Business

University of Cyprus economics professor Marios Zachariadis on Tuesday said that tackling inflation requires an immediate and drastic increase in interest rates combined with targeted fiscal measures that will not ...

For a company’s business strategy to work successfully, it must be based on changes taking place in the economy and in each sector, on political developments and on the ...

Eurozone inflation rose to another record high in May, boosting government bond yields as markets saw the data as a challenge to the European Central Bank’s view that gradual ...

If you assumed crypto was just a young person’s game, think again. More people in the United States than ever before are turning to cryptocurrencies to help fund their ...

By Nicos Andronicou Never has the world needed sustainable action more vigorously than it does at the present moment. If the global pandemic taught us anything, it is that the ...

GSK (GSK.L) said on Tuesday it would pay up to $3.3 billion to acquire privately held biopharmaceutical firm Affinivax to bolster its vaccine pipeline, a key area of focus as ...

Turkey’s annual economic growth was 7.3 per cent in the first quarter, slightly more than expected data showed on Tuesday, driven by strong demand, manufacturing and exports even as fallout ...

Prudent traders and investors claim crypto is the most volatile market globally. One day you are at the peak, and the other day you are at a depth of the ...

When your small business begins to grow, it may be time to think about franchising. Franchising can help your business grow more quickly and it can help you expand into ...

Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fuelling worries of a tighter market already strained for supply amid rising demand ahead ...

British supermarket groups are set to enjoy a mini-boost to trade as Britons put aside their cost of living worries for a few days and prepare to celebrate Queen Elizabeth’...

Non-performing loans at the end of February 2022 fell to 11.3 per cent of total loans, according to data released by the Central Bank on Monday. This represents a 0.4 per cent month-on-month ...

The Democratic Labour Federation of Cyprus (Deok) on Monday called the government’s measures to curtail soaring inflation disappointing and inadequate. “Unfortunately, the long-awaited government measures to deal with the ...

Cryptocurrencies are a potential risk to consumers and the economy due to their high volatility, Cyprus Central Bank (CBC) senior director of banking operations division Christos Phanopoulos said on Sunday. ...

Lawmakers said on Monday they hoped for swift passage of a bill that would fast-track the return of at least part of the moneys legacy Laiki’s depositors lost in ...

The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. ...

Russia’s invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship ...

Another 9 per cent plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the 2008 global crash have prompted investor concerns that a fresh ...

Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether the European Union would reach an agreement on banning Russian oil ...

You may have seen in the news recently that in certain Italian villages there are properties of offer for as little as €1. The villages are mainly in not so sought ...

It is possible to acquire a passage if land is enclosed or existing passage is insufficient Article 11A of the Immovable Property Law, Cap.224, provides for two separate cases for ...

US cinema stocks took off on Friday amid soaring expectations for the Memorial Day weekend debut of the sequel to the Tom Cruise blockbuster, “Top Gun”. Cinemark Holdings (CNK.N), ...

Russian businessman Andrey Melnichenko ceded ownership of two of the world’s largest coal and fertilizers companies to his wife the day before he was sanctioned by the European Union, ...

Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov said in a TV interview aired on ...