Business

Major cryptocurrency exchange Binance will make a $200 million investment in Forbes, the media company said on Thursday, as it prepares to go public via a special purpose acquisition company (SPAC). ...

Cyprus’ foreign trade showed signs of recovery in the final two months of 2021, with exports hitting €702.7 million in value during that time, while total exports surpassed €3 billion for the entire ...

Cyprus Shipping Chamber (CSC) President and ICS Vice-Chairman Themis Papadopoulos and CSC Director General Thomas Kazakos, represented the Cyprus shipping industry at the Board of Directors meeting of the International ...

Britain should levy heavier taxes on growing levels of household wealth to fund higher spending on pensions and medical treatment, the Resolution Foundation think tank said on Thursday. An older ...

Dubai plans to attract 50 multinational companies within three years, the emirate’s government media office said on Wednesday citing a statement from the Dubai International Chamber. The plan is part ...

Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official said on ...

Egypt’s natural gas exports are expected to rise to 7.5 million tonnes by the end of this fiscal year, Petroleum Minister Tarek El-Molla said on Thursday. Egypt’s gas exploration ...

French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on Wednesday, committing to exclude seabed metals from its supply chain in a blow to ...

AstraZeneca forecast higher 2022 sales and raised its annual dividend for the first time in a decade on Thursday after beating fourth-quarter profit expectations, but warned the boost from its Covid-19 ...

Britain’s exit from the European Union has so far made trade more expensive because of delays and red tape, and more border disruptions are likely as passenger numbers recover ...

British homes will likely remain affordable and demand will stay strong despite a climate of rising interest rates, the head of the UK’s largest homebuilder Barratt (BDEV.L) said ...

Quant Insight (Qi), a Limassol-based quantitative financial market analytics and trading insights provider, on Wednesday announced the launch of a new product, aiming to provide individual traders with high-end analytics. ...

The Cyprus Chamber of Commerce and Industry (Keve) announced on Wednesday that they are spearheading Cyprus’ representation at the International Agricultural and Environmental Exhibition in Doha, Qatar, scheduled to commence ...

Cyprus has been ranked as one of the top travel destinations for Russians, Tourism Minister Savvas Perdios said on Wednesday in the wake of two recent visits to Moscow. “There ...

Demand for flights in Britain is edging back towards pre-pandemic levels for the key summer holiday period, according to market data that suggests consumers are keen to get away despite ...

Finance Minister Nureddin Nebati pitched Turkey’s unorthodox economic policy to investors in London on Tuesday, pledging to keep the exchange rate stable, bring inflation down to single digits and ...

Japan has decided to divert some LNG cargoes to Europe in response to requests from the United States and European Union, with the extra shipments expected to arrive in March, ...

Greece will subsidise power bills for households and businesses facing soaring energy prices for a sixth consecutive month in February, the energy minister said on Wednesday, taking the total cost ...

Bitcoin donations have soared to Ukrainian volunteer and hacking groups, some of which have supplied equipment to government forces, according to a report showing such groups received more than $550,000 worth ...

The European Commission will ease funding rules for innovative semiconductor plants under plans announced on Tuesday as the European Union looks to boost its chip industry and cut its dependence ...

Efforts to encourage the use of small, lightweight, low-speed vehicles in Limassol are being hindered by a number of obstacles, micromobility industry stakeholders said during a panel discussion. The event, ...

The Industrial Turnover Index increased by 17.8 per cent year-on-year in November, with the index being 13.6 per cent higher in the first eleven months of 2021 when compared to the corresponding period ...

Parliament on Tuesday continued discussing a legislative proposal that would reduce the maximum fine imposed on companies for not submitting their annual financial reports on time, as MPs heard that ...

MPs have taken the initiative and will be drafting legislation governing bank fees charged to account holders after the government said there was not much it could do about it. ...