Business

The finance ministry is in the final stages of preparing the list of products for which it is seeking reduced rates of VAT to ease the cost-of-living challenges. Indeed, the ...

Cyprus is the leading beneficiary of European Investment Bank (EIB) support per capita with €250 million in funds received during 2022, EIB president Werner Hoyer said during a visit on Friday. Hoyer ...

A new plan is expected in the coming days to protect the primary home of people belonging to vulnerable groups, the government said on Friday. The plan will come to ...

Cyprus’ tourism revenue experienced a remarkable increase of 41.5 per cent in March 2023, according to a report released on Friday by the state’s statistical service. According to the report, Cyprus’ ...

The Chamber of Commerce and Industry (Keve) on Friday welcomed the law simplifying the procedure for the installation of photovoltaic panels, saying the amendment will promote renewable energy sources. In ...

Airlines will ride the crest of a faster-than-expected recovery and discuss ways of translating climate pledges into action at a summit buoyed by a return to business as usual next ...

Digital and decentralized revolution is brewing as newer innovative projects reform and disrupt the status quo. Amid this exciting change, the hot TMS Network (TMSN)‘s decentralized trading platform has ...

Russian state-owned lender VTB (VTBR.MM) on Friday set the price for its secondary public offering (SPO) at 0.018225 roubles per share, implying a maximum capital raising of 196.5 billion roubles ($2.43 billion). ...

Twitter’s head of trust and safety, Ella Irwin, told Reuters on Thursday that she has resigned from the social media company, which has faced criticism for lax protections against ...

Millions of Cardano holders are worried about the future of the network and of the ADA cryptocurrency, as they have lost a lot of value since making their initial investments. ...

Volkswagen (VOWG_p.DE) will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of the ...

In recent weeks, InQubeta has become the talk of the crypto industry, generating hype and enthusiasm that extends beyond its own community and captures the attention of the wider crypto ...

Cyprus’ general government generated a surplus of €291.9 million in the first quarter of 2023, equivalent to 1 per cent of GDP, according to a report released this week by the Cyprus Statistical ...

Cyprus’ annual inflation rate in May decreased to 3.01 per cent, continuing its downward trend for the seventh consecutive month, mainly driven by a deceleration in the prices of petroleum products. ...

OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance ...

Large US companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expected volatility related to extending the US ...

Cyprus’ Gross Domestic Product (GDP) for the first quarter of the year amounted to €6.2 billion, marking a 3.4 per cent increase on an annual basis when measured in volume and adjusted ...

Eurozone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank rate hikes beyond an increase ...

After months of negotiations, Finland’s Nokian Tyres (TYRES.HE) was on the cusp late last year of finalising a 400-million-euro ($440.32 million) sale of its Russian business. Then Moscow changed ...

After periods of instability in the crypto market, especially with authority platforms having a run-in with financial regulators, the global market is finally on a rebound. Tokens like Fantom (FTM) ...

Eurobank Cyprus this week said that its five-year support programme for non-profit organisation Cyprus Seeds, which aims to bolster the island’s entrepreneurial and innovation ecosystem, has borne fruit, with ...

Port management company DP World Limassol on Thursday released a statement announcing that Simon Pitout has been appointed as the company’s new chief executive officer, effective from June 1, 2023. The ...

If you’re a crypto trader with years of experience, there’s no doubt you’re familiar with how turbulent 2023 has been so far! There have been bull runs and ...

Recently, the cryptocurrency sector saw exciting developments that have made many investors confident. In recent news, Raj Gokal, a prominent figure in the crypto space and Solana (SOL) co-founder has ...