Business

Britain’s payments regulator will be abolished and its remit absorbed by another financial regulator, the government said this week, as it aims to cut red tape in favour of ...

Zara owner Inditex (ITX.MC) this week reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and ...

The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank’s current Chief Cashier, as its new Chief Operating Officer. John will be replaced by ...

Ripple (XRP) investors have long been accustomed to volatility, but with XRP currently hovering around $0.60, many are searching for the next high-growth opportunity. While XRP remains a major player in ...

The crypto market is buzzing with an unexpected shift as Dogecoin (DOGE) whales make a bold move, offloading their holdings in favor of a new coin, Mutuum Finance (MUTM). With ...

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes more persistent, ECB President ...

Rexas Finance is rapidly emerging as a major player in blockchain-based asset tokenization, promising exponential returns for early investors. With its focus on real-world asset (RWA) tokenization, the platform bridges ...

Paphos and Famagusta have experienced the steepest increases in house prices in Cyprus, according to the Central Bank of Cyprus’ third-quarter report for 2024. In contrast, Limassol and Nicosia are experiencing ...

As the 2025 bull run approaches, investors are weighing their options between Cardano (ADA) and Mutuum Finance (MUTM), two projects with vastly different growth trajectories. Cardano, currently trading at $0.69, is a ...

The Research and Innovation Foundation (RIF) on Wednesday announced that the submission process for two key funding programmes is currently underway. According to the announcement, the two programmes “aim at ...

Popular mobile strategy RPG Ludus: Merge Arena has surpassed five million players worldwide and is generating nearly $3 million in monthly revenue, according to an announcement released on Wednesday. The game ...

Cyprus has one of the lowest rates of online shopping complaints in the European Union, as only 14.7 per cent of its consumers reported issues, according to data released by Eurostat ...

The number of employees who chose to leave Hellenic Bank under its latest voluntary exit scheme fell significantly short of the target of 400 departures. The plan, introduced amid the bank’...

There is about a 40 per cent chance of a US recession this year and a risk of lasting damage to the country’s standing as an investment destination if the ...

Cyprus’ tourism ministry this week launched the application process for a grant scheme aiming to enhance the qualitative and aesthetic appeal of Cyprus’ beaches. This initiative, according to the ministry, ...

Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, has successfully completed the Diversity@Sea project after a 10-month project phase. This initiative, a global effort by the ‘...

Eurobank has set out its strategic objectives following the full acquisition of Hellenic Bank, as detailed in its public offer document outlining the acquisition process. As part of its plan, ...

The number of building permits issued in Cyprus during October 2024 fell to 470, marking a 25.6 per cent decline compared to the 632 permits issued in October 2023, according to data released by the ...

By Xenia Kalogirou In effect since March 2021, the Sustainability Financial Disclosure Regulation – Regulation (EU) 2019/2088 (SFDR) – introduced transparency in the market for sustainable investment products as part of the EU’s 2030 ...

Hong Kong investor Balram Chainrai has increased his stake in Agros Development Company ‘Proodos’ Public Ltd to 87.85 per cent, the owner of Rodon Hotel, following the successful completion of his ...

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to ...

The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term repo operation on Tuesday, the most since April 2020 during the early ...

Deutsche Bank (DBKGn.DE) has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly ...

While Solana (SOL) experiences price fluctuations, Mutuum Finance (MUTM) continues gaining momentum, advancing to Phase 3 of its presale. With over $3 million raised and more than 5,000 holders onboard, the project is ...