Business

The average gross monthly earnings of employees for 2021 increased by 3.2 per cent compared to 2020 to €2,067, reaching a decade high. According to a press release by the Statistical Service of Cyprus, ...

EU Energy Commissioner Kadri Simson arrived in Cyprus on Thursday to take part in the inauguration of the works on the EuroAsia Interconnector that are set to start on Friday. ...

Portfolio reviews are an essential step in any investor’s journey. Not only do they provide valuable insights into how your portfolio is performing, but they can also help you ...

All that glitters is not gold. This proverb applies perfectly to many crypto assets. Millions of investors have suffered from the fall of several high-flying cryptocurrencies in 2022. Projects that were ...

Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet with markets showing few signs of stabilising, the BoE ...

Global investors and banks have been voicing confusion about their efforts to convert depositary receipts of Russian companies into ordinary shares in compliance with a new Russian law, according to ...

European Central Bank policymakers are closing in on a deal to change rules governing trillions of euros worth of loans to banks in a move that will shave tens of ...

Oil prices struggled to find a footing on Thursday after easing in the previous session on a weakening global demand outlook. Brent crude futures fell 7 cents, or 0.1 per cent, to $92.38 ...

Israelis are as fed-up with soaring prices as they are with the country’s seemingly never ending elections. In the Nov. 1 ballot – a fifth in less than four years – steep ...

– President Vladimir Putin on Thursday touted Turkey as the best route for redirecting gas supplies to the Europe Union after the Nord Stream leaks, despite the region’s growing efforts ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released an investor guide on financial resilience, highlighting ways in which investors can adapt to a sudden change in their income, ...

Cyprus’ trade deficit increased by €1.53 billion during the first eight months of 2022, compared to the corresponding period from last year, exceeding €5 billion in total value, according to a report based ...

Government employment in Cyprus increased by 0.4 per cent year-on-year in September 2022, with the total number now standing at 52,601 members of staff, according to a report released this week by the ...

Apple Inc (AAPL.O) will start upgrading its iPhone models in India in December to make them compatible with 5G networks, the company said on Wednesday, as Indian authorities pressed ...

Mercedes-Benz (MBGn.DE) and Microsoft (MSFT.O) announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, ...

Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East’s first physically-backed bitcoin ...

Britain’s new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to stand firm in the face of yet ...

Most businesses believe that digital transformation is important for sustainability but are not ready for the transition, a new survey showed on Wednesday. The survey on the technology and digital ...

AstroBank announced on Wednesday the acquisition of QQuant Master Servicer Cyprus Limited, an independent servicer of non-performing loans. The two parties have agreed that AstroBank, which owned 25.1 per cent in ...

Meta Platforms (META.O) unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg’s break into the higher-end market for ...

Bitcoin is the first ever cryptocurrency that has changed the mind of people toward fiat currency. Bitcoin has established a meaningful spot in the marketplace in just a decade. Many ...

Twitter Inc (TWTR.N) is reviewing its policies around permanently banning users, possibly bringing its content moderation in line with Elon Musk’s vision for the social media platform, the ...

UK pension schemes are racing to raise hundreds of billions of pounds to shore up derivatives positions before the Bank of England calls time on support aimed at keeping them ...

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs ...