Business

By Maria Demertzis The world’s priority is to end the war. However, when a permanent member of the UN Security Council invades a country, there is more at stake ...

Cyprus and Lebanon are ready to cooperate and exploit undersea gas fields between the two countries, according to Lebanese Foreign Minister Abdallah Bou Habib, who was on an official visit ...

Soaring world energy costs are piling pressure on Turkey’s state energy importer BOTAS to further hike prices as it falls deeper into the red, even as manufacturers complain that ...

Tesla Inc (TSLA.O) CEO Elon Musk on Thursday stepped up criticism of the US securities regulator, calling Securities and Exchange Commission officials “bastards” for bringing fraud charges against him ...

Moody’s said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow’...

Turkey will provide cheaper loans for export and tourism sector investments that earn foreign revenues, President Tayyip Erdogan said on Thursday, adding that “exorbitant” price rises are due mostly to ...

To begin with, investing in cryptocurrencies may appear to be an extreme challenge. Everyone wants to know when to buy and when to sell in order to maximise their profits. ...

The Cypriot economy continues to show signs of growth, improving its performance over the previous year, but external factors are contributing to a loss of momentum, according to a report ...

Undeterred by industry figures showing rents in Istanbul have doubled inside a year, yoga instructor Ceren Tabak was fully prepared to spend most of her salary on housing costs when ...

The prospects of business and trade cooperation between Cambodia and the Larnaca Chamber of Commerce and Industry were discussed at a meeting between the two on Thursday. “The meeting took ...

Severe outbreaks of bird flu in the United States and France are tightening global egg supplies and raising prices for the food staple as the war in Ukraine disrupts shipments ...

Finance Minister Constantinos Petrides has pledged to hold fast amid mounting calls for an increase in government handouts, warning that otherwise the public debt may spiral out of control. Appearing ...

Billionaire Elon Musk has offered to buy Twitter (TWTR.N) for about $41 billion in cash, saying the social media company he has often criticized needs to go private to see ...

The euro rose on Thursday ahead of the European Central Bank meeting expected to outline a clearer schedule for unwinding stimulus, opening up the possibility of a first rate hike ...

Britain’s accounting watchdog will reclaim powers to ban auditors under proposals announced on Thursday. The powers were previously delegated by the government to professional accounting bodies such as the ...

Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies’ depositary receipts from foreign exchanges, according to two ...

Eni (ENI.MI) has signed a deal to boost gas production in Egypt and boost liquefied natural gas supplies to Europe, the Italian energy group said on Wednesday. The move ...

The Cyprus property market prices recovered during the fourth quarter of the previous year, boosted by high local demand, according to the Central Bank of Cyprus’ residential property price index ...

China’s top offshore oil and gas producer CNOOC Ltd. (0883.HK) is preparing to exit its operations in Britain, Canada and the United States, because of concerns in Beijing the ...

An estimated 3.6 million unemployed people in the European Union found employment in the fourth quarter of 2021, according to data released on Wednesday by Eurostat, the EU’s statistical service. This ...

Crypto lender Nexo said it has teamed up with global payments company Mastercard (MA.N) to launch on Wednesday what it calls the world’s first “crypto-backed” payment card. It ...

British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on embattled Prime Minister Boris Johnson and his finance minister Rishi Sunak to ...

Lebanon’s government has agreed to disburse $15 million to temporarily resolve growing bread shortages in the country, Economy Minister Amin Salam told Reuters, while saying that the funds would only ...

Following the invasion of Ukraine by Russia, countries around the world have reacted by putting heavy sanctions on Russia as well as many oligarchs. These sanctions have caused many ripples ...