Business

McDonald’s franchisees in Russia will have the option of working under a new brand that will launch imminently, the TASS news agency quoted Oleg Paroev, McDonald’s Russia’s ...

The magnitude of the impact on the Cyprus economy from the war in Ukraine will depend on the duration of hostilities, and sanctions against Russia, Central Bank of Cyprus (CBC) ...

German big business is drafting a plan to use an auction system to help ration available supplies in the event Russia cuts off its gas, although some fear it could ...

A new age of cryptocurrency and NFT projects is upon us. The hype and trends are slowing down. It has resulted in the recent cryptocurrency crash, where Bitcoin has fallen ...

Aptamil maker Danone SA (DANO.PA) has stepped up shipments of infant formula from Europe to the United States, according to US customs data and shipping consultancy Ocean Audit, which ...

The rouble extended recent gains on Friday and crossed the 60 mark against the dollar for the first time since April 2018, boosted by capital controls and domestic tax payments that usually ...

Oil prices fell on Friday as investors worried that weakening global economic growth and tighter central bank monetary policy could curb a recovery in fuel demand. Brent futures for July ...

The Bank of Cyprus on Thursday announced that it recorded a profit after tax of €21 million during the first quarter of 2022, €13 million higher than the corresponding period of 2021. Moreover, it ...

The Price Index of Construction Materials reached a historically high level in April 2022, with the prices of construction materials rising by 24.54 per cent year-on-year, according to a report by the ...

The prospect of a Russia sovereign default is moving centre stage again with a deadline for a US license allowing Moscow to make payments expiring on May 25 and $100 million in ...

Soaring inflation, supply chain issues and the hit from the Ukraine war will bring an end to the growth boom India’s IT services industry enjoyed during the pandemic, J....

Lawmakers on Thursday voiced reservations over a government bill that aims to fast-track so-called ‘strategic developments’, pointing out that the legislation itself omits to spell out which investments are deemed ...

Sri Lanka’s central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, but police fired ...

El Salvador’s big bet on bitcoin, which the Central American nation has been buying since September, has soured in recent weeks as a cryptocurrency rout shaved over a third ...

An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc (TSLA.O) from the widely followed S&P 500 ESG Index (....

British Airways owner IAG (ICAG.L) said on Thursday it has agreed to order 50 Boeing (BA.N) 737 MAX jets for delivery between 2023 and 2027, in a vote of confidence in the ...

The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia’s war in Ukraine, which has cut off most ...

Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos on Tuesday afternoon engaged with the local fintech community, during an event on digital assets, entrepreneurship and financial technology. The ...

The Cabinet of Ministers on Wednesday announced the approval of a 20 per cent tax cut for research and development projects. The tax cut is part of the broader strategy of ...

The growth rate of the Cypriot economy in the first quarter of 2022 remained positive, estimated to have risen by 5.8 per cent when compared to the corresponding quarter of 2021, according to ...

The positive year-over-year growth rate of the Cyprus Composite Leading Economic Index continues to slow down in April 2022. The index recorded a year-over-year increase of 2.4 per cent in April 2022, reaching ...

As interest in cryptocurrency is rising and this new form of investment grows, so do the number of tokens on the market. If you’re looking at getting into the ...

Japanese conglomerate Sony Group Corp (6758.T) said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and ...

The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to ...