Business

Battered US stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy, rising bond yields, geopolitical uncertainty and the corporate earnings season fuel investor ...

European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July but certainly no later than ...

Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc (V.N) and ...

Accumulating huge amounts of idle cash By Les Manison In response to the financial crisis of 2012/13 the government in agreement with the troika of international institutional institutions took measures to ...

In April 2021, Russia’s financial intelligence unit met in Moscow with the regional head of Binance, the world’s largest crypto exchange. The Russians wanted Binance to agree to hand ...

The Turkish Central Bank said on Saturday it revised regulations on banks’ reserve requirements, applying them to the asset side of balance sheets in order to strengthen its macroprudential policy ...

Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs among workers of all ...

Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia’...

The urgent push to end dependency on Russian energy is creating new opportunities for the East Med and reviving projects previously considered unviable By Charles Ellinas A proposal by Energean ...

EU companies may be able to work around Russia’s demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then ...

The global smartphone market has been hit by adverse business conditions, contracting by 11 per cent year-on-year in the first quarter of 2022, according to a report released this week by technology ...

European Central Bank President Christine Lagarde told policymakers to hold back on dissenting views on decisions for several days, a move critics say stymies their ability to present an honest ...

By George Pirishis A significant stagnation in terms of attracting investors for large-scale developments has been observed in the Cypriot real estate market. This slowing down of that particular segment ...

By Ioannis Tirkides Emmanuel Macron is still expected to win the presidential election in France, this Sunday, April 24, but it will be a tight run according to polls, and French ...

The recovery of the aviation sector from the pandemic could be hampered by confusing health requirements and fears that the sector is not prepared for another public health crisis, according ...

Are you wondering what to do as you anticipate Bitcoin regulations? If so, here’s how to prepare your Bitcoin investment for the rules. The Bitcoin market has undoubtedly grown ...

Investors have discounted Marine Le Pen winning the French presidency on Sunday, so an upset would cause a selloff in French government bonds and dent the euro, fund managers and ...

By Andreas Papadopoulos In today’s fast changing business environment, tremendous forces are radically reshaping the workplace. The bad news is that making decisions for our people and organisations has ...

By Yiannis Seitanides Cypriot consumers have reacted, as one would expect, to the increased inflationary pressures of recent months by reducing the volume of their purchases at supermarkets and becoming ...

In April 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 2.8 points compared with March 2022, as shown by data published by the Economics Research Centre of ...

Do you want to invest in Bitcoin responsibly? Follow these vital steps for investing in this crypto asset responsibly. Nobody can deny that Bitcoin is a volatile crypto asset. But ...

By Yiannis Seitanides The revision of GDP figures at current prices for 2021, brought Cyprus’ GDP to an all-time high of €23.43 billion during the previous year. Moreover, during this time, the ...

With the crypto market trending downwards over the past ten days, the current crypto landscape would suggest that there are more opportunities than a couple months ago. Putting on our ...

Do you plan to invest in Bitcoin, but you’re unsure whether you will succeed? If so, here’s a guide on how to invest in Bitcoin successfully. Bitcoin is ...