Business

The rouble soared on Friday to its strongest level against the dollar since late May, close to multi-year peaks, after Russia’s central bank cut its key interest rate by 150 ...

Stubbornly hot US inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance by ...

Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector. Buy Now Pay Later (...

The number of Canadians who own cryptoassets is growing rapidly and efforts to regulate the sector need to start keeping pace, a senior Bank of Canada official said, noting many ...

Ireland and Cyprus as two island nations with maritime history and tradition are facing common challenges Speaker of the Irish House of Representatives Seán Ó Fearghaíl said on Saturday. ...

Economic uncertainty amid the Ukraine war and the European Central Bank rate hikes announcement are pushing Cyprus bond yields upwards in the wider context of sovereign bond sell-off in secondary ...

Tiger Woods has joined Michael Jordan and LeBron James in a select group of elite athletes with a net worth of at least $1 billion, business magazine Forbes reported. The 15-times ...

Global true wireless stereo (TWS) shipments continued their positive trend in the first quarter of 2022, reaching a total of 68.2 million units, according to a report released this week by technology ...

Finding the best altcoins can be difficult due to the large number of options available, but it is unquestionably worthwhile because these currencies can sometimes yield triple-digit returns. This article ...

Global spending on environmental, social, and governance (ESG) business services will grow to €149.3 billion by 2025, according to a study released on Friday by market research company International Data Corporation (IDC). ...

The Chartered Financial Analyst (CFA) Institute, a global association of investment professionals, on Friday awarded the prize of Most Outstanding Society Award 2022 to CFA Society Cyprus. CFA Society Cyprus was ...

By Maria Demertzis In its latest forecast published on 16 May, the European Commission expects inflation in the euro area to be 6.1 per cent and growth 2.7 per cent in 2022. The last ...

Hellenic Bank recorded an after-tax profit of €25.1 million in the first quarter of 2022 and announced that it has already embarked on a 3-year transformation journey to unleash its potential and ...

The Paphos tourism board (Etap) on Friday announced that Ryanair will fly to 32 international destinations from Paphos airport during its 2022-2023 winter schedule, with 90 flights every week during this time. ...

The growth rate for 2022 is expected to be 2.7 per cent, while inflation will rise to 7 per cent, according to the revised June forecasts, published by the Cyprus Central Bank on ...

Turkey’s Treasury said on Friday the fight against inflation remained the top priority in its macroeconomic policy after it and other state institutions announced measures to support an economy ...

The Bank of England said on Friday it was satisfied lenders had taken steps to ensure they were no longer “too big to fail” in any future crisis, though it ...

Oil prices slipped on Friday but remained within touching distance of three-month highs as fears over new COVID-19 lockdown measures in Shanghai outweighed solid demand for fuels in the United ...

Turkey’s lira has lost nearly a quarter of its value this year as soaring inflation and the central bank’s reluctance to raise interest rates stoke fears of another ...

MVPS.net marks its 4th anniversary by launching cloud computing services in Cyprus. Located strategically in a data center in Larnaca, its services are designed to provide excellent connectivity to ...

The year 2022 began on a bright one for the global crypto industry, but there have been conflicting views following a series of unprecedented events, such as cryptocurrency’s nonpartisan role ...

Construction companies and other industry stakeholders continue to be faced with the persisting challenges posed by rising domestic inflation, as well as the adverse effects of global supply chain disruption ...

Cyprus’ trade deficit increased by 22.79 per cent year-on-year in the period January-April 2022, according to preliminary data published on Thursday by the Cyprus Statistical Service (Cystat). The deficit amounted to €2.24 billion, ...

Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients. The move ...