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.
Russia retaliated in what it has called an “economic war” with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than ...
Canada has picked Lockheed Martin Corp (LMT.N) as the preferred bidder to supply 88 new fighter jets, Procurement Minister Filomena Tassi said Monday, in a clear sign the US company ...
The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, a senior ...
Tesla Inc (TSLA.O) will seek investor approval to increase its number of shares to enable a stock split in the form of a dividend, the electric-car maker said on ...
Oil prices on Tuesday extended losses from the previous day as Ukraine and Russia headed for peace talks and on concerns about demand as China’s financial hub of Shanghai ...
US sanctions against Russia should hasten a move by some countries to reduce their reliance on the US dollar, which could also soften demand for Treasuries just as the Federal ...
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient ...
Lebanese central bank governor Riad Salameh is a suspect in a case the European Union’s criminal justice agency said on Monday had led to the freezing of some 120 million ...
More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in December, consultants EY said on Tuesday.
While ...
Brewing giants Carlsberg and Heineken said on Monday they would quit Russia, joining an exodus of Western companies as pressure grows on Moscow following its invasion of Ukraine.
Ukraine’s ...
Since Russia’s invasion of Ukraine sparked a flurry of Western sanctions on Moscow, at least one oligarch and thousands of other Russians have arrived in Turkey, seen as a ...
The visit to Cyprus this week by the president of the European Central Bank (ECB) Christine Lagarde comes at “a particularly important time” for the European Union and the Eurozone, ...
I wonder if the authorities are up to the job of carrying out their duties for the benefit of Cyprus and its people. The examples that I often provide are ...
A commemorative stamp has been issued by the Cyprus Post on the occasion of the 60th anniversary of the Limassol Chamber of Commerce and Industry.
The stamp was presented on ...
The deadline for applications for this year’s 12th Stelios Award for bicommunal business co-operation in Cyprus is March 31, it was announced on Monday.
The Stelios awards were established by ...
Tickmill’s first data science competition among university students has helped bridge the gap between academia and the industry, head of Quantitative Research, Chariton Christou said during the award ceremony ...
A lawsuit is filed by the attorney-general or a person who suffered a special damage
The activities of every individual, the state and the public authorities must respect everyone’s ...
Britain’s National Grid (NG.L) said on Sunday it would sell a 60 per cent stake in its British gas transmission and metering business to Australia’s Macquarie Asset Management ...
Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for ...
Major gas producer Qatar and the Gates Foundation will jointly invest up to $200 million over the next two years to help prepare farmers in developing countries to adapt to climate ...
Privately-owned French retailer Auchan plans to maintain its presence in Russia, its CEO said in an interview published in the French newspaper Journal du Dimanche on Sunday, prompting Ukraine to ...
Ukraine crisis has created opportunities for the East Med region and Cyprus gas
With the EU seeking to get-rid of Russian gas – now at 40 per cent – by two-thirds by the ...
Worrying talk of a push to re-establish a bank which cost us all so dearly
The trigger for writing this article was a discussion on Omega TV last week which ...
European Central Bank (ECB) President Christine Lagarde is optimistic that Cyprus will use the flexibility it has shown many times in order to face the current difficulties as a result ...