Business

Lebanon plans to adopt a “realistic exchange rate” for the local pound in the 2022 budget, according to a document published by the finance ministry on Wednesday that did not specify ...

French luxury group LVMH (LVMH.PA) is expected to post strong fourth quarter sales on Thursday, following a slate of solid earnings from rivals that showed steadfast demand for high-end ...

Cyprus is suffering from a low level of judicial efficiency, excessive reliance on a limited number of countries for trade relations, as well as high costs for cross-border transactions, according ...

By George Christou Comment The increase in bank charges has become a big public issue in the last few weeks, the political parties, consumers associations and interest groups mounting a ...

Cyprus, alongside a handful of other countries, is still lagging behind with its 5G network rollout, the European Court of Auditors (ECA) said on Monday, calling for increased urgency in ...

The Cyprus University of Technology (Tepak) and the German embassy in Cyprus announced on Tuesday that the two discussed possible avenues of collaboration in areas of common interest. The meeting ...

British manufacturers expect to raise prices by the most since 1977 over the next three months, as they wrestle with serious labour shortages and the biggest increase in costs since 1980, a ...

Britain’s government looks firmly on track to borrow less this tax year than forecast but surging inflation will soon curb any leeway for finance minister Rishi Sunak who is ...

Nvidia Corp (NVDA.O) is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp (9984.T) after offering about $40 billion for the British company in 2020, Bloomberg News reported ...

As Bitcoin continues to rise in popularity, consumers are increasingly seeking out ways to buy and sell it. Some go the online trading route, while others opt for Bitcoin ATMs. ...

The managing companies at the Limassol port came under fire once again on Tuesday from MPs concerned that higher charges will lead to inflation. “We cannot play with inflation,” said ...

Tesla Inc (TSLA.O) on Monday fought back against JPMorgan Chase & Co (JPM.N) over a disputed bond contract, countersuing the bank for seeking a “windfall” following Elon Musk’...

Bitcoin tumbled to its lowest level in six months on Monday as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was ...

Canada’s Shopify Inc (SHOP.TO) said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not ...

The Cyprus Telecommunications Authority (CyTA) said Monday it is increasing its profits as well as its market share while giving back to the state over €1 billion in the form of ...

Acting as a real estate without being registered and holding a licence is illegal and the real estate agents council may apply to court for the issuance of a decree ...

As a matter of urgency, the European system of craftsmen needing certificates for the various building trades must be adopted in Cyprus. At present, whatever a ‘craftsman’ declares that he ...

Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while politicians have yet to ...

Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan ...

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series “Bridgerton” returning for ...

More and more cutting-edge technologies are finding their way to industrial applications, Alibaba’s Damo Academy, set up in 2017 to find solutions to global challenges through scientific and technological research ...

People should get back to the office to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of ...

Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as a global shortage ...

Its stability has been assured after weathering two major crises By Maria Demertzis Anniversaries are always a good time to reflect. The euro celebrates the 20th anniversary of its introduction ...