Business

US companies are facing a “new era” in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft Corp’s President Brad Smith ...

SAS SAS.ST and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 ...

The Bank of Cyprus has put back the deadline for applications to its voluntary retirement scheme until Friday, as the target it had set for staff reductions had not been ...

If you’re waiting for a bitcoin recovery, you may have to sweat it out for months. That’s the conclusion of some technical specialists seeking method from the madness. ...

UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills amid a worsening cost of living crisis, industry data showed on Tuesday. Market researcher ...

France’s government is offering 12 euros per share to take full control of EDF EDF.PA, in a 9.7 billion euro ($9.85 billion) buyout offer that gives it a free hand to ...

U.S. Treasury Secretary Janet Yellen on Tuesday said deeper trade ties among allies could help fight inflation and thwart China’s “unfair trade practices,” vowing to impose harsh consequences ...

Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic ...

Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish ...

The Cyprus Investment Funds Association (CIFA) on Monday released a public statement congratulating Irene Mylona-Chrysostomou for her recent appointment as the new Registrar of Companies and Intellectual Property. “Mrs. Mylona-Chrysostomou ...

The Construction Materials Price Index increased by 19.42 per cent year-on-year in June, reflecting the rising costs in construction, as well as the resulting price increases in the sector, according to ...

Germany may extend the life of its three remaining nuclear power plants, the economy ministry said on Monday, as public support rises in the face of a possible cut-off of ...

The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the ...

The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said. The partnership aimed to identify ...

European Union foreign ministers agreed on Monday another 500 million euros ($504 million) of EU funding to supply arms to Ukraine, taking the bloc’s security support to 2.5 billion euros since Russia ...

Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said. Britain was on course for its hottest day on record ...

For decades, Antonis Disios’ workshop was abuzz with the sound of sewing machines stitching fur coats for his wealthy Russian buyers. In March, European Union sanctions against Russia over the ...

Alphabet’s Google was fined 21.8 billion roubles ($387 million) on Monday by a Russian court for a repeated failure to remove content that Moscow deems illegal, the Interfax news agency reported. ...

The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday ...

Asking prices for British homes advertised for sale this month were 9.3 per cent higher than a year earlier, down from a 9.7 per cent rise in June as mortgage costs rise ...

The publication of the proposed new law on common charges is encouraging, not so much because of the content of the proposal, but more so because of the interest shown ...

Key Points: Tokens with real-world use cases are being preferred by investors more. The price of Chiliz’s fan token CHZ has dropped significantly in recent months. Utility token Chronoly’...

Asian share markets rallied on Monday following a much-needed bounce on Wall Street, though nerves were stretched ahead of a near-certain interest rate hike in Europe and another round of ...

Ethereum has remained a popular Crypto after Bitcoin. However, the way it performs in the market is very different from Bitcoin. When comparing the two, Bitcoin loses its value faster ...