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.
As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.
The infamously volatile cryptocurrency seems positively hale and hearty, just as a ...
The Association of Cyprus Banks on Tuesday announced that it is teaming up with Junior Achievement Cyprus to carry out the “Spending Smartly” educational programme for the eighth consecutive year.
...
Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt ...
The summary judgment expected in the SEC vs. Ripple case weighs heavily on Ripple (XRP). While the impact on the court case affects Ripple (XRP) directly, it has indirect consequences ...
Top officials from Britain’s financial sector said on Tuesday they would set out a blueprint later this year to “kickstart” London’s role as a post-Brexit global financial centre ...
As the blockchain race heats up, Aptos (APT) is being hailed as the “Solana Killer,” with its potential to outperform the high-speed Solana (SOL). But Fantom (FTM), which has a ...
Cryptocurrency has become a significant financial market, with many digital currencies making their way to the top of the financial charts. Some cryptocurrencies, such as Bitcoin and Ethereum, have proven ...
Turkey halted the transit of Western-sanctioned goods to Russia this month after a year of war in Ukraine and mounting US and European pressure on Ankara for action, a top ...
The banking system in Cyprus is resilient and will continue to support the real economy, the Central Bank assured President Nicos Christodoulides on Monday.
Christodoulides and Central Bank chief Constantinos ...
Cypriots are split on whether it is easy to start a new business here, as well as whether there are robust opportunities for doing so, according to the Global Entrepreneurship ...
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading ...
The Cyprus Maritime and Maritime Institute (CMMI) has released a statement saying that it has launched the Adaptation project, which seeks to promote the green transition in the shipping industry.
...
Goldman Sachs is expecting a pause this week from the US Federal Reserve after a year-long rate increase campaign as Wall Street banks scale back their hawkish expectations in the ...
At an early January meeting of the Virginia Bankers Association, executives were already nervous that Federal Reserve interest rate increases were making it hard to compete for deposits.
“Everywhere I ...
European supervisors tried to stop a rout in the market for convertible bank bonds on Monday, saying owners of this type of debt would only suffer losses after shareholders have ...
Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ...
UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss ...
Hedge fund managers and other large investors believe it is far too soon to call an all-clear on turmoil in the global financial sector even after more than a week ...
Although Bitcoin (BTC) is often considered one of the best crypto investments of all time, for many investors it’s a little too late to get involved. Bitcoin (BTC) requires ...
In the world of cryptocurrencies, the market is constantly shifting and changing. Recently, two popular coins, Solana (SOL) and Shiba Inu (SHIB), have faced significant price drops. As a result, ...
A US official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Silicon Valley Bank’s failure had slowed and in some ...
The economic doom facing the major economy of the world has shifted the sentiments surrounding the Crypto market; having tanked greatly in 2022, Cryptocurrencies like Cardano, Shiba Inu, and RenQ Finance ...
The Finance Ministry on Monday said that Cyprus’ lenders, the European Commission, the ECB and the International Monetary Fund, began the 14th post-programme surveillance of the Cypriot economy
According to ...
Bitcoin hovered near nine-month highs on Monday and has closed out its best week in four years as turmoil in traditional banking drives some investors to turn to digital assets.
...