Business

By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It means the protection now applies to buyers who ...

Economic activity started recovering from the sharp recession as of the first half of 2021, driven mainly by domestic demand, although tourism activity still remains well below the pre-pandemic level, the ...

The shipping ministry on Thursday launched an invitation for bids for a sea connection between Cyprus and Greece with improved terms for potential bidders in a bid to re-establish a ...

Germany’s banks are increasingly vulnerable to an overvalued property market and finance authorities should force lenders to build up capital buffers, the Bundesbank said on Thursday in a regular ...

Visions of spiralling wage inflation in the eurozone have dominated the talking points of conservative central bankers in recent weeks as they called for a moderation in central bank stimulus. ...

Lorenzo Bertelli, the eldest son and heir designate to Prada’s Chief Executive Patrizio Bertelli, vowed to keep the family-controlled luxury fashion group independent when he takes the reins in ...

El Salvador’s President Nayib Bukele took the stage last weekend at the end of “Bitcoin Week” to the cheers of fans delighted his Central American country has become the ...

Users have near-unanimous confidence in cryptocurrency (97 percent), according to recent statistics. More than half of users (52 percent) regard crypto investing to be a source of income rather than a hobby; 15% ...

Productivity apps have replaced the need to use separate apps in professional environments. They allow you, their user, to get multiple tasks done through the functions and features they offer. ...

Charging points for electric vehicles will be required to be installed in new buildings in Britain from next year under new legislation to be announced by Prime Minister Boris Johnson, ...

Efforts to bridge the gap between businesses and the academic community have been successful, the Cyprus University of Technology (Tepak) said on Wednesday. According to university data, a total of 88 ...

The Minister of Agriculture Costas Kadis said that the Department for the Environment is applying great efforts to inform all stakeholders about the LIFE programme in order to maximise Cyprus’ ...

Employees at Tesla’s (TSLA.O) huge new factory near Berlin will elect a works council to represent their interests, a German trade union said on Tuesday. The IG Metall ...

In 2020, a global shutdown of economies revealed how fragile and unprepared developed and developing nations are when faced with a worldwide crisis. The Covid-19 pandemic pushed some economies to the ...

The administration of US President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and ...

Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of ...

Lebanon has yet to give the IMF its estimate of losses in the financial system as discussions on the issue continue, but is working hard to sign a memorandum of ...

Turkey’s lira nosedived more than 15 per cent on Tuesday after President Tayyip Erdogan defended recent rate cuts and vowed to win his “economic war of independence”, despite widespread criticism ...

President Joe Biden’s historic move to release oil from strategic reserves in coordination with big nations including China represents a unique bet that finding common ground with the United ...

“The protection of worker rights, through the actions of the Ministry of Labour and Social Insurance, has always been the government’s priority,” President Nicos Anastasiades said on Monday in ...

Port workers at the Eurogate Container Terminal Limassol and DP World Limassol participated in a one-hour work stoppage on Tuesday, November 23. According to a press release by the two participating ...

British businesses reported the fastest growth in new orders since June this month alongside record cost pressures, according to a closely watched business survey that could pave the way for ...

For the second year in a row, Altamira Real Estate is running its “Red Friday” drive, offering would-be buyers unique opportunities in 300 residential plots and fields island-wide, at the best ...

Minister of Interior Nicos Nouris has invited the international investment and business community to choose Cyprus, stating that the country’s government has “a clear vision on how to develop ...