Business

Loan restructuring jumped 400 per cent year-on-year in the first half of 2021, after the expiration of an installment moratorium due to Covid, Central Bank Governor Constantinos Herodotou said on Monday. Herodotou ...

Their refusal gives a tenant the right to be heard even though the rent has not been paid The behaviour of a landlord and a tenant is examined by the ...

Frank Appel, the chief executive of German logistics company Deutsche Post (DPWGn.DE), is the favourite to become the next supervisory board chairman of Deutsche Telekom (DTEGn.DE), two sources ...

We often wonder whether we appreciate how lucky we are to have been born and live in Cyprus. When looking at what is happening all over the world including in ...

Telecom Italia’s (TIM) top shareholder Vivendi (VIV.PA) is open to discussing the possibility that the Italian government wins control of TIM’s fixed-line network, a spokesperson for the ...

Some of China’s major property developers are planning to issue asset-backed securities in the near term, a further sign that regulators are marginally broadening financial channels for developers amid ...

How the academic and research community can transform their findings into innovative, real-world solutions and applications was the focus of an event last week that looked at the growing technology ...

Israel’s Property and Building Corp (PTBL.TA) said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan for $855 million to New York-based real estate firm ...

Paramedics with jetpacks, border police in flying cars and city workers commuting by drone all sound like science fiction – but the concepts are part of a advanced air mobility (AAM) ...

British supermarket group Sainsbury’s (SBRY.L) has postponed all Christmas parties until the new year, fearing the emergence of the coronavirus Omicron variant could lead to higher staff absence ...

Britain’s finance minister Rishi Sunak is preparing to cut income tax by 2 pence to the pound or to slash rates of Value Added Tax (VAT) before the next election, ...

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12 per ...

Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilise shortly and he again promised low interest rates, after a historic plunge in ...

British airline easyJet confirmed earlier this week that it will retain its Holiday Protection Promise until 2022 in a bid to provide additional certainty during customers’ booking process. “We know this ...

The Bank of Cyprus has become the first bank in Cyprus to set up a dedicated management unit for technology companies that relocate to the island. The new technology hub ...

Company executives are beginning to consider different permanent work models for their employees as the coronavirus pandemic, and the spread of the Omicron variant, destabilize their latest return-to-office plans. With ...

Total new loans granted by Cyprus’ banks decreased by € 72.6 million in October 2021, compared to the previous month, mainly due to the significant reduction of new loans to non-financial corporations for ...

Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy at short notice if oil demand collapsed due to a rising number ...

Royal Dutch Shell (RDSa.L) said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists ...

Sterling edged lower on Friday as the potential for earlier Federal Reserve interest rate hikes strengthened the dollar overnight, although pandemic uncertainties continued to weigh on the broader forex market. ...

Turkey’s annual inflation jumped more than expected to a three-year high of 21.31 per cent in November, data showed on Friday, further exposing the risks of recent aggressive rate cuts ...

Advantages It’s easier to make your specialist from scratch Each person, consciously or not, drags his or her professional background to a new job: the work habits, norms, and ...

The modernisation of internal procedures and the adoption of a more open approach were highlighted as urgent necessities in a report by the Cyprus Ports Authority released this week. The ...

According to a report released by the Cyprus Statistical Service (CyStat) this week, Cyprus’ GDP growth rate in real terms during the third quarter of 2021 is positive and estimated at 5.5 ...