Business

Reservation fees are not refundable if the interested party backs out of the purchase A property owner may take a reservation fee from an interested purchaser in exchange for taking ...

Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with ...

JPMorgan said on Monday it expects Turkey’s central bank to hike interest rates to 25 per cent from the current 8.5 per cent at its June meeting, adding this could come ...

I have studied the proposal of the new government for how foreigners, from outside the EU, can become permanent residents and I’m trying to understand its purpose. Is the ...

French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge from 75 food companies including Unilever (ULVR....

A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their ...

Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a ...

Here are the top business stories in Cyprus from the week starting June 5: Cypriot firm Ask Wire on Thursday released a report examining the Paphos property market for 2022, including an ...

Alphabet’s (GOOGL.O) Google and Microsoft (MSFT.O) are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled ...

An emerging technology to fish for lobsters virtually ropeless to prevent whale entanglements is exciting conservationists, but getting a frigid reception from harvesters worried it will drive them out of ...

Meta Platforms (META.O) on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a “private broadcast messaging product.” Users in Colombia ...

A small minority will not be allowed to tarnish Cyprus’ reputation, which has been built over many years, President Nikos Christodoulides said on Saturday. Addressing the bank worker’s union, ...

Newcastle United signed a multi-year shirt sponsorship deal on Friday with a Saudi Arabian company linked to the club’s owners, an agreement which may be scrutinised under the Premier ...

Construction costs and demand keep property prices high Housing prices in Cyprus continued their upward trajectory in the fourth quarter of 2022, driven by both increased construction costs and rising demand, ...

The total solvency ratio of the Cypriot banking sector remained stable at 21.2 per cent at the end of December 2022, the same level as in September 2022, which was the highest point ...

Erdoğan’s re-election as Turkish president means that Ankara’s relations with its Western allies will remain turbulent. The West should expect a bumpy ride. By Luigi Scazzieri On ...

Amazon (AMZN.O) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top court said on Thursday, ...

Cyprus cannot consider itself an energy hub despite its deposits of offshore hydrocarbons, and as long as the gas remains in the ground, it will never generate the wealth associated ...

AstraZeneca (AZN.L) said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases. The agreement ...

Crypto exchange Binance.US said on Thursday it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels as early as June 13, ...

Boltonshield is a cybersecurity company specialising in delivering comprehensive Offensive and Defensive Cybersecurity services “Our team provides continuous monitoring services, leveraging advanced threat intelligence tools and techniques to detect and ...

President Nikos Christodoulides told a prestigious conference in London on Friday that his vision for Cyprus was for the island to be an attractive destination for foreign investors. He also ...

With its impressive growth and disruptive potential, TMS Network (TMSN) has become a formidable contender, striking fear into holders of Cosmos (ATOM) and Aave (AAVE). In the rapidly evolving world ...

Lebanon must take urgent action on comprehensive economic reforms to avoid “irreversible consequences” for its economy, the International Monetary Fund said on Thursday. IMF spokesperson Julie Kozack told reporters that ...