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 total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find ...
Stock markets gained while the US dollar softened on Tuesday after China said it would drop its quarantine requirements for inbound visitors, further easing three-year border controls aimed at curbing ...
The supply, course creation, and governing of players contribute to the complicated payment issue in the sports industry. A website is a wholly automated cryptocurrency trading platform offering the best ...
The energy market was turned on its head; 2023 could bring further turmoil
By Charles Ellinas
What a year it was. 2022 was seismic in terms of global energy. Everything was turned ...
The district officer gives consent to the EAC to extend its network through a property, after consulting with the local authority
The Electricity Authority of Cyprus often needs to extend ...
Between the government’s main focus being more and better paid public employees and banks’ passiveness and single-mindedness the economy only works for the few
President Nicos Anastasiades, Minister of ...
The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down ...
Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to ...
Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge when ...
By Ioannis Tirkides
Central banks have been tightening for the most part of the year and will likely continue for a little longer into the early part of the new ...
Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking up certain content, according to two people familiar ...
Turkish locals’ forex and precious metal holdings dipped below $200 billion for the first time since May 2020 to stand at $199.34 billion as of Dec. 16, central bank data showed on Thursday.
When ...
Britain’s finance ministry said on Thursday it expects to conclude a ground-breaking deal with Switzerland on cooperation in financial services by late summer next year, helping the City of ...
British car production rose 5.7 per cent in November from a year earlier, although output levels were still one-fourth lower than pre-pandemic levels, as global chip shortages and supply chain issues ...
Golteum is an up-and-coming project that launched during the peak of the bear market. With every other project in the crypto space going on a downtrend, Golteum is surprisingly a ...
Airline cancellations topped 5,700 U.S. flights on Friday as massive winter storms snarled airport operations around the United States and frustrated tens of thousands of holiday travelers.
That followed nearly 2,700 ...
Moving goods quickly, cheaply, and efficiently is a significant priority. However, these relationships face expensive and time-consuming processes that make every step difficult. A website is a wholly automated cryptocurrency ...
Billionaire Michael Bloomberg, the owner of Bloomberg L.P., is interested in acquiring either Wall Street Journal parent Dow Jones or the Washington Post, news website Axios reported on Friday, ...
Dealing with your creditors through negotiation is the process of debt settlement or debt resolution. You have two options: either do it yourself or hire a firm to do it ...
BioNTech has initiated a first-in-human Phase 1 clinical trial of its BNT165b1 malaria vaccine candidate using mRNA technology, the German company announced on Friday.
The Phase 1 trial is expected to ...
Regardless of the season, the appropriate credit card may be a fantastic shopping aid. Credit cards, however, may offer important safeguards and cost savings during the hectic Christmas shopping season, ...
Throughout the board, projects are on a consistent downtrend as they weather one of the worst crypto winters in history. Investors and traders are fearful, uncertain and doubtful for the ...
Short-term accommodation services company Airbnb ABNB.O must provide information in rental contracts to tax authorities and withhold tax under a national regime, the European Union’s top court ruled ...