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.
It presupposes the issuance of a title deed and failure by the buyer to fulfil his obligations to the bank
A collateral assignment agreement is commonly used by a property ...
The absence of women from the slate of potential Morgan Stanley (MS.N) CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say.
Morgan Stanley ...
Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to ...
By Elvire Fabry
The accelerating pace of decarbonisation around the world is fuelling a heated race for critical minerals. Countries are looking to ensure access to specific components needed to ...
Bosnia hopes that its geographic position will help it increase exports of its halal certified food products to European markets, where the number of Muslims has grown.
The Balkan country, ...
The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation ...
Messenger service WhatsApp faces a maximum fine of 4 million roubles (51,500) after Russia accused it of failing to delete banned content, state-owned news agency RIA reported on Friday, citing a Moscow ...
Although the crypto market looked promising in the first quarter of 2023, recent events have interested many enthusiasts in the volatility of some top coins. Some of the best cryptos have ...
Below are the top business stories from Cyprus for the week starting May 15:
Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...
Cities across Europe are working with researchers to turn organic waste such as coffee grounds into valuable goods.
By Pieter Devuyst
It’s hard to imagine a world without coffee ...
Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclear fusion plants come online, ...
Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to tyre pollution that is set to surge with the rise of electric vehicles (EVs) ...
Cyprus has immense potential to gain from the blue economy, President Nikos Christodoulides said at the inauguration of the Blue Economy Innovation Centre of Limassol Municipality.
He emphasised that Cyprus’ ...
Cryptocurrencies have lost their upward momentum, with Bitcoin (BTC) struggling to power and find support above the $30,000 handle. Renewed selling pressure is forcing investors to search for gems likely to ...
Council for Registration of Real Estate Agents president Marinos Kineyirou this week urged any stakeholders in this space to invest in cybersecurity measures in order to not endanger both their ...
The European Maritime Day in Cyprus commenced with a grand opening ceremony held at Larnaca’s Medieval Castle on Thursday, according to an announcement released yesterday.
The event, organised by ...
As the world continues to embrace digital currencies, the regulatory and legal landscape surrounding their use and trade becomes increasingly important. Cryptocurrencies such as Syscoin have been gaining popularity due ...
The Cyprus Association of Research and Innovation Enterprises (KSEEK-CARIE) and the French Maritime Industry Association (GICAN) this week signed a Memorandum of Cooperation, aiming to strengthen defense and industrial cooperation.
...
Hyundai Motor (005380.KS) and Kia Corp (000270.KS) agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers’ vehicles, lawyers for the owners and ...
Shell Plc (SHEL.L) will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.
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Avalanche (AVAX) and Filecoin (FIL) are experiencing high volatility as their value begins to decline. While both underlying networks saw growth in their ecosystem and hosted numerous initiatives to expand ...
As US lawmakers and regulators continue to target cryptocurrencies en-masse with increasing levels of regulation, many established platforms are seeing the pinch. Two of those suffering are BNB (BNB) and ...
A court in Turin is set to rule in the coming weeks on an inheritance dispute dividing the Agnelli family, the founders of the Fiat car company and arguably the ...
Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging inflation and rising interest rates.
But European stocks are down from ...