Business

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 ...

The Cyprus Foundation of the Sea (CyFOS) announced on Friday that it successfully held an informational workshop on April 6, exploring blue economy funding opportunities through the European Commission’s research ...

Artemis Banking Information Systems announced on Friday that it has adopted a new name, with the company now being renamed Artemis Credit Bureau Ltd. Artemis is Cyprus’ only credit bureau, ...

Limassol-based regulatory reporting firm Point Nine announced on Thursday that it has agreed to enter a partnership with regulatory specialists Kaizen Reporting. Kaizen Reporting, a London-based firm, have previously combined ...

Inflation jumped to 7.1 per cent, the highest level in 26 years, in March 2022, on an annual basis, according to data released by the Cyprus Statistical Service earlier this week. This is ...

No one is preventing Turkey from having a role in energy developments in the Mediterranean, once it has agreed with the Republic of Cyprus on the delineation of the exclusive ...

Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies. The 28...

The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval from the ...

Russia’s central bank said on Thursday that due to a “significant change in market conditions” it would buy gold from commercial banks at a negotiated price from April 8. On ...

Cancelled flights and long queues at British airports caused by a lack of staff due to the coronavirus pandemic will hit confidence and hold back recovery unless the problems are ...

The war in Ukraine and the sanctions imposed on Russia have ended seven consecutive quarters of growth in the PC market in Europe, the Middle East and Africa (EMEA), said ...

Lebanon’s parliament is ready “with great seriousness” to secure the necessary legislation and reforms to make a programme supported by the International Monetary Fund (IMF) a success, parliament speaker ...

The Paphos regional board of tourism (Etap) this week announced that it participated in the inaugural meeting for the U-Mar Project, in Sicily, as part of the actions of the ...

Airbus (AIR.PA) and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase and rattles some ...

Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third stake is still ...

In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to transport their cargo abroad. They are just some of the 24,190 ...

China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over ...

Shell (SHEL.L) will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the ...

For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. ...

Revenues from tourism in the first month of 2022 exceeded €28 million, with the rate of decline in revenue compared to the pre-pandemic era, meaning January 2020, remaining lower than the corresponding rate ...

The value of Total Assets under Management reached €11.6 bn in the fourth quarter of 2021, recording a minor decrease of 0.2 per cent compared to the third quarter of 2021, according to the ...

Russia edged closer to a potential default on its international debt on Wednesday as it paid dollar bondholders in roubles and said it would continue to do so as long ...