Business

Hermes Airports said on Sunday the best performing month for 2022, so far, was June, with total passenger traffic surpassing one million using the island’s two airports. Larnaca airport saw 650,519 ...

When Doug Milnes started buying cryptocurrencies in January of this year, he felt like it could become an entirely new asset class for investors. Right now what it is making ...

Ferrari (RACE.MI) makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to ...

Jacobi Asset Management said on Thursday that it would launch Europe’s first bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the cryptocurrency’s appeal despite its ...

The fiscal council has sounded the alarm over delays in securing EU funds from the bloc’s recovery plan, casting a gloomy outlook against the backdrop of record inflation and ...

The highly volatile cryptocurrency market is booming with thousands of existing cryptocurrencies and upcoming projects to drive sufficient profit in crypto wallets. Some cryptocurrencies make crypto investors millionaires, while some ...

Hermes Airports on Friday said that it welcomes the decision by the EU Transport, Telecommunications and Energy Council and the Environment Council to adopt the proposals by Transport Minister Yiannis ...

Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to ...

President Nicos Anastasiades said on Friday night he was cautiously optimistic that the island, as in the crisis of 2013 and the Covid-19 pandemic will emerge stronger from the new crisis ...

The Central Bank of Cyprus released a report this week noting that the country’s international investment position (IIP) improved slightly at the end of the first quarter. In addition, ...

Harmonised inflation rose to 9.1 per cent in Cyprus in June compared with June last year, marking a new historic record, pushed by the soaring prices in energy. According to a ...

By Charles Ellinas The news is that the President requested a meeting with the ministers of energy and finance, the Cyprus Energy Regulation Authority (CERA) and the Electricity Authority of ...

Fifteen Black former or current employees at Tesla filed a lawsuit against the electric car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories. ...

Those hoping for immediate relief from the continuous surge in energy prices may be disappointed in today’s meeting on the issue, with top officials instead looking towards longer-term solutions. ...

The Cyprus Chamber of Commerce (Keve) on Thursday successfully held the fourth edition of the Cyprus Diplomat of the Year awards, with Kuwait ambassador Waleed Ahmad Al-Kandari receiving the titular ...

Lebanon’s untamed financial crisis is gathering new menace as it heads into a fourth year, with political paralysis dampening hope of reforms that could unlock foreign support and stave ...

Sterling fell on Friday against the dollar and Swiss franc as renewed fears of a global recession knocked the risk sensitive British currency. After its biggest six-month decline since 2008 against ...

Turkish manufacturing activity contracted for a fourth consecutive month in June as weakening demand prompted companies to curb production, a business survey showed on Friday. Turkey’s Purchasing Managers’ Index (...

Oil prices fell on Friday, extending the previous day’s plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly ...

Not a lot of confidence is going around today’s cryptocurrency investment sphere. With rising inflation and the great crypto crash that happened in May, many investors are taking on ...

Hellenic Bank remains focused on its goal for a long-term positive impact on society and the environment. This commitment is also reflected in the Bank’s Annual ESG Impact Report ...

North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a US company, three digital investigative firms have concluded. The ...

The amount of total deposits in the Cypriot banking system decreased in May, but still represented nearly double the amount of loans, according to a report released by the Central ...

The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, according to a report released this week by the ...