopping trips end in failure in the sense that shoppers fill their digital baskets and then abandon them? According ...

Cyprus Cyber Security Competition winners also confirmed The first-ever Cypriot edition of the European Coding Challenge was successfully completed in Nicosia earlier this month. The event was jointly organised by ...

Cyprus’ Central Bank (CBC) governor, Constantinos Herodotou on Friday projected that an expected rise in interest rates by the European Central Bank (ECB) would be manageable. Herodotou’s comments came ...

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond ...

The dollar was set for its biggest weekly drop in nearly four months as traders lowered Federal Reserve rate hike expectations amid signs the US central bank might slow or ...

Hong Kong’s central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back ...

There is considerable hype about cryptocurrencies these days as free and open markets bring more competition and as a result, the consumer gets to benefit. There are thousands of crypto ...

Billionaire Elon Musk was sued by Twitter Inc (TWTR.N) investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc (TSLA....

The World Bank said on Thursday that its board had approved $500 million in additional financing to support Turkey in its efforts to fight against COVID-19. The funds, which will have ...