Business

There was an increase in lending rates and a decrease in new loans in July 2022, according to a report released this week by the Central Bank of Cyprus. According to ...

Finance bosses are offering more incentives, including free meals, ping pong and “contemplative spaces” as they battle to get staff back to the office, while concerns about the cost and ...

India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, an industry group told Reuters on Friday, a move that could boost ...

Standard Chartered (STAN.L) and FairPrice Group on Thursday rolled out their digital bank focusing on Singapore’s retail segment, a move that comes on the heels of digital bank ...

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe’s difficulties in securing winter fuel, after saying it had found ...

Ukraine’s state-owned energy company Naftogaz is working hard to increase natural gas production, and could supply gas to European countries in time for next year’s heating season, chief ...

The Turkish central bank’s net international reserves fell $1.26 billion to $12.62 billion in the week to Aug. 26, central bank data showed on Thursday. The exchange rate used by Reuters on ...

An accelerating decline in bond markets is bringing fresh pain for fixed income investors in a year when global bonds have already lost a fifth of their value. Yields on ...

Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China’s COVID-19 curbs and weak global growth continued ...

The International Monetary Fund told the Lebanese state on Thursday its banking secrecy law has not resolved “key deficiencies,” urging officials to make new changes to their first attempt at ...

Russia’s banks lost a combined 1.5 trillion roubles ($24.95 billion) in the first six months of 2022, a top official at Russia’s central bank said on Friday in an interview with ...

Architect and founder of the eponymous firm Yiannis Armeftis on Thursday said that environmental policies and the various measures that facilitate them could help mitigate the severe energy crisis currently ...

US federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder ...

The Retail Trade Turnover Value Index increased by 11.4 per cent in July 2022, compared to the corresponding month of the previous year, while the Retail Trade Turnover Volume Index increased by 1.5 ...

The fiscal accounts of the general government generated a surplus of €141.8 million for the period of January – July 2022, marking a sizeable improvement compared to a deficit of €711 million in the ...

GXS Bank, the digital bank joint venture of ride-hailing firm Grab Holdings (A6I.F) and Singapore Telecommunications (STEL.SI), launched Singapore’s first digital bank on Wednesday for the ...

The Central Bank of Cyprus (CBC) has issued a call for tenders for a project to digitally verify the data of bank clients. The successful bidder will get the contract ...

Twitter Inc (TWTR.N)will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media company said Thursday. For years, Twitter users have ...

Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the rouble’s surge, Bloomberg News reported on Thursday. “...

Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government and the semi-autonomous region, according to a letter ...

The Metaverse is set to be one of the biggest innovations in the 21st century. After Facebook announced its plans to rebrand as Meta and funnel billions of dollars into ...

Emirates will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion of funds the Dubai airline had earned in the country but had ...

Turkish authorities raised electricity and natural gas prices for households by around 20 per cent and by around 50 per cent for industry on Thursday, putting further upward pressure on inflation, which ...

The owner of McDonald’s former restaurants in Russia has offered up to 151 million euros ($151 million) to buy Finnish packaging firm Huhtamaki’s local business, adding to his burgeoning empire, ...