Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars.
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Russia’s invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship ...
Another 9 per cent plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the 2008 global crash have prompted investor concerns that a fresh ...
Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether the European Union would reach an agreement on banning Russian oil ...
You may have seen in the news recently that in certain Italian villages there are properties of offer for as little as €1.
The villages are mainly in not so sought ...
It is possible to acquire a passage if land is enclosed or existing passage is insufficient
Article 11A of the Immovable Property Law, Cap.224, provides for two separate cases for ...
US cinema stocks took off on Friday amid soaring expectations for the Memorial Day weekend debut of the sequel to the Tom Cruise blockbuster, “Top Gun”.
Cinemark Holdings (CNK.N), ...
Russian businessman Andrey Melnichenko ceded ownership of two of the world’s largest coal and fertilizers companies to his wife the day before he was sanctioned by the European Union, ...
Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov said in a TV interview aired on ...
Germany’s Economy Ministry has refused to provide carmaker Volkswagen (VOWG_p.DE) with guarantees to cover new investments in China because of concerns over human rights violations in the ...
The first cruise ship to use Ayia Napa marina dropped anchor there on Sunday morning, the ministry of transport announced.
“The decision of the ministry of transport to create an ...
Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to ‘bank the unbanked’.
Mexicans with at least one financial product last ...
Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World ...
Sony Group Corp (6758.T) said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including ...
Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday.
“The idea of using digital currencies in transactions ...
The video game industry has always been about innovation. New technology, new controls, and new experiences are to be expected.
Video games have been around for decades, providing entertainment for ...
Developers behind failed stablecoin TerraUSD have voted to abandon the token in favor of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed, according to a tweet ...
Nexters is an international game development company built of a team of game creators from more than 10 countries. In August of 2021, Nexters went public on NASDAQ via a SPAC deal. ...
Melsoft, a successful mobile game developer, was founded in 2007 and is well known for its games Family Island and My Café. The company is continually developing its products, making the ...
Outfit7 are game makers at their core. With over 18+ billion game downloads and 88 billion global video views, they live to create-feel good moments and bring joy to their fans around ...
From cutting edge startups to established brands, Cyprus based gaming companies are taking a variety of approaches to innovating the gaming industry through their unique ideas, route to market, product, ...
Finance Minister Constantinos Petrides on Thursday evening said that Cyprus should maximise its comparative advantages in order to turn the investment funds sector into a means of attracting investments from ...
There was a net increase in both total deposits and total loans in April, when compared to March, according to a report published on Friday by the Central Bank of ...
By Maria Demertzis
Did you know that 70 per cent of online shopping trips end in failure in the sense that shoppers fill their digital baskets and then abandon them? According ...