Business

Egypt’s Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7 per cent from the previous year, Canal Authority Chairman Osama Rabea said ...

Keeping a long-term perspective is the best strategy for surviving a bad market. When the market is weak, even the most valuable equities are likely to depreciate. However, losing value ...

British manufacturing firm Corbetts the Galvanizers used to rely on a stream of workers from Poland and Romania to fill its shop floor, where steel is dipped into a long ...

Turkey’s annual inflation rate jumped to a 24-year high of 78.62 per cent in June, data showed on Monday, just above forecast, driven by the impact of the Ukraine war, ...

The number of pubs operating in England and Wales is the lowest on record, research showed on Monday, as surging energy costs combine with a shortage of workers to threaten ...

Cyprus should implement firmer and more transparent means of protecting public health as it moves ahead with its gas exploitation programme, according to a study by the Cyprus University of ...

The Deputy Ministry of Shipping on Monday announced that minister Vassilios Demetriades is currently in Japan on an official visit. During his time in the country, the minister will hold ...

PwC Cyprus on Monday said that international investments are crucial to the Cypriot economy, something which was highlighted during the Invest Cyprus International Investment Awards. The event took place on ...

The old joke is that nuclear fusion is always 30 years away. Yet the dream of abundant clean energy is no laughing matter as we meet an ITER researcher to catch ...

The Bank of Cyprus on Monday announced that it will implement a voluntary retirement scheme that will seek to reduce its staff by 15 per cent, which amounts to approximately 500-600 ...

Employment in the broad industrial sector decreased in 2020 by 1.5 per cent to 39,100 compared to 39,700 in 2019, according to the results of the Survey on Industrial Production 2020, published by the Cyprus Statistical ...

British companies have turned increasingly glum about the outlook, with inflation surging and investment plans looking stagnant, according to the latest business survey that shows momentum rapidly draining from the ...

Oil prices reversed losses and edged up on Monday as concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of a global ...

A condition in a lease agreement that in the event the property is sold the lease will be terminated is applicable If a remedy is pursued in an application for ...

Have you heard much about crypto and blockchain technology but don’t know where to start? Or maybe you’ve already invested in Bitcoin or Ethereum but want to branch ...

The head of Germany’s energy regulator warned that the 15 billion euros’ ($15.64 billion) worth of credit lines provided by the government to buy gas for storage facilities may not be ...

Ryanair (RYA.I) had its busiest month ever in June (RYA.I) as it flew 15.9 million passengers, up from just 5.3 million a year earlier and topping a previous high set ...

Homes that are 30-40 years old are likely to need improvements to meet today’s standard of living, especially houses which were built according to the owner’s specifications at ...

The influence of virtuality reality, as well as the metaverse as a consumer channel, is only in its nascent stages, but it may already affect the way organisations and sellers ...

Gartner forecast global mobile phone sales to fall 7.1 per cent this year on Thursday, revising its earlier estimate of a growth of 2.2 per cent, citing inflation, Russia’s invasion of ...

The European Union on Thursday reached a provisional deal on the world’s first set of comprehensive rules to regulate what one lawmaker called the “Wild West” crypto market. WHAT ...

Cryptocurrency exchange Coinbase Global Inc (COIN.O) said on Friday it was looking to expand in some European markets, even as the digital asset market continues to experience a downturn. ...

Boeing Co (BA.N) said on Friday “it is disappointing that geopolitical differences continue to constrain US aircraft exports” while responding to China’s three biggest state-owned airlines buying 300 jets ...

The percentage of flights to and from Cyprus affected by Europe’s travel chaos is much smaller than in other countries, deputy minister for tourism Savvas Perdios said on Sunday ...