Business

Japan’s Sony Group Corp (6758.T) raised its full-year profit forecast by 15 per cent on Wednesday after posting estimate-smashing quarterly earnings, propelled by the success of “Spider-Man: No Way Home” ...

Low inflation had spoiled US investors for so long that last year’s sudden surge came as a shock. As those who lived through the late 1970s and early 1980s ...

Amazon will create 1,500 new apprenticeships in the United Kingdom in 2022, it said on Wednesday. The internet giant said it was offering 40 entry to degree-level apprenticeship schemes, including new schemes in ...

The establishment of a new hospitality school in Platres is aiming to tackle both labour shortages in the hospitality industry, as well as the issue of rural flight, people flocking ...

Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. The original digital coin was assailed by thousands of new “altcoin” competitors in 2021 – from Solana and Polkadot ...

Limassol port management company DP World Limassol welcomed the world’s biggest cruise ship on Monday, Royal Caribbean International’s Wonder of the Seas. “It is with great pleasure that ...

The Cyprus Securities and Exchange Commission (CySEC) will further bolster its supervisory framework in a bid to go along with technological developments in the market, CySEC chairman George Theocharides said ...

AT&T Inc (T.N) said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc (DISCA.O) and also ...

The US antitrust review of Microsoft Corp’s (MSFT.O) $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard Inc (ATVI.O) will be handled by the Federal Trade ...

The National Betting Authority generated €192 million in revenue during the third quarter of 2021, reflecting a 12 per cent increase over the corresponding quarter of the year before, according to a report ...

In 2020, renewable energy sources (RES) made up 37 per cent of gross electricity consumption in the EU, up from 34 per cent in 2019, according to data released by Eurostat, the statistical office ...

The New York Times said on Monday it had acquired Wordle, a website-only word game that has seen a recent burst in popularity, for an undisclosed price in the low ...

The Cyprus Stock Exchange (CSE) and Swiss Exchange (SIX) signed an agreement on Monday for the establishment of the post-trade infrastructure necessary to facilitate the dual-listing of Cyprus‘ Euro medium-term ...

High levels of private debt continue to stifle the growth of Cypriot banks, increasing fiscal vulnerability and negatively impacting credit availability, ratings agency Moody’s said on Monday. The agency’...

The Cyprus Economic Society (CES) will be hosting its annual economy panel on Thursday, with the online event delving into Cyprus’ economic outlook and prospects. Among the speakers are Bank ...

The European Startup Universe, the biggest project for EU tech startups, is coming to Cyprus, the non-profit organisation announced earlier this month. The programme, which is scheduled to start on ...

Whether you’re new to investing or an old hand at it, bitcoin can pose some tough questions about when is the best time to buy and sell. Since the ...

Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday. No immediate policy action is expected since the ECB in ...

Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or teleport to see places like ancient Rome, and ...

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices ...

Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...

“The remedy of buying-out is the most common way out of a business” By George Coucounis The purpose of the registration of a company with more than one member is ...

By Antonis Loizou FRICS Following an initial visit to the area of central Paphos under regeneration in 2016, we visited the project again over the Christmas holidays. Admittedly a very good ...

Russian authorities have drawn up a ‘road map’ that envisages restrictions on cryptocurrencies but not a complete ban on trading and mining as advocated by the central bank, a document ...