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.
The White House said on Monday that the US banking system is safe despite stress on some institutions after two American banks collapsed, ratcheting up fears of a contagion that ...
With cryptos such as Uniswap (UNI) and Stacks (STX) slowly losing the gains they achieved after the collapse of Signature and Silicon Valley Banks, investors are now shifting their focus ...
Ugne M. Buračienė began her work in FinTech 15 years ago at a software and technology company. Since then, she was worked incredibly hard to become recognised as a thought ...
After the collapse of two US banks and record outflows from smaller lenders, the banking industry is shifting its concern from an immediate crisis to a medium-term worry: economic growth.
...
First Republic Bank (FRC.N) became the epicentre of the US regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started withdrawing deposits and left ...
The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the US Commodity Futures Trading Commission (CFTC) on Monday for operating what the ...
Companies are spending up to half a million dollars a year on a sustainability rating to meet investor demands for such data, yet are often dissatisfied with the results, new ...
Deputy tourism minister Costas Koumis heralded the Land of Tomorrow project spearheaded in Larnaca. In a statement on Monday, Petrolina Group which is driving the project, said the investment will ...
Chelsea had an overall net loss of 121.3 million pounds for 2021-22 due to “extraordinary expenses and loss of revenue” after sanctions were imposed on previous owner Roman Abramovich, the Premier ...
“An equal society brings about progress and prosperity for all and has a major economic impact, as it can tap onto the unique talent and potential of every single individual ...
Finance Minister Makis Keravnos on Monday said he has issued ‘strong advice’ to commercial banks to focus on loan restructuring for distressed borrowers, as well as to increase deposit rates ...
Behind some of Cyprus’ most successful businesses and organisations is a group of dynamic women who have shown the business world that they have what it takes to be a ...
No order for the recovery of possession of a property can be set aside if there is no compliance with the order of the court
The recovery of possession of ...
A buyer for large chunks of Silicon Valley Bank’s deposits and loans helped cast an uneasy calm over fragile markets on Monday, which have been roiled by worries of ...
With Orbeon Protocol (ORBN) currently in its successful presale phase, currently in stage 11 with a $0.0921 price, and the project already raising over $6 million, and ImmutableX (IMX) and Optimism (OP) showcasing ...
As the crypto market continues to boom, investors are seeking out the hottest up-and-coming tokens to maximize their gains. TMS Network (TMSN) has emerged as a clear winner in this ...
Cyprus is a land full of history, beautiful beaches, about 350 days of sunshine, a most satisfying Mediterranean cuisine, captivating natural mountain and beach areas and is an EU member.
It ...
By Ioannis Tirkides
Surely the collapse of Silicon Valley and Signature banks in the United States, and even the takeover of Credit Suisse by UBS, have idiosyncratic elements that led ...
Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices and tap nationalist sentiment to challenge US beverage giants ...
At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals.
Less ...
The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut ...
South Korea’s LG Energy Solution Ltd (LGES) (373220.KS) said on Friday it would resume a stalled US battery project with a $5.6 billion investment in Arizona to qualify for federal ...
“The cryptocurrency market is constantly evolving and offering new opportunities for investors who want to diversify their portfolio and benefit from the innovation and growth of this sector. However, with ...