Business

Kition Ocean Holdings this week announced that it has decided to extend the low berthing fees for the next quarter, following a meeting with the local representative of the Pan-Cyprian ...

By Maria Demertzis For all the problems and crises that the EU has gone through in the past 15 years, immigration is one that still proves difficult to address. It cannot ...

Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late ...

The Independent trade unions federation (Poaso) has called on the government to implement a windfall tax on profits from renewable energy sources. They say that the proceeds from the tax ...

The Turkish central bank introduced 15 per cent required reserves for FX-protected lira deposits, a table published on Official Gazette showed early on Friday. Bankers said the change in required reserves ...

In the ever-evolving landscape of cryptocurrency, two stories are currently capturing the attention of investors. Bitcoin, the pioneer and leading digital currency, has been hovering around the crucial $30,000 mark, evoking ...

Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office ...

The pound was on track for its biggest weekly fall since February on Friday, as markets reacted decisively to signs that Britain may finally be turning a page on inflation. ...

The ECB this week released the latest version of its Household Finance and Consumption Survey (HFCS) report, providing insight into the financial state of households in Cyprus and the Eurozone, ...

British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted ...

Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek (NVTK.MM) mean the company is close to overtaking Kremlin-controlled Gazprom (GAZP.MM) as the country’s leading fuel ...

The recent ERC-20 token Vmpx (VMPX) launch has sent shockwaves through the market, triggering a remarkable surge in Ethereum (ETH) burn. This sudden increase in Ethereum burn signifies growing interest ...

Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s presidential vote, some parts of it have done rather well, although ...

Under the overarching theme of Transparency, the 4th Cyprus Forum is set to take place this year, organised by the non-governmental organisation Oxygono, in collaboration with the Delphi Economic Forum. ...

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named the Bank of Cyprus as the ‘Best Bank in Cyprus’ in its 2023 Awards for ...

Britain’s easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts’ forecasts, on the back of an ongoing rebound in summer ...

Enterprise software provider IBM’s (IBM.N) second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses ...

Russian President Vladimir Putin approved Arctic LNG 2’s first line departure via the Northern Sea Route from the Murmansk region to its future production site on the Gydan peninsula, the ...

A tanker containing liquefied natural gas (LNG) that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered <GGL.UL> vessel off the coast of France ...

The north’s electricity authority Kib-Tek and Turkish energy company Aksa signed a new 15-year procurement contract on Wednesday. Aksa owns and operates the north’s Kalecik power plant, near ...

A scheme for the installation of PV hybrid systems for residential units will be rolled out likely in September, the energy minister said Thursday, explaining that anyone can apply for ...

Only around half of vulnerable individuals eligible for a reduced price for their electricity bill, have actually applied to be part of the scheme, the electricity authority (EAC) said on ...

Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain’s Financial Services ...

Cyprus-based investor and entrepreneur Alexey Gubarev this week confirmed that he has recently sold Servers.com, a provider of bare metal services with customers and data centres across North America, ...