Business

Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while politicians have yet to ...

Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan ...

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series “Bridgerton” returning for ...

More and more cutting-edge technologies are finding their way to industrial applications, Alibaba’s Damo Academy, set up in 2017 to find solutions to global challenges through scientific and technological research ...

People should get back to the office to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of ...

Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as a global shortage ...

By Andreas Charalambous and Omiros Pissarides The importance of financial literacy has been increasingly acknowledged in recent years. Many analysts consider financial illiteracy, defined as the lack of skills and ...

Its stability has been assured after weathering two major crises By Maria Demertzis Anniversaries are always a good time to reflect. The euro celebrates the 20th anniversary of its introduction ...

Property prices in Cyprus rose during the third quarter of 2021, a report by the Central Bank of Cyprus released on Friday revealed. According to the central bank’s quarterly report ...

The annual Harmonised Index of Consumer Prices (HICP) rate in December 2021 reached 4.8 per cent, primarily fueled by rising energy prices, equaling the respective level of October 2008. According to data released ...

Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a return to ...

Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty. The ...

Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the ...

Piraeus Bank (BOPr.AT) has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the bank said ...

Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc ...

Interest in real estate is recovering, both in coastal resorts and in large cities. The start of 2021 has been rather challenging. After the first year of the coronavirus pandemic, the ...

Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment ...

What do we understand by tax optimization? As the name suggests, tax optimization refers to the usage and implementation of processes that can reduce an individual or company’s tax ...

Have you ever been in a situation where you wanted to purchase something, but you didn’t have enough money? You can always borrow money from relatives or friends In ...

The Central Bank of Cyprus (CBC) announced on Thursday that it has signed a new collective bargaining agreement with the Cyprus Union of Bank Employees (Etyk). “Today’s agreement is ...

New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc (COIN.O). The salary ...

Cypriot biotechnology NIPD Genetics announced on Thursday that the agreement to sell a 68.3 per cent stake in the company to diagnostic services company Medicover was officially completed earlier this month. ...

Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp (MSFT.O) agreed to buy “Call of Duty” maker Activision Blizzard (ATVI....

Innovation is finally weakening the market grip of Britain’s “Big Four” banks, but “challenger” lenders are finding it slow and expensive to build up market share, the Financial Conduct ...