Business

Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necessary. “There ...

Non-fungible token (NFT) marketplace OpenSea has cut 20 per cent of its workforce to reduce costs in the face of a prolonged slump in digital asset markets, the New York-based company ...

Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a ...

‘This winter in Europe will be very, very difficult’ These will probably be the most important elections Cyprus has had for a long time. And it is not just the ...

Open letter to the finance minister By Achilleas Demetriades As part of the ongoing dialogue to tackle soaring prices, I would like to contribute the following ideas. Inflation is the ...

Once the hotel of kings, the Berengaria now has a new lease of life Berengaria, the imposing abandoned mountain hotel with a haunted reputation will be restored to its former ...

Chinese technology company Huawei cemented its position as the country’s second-largest cloud service provider in the first quarter of 2022, according to a report released this month by technology analysts ...

A two-pillar solution to stop the ever-increasing rents There has been a change of pace in the real estate sector in Limassol. The increased demand from the local market for ...

Customers of crypto lender Celsius face a long and anxious wait to know how, when and even if they will get their money back after the company filed for bankruptcy, ...

Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves point to a record number of developing nations now in trouble. Lebanon, Sri Lanka, Russia, ...

Amazon.com Inc (AMZN.O) is pausing the construction of six new office buildings in Bellevue and Nashville to reevaluate the designs to suit hybrid work, the tech giant said ...

Juul Labs Inc said on Friday it is in the early stages of exploring several options including financing alternatives, as the company deals with lawsuits and a probable ban on ...

Paphos hoteliers association Thanos Michaelides on Saturday said the hotel occupancy rate in the district will reach approximately 80 per cent in July, an improvement over June’s 70 per cent. However, ...

Bitcoin came in 2009 with a big only to save the world from the financial terrorism carried out by the fiat-based system. The financial system based on fiat currencies is brutal ...

Airports Council International (ACI) World on Thursday called on global government representatives to agree on a long-term goal for reducing carbon dioxide emissions in the aviation industry. The statement by ...

The last two years have witnessed massive market growth of Blockchain technology and decentralized finance. Today, we see different Blockchain-based ventures coming into existence in the market. You can hear ...

Cyprus’ non-performing loan (NPL) ratio rose to 11.4 per cent in the first quarter of 2022, according to a report released this week by the Central Bank of Cyprus. The NPL ratio ...

By Ioannis Tirkides The economic debate on the minimum wage, either its introduction on a national scale or its raise to a higher level, is no longer as controversial as ...

Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court filingon Thursday, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals ...

The head of the company now running the former McDonald’s Corp chain of restaurants in Russia told RBC TV that producers of French fries are refusing to supply to ...

Etihad Airways on Friday said it would operate all five return daily Abu Dhabi – London Heathrow flights at full capacity until at least the end of the month despite a ...

A UK judge on Friday rejected an attempt by Airbus to invoke a De Gaulle-era law restricting the way it responds to foreign courts, as a high-profile dispute with Qatar ...

Germany’s cartel office said it has since May been investigating the divergence between crude oil prices, refinery sale prices and service station prices but had not yet drawn any ...

Amazon.com said it would recruit 4,000 workers in Britain this year, including at fulfilment centres in Wakefield and Knowsley, taking its permanent workforce to 75,000 and making it one of the ...