Paphos hotels benefit from Easter visitors
The hotel occupancy rate in the Paphos district during the Catholic and Orthodox Easter period stood at 60 per cent, according to the president of the Paphos hoteliers association (Pasyxe) Thanos ...
Qatar suffers setback in airplane dispute with Airbus
A British judge on Tuesday denied a request by Qatar Airways to force Airbus (AIR.PA) to keep building A321neo jets for the Gulf airline, in a setback to ...
Cyprus Business Now
Cyprus’ trade deficit in January of this year amounted to €523.6 million, compared to €434.3 million in the corresponding month of 2021, according to data released on Tuesday by the Cyprus Statistical Office (...
Russian court orders seizure of $7 mln in Google’s Russian funds, property
A Moscow court has ordered the seizure of 500 million roubles ($7 million) worth of Google’s property and funds in Russia, news agencies said, in a lawsuit concerning restrictions the US ...
March flights 17% fewer than pre-pandemic levels
The number of commercial flights to and from Cyprus in March 2022 were 17 per cent lower than pre-pandemic levels, according to data released by Eurostat.
The decline for Cyprus was softer ...
Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin
Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking.
...
It’s the NFT era – Are these coins the perfect investment? Solana, Decentraland, and Parody Coin
The digital world has seen a lot of attention lately, as with the onset of the metaverse and the most popular acronym on the lips of everybody, NFTs.
Oh, golly! ...
Britons look to discounters as grocery inflation hits highest in more than a decade
British grocery inflation hit 5.9 per cent in April, its highest level since December 2011, forcing shoppers to seek out value, increasingly at discounters Aldi and Lidl, industry data showed on Tuesday.
...
It’s the NFT era – Are these coins the perfect investment? Solana, Decentraland, and Parody Coin
The digital world has seen a lot of attention lately, as with the onset of the metaverse and the most popular acronym on the lips of everybody, NFTs.
Oh, golly! ...
British cost of living crisis to have severe impact on economic growth
The cost of living crisis in Britain will have a severe impact on economic growth this year but the Bank of England will still lift interest rates again next week, ...
London’s Heathrow raises 2022 passenger forecast to 52.8 million
London’s Heathrow Airport raised its 2022 forecast for passengers to 52.8 million on Tuesday, representing 65 per cent of pre-pandemic levels, driven by demand for leisure travel, but it expected numbers to ...
Russian rouble hits near 2-year high vs euro
The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as ...
How Binance Smart Chain (BNB) Solana (SOL), and Quitriam Finance (QTM) are solving DeFi problems
The decentralized finance (DeFi) ecosystem has continually suffered three major challenges: scalability, security, and decentralization, also called the “scalability trilemma,” as described by Ethereum’s inventor, Vitalik Buterin.
These problems ...
Coca-Cola results exceed expectations on higher prices, stable demand
Coca-Cola Co (KO.N) beat quarterly revenue and profit expectations on Monday, helped by higher prices and a rebound in demand for its sodas at theaters and restaurants.
Consumer goods ...
Musk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan
Elon Musk clinched a deal to buy Twitter Inc TWTR.N for $44 billion cash in a transaction that will shift control of the social media platform populated by millions of ...
US trucking downturn foreshadows possible economic gloom
Craig Fuller monitors millions of transactions between US truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing.
There ...
Germany to hike 2022 inflation forecast to 6.1 per cent
The German government is set to hike its inflation forecast for this year to 6.1 per cent due to the impact of the war in Ukraine, up from 3.3 per cent it ...
Graphic chip price drop raises questions on whether end of shortage is in sight
A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will ...
Israel’s Econergy to team up with Terna Energy to build solar plants in Greece
Israel’s Econergy Renewable Energy (ECNR.TA) has partnered with Greece’s Terna Energy (TENr.AT) to develop 460 megawatts (MW) of solar plants in Greece, it said on Monday.
Econergy ...
Twitter set to accept Musk’s original $43 bln offer
Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called ...
Government debt to GDP ratio falls in Q4 2021
At the end of the fourth quarter (Q4) of 2021 government debt to GDP ratio in Cyprus was 5.4 percentage points lower compared to Q3 of 2021, and 11.4 percentage points lower than at ...
A guide for managing your Bitcoin investment
Looking for ways to manage your Bitcoin investment? If so, here’s a guide to help you manage your crypto asset.
So, you have decided to venture into Bitcoin investing? ...
Where and how to invest in Bitcoin
Do you want to invest in Bitcoin but don’t know how or where to start? If so, here’s where and how you can invest in this cryptocurrency.
Over ...
Honda developing three new electric vehicle platforms by 2030
Honda Motor Co (7267.T) plans to build millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one to be jointly developed with US partner General Motors Co (...