Business

The deputy tourism ministry announced on Wednesday 12 grant schemes that will come into effect this year as part of its national tourism strategy 2030. “The plans concern the development of special ...

The cabinet has approved a new €3 million scheme to support businesses in light of the recent restrictions imposed in some sections of the economy, Finance Minister Constantinos Petrides said on ...

Total non-performing loans (NPLs) decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14 million to € 27.91 billion. According to data released on ...

Apple Inc (AAPL.O) achieved its highest-ever market share in China in the fourth quarter, when it was the top-selling vendor there for the first time in six years, research ...

Even though bitcoin activated the launch of numerous altcoins, bitcoin never failed to retain the top position in the cryptocurrency marketplace. The popularity of bitcoin is due to progressive returns ...

Bloomsbury Publishing expects annual profit and revenue to top market expectations, led by strong sales of literature across all age groups, the Harry Potter publisher said on Wednesday. The outlook ...

Oil rose to a seven-year high close to $90 a barrel on Wednesday, supported by tight supply and geopolitical tensions in Europe and the Middle East that raise concerns about further ...

One of the most thrilling and daunting events on the bitcoin network is bitcoin halving. Bitcoin halving is meant to induce the core notion of inflation in the market value ...

If you have been around for a while in the crypto world, then you don’t have to be reminded about the popularity of Ethereum. The digital asset is presently ...

Lebanon plans to adopt a “realistic exchange rate” for the local pound in the 2022 budget, according to a document published by the finance ministry on Wednesday that did not specify ...

French luxury group LVMH (LVMH.PA) is expected to post strong fourth quarter sales on Thursday, following a slate of solid earnings from rivals that showed steadfast demand for high-end ...

Cyprus is suffering from a low level of judicial efficiency, excessive reliance on a limited number of countries for trade relations, as well as high costs for cross-border transactions, according ...

By George Christou Comment The increase in bank charges has become a big public issue in the last few weeks, the political parties, consumers associations and interest groups mounting a ...

Cyprus, alongside a handful of other countries, is still lagging behind with its 5G network rollout, the European Court of Auditors (ECA) said on Monday, calling for increased urgency in ...

The Cyprus University of Technology (Tepak) and the German embassy in Cyprus announced on Tuesday that the two discussed possible avenues of collaboration in areas of common interest. The meeting ...

British manufacturers expect to raise prices by the most since 1977 over the next three months, as they wrestle with serious labour shortages and the biggest increase in costs since 1980, a ...

Britain’s government looks firmly on track to borrow less this tax year than forecast but surging inflation will soon curb any leeway for finance minister Rishi Sunak who is ...

Nvidia Corp (NVDA.O) is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp (9984.T) after offering about $40 billion for the British company in 2020, Bloomberg News reported ...

As Bitcoin continues to rise in popularity, consumers are increasingly seeking out ways to buy and sell it. Some go the online trading route, while others opt for Bitcoin ATMs. ...

The managing companies at the Limassol port came under fire once again on Tuesday from MPs concerned that higher charges will lead to inflation. “We cannot play with inflation,” said ...

Tesla Inc (TSLA.O) on Monday fought back against JPMorgan Chase & Co (JPM.N) over a disputed bond contract, countersuing the bank for seeking a “windfall” following Elon Musk’...

Bitcoin tumbled to its lowest level in six months on Monday as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was ...

Canada’s Shopify Inc (SHOP.TO) said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not ...

The Cyprus Telecommunications Authority (CyTA) said Monday it is increasing its profits as well as its market share while giving back to the state over €1 billion in the form of ...