Business

European Central Bank policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may be losing trust in ...

Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal Reserve Chair Jerome Powell signalling the US economy would need tight monetary ...

Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia. ...

Suzuki Motor Corp (7269.T) will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become ...

Our organisation’s global purpose is to make an impact that matters. We aim to create better futures, by transforming organisations for a sustainable and prosperous world. “It is my ...

By Andreas Charalambous and Omiros Pissarides The socioeconomic environment has been changing rapidly. The risk of recession in the EU is increasingly becoming visible while inflation, although depicting signs of ...

As technological advancements usher in sweeping changes across the entire economy, the banking sector could not be an exception. Hellenic Bank saw the need for digital transformation in the banking ...

Sixty seven per cent of Cyprus businesses, and 55 per cent across Europe, had achieved an elementary level use of digital technology in 2021, a Eurostat report shows. Elementary level is defined ...

Leptos Group has been at the forefront for utilising intelligent urban planning and sustainable strategies based on new and innovative technologies regarding energy, water, waste, and lighting, aiming to reduce ...

Computer shipments experienced a decline for the second quarter in a row at the end of the first half of the year, hindered by issues on both the demand and ...

Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds ...

Rising demand for electric vehicles (EV) around the world is encouraging automakers such as Tesla Inc (TSLA.O), Volkswagen (VOWG_p.DE) and Stellantis NV (STLA.MI) to step up ...

Afterpay, the Australian payments firm bought by Jack Dorsey’s Block Inc (SQ.N), and Australia’s Westpac Banking Corp (WBC.AX) ended a partnership after the firm cancelled a ...

Staff at London’s Stansted have begun voting on whether to take strike action in a dispute over pay, the Unite Union said, threatening disruption at one of Britain’s ...

Demetris Nicolaou joined the bank in 2017 to lead its Digital Transformation Programme – an ambitious 3-year initiative to kick-start the bank’s digital capabilities. As part of this, they have modernised ...

Prices have turned bullish in the cryptocurrency markets, but the overall situation is still bearish. With the value increases seen in altcoins, it can be seen that investors are starting ...

Cyprus has always exhibited tremendous resilience throughout its short history as an independent country to bounce back from catastrophic events and external shocks. To achieve this feat, it has had ...

By their very nature, entrepreneurs are usually pioneers. They are willing to take risks as they disrupt established industries and ways of doing things to introduce new ideas or products. ...

The British government’s options to support people facing sky-rocketing energy bills include handing loans to energy suppliers that could cut bills by up to 500 pounds ($587) a year, the Daily ...

In recent times, making money through blockchain technology-protected cryptocurrency is getting increasingly popular and widespread. Depending on the trend and the value of the cryptocurrency, initial investments can have returned ...

The pandemic brought to light a great deal of financial, economic and operational weakness across the world. This prompted organisations across all industries to double down on business reliance planning, ...

The balance of deposits in Cyprus amounted to €51.2 billion, while the balance of loans to €28.6 billion in July 2022, registering a net decrease compared to June, according to a report published ...

By Ioannis Tirkides The current time and the next period for a number of years at least, will be more treacherous for monetary policy. This is because the era of ...

Fintech firm Bespoke Financial is looking to expand its ‘buy now pay later’ service for cannabis businesses in California and Massachusetts later this year, its Chief Executive George Mancheril said ...