Business

As Congress looks to advance its $1.75 trillion spending package this week, wealthy individuals are already planning ways to avoid paying for it. Lawmakers are expected to vote on Democrats’ social ...

A planned pan-European payments network backed by 22 banks to compete with US duo Mastercard and Visa appealed on Tuesday for public money, saying its private backers were not prepared to ...

Cyprus Deputy Minister for Tourism Savvas Perdios said that the current level of tourist arrivals has been deemed satisfactory. Tourist arrivals between January and October of this year amount to 45 ...

The digitisation of banking services is ‘not an option, but an urgent need’, the Hellenic Bank CEO Oliver Gatzke said on Monday at The Economist’s annual Cyprus Summit in ...

Tesco, Britain’s largest retailer, was the only one of the country’s big four grocers to grow sales in the last 12 weeks, increasing its sector dominance in the run-up ...

Saudi Arabia has granted citizenship to a group of expatriates including doctors, clerics and academics, becoming the second Gulf Arab state to introduce a formal naturalization programme for foreigners with ...

Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4 per cent on Tuesday as it extended a decline through a week that also included an upgrade to its ...

British employers hired more people in October after the government’s job-protecting furlough scheme ended, potentially easing the lingering concerns at the Bank of England about the risks of raising ...

Royal Dutch Shell’s decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. As the ...

Tightening monetary policy now to rein in inflation could choke off the euro zone’s recovery, European Central Bank President Christine Lagarde said on Monday, pushing back on calls and ...

The cabinet has decided to increase the government subsidy for the ferry connection between Cyprus and Greece by €500,000 due to the rise in fuel prices. The increase brings the total ...

The Bank of Cyprus announced on Monday that it had successfully completed the sale of a non-performing loans (NPLs) portfolio with a gross book value of €577 million, bringing its NPL ...

China’s industrial output and retail sales grew more quickly than expected in October, despite fresh curbs to control COVID-19 outbreaks and supply shortages, but the slowing property sector weighed ...

International Business Machines Corp(IBM.N) and Amazon.com Inc’s Amazon Web Services (AMZN.O)said on Monday they would work together to extend the reach of a set ...

Samsung Electronics (005930.KS) vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on the company’...

Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes ...

As you may know already, payday loans are debt traps, primarily due to their short-term nature and very high-interest rates. However, that may not last for long due to the ...

If an issue arises during execution, the registrar applies to the court for directions The order for the eviction and surrender of possession of a property, like any other order ...

We have been looking through the announcements published in the local press regarding the closing of Era Korivos department store, both by the municipality of Paphos and its owners. We ...

Volvo Cars (VOLCARb.ST) wants to build a third factory in Europe by the middle of the decade, its CFO Bjorn Annwall told German paper Automobilwoche on Sunday, in order ...

UK ministers are expected to order an in-depth investigation of Nvidia Corp’s (NVDA.O) planned 30 billion pounds ($40 billion)acquisition of British chip designer ARM over antitrust and national security ...

Saudi Arabian Airlines is in talks with Airbus (AIR.PA) and Boeing (BA.N) for a wide-body jet order, with a decision expected next year, its chief executive said on ...

BMW denied reports by Automobilwoche on Sunday that it was interested in buying McLaren Automotive, while Volkswagen’s (VOWG_p.DE) Audi said it was open to cooperation opportunities, without ...

Airbus (AIR.PA) shaved its forecast for total commercial airplane demand by 0.5 per cent compared with pre-pandemic projections on Saturday, offset by a brighter outlook for freighters as jetmakers fight ...