Business

The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and said it would begin trimming its bond holdings ...

The blue shirt worn by Diego Maradona when he scored two momentous goals to knock England out of the 1986 World Cup, including the so-called ‘Hand of God’ goal, has sold ...

Norway’s $1.2 trillion sovereign wealth fund is prepared for a rocky ride as it confronts the biggest geopolitical changes in three decades, its chief executive said on Tuesday. “We probably ...

Stellantis (STLA.MI) has agreed to buy the Share Now car-sharing business from BMW (BMWG.DE) and Mercedes-Benz (MBGn.DE) as the two German groups focus more on the software ...

Oil prices bounced on Wednesday ahead of an announcement by the US Federal Reserve and further sanctions on Russia by the European Union, offsetting demand worries in top importer China. ...

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have ...

There were very few coins that started the first quarter of 2022 with an upward trend. Two of these are Shiba Inu (SHIB) and Dogecoin (DOGE), two coins that have gained ...

Video game lovers and players will be excited about the new rise of GameFi cryptos like Pac-Man Frog (PAC) which has created a new way to monetize and earn from ...

Over the years, the way people conduct business has changed dramatically. This is especially true after the Covid -19 pandemic struck the whole world. Many businesses were forced to close, ...

By Yiannis Seitanides Hellenic Bank will lay off more than 10 per cent (350) of its work force and shut down 20 branches by the end of the year, as part of a ...

Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all new bond issuance in the region, according to ...

Cyprus’ Fiscal Council on Tuesday announced that it has approved the forecasts and estimates submitted through the Stability Programme. The council also warned that if there is any delay in ...

Cyprus Chamber of Commerce and Industry (Keve) president Christodoulos Angastiniotis earlier this week said that the local businesses are now focused on enduring the current economic crisis. “The business community’...

Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Inc (TWTR.N) and tying up ...

BP (BP.L) boosted its share buyback programme after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy ...

Oil prices slipped on Tuesday in a second day of thin trading in Asia, pulled in opposite directions by China’s COVID-19 lockdowns, which could weigh on fuel demand, and ...

Alphabet Inc’s (GOOGL.O) Google will provide any US business with over $100,000 worth of online courses in data analytics, design and other tech skills for their workers free of ...

The cryptocurrency market is always full of surprises, with tokens coming and going, reaching all-time highs, and declining a week after. This is why it is always good to stay ...

US natural gas production growth is waning at the same time many countries are looking for new suppliers to help break their dependence on Russian gas after Moscow’s invasion ...

Saudi Arabia’s economy grew by 9.6 per cent in the first quarter of 2022, compared to a year earlier, according to flash government estimates on Sunday, as a recovery in the ...

Debt as a percentage of Gross Domestic Product (debt ratio) of households has decreased by nearly 30 per cent and for non-financial corporations 57 per cent in the last five years, the ...

The Retail Turnover Value Index increased by 7.7 per cent in March 2022 in comparison to the corresponding month of the previous year, according to data published by the statistical service on ...

Finance Minister Constantinos Petrides on Monday pledged support for vulnerable groups in the face of growing inflation and rising costs. He conceded that the next few years would be difficult, ...

Volkswagen’s (VOWG_p.DE) premium brands Audi and Porsche have decided to join Formula One, Volkswagen Chief Executive Herbert Diess said on Monday. There has been speculation for several ...