Business

The International Monetary Fund revised upwards the growth rate of the Cypriot economy, compared to its forecasts for last April. According to the World Economic Outlook (WEO) published on Tuesday, ...

Bitcoin is digital cash having some fascinating and exciting aspects in contrast to the traditional banking system. Satoshi Nakamoto, a Japanese inventor, released bitcoin. It was an electronic cash system ...

Cypriot expat John Christodoulou is currently in the process of becoming the majority shareholder at Omonia Nicosia, according to a report by Cypriot outlet INBusiness News. Reports about Christodoulou’s ...

The Cyprus Investment Funds Association (CIFA), supported by Invest Cyprus, organised and ran an online workshop explaining the intricacies of the EU Recovery and Resilience plan for Cyprus. A number ...

The Ministry of Energy, Commerce and Industry has announced that it has received 652 applications from pre-existing and newly formed manufacturing small-to-medium enterprises (SMEs) who wish to improve their competitiveness. The ...

Under pressure to act as inflation jumps towards double its 2 per cent target, the Bank of England appears to be gearing up to be the first of the world’s ...

Undeniably bitcoin is the leading popular cryptocurrency of all time. However, bitcoin is still an enigma to many people. Bitcoin is an elating payment method that merely has an online ...

ASOS (ASOS.L), the British online fashion retailer, warned on Monday that logistics costs and supply chain disruptions could reduce 2022 profit by more than 40 per cent and said CEO Nick ...

Oil prices rose 2 per cent on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and ...

Saudi Aramco (2222.SE) has asked banks to arrange a loan expected to be in the $12 billion-14 billion range that it plans to offer to buyers of its gas pipeline network, ...

As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives ...

Bribery in the private sector constitutes a criminal offence, and a court will not allow the recovery of any advantage received on its basis. It is a criminal act against ...

Companies that do not adopt the concept of sustainability will find themselves stranded By Yiannis Misirlis At a time when the planet is sounding the alarm, it becomes more necessary ...

Taiwan’s TSMC (2330.TW) and Japan’s Sony Group Corp (6758.T) are considering jointly building a chip factory in Japan, with the government ready to pay for some of the ...

The British government is right to focus on driving up wages, business minister Kwasi Kwarteng said on Sunday, expressing confidence in the Bank of England’s ability to curb rising ...

A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars ...

Egyptian state-controlled payments firm e-finance for Digital and Financial Investments began an initial public offering (IPO) for retail investors on Sunday, an official from one of the banks acting as ...

Boris Johnson has turned to former Tesco (TSCO.L) boss Dave Lewis to fix supply chain problems that have hit the British economy and sparked criticism of the Prime Minister’...

‘We are told nothing and several people in the UK have taken their own lives because of what is being done to them’ It has been around seven years since ...

The first cars to emerge from Tesla’s new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site of ...

Britain’s most energy intensive manufacturers, including producers of steel, glass, ceramics and paper, have warned the government that unless something is done about soaring wholesale gas prices they could ...

Cyprus on Sunday welcomed the agreement reached by the G20 on October 8, marking the long-term efforts to create fair and healthy competition at global level and to safeguard the tax ...

A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in ...

The European Central Bank must think about the exit from monetary and fiscal support deployed during the coronavirus pandemic even if that displeases governments, three of its policymakers said on ...