Business

Minister of Energy, Commerce and Industry Natasa Pilides on Thursday evening attended the launch of the Gen Y Innovation Network in London. Gen Y was set up to act as ...

Cypriot authorities are expected to submit a formal request to the EU’s Directorate General for Competition for the implementation of the European Commission’s ‘mortgage to rent’ scheme in ...

A third of all real estate transactions in Nicosia during the first quarter of 2022 concerned apartments, according to a report by the Council for Registration of Real Estate Agents published ...

The global PC market, which includes tablet shipments, showed signs of resilience during the first quarter of 2022, despite a slight contraction, according to a report released this week by technology ...

By Maria Demertzis and Francesco Papadia When Europeans imposed sanctions on Russian firms and authorities, they did not sanction Gazprombank. This was necessary or European companies would not have been ...

Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow to freedom of information advocates seeking an exemption for journalists and whistleblowers. Switzerland has ...

The European Central Bank should raise its deposit rate back into positive territory this year, French central bank chief Francois Villeroy de Galhau said on Friday, comments that point to ...

Extensive building renovations and the use of heat pumps could nearly halve Europe’s Russian gas use, researchers said on Friday, although industry groups said this would require a substantial ...

The European Union aims to cut off Sberbank (SBER.MM), Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial ...

Shiba Inu (SHIB), PancakeSwap (CAKE), and Logarithmic Finance (LOG) could soon head into a big rally, yielding good returns for investors. Logarithmic Finance (LOG) is a new token that is ...

British Airways owner IAG (ICAG.L) has scaled back plans to ramp up short-haul capacity at Heathrow airport, saying a cut of around 5 per cent to its summer schedule would ...

With the advent of the cryptocurrency industry over the last decade, several transactions and operations that were initially difficult to perform have become straightforward and open = to anybody, everywhere. This ...

Governor of the Central Bank of Cyprus Constantinos Herodotou said on Thursday that the banking sector of Cyprus faces the effects of the Russian invasion of Ukraine from a financially ...

Revenue for carmaker Stellantis (STLA.MI) rose 12 per cent in the first three months of the year, supported by strong pricing and the type of vehicles sold, offsetting the impact ...

The non-performing loan ratio (NPL) of the Cypriot banking sector increased in January, according to a report by the Central Bank of Cyprus released on Thursday. The NPL ratio rose ...

The number of registered unemployed stood at 11,664 persons at the end of April 2022, according to data released this week by the Cyprus Statistical Service (Cystat). The latest figure reflects a ...

By Yiannis Seitanides The proposed sixth package of sanctions against Russia, which was submitted on Wednesday by the European Commission, puts certain countries, including Cyprus, in a difficult position. Initially, ...

A US Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits ...

The finance ministry has asked parliament to green-light an additional €102 million in government spending to deal with the continuing economic impact of the Covid situation and the fallout from the ...

In April 2022, inflation was 8.8 per cent in Cyprus, with the Consumer Price Index increasing by 2.58 units to 110.36 units, compared to 107.78 units in March 2022, according to data published by the Cyprus ...

Blockchain-based payment protocols are some of the most promising projects within the crypto space, for the simple reason that payments are such an omnipresent component of society, enabling transactions between ...

BMW (BMWG.DE) posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker’s stake in its Chinese joint venture and strong pricing, ...

New cryptocurrencies are constantly being introduced to the market. While some deserve attention, others are only ‘another brick in the wall.’ In this regard, Logarithmic Finance (LOG) is establishing itself ...

Hungary and Slovakia will be able to continue buying Russian crude oil until the end of 2023 under existing contracts, an EU source told Reuters on Wednesday, benefitting from exemptions from ...