Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9 per cent, its highest in five and a half years, from 25.8 per cent in January, data from ...
Crypto-focused bank Silvergate Capital Corp (SI.N) said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of ...
Avalanche (AVAX) and Polygon (MATIC) have experienced a huge increase in trading volume lately. This proves once again that Avalanche (AVAX) and Polygon (MATIC) are catching the attention of more ...
Equities revenue plummeted 95 per cent in the fourth quarter
Bank earlier informally looked at options for unit
Bank declines to comment on ‘rumours and speculation’
At the grandiose Fontainebleau Miami ...
2023 is sure to be an exciting year in the world of cryptocurrencies, with a vast array of options for investors to choose from. Three tokens, in particular, have been garnering ...
The European Bank for Reconstruction and Development (EBRD) said on Thursday that it will invest up to 1.5 billion euros ($1.6 billion) in the next two years to support reconstruction and recovery ...
The trillion-dollar market for cryptocurrencies has attracted a lot of interest from both institutional and retail investors, making them the best investments in the financial world.
To diversify their holdings ...
With hundreds of tokens out there in the crypto world, crypto investors are often faced with the dilemma of which cryptocurrency to buy and HODL. Often, investors are stuck in ...
The hybrid working model is here to stay and may offer an advantage for Cypriot businesses competing for domestic and international talent, Kyndryl Cyprus general manager Marios Kapiris said on ...
US-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – ...
The Cyprus Computer Society this week released a statement congratulating Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias for his recent appointment to the role.
“The Cyprus Computer ...
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion ...
The Cyprus Computer Society this week released a statement congratulating Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias for his recent appointment to the role.
“The Cyprus Computer ...
Executives and officials from some of the world’s top oil and gas companies said on Tuesday energy markets are balanced now, but could easily be disrupted due to tight ...
Record performance in 2022 reaching a 40 per cent increase in overall subscriber base and a 19.4 per cent increase in revenue.
Highlights of 2022 performance:
40 per cent increase in subscriber base
102 per cent ...
The Cyprus-based fintech company, Armenotech, will be actively participating in central bank digital currency (CBDC) projects internationally in 2023. The company is considering taking part in three ventures, two of which ...
Heineken (HEIO.AS) on Tuesday blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it still planned to exit the ...
The Research and Innovation Foundation (Idek) on Wednesday announced that it has concluded an agreement for its participation in the Academianet Network, with the aim of strengthening women’s activity ...
Cyprus Airways on Wednesday released passenger results for February, reflecting impressive improvement over the previous year.
According to the Cypriot airline’s announcement, the company carried 19,509 passengers in February, compared ...
Inflation expectations among eurozone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European Central ...
For anyone who has even a passing interest in the world of finance or cryptocurrency, the name ‘FTX’ will forever be associated with the dark side of crypto and finance ...
Rivian Automotive (RIVN.O) plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers.
Shares in ...
Salesforce Inc (CRM.N) said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial ...
A concert cellist linked to Vladimir Putin moved millions through Swiss bank accounts without any proper checks, prosecutors will allege on Wednesday, in a case that highlights the murky financial ...