Business

By Yiannis Seitanides The new sanctions against Russia, which were decided by the European Union member states and came into force on Saturday with their publication in the Official Journal ...

The Bank of Israel raised its benchmark interest rate (ILINR=ECI) for the first time in 3-1/2 years on Monday, as expected, to combat rising inflation partly caused by robust ...

Britain’s economy slowed more sharply than expected in February, reflecting a hit to car production from component shortages, storm disruption and reduced health spending as households braced for a ...

Turkey’s current account registered a deficit of $5.15 billion in February, more than double the amount in the same month last year, data from the central bank showed on Monday, ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that it successfully held an event on April 5 on nanotechnological solutions in Cypriot companies. The event, which also explored ...

The EuroAsia Interconnector can be a gamechanger for energy security and the provision of energy to European markets and beyond, Energy Minister Natasa Pilides said on Monday. She was speaking ...

European Investment Bank (EIB) president Werner Hoyer during his visit to Cyprus on Monday confirmed that projects in Cyprus absorbed €303 million during the previous year, with both the private and ...

Hellenic Bank on Monday announced that it has entered into an agreement for both the sale of a non-performing exposures portfolio, as well as the bank’s servicing platform APS ...

Samsung Electronics’ (005930.KS) flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks ...

The blockchain is known to be one of the most revolutionary inventions in recent history. It has made its way into every aspect of our lives, and this is particularly ...

The embassies of a country are a reflection of the country abroad. When it comes to the world of business, embassies should promote the business interests of the country that ...

Egypt’s annual urban consumer price inflation accelerated in March to 10.5 per cent, its highest in nearly three years and faster than analysts had expected, data from the state statistics ...

Werner Hoyer, the President of the European Investment Bank (EIB), will meet with members of the Cypriot Government on Monday in Nicosia. According to a statement issued by the EIB, ...

Disposition by will is regulated by law for the protection of the immediate family of the testator A person can legally dispose of all or any part of the disposable ...

Ukraine’s economic output will likely contract by a staggering 45.1 per cent this year as Russia’s invasion has shuttered businesses, slashed exports and destroyed productive capacity, the World Bank ...

The Russian government said on Sunday it has increased its reserve fund used for emergency spending by 273.4 billion roubles ($3.52 billion) to ensure economic stability against the backdrop of Western sanctions ...

Chemicals and energy giant INEOS has offered to develop a shale gas test site in Britain to demonstrate to the government that extraction by fracking can be performed safely. The ...

Newly refined Russian platinum and palladium was suspended from trading in London from Friday, denying access to the metals’ biggest trade hub in the latest in a growing list of ...

By Alicia Garcia-Herrero The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine will devastate its economy, but the extent of the severity partially depends on ...

Elon Musk, Twitter Inc’s (TWTR.N) biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its ...

By Jonathan Smith Food systems are highly complex and interconnected. If our grocery stores and kitchens are to have a future with packed shelves, we need to be able to ...

Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on ...

Global ratings agency Moody’s on Friday upgraded Government of Israel’s outlook to “positive” from “stable” and affirmed sovereign credit rating at “A1” Moody’s said the key drivers ...

The government remains firmly committed to strengthening Cyprus’ fiscal position, promoting sustainable recovery and the long-term stability of the Cypriot economy, Finance Minister Constantinos Petrides said on Saturday after DBRS ...