Business

Goldman Sachs said it was expecting the US Federal Reserve to raise interest rates three more times this year by a quarter of a percentage point each, after data this ...

The Central Bank of Cyprus (‘CBC’) on Friday released a statement informing the public, businesses and depositors that an entity under the name ‘Turkish International Investment Bank’, to which reference ...

Limassol port management company DP World Limassol on Friday announced that it has completed six years as operator of the multi-purpose and cruise terminal, stating that it remains committed to ...

The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency ...

Financial sanctions against Russia have strangled its banks’ profits and wrecked many lenders’ international operations, but one year after Moscow sent its troops into Ukraine how much do they matter ...

As crypto investors look left, right and center for the best tokens to invest in this year, Cosmos (ATOM) and Chainlink (LINK) prices are on an upsurge. Both Cosmos (ATOM) ...

Portugal announced on Thursday a hefty package of measures to tackle a housing crisis, including the end of its controversial “Golden Visa” scheme and a ban on new licenses for ...

NatWest (NWG.L) warned on Friday that rising interest rates may not deliver the long-lasting earnings bonanza investors hope for, even though profit jumped by 33 per cent last year. Shares ...

Running a business requires making important decisions that can have far-reaching implications for your finances. You may be wondering what type of business finance is best for your company and ...

The real estate sector in Paphos experienced a double-digit increase in sales during 2022, with the volume of transactions rising by 31 per cent year-on-year, according to PwC Cyprus’ latest edition of ...

A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing ...

The association of large investment projects (SMA) this week welcomed the decision by the cabinet of ministers to approve the creation of a marina in Paphos, a major project for ...

Nestle (NESN.S) reported weaker than expected full year net profit despite the world’s biggest food group passing on higher raw material costs by hiking prices for customers. The ...

Tesla Inc TSLA.O said it would recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system ...

TUS Airways on Thursday announced the launch of seven weekly direct flights between Larnaca and two large Slovak cities as of this summer. Flights will start to Bratislava and Kosice ...

Former customers of Sam Bankman-Fried’s FTX have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before ...

Greece and Bulgaria will consider reviving a pipeline project to transport crude oil from the Greek port of Alexandroupolis on the Aegean Sea to Bulgaria’s Black Sea port of ...

Activist investors are renewing their years-long efforts to break up some of Germany’s most venerable companies, seeing streamlining as a promising route to reviving share prices as Europe’s ...

With Orbeon Protocol (ORBN) doing so well during phase 7 of the presale, and Fantom (FTM) and Cosmos (ATOM) both recently partnering with large enterprises, now could be the perfect time ...

High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and Development (EBRD) said in ...

The founder of WallStreetBets, which has been credited with helping ignite investors’ frenzy into “meme” stocks, sued Reddit Inc on Wednesday, accusing it of wrongly banning him from moderating the ...

Trading pros have now suggested that investors consider switching from popular projects, such as PancakeSwap (CAKE) and Binance (BNB), to the up-and-coming Orbeon Protocol (ORBN) during the presale. This recommendation ...

Different financial instruments traded in the crypto market have their own time of reign, a period of booming where they reach for the moon. We have experienced the rise of ...

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1 per cent of the country’s gross domestic product this year, the European ...