Business

By Andreas Charalambous and Omiros Pissarides The experience with the pandemic has brought to the surface the age-old issue of the role of the central government and its importance towards ...

Developing countries, especially in Africa, Asia, and Latin America, are the leaders in cryptocurrency adoption. Although only El Salvador has made Bitcoin a legal tender, several governments, institutions, businesses, and ...

Electric vertical takeoff and landing aircraft (eVTOL) maker Eve, part of Brazilian planemaker Embraer (EMBR3.SA), is planning to go public in the fifth such debut as investors bet on ...

Intel and Italy are intensifying talks over investments expected to be worth around 8 billion euros ($9 billion) to build an advanced semiconductor packaging plant, two sources close to the matter told ...

A Moscow court on Friday said it was fining Alphabet’s Google (GOOGL.O) 7.2 billion roubles ($98 million) for what it said was a repeated failure to delete content Russia deems ...

Turkey’s lira was on track for its strongest week on record on Friday, having spiked 44 per cent with the support of billions of dollars of state-backed market interventions and ...

The Human Resource Development Authority of Cyprus (Anad) announced on Thursday that it has allocated a budget of €23.3 million for a raft of training programmes, applicable to both employed and ...

Fitch Ratings announced earlier this month that it has affirmed insurance company CNP Assurances’ financial strength rating at A+ and its outlook to stable. International French group CNP Assurances is ...

Cyprus announced on Thursday its commitment to contribute €5.77 mln as a donor country, in the context of the remote meetings held on 14 and 15 December for the $93 billion replenishment package of ...

British companies found it increasingly difficult over the course of this year to trade with the European Union under the terms of the Brexit trade deal struck with the bloc, ...

US auto safety regulators said Wednesday they have opened a formal safety investigation into 580,000 Tesla vehicles sold since 2017 over the automaker’s decision to allow games to be played on ...

European shares ended on Wednesday at near one-week highs, led by gains in technology and industrial stocks, even as investors worried about the outlook for global recovery amid a rise ...

British car manufacturers had their slowest November in 37 years as the sector struggled to cope with the impact of the coronavirus pandemic on global supply chains, industry data showed on ...

Ryanair (RYA.I) on Wednesday more than doubled its annual loss forecast and cut its January traffic estimate by 33 per cent, blaming travel restrictions in France, Germany and Morocco following ...

Cypriot biotech company Embio Diagnostics announced this week that it has successfully raised €1m in seed funding from multinational group Asbis, with the investment aimed at accelerating the company’s ...

Meet the movers and shakers of Cyprus’ evolving business landscape. Effective and successful women who continue to break the boundaries across a wide range of sectors, while building a path ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, welcomed on Tuesday the recent signing of the Agreement on the Avoidance of Double Taxation and the Prevention of Tax ...

Orders have been pouring into Andrew Schuman’s candy cane business this year, but business has been anything but sweet. “We’re not taking new orders from new customers,” said ...

The official Xinhua news agency said on Wednesday it will issue a digital media photo collection via non-fungible tokens (NFTs), a first for China and a boost for the blockchain ...

Cyprus was one of the countries where the largest reduction in both primary as well as final energy consumption was recorded last year, according to data released by Eurostat, the ...

Turkey’s economy grew 7.4 per cent year-on-year in the third quarter, meeting expectations on the strength of retail demand, manufacturing and exports, official data showed on Tuesday, though it did ...

Britain’s economy grew more slowly than previously thought in the July-September period, before the Omicron variant of the coronavirus posed a further threat to the recovery later in the ...

Jose Castillo pulled his $60,000 worth of GameStop Corp (GME.N) shares from his brokerage last summer, even though he had no intention of selling them. The 26-year-old information technology worker, ...

Tesla CEO Elon Musk said he had sold “enough stock” to reach his plan to sell 10 per cent of his shares in the world’s most valuable car company, according ...