Business

Evgenios Evgeniou, chairman of the Cyprus Investment Promotion Agency, commonly referred to as Invest Cyprus, on Wednesday said that the country’s efforts to attract foreign companies have helped the ...

By Fergus O’Sullivan Yoloco is a platform that aims to revolutionize advertising. Headquartered in Limassol but with a team that spans the globe, the company has set its sights ...

The Central Bank of Cyprus on Wednesday released a report which showed that the outstanding amount of deposits in June reached €51.3 billion. Moreover, the report by the central bank also ...

Economic sentiment improved in July, the University of Cyprus’ Economic Research Centre said on Wednesday. In its monthly bulletin, the research centre says that in July 2022, economic sentiment in Cyprus ...

El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between 2023 and 2025. The operation would be partially funded by reserves allocated ...

The Cyprus Securities and Exchange Commission has received the Great Place to Work® certificate. CySEC is the second public authority that has successfully completed the Great Place to Work® assessment, ...

Cyprus telecommunications authority (Cyta) is participating in the multi-million undersea East Med Corridor (EMC) venture, a data cable that will link Europe with Asia. In an announcement, Cyta said the ...

Better-than-expected earnings from a raft of US and European companies helped steady global stock markets on Wednesday, cutting through gloom caused by rising interest rates and the threat of an ...

The International Monetary Fund said on Tuesday that Egypt needed to make “decisive progress” on fiscal and structural reform as Cairo seeks a new round of support from the fund. ...

Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (...

Ground staff at Deutsche Lufthansa (LHAG.DE) went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season. ...

Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55 a barrel ...

Over recent years, the streamlining process of complex tasks such as automated crypto trading has sparked a unique era of growth for both the crypto and the trading industry. Some ...

Car manufacturers and technology companies are vying for cockpit superiority, a growing sub-segment of the $2.7 trillion global car market. The emergence of digital technology has seen car companies design and ...

Micron Technology Inc (MU.O) on Tuesday said it started shipping its most advanced NAND flash chip made up of 232 layers of memory cells that can support intense data use ...

Tryfon Tseriotis, a company that markets and distributes more than 40 local and international brands, on Tuesday announced that it will be providing its employees with additional days of annual leave ...

Canada’s Shopify Inc (SHOP.TO) is laying off 10 per cent of its workforce, the e-commerce company said on Tuesday, as it struggles with sales growth due to a post-pandemic ...

Deutsche Lufthansa (LHAG.DE) said it was cancelling more than 1,000 flights ahead of a one-day walkout by ground staff scheduled for Wednesday, just as families across Germany head off on ...

Greece’s Independent Power Transmission Operator (Admie) has submitted an official proposal to participate in the share capital to be carried out by the implementing body for the EuroAsia Interconnector. ...

The prospect of another Russian gas supply cut knocked the euro lower on Tuesday, while dollar gains were tempered by mounting uncertainty over the US Federal Reserve’s policy-tightening path ...

Unilever Plc (ULVR.L) raised its full-year sales guidance after beating forecasts with an 8.1 per cent increase in first-half underlying sales as the maker of Dove soap and Knorr stock ...

It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a ...

The US Securities and Exchange Commission (SEC) is investigating whether Coinbase Global Inc (COIN.O) improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News ...

Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after Russia, a key oil and natural gas supplier to the region, cut gas ...