Business

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recovery and Resilience plan, warning that Cyprus risks losing EU funds in ...

Western countries must not trade security for economic profit, NATO Secretary-General Jens Stoltenberg warned on Tuesday, referring to debates over the use of Chinese technology in 5G networks and the ...

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco ...

The crypto winter is into its ninth week and bitcoin can’t shake the chills. From technicals to turnover, market indicators are flashing red or amber for the biggest cryptocurrency, ...

US and European stocks rallied on Monday, with the S&P 500 (.SPX) for the moment moving away from a bear market, while the euro leapt after the European Central ...

Toyota Motor Corp (7203.T) will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage, it said on Tuesday. The company did not ...

The month of May has surely been a month to remember for the crypto community, we have witnessed $1.5 trillion being wiped off the value of the market and some of ...

The vision of green transition and the course Cyprus is called to follow towards it, were the topics of an address by the president of Disy, Averof Neophytou, in the ...

The number of investment institutions increased from 257 in December 2021 to 273 in March 2022, according to a report on Monday published by the Central Bank of Cyprus (CBC). Moreover, for the same ...

Lebanese banks are planning to close their branches in Cyprus, following a decision by the Lebanon Central Bank, according to a report by the Cyprus News Agency (CNA) released on ...

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format – delivering cold beer on demand to consumers still ...

India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has ...

Exploratory drilling for natural gas in waters off Cyprus is currently underway, the government said on Monday. The well is being drilled by the Tungsten Explorer rig on behalf of ...

Cyprus continues to experience excessive macroeconomic imbalances, the European Commission said on Monday during the presentation of its 2022 European Semester Spring Package. “Overall, vulnerabilities are receding and are falling below ...

Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments, announced during ...

Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud service provider VMware Inc (VMW.N), people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ...

Drugmaker AstraZeneca (AZN.L) said on Monday its COVID-19 vaccine, Vaxzevria, has been approved in the European Union by the bloc’s drugs regulator as a third-dose booster in adults ...

Tether, the world’s largest stablecoin, said on Thursday it has boosted its holdings of US government debt while cutting exposure to riskier assets, the first look at its reserves ...

Oil prices gained on Monday with US fuel demand, tight supply and a slightly weaker US dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled ...

For the locals, it is common to own shares of real estate. This form of shared freehold ownership comes about mainly through inheritance as parents pass on one propert to ...

Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market ...

The 10-minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic-fuelled property boom, eating ...

BMW (BMWG.DE) is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas, the carmaker’s production chief told Reuters on Monday, warning ...

Israel Discount Bank (DSCT.TA) reported a higher-than-expected rise in quarterly profit that was boosted by higher financing income and a one-time gain. Discount, Israel’s fourth-largest bank by assets, ...