Business

Average weekly earnings +6.4 per cent yy, stronger than forecasts BoE watching pay growth as it gauges next rate hike move Jobless rate holds at 3.7 per cent, close to five-decade low ...

The turnaround in the crypto industry is a positive development for many investors. Since the turn of the year, several crypto projects have turned bullish. Some notable examples are Avalanche (...

The Cyprus Economy and Competitiveness Council on Monday said that Cypriot businesses can become better equipped to offer more value to their customers by exploring the possibility of mergers and ...

Renault SA (RENA.PA) and China’s Geely Automobile Holdings (0175.HK) are working to finalize a deal to bring Saudi Arabian state oil producer Aramco (2222.SE) in as an investor ...

Bank of Israel policymakers expressed concern that the new government will boost spending too much and harm its ability to return inflation to its 1-3 per cent annual target. Minutes ...

Minister of Labour, Kyriacos Koushos, will hold a new meeting withtrade unions and employers’ organisations over CoLA on Tuesday. The meeting is being held in an ongoing an attempt to ...

The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. “Amidst ...

French multinational hospitality company Accor, which owns, manages and franchises hotels, resorts and vacation properties, has announced that it will soon open a new hotel in Cyprus. Accor is the ...

British retailer Marks & Spencer (M&S) (MKS.L) plans to open 20 new stores creating 3,400 jobs throughout Britain, The Times reported on Monday. The 138-year old clothing and food ...

Sainsbury’s (SBRY.L), Britain’s second biggest supermarket group, has linked up with online meal ordering and delivery firm Just Eat Takeaway (TKWY.AS), to add faster home delivery ...

Toyota Motor Corp (7203.T) on Monday said it expects to produce as many as 10.6 million vehicles this year, while warning of downward risk to its projection if it faces an ...

A meeting between the energy and finance ministers, and unions representing workers at the Electricity Authority (EAC) has been rescheduled for this coming Friday. The meeting had been set for ...

Europe is set to ban imports of Russian oil products on Feb. 5 in a move that is already causing massive shifts in global diesel trading. Buyers are rushing to fill ...

Leading global communication service provider Tototheo Maritime on Monday announced that it has added Starlink’s new low latency high-speed connectivity to its portfolio of services. “This marks a new ...

In recent market activity, two lesser-known cryptocurrency players have emerged as major gainers. JasmyCoin (JASMY) and Orbeon Protocol (ORBN) have seen tremendous growth, with JASMY experiencing a 27% increase in value ...

724 billion euro package agreed less than 2 years ago Extending disbursement beyond 2026 would need unanimity Countries already behind in commissioning projects Recipients blame rising costs of raw materials Member states already ...

What is in store for us regarding real estate in Cyprus? In 2022 we saw a positive trend with new sales rising by 35 per cent in deposited real estate sales contracts. ...

Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions ...

Vkusno & tochka, the Russian successor brand to McDonald’s (MCD.N), has applied to have its trademarks registered in neighbouring Kazakhstan following the US company’s exit from its ...

Disposition made with intent to defraud a creditor is deemed to have been made fraudulently and may be set aside by a court order The court can set aside disposition ...

Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way for the start-up to obtain a UK banking licence, two people ...

German carmaker BMW (BMWG.DE) is planning a new major investment in the central Mexican state of San Luis Potosi, where the company already has a plant, Mexican Foreign Minister ...

Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year for equities, though many analysts are skeptical the ...

Porsche AG (P911_p.DE) will ensure that familiar software platforms like Google and Apple will be accessible for its customers, a spokesperson said on Tuesday following reports that it ...