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.
Not all projects are created equal; in fact, only a very slim percentage of cryptocurrencies will survive until the next bull market, and many that do will fail to reach ...
Cryptocurrencies are very well known for their complete transparency and other kinds of transactions that they can process. Moreover, cryptocurrency is believed to be one of the safest and the ...
The Association of Cyprus Tourist Enterprises (Stek) on Tuesday called on the state to intervene so that the issue of noise pollution in tourist areas is quelled, alleging that Cyprus’ ...
Cyprus’ trade deficit increased by €1.12 billion during the first half of 2022, when compared to the corresponding period of the previous year, according to data released on Tuesday by the Cyprus ...
The Bank of Cyprus on Tuesday announced that its board of directors will meet on Tuesday, August 30, 2022, to review the financial results of the Bank of Cyprus Group for the ...
Another day, another hack – and another blockchain bridge burned.
When thieves stole an estimated $190 million from US crypto firm Nomad last week, it was the seventh hack of 2022 to target ...
Israeli tourism continued to recover following the COVID-19 pandemic in July although it was 22.6 per cent below its 2019 level, the Tourism Ministry said on Monday.
Tourism Minister Yoel Razvozov said ...
A couple from Scotland was honoured as ambassadors of Ayia Napa tourism on Tuesday, after visiting the resort town 20 times in recent years.
Norman and Frances Dickson have chosen the ...
Introduction
Numerous people—both professionals and novices—believe Cryptocurrency has the potential and could turn into the equivalent of 21st-century precious metals. Many other cryptocurrencies have strong market caps. Additionally, ...
None of the Russians targeted by European Union sanctions have declared their assets to German authorities as required to do under Germany’s sanctions law, the German government said, prompting ...
The first employee of BitMEX pleaded guilty on Monday to violating US bank secrecy laws by failing to establish an anti-money laundering program, following guilty pleas to the same charge ...
Britain’s cap on domestic energy prices is expected to rise to more than 4,200 pounds ($5,089) a year in January, up 230% on the year before, a leading economic forecasting group said ...
The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gaining a foothold in Britain’s economy, BoE ...
Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports ...
When Ethereum came, the creators felt that they would see their digital money for day-to-day transactions in the coming future. The inventor had the vision for the currency when he ...
Nvidia Corp (NVDA.O) on Monday warned its second-quarter revenue would drop by 19 per cent from the prior quarter on weakness in its gaming business, sending the chip designer’s ...
Axios has agreed to sell itself to Cox Enterprises in a deal that values the digital media firm at $525 million, a source familiar with the matter said on Monday.
Atlanta-based ...
European budget airline Wizz Air (WIZZ.L) will resume flights from Abu Dhabi to Moscow from October, it said on Thursday, more than five months after the carrier suspended all ...
Key Points:
Jewelry retailer Tiffany’s association with CryptoPunks has pushed the latter’s sales.
Chonoly.io, a decentralized ecosystem, has brought liquidity to the watch market.
Chronoly’s CRNO ...
Qualcomm (QCOM.O) agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries’s (GFS.O) New York factory, bringing its total commitment to $7.4 billion in purchases through 2028, according ...
Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters.
The ...
Pfizer Inc on Monday agreed to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics (GBT.O), as it looks to capitalize on a surge in revenue ...
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
A ...
Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.
The crypto ...