Business

Japan’s Toshiba Corp (6502.T) said on Friday it has received interest from 10 potential investors after it solicited buyout offers. It also announced a special dividend of 160 yen per share, ...

The Russian rouble firmed past 63 per dollar in Moscow on Friday for the first time since early February 2020 and touched a fresh five-year high versus the euro, supported by continuing ...

The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed for a big weekly loss after Russia’s decision to restrict gas supplies to ...

The government will continue supporting households and especially the vulnerable amid the rising inflation, Finance Minister Constantinos Petrides had told CNA, warning that tackling inflation is difficult due to its ...

A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a months-long effort to ...

Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. Crypto assets ...

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and ...

The recent approval by the Cabinet of Ministers of a scheme to further incentivise the relocation of foreign workers and companies creates major opportunities for Cyprus, Invest Cyprus CEO George ...

A Moscow law firm that has filed cases against Apple and Netflix over what it says are consumer rights violations is aiming to “punish” other Western companies that have quit ...

Finance Minister Constantinos Petrides on Thursday defended the government’s actions to deal with the recent rise in consumer prices, saying that the measures that have been taken so far ...

Forex trading is one of the options open to entrepreneurs trying to generate revenue for their enterprises. Even though the value has decreased compared to past years, Currency trading still ...

Pressure on Europe to secure alternative gas supplies increased on Thursday after Moscow imposed sanctions on European subsidiaries of state-owned Gazprom and Ukraine stopped a gas transit route, pushing prices ...

Cryptocurrencies extended their sell-off on Thursday, with Bitcoin falling to its lowest levels in 16 months as a stampede out of so-called stablecoins sent shockwaves around broader markets. The latest blow ...

Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) hit to its business during the second ...

The Turkish lira eased a further 0.85 per cent against the dollar on Wednesday, weakening for a fifth session and bringing the currency back towards the lows it hit in late ...

Dubai’s main airport on Thursday reported its busiest quarter in two years as the rebound in international travel gains pace, with its chief executive predicting Dubai International could see ...

By Yiannis Seitanides A significant gap remains as to the way a reduction in staff can be achieved at Hellenic Bank, despite an agreement among stakeholders, including the bank’s ...

Lionel Messi was the world’s highest-paid athlete over the last year, according to the annual Forbes list released on Wednesday that had the Paris Saint-Germain forward ahead of the ...

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the Cypriot property market is not currently going through a bubble, despite the concession that prices ...

Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they scramble to comply with sanctions over the Ukraine conflict and deal ...

Cypriot banks were presented with bad checks worth a total of €438,000 in April, according to data released on Wednesday by the Central Bank of Cyprus (CBC). This is the largest ...

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, on Wednesday announced that it has appointed Yannis Matsis as managing director and head of its office ...

Blockchain needs its own music industry ‘MP3′ moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full potential, industry officials ...

Electronic Arts is parting ways with world football governing body FIFA after a near three-decade partnership and pulling the plug on one of the world’s most successful video-game franchises ...