Business

Toshiba said on Monday it now aims to split into two companies instead of three, while boosting planned shareholder returns to appease angry investors. The once-storied conglomerate has been battered ...

Ports giant DP World on Monday reported a 9.4 per cent rise in 2021 container volumes, though growth rates moderated in the fourth quarter which the Dubai state company said was expected ...

British house prices in January rose at their slowest monthly pace since June last year as a post-lockdown boom in the housing market started to fade and a growing cost-of-living ...

By George Coucounis Very often, builders are employed to carry out repairs, construction or extensions in houses or other buildings, even to build them. The builder or the contractor, before ...

More than two years after the contract signed to build a liquefied natural gas import terminal at the port of Vasilikos, the project is stuck at 4 per cent at most, ...

Facebook’s parent Meta Platforms said on Friday it is launching a tool for people using its virtual reality social platforms to maintain personal space boundaries, as concerns have mounted ...

Apple Inc (AAPL.O) is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with ...

Staff at Tesco (TSCO.L) deserve to be protected from inflation and it was wrong for the governor of the Bank of England to tell workers to restrain their demands ...

Sony announced on Monday that it had completed its acquisition of game developer Bungie, the studio behind multiplayer first-person shooter Destiny, as well as the original creators of Halo, a ...

By Andreas Charalambous and Omiros Pissarides The circulation of the euro began 20 years ago, two years after it was formed virtually. This article aims to critically evaluate the evolution of ...

By Savvakis C. Savvides The cannibalisation of natural monopolies Monopoly power is the Achilles heel of a laissez-faire economic system. Adam Smith, for many the father of capitalism, was one ...

The current project has a long, and likely tortuous, way to go This is further to my article in the Cyprus Mail last Sunday. Since then, the debate over the ...

Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and ...

British new car registrations are likely to grow less strongly in 2022 than previously thought due to the cost-of-living squeeze and ongoing supply problems, the Society of Motor Manufacturers and Traders (...

Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as four storage companies scramble to resume operations after ...

A day after Facebook owner Meta Platforms (FB.O) suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day ...

In today’s digital age, the influence of social media cannot be underestimated. Many individuals and businesses hinge their success on platforms like Instagram, making it essential to amass a ...

American painter James Whistler believed that artists aren’t paid for their labour, but rather for their vision. When creative possibilities are endless, a creator’s perspective, sense of aesthetics ...

By Maria Demertzis Non-fungible tokens, or NFTs, are the next hype in the crypto world. According to Collins Dictionary ‘NFT’ was the 2021 word of the year. But what are they ...

According to the Cyprus Statistical Service (Cystat), inflation in Cyprus reached 5.4 per cent in January, while the Consumer Price Index (CPI) fell by 0.53 units to reach 104.57 units. The CPI stood ...

From Hershey to Clorox (CLX.N) and Kleenex maker Kimberly-Clark (KMB.N), major consumer-products companies have announced plans to boost US prices further or more broadly than previously proposed this ...

Work to build the LNG terminal at Vasiliko is expected to start around the end of February with a view to delivering the multi-million-euro project by July 2023, the Cyprus News ...

The euro was on track on Friday for its best week versus the dollar since the COVID-19 pandemic hit, after a hawkish turn by the European Central Bank (ECB) sent ...

Faced with deal fees in the Gulf region a fraction of those in markets elsewhere, many Dubai bankers are handing in their notices, attracted by the lure of cashing out, ...