Business

Property prices in Cyprus rose during the third quarter of 2021, a report by the Central Bank of Cyprus released on Friday revealed. According to the central bank’s quarterly report ...

The annual Harmonised Index of Consumer Prices (HICP) rate in December 2021 reached 4.8 per cent, primarily fueled by rising energy prices, equaling the respective level of October 2008. According to data released ...

Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a return to ...

Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty. The ...

Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the ...

Piraeus Bank (BOPr.AT) has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the bank said ...

Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc ...

Interest in real estate is recovering, both in coastal resorts and in large cities. The start of 2021 has been rather challenging. After the first year of the coronavirus pandemic, the ...

Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment ...

What do we understand by tax optimization? As the name suggests, tax optimization refers to the usage and implementation of processes that can reduce an individual or company’s tax ...

Have you ever been in a situation where you wanted to purchase something, but you didn’t have enough money? You can always borrow money from relatives or friends In ...

The Central Bank of Cyprus (CBC) announced on Thursday that it has signed a new collective bargaining agreement with the Cyprus Union of Bank Employees (Etyk). “Today’s agreement is ...

New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc (COIN.O). The salary ...

Cypriot biotechnology NIPD Genetics announced on Thursday that the agreement to sell a 68.3 per cent stake in the company to diagnostic services company Medicover was officially completed earlier this month. ...

Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp (MSFT.O) agreed to buy “Call of Duty” maker Activision Blizzard (ATVI....

Innovation is finally weakening the market grip of Britain’s “Big Four” banks, but “challenger” lenders are finding it slow and expensive to build up market share, the Financial Conduct ...

Germany’s Thyssenkrupp Marine Systems (TKAG.DE) will build three advanced submarines for the Israeli Navy in a deal worth 3 billion euros ($3.4 billion), the Israeli Defense Ministry said on Thursday. ...

Turkey’s central bank said on Thursday it expected a disinflation process to start on the back of measures taken for sustainable price and financial stability, and so it halted ...

Unilever’s (ULVR.L) strategy was under the investor microscope on Thursday after the consumer goods giant effectively abandoned its $68 billion pursuit of GlaxoSmithKline’s (GSK.L) consumer healthcare business. ...

The Cyprus Minister of Energy, Commerce and Industry announced this week that its commercial renewable energy system incentive schemes, including for the creation of photovoltaic parks, have been deemed successful. ...

By George M. Georgiou Debates about central bank independence have traditionally focused on monetary policy, specifically the setting of interest rates. A central bank, it is argued, should be free ...

Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in local currencies, in a sign of warming diplomatic relations that provides Ankara ...

The Price Index of Construction Materials increased by 17.1 per cent during December of 2021, compared to the corresponding month of the previous year, rising to 119.66 points (based on 2015 = 100), according to the ...

– Inflation in Britain rose faster than expected to its highest in nearly 30 years in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to ...