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.
Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry’s growth in Texas, according to a top trade group, citing the rise in the miners’ ...
Cash-strapped British households cut back on eating out and takeaways last month and instead bought food at supermarkets and shopped at discount stores, giving an unexpected boost to retail sales, ...
If you’re looking for a unique business to launch in 2023, look no further than a novelty shop. Thanks to the explosion of ecommerce, starting and growing a novelty store ...
As a series of US lenders were besieged by customers yanking out their money this month, banking behemoths including JPMorgan Chase & Co (JPM.N), Citigroup Inc (C.N) and ...
While financial markets are emerging at a quick pace, traders are finding more and more profit-making opportunities from online financial trading. So, if you are willing to participate in financial ...
The European Central Bank is pressing Austria’s Raiffeisen Bank International (RBIV.VI) to unwind its highly profitable business in Russia, five people with knowledge of the matter told Reuters.
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Cryptocurrencies have taken the financial world by storm, offering investors the opportunity to gain significant returns on their investments. With the growing popularity of digital currencies, the competition to find ...
Introduction
Social networking on the web is a significant aspect of many of our lives. We use it to pass the time, get in touch with loved ones, and learn ...
The International Monetary Fund warned on Thursday that Lebanon was in a very dangerous situation a year after it committed to reforms it has failed to implement and said the ...
As the market sees some of the leading digital assets like Chiliz (CHZ) and Dogecoin (DOGE) moving sideways, Orbeon Protocol (ORBN) continues to generate buzz with its innovative blockchain technology ...
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by US prosecutors.
An eight-count indictment against ...
Investors are increasingly moving away from projects not backed by a real-world utility. Cardano (ADA), ApeCoin (APE) and Collateral Network (COLT), which is in presale currently offering tokens at a ...
We have all heard the stories of investors ending up with a portfolio worth 10x the initial investment. While some may say this only happens in fantasies, the recent presale ...
Properties in the municipalities of Nicosia, Strovolos and Aglantzia are the easiest to sell in the Cyprus capital, a report by Cypriot fintech Ask WiRE showed.
The company, which operates ...
Women and younger correspondents more eager to embrace personal responsibility
The vast majority of young Cypriots that the environmental credentials of a potential employer are a vital part of their ...
Cyprus’ trade deficit for the period between January and December 2022 increased by €2 billion, marking a 34.5 per cent increase compared to the corresponding period in 2021.
According to data published by the ...
The end of the Federal Reserve’s bruising rate hiking cycle may be in sight, yet investors are finding plenty to worry about when it comes to the US stock ...
The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in pressing on with interest rate hikes, arguing the UK banking sector was strong enough ...
The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in hiking interest rates, as policymakers ploughed on with their fight against inflation in the ...
Switzerland’s financial market regulator FINMA defended its decision to impose steep losses on some of Credit Suisse’s bondholders on Thursday, saying the decision was legally watertight.
On Sunday, ...
Former Turkish economy tsar Mehmet Simsek’s refusal to return to politics has left President Tayyip Erdogan’s ruling party scrambling to rebuild its economic credibility less than two months ...
An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out ...
Citigroup Inc (C.N) CEO Jane Fraser on Wednesday expressed confidence in US banks after a series of closures rattled investors and fueled turmoil in global financial markets.
“The banking ...
Bitcoin dropped 4.5 per cent to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 7 per cent from the year’s ...