Cyprus Business Now
KPMG Cyprus on Tuesday announced that it has entered into a strategic partnership with AI specialists EBO.
EBO is one of the leading companies in the field of customer engagement ...
European stocks down, yen hits 20-year low as US hikes loom
European shares were lower on Tuesday, while yields on 10-year US inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive ...
Growth not tax rises the way forward says finance minister
The government does not intend to raise taxes, but will rather pursue a policy of stimulating growth and attracting new investment in response to the coming economic slump, Finance Minister ...
Greece seizes Russian tanker as part of EU sanctions
Greece has seized a Russian oil tanker off the island of Evia as part of European Union sanctions imposed on Moscow over its invasion of Ukraine, the Greek coast guard ...
Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024
A Rolls-Royce (RR.L) design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, ...
US airlines drop mask requirements for passengers, employees
The Biden administration will no longer enforce a US mask mandate on public transportation, after a federal judge in Florida ruled that the directive was unlawful, overturning a key White ...
European crypto industry steps up efforts to influence EU policy
More than 40 crypto business leaders have asked the European Union not to require crypto firms to disclose transaction details and dial down attempts to bring to heel rapidly growing decentralised ...
Stellantis suspends vehicle production in Russia
Carmaker Stellantis (STLA.MI) said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.
The world’s fourth-largest automaker, which ...
Debt settlement: Cheapest way to get out of debt?
We all find ourselves in debt due to changing economic times and financial stability. However, we may sometimes find ourselves much into debt if we do not control our appetite ...
New study revealing trends shaping email security in 2022
The corporate world is heavily reliant on email as their primary method of communication for business, for instance there are expected to be nearly 4.3 billion active email accounts worldwide by 2023. ...
CEO steers electric truck startup Rivian through supply chain twilight zone
Rivian Automotive Inc (RIVN.O) CEO R.J. Scaringe needs to sell a lot more electric vans and pickup trucks to boost a beaten down stock price and fund his ...
Ukraine-related price jolts threaten Cuba’s already tepid recovery
The Russian invasion of Ukraine is making Cuba’s three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship for residents, according to ...
Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of ...
US banks’ commodity trading exposures rise on Russia conflict
Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia’s invasion of Ukraine, first quarter earnings disclosures showed.
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Oil slips on China demand fears, supply worries limit losses
Oil edged lower on Monday pressured by worries over slowing demand in China, although concern over tight global supply and the deepening Ukraine crisis kept Brent crude above $111 a barrel.
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UK employers offer average 2.8 per cent pay rise to staff, survey shows
British employers are offering annual pay settlements worth an average increase of 2.8 per cent to staff, well below the rate of inflation, a survey showed on Monday.
The Chartered Management ...
Making the most of your garden
There has been a rising appreciation for spending time outside and people are wanting to get as much use out of their gardens as possible. There are many different ways ...
The principle of right and obligation
He who benefits from a transaction must also bear the burden
A basic principle of law is that a person who chooses to accept a right that involves the fulfilment ...
Judge rules Musk’s tweets over taking Tesla private were false, investors say
A federal judge has ruled that Tesla (TSLA.O) CEO Elon Musk’s 2018 tweets about having secured financing to take the company private were false, according to court filings by ...
Wall St Week Ahead Investors turn to defensive stocks as economic concerns grow
US stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times ...
Poland fashion chain to enter Cyprus after pulling out of Ukraine, Russia
Poland’s biggest fashion retailer, LPP (LPPP.WA), said on Monday it would strengthen its presence in the European Union, shifting focus after suspending its business in Ukraine and closing ...
New EU sanctions on Russia to target Sberbank, Commission head tells paper
The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission Ursula von der Leyen ...
The risk of elevated inflation is resurfacing
By Andreas Charalambous and Omiros Pissarides
In recent decades, inflation in developed economies has been contained at historically low levels. With the onset of the pandemic in early 2020 and the ...
Indian investors alarmed as crypto exchanges block transfer network
Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency through a widely-used state-backed transfer network, spurring users to renew demands for regulatory ...