Business

Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. “To address (Turkey’s) challenges, the mission ...

Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled ...

A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a central bank digital dollar to speed up settlement time in ...

Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement ...

US cryptocurrency exchange Coinbase Global Inc (COIN.O) on Thursday reported a third-quarter loss as high inflation, rising interest rates and geopolitical tensions weakened demand for risky assets, sapping trading ...

Ratings agency S&P on Friday raised Qatar’s long-term sovereign credit rating to “AA” from “AA-“, citing improvements in the government’s fiscal position. “Qatar’s debt interest ...

As the European Commission is finding out, interfering with markets creates unintended consequences and eventually backfires The oil and gas companies cannot get it right, can they? They have been ...

Cyprus has good applied research and that churns out technologies, but it’s missing the funding. A venture capital fund aims to change all that One of the leading contenders ...

American technology giant Apple continued to dominate the tablet market during the third quarter of the year, with a 40.7 per cent share, according to a report released this week by ...

Warner Bros Discovery (WBD.O) posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but investor concerns were tempered by ...

By Maria Demertzis Talking about engaging with Russia while the war in Ukraine grinds on is both difficult and hard to justify. However, the day will come when Putin is ...

EBay Inc’s (EBAY.O) quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished goods and the ecommerce platform reaped the benefits of expanding its ...

WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as well as other features such as bigger group video calls and in-chat ...

Government officials touted what they called the “historic importance” of the ‘Cyprus Tomorrow’ plan at an event held at the Nicosia Mall on Saturday. The ‘Cyprus Tomorrow’ plan is also ...

National investment agency Invest Cyprus on Friday announced that through a mission in Kuwait made a series of contacts and presented to local government officials and investors Cyprus’ business and ...

Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns ...

The Cyprus Investment Funds Association (CIFA) this week announced that Cyprus has been chosen to host the 36th iteration of the International Investment Funds Association (IIFA) conference, something which the ...

Cyprus-based education technology company Gear Education on Friday announced that it has entered into an official partnership agreement with software company Jamf. The primary aim of the collaboration is to ...

Investors put money into cash at the fastest pace at the start of a quarter since the 2020 COVID crisis in the week to Wednesday, as heightened volatility and questions over ...

British new car registrations rose for the third consecutive month in October, up by around a quarter, according to preliminary industry data released on Friday. The Society of Motor Manufacturers ...

The new chief executive of Ukrainian state energy company Naftogaz promised on Friday to boost international investors’ confidence in the firm and provide energy security, despite the war with Russia. ...

Russia wants the West to ease restrictions on state agriculture lender Rosselkhozbank to facilitate Russian grain exports, according to four sources familiar with the request, made during talks to extend ...

Staggering and unacceptable facts revealed by Web Summit survey about women in technology Over the last 12 months, half of the women in the technology industry have experienced sexism in the ...

The biggest downturn since January 2021 hit British services companies last month, although it was not as severe as first estimated, according to a business survey that underlined the tough times ...