Business

The vice president of the European Investment Bank (EIB), Liliana Pavlova, who oversees financing operations for Cyprus, among other countries, will pay an official visit to the island on March 3, 2022, ...

In the age of Zoom, Google Drive, and Microsoft Teams, you can work from anywhere in the world. While companies were gradually becoming more flexible, the pandemic turbo-charged the transition ...

The economic sanctions imposed against Russia following its invasion of Ukraine are not affecting Cyprus to a large extent as the island’s banking system has no exposure to Russia, ...

Russia said on Tuesday it was placing temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor retreat driven by crippling Western sanctions imposed ...

Exxon Mobil (XOM.N) on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result ...

The latest wave of sanctions on Russia over its Ukraine invasion has thrown the global banking industry deeper into turmoil, as Western countries try to squeeze Moscow’s access to ...

Safetytech Accelerator and CMMI are pleased to announce a partnership in which they will pool resources and expertise to support sustainable growth in marine and maritime sectors. A focus on ...

The rouble weakened past 100 to the dollar on Wednesday, heading back to record lows, and the stock market remained closed as Russia’s financial system staggered under the weight of ...

Russia’s largest lender Sberbank SBER.MM said on Wednesday it was quitting almost all European markets, blaming big cash outflows and threats to its staff and property following Russia’...

It is conducted on the basis of affidavits, save the right for cross-examination Courts have the power to issue orders, interim or final, for parties to do or refrain from ...

Cyprus-based financial technology company SquaredFinancial announced on Tuesday that it will be the first organisation to utilise iQbyQi, an advanced retail trading analytics tool. “SquaredFinancial, the fintech brokerage headquartered in ...

Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto. Bitcoin trading denominated in ...

The services sector turnover index increased in 2021, compared to 2020, with particularly strong growth being observed in accommodation and catering services, according to data released this week by the Cyprus Statistical ...

Italy plans to set aside more than 4 billion euros ($4.5 billion) until 2030 to boost domestic chip manufacturing and support innovative technologies, a draft decree seen by Reuters showed on Tuesday. The ...

By Marilena Evangelou & Yiannis Seitanidis The imposition of severe economic sanctions in Russia has made the daily life of those Cypriots who are in the country for work or ...

Many people start reading about Bitcoin to learn about it and hear people referring to cryptocurrency as a religion. In fact, some promoters of Bitcoin claim that they are Friars, ...

A number of Ukraine-based companies have expressed an interest in headquartering their business in Cyprus, according to the Employers and Industrialists Federation (Oev). Speaking to news outlet Stockwatch, Oev’s ...

Concerns are rising about the effect cryptocurrency is having on the environment. Most people find that shocking because it’s a digital currency. However, the blockchain has a poor sustainability ...

Many companies throughout the world are using digital assets for operational, investment, and transactional purposes. While there are unknown dangers, as with all new frontiers, companies have many strong incentives. ...

Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of others after Ukraine called ...

The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, two sources familiar with the situation said, as it attempts to ...

Mortgage approvals in Britain struck a six-month high in January, according to official data on Tuesday that showed demand in the housing market remained strong despite the end of pandemic ...

Shell (SHEL.L) will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company to quit the ...

Russian President Vladimir Putin and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, in a phone call on Tuesday, discussed the OPEC+ oil deal and pledged to continue coordination ...