#business

The Philippines gaming regulator will cancel the licenses of offshore gambling firms, most of them Chinese owned, and will work with law enforcement agencies to completely stamp out these operators, ...

Here are the top business stories in Cyprus from the week starting July 22: The European Central Bank (ECB) recently decided to maintain interest rates at their current levels but indicated ...

Stellantis (STLAM.MI) is ready to “fight” for its place in Europe’s electric vehicle market against strong competition from Chinese carmakers, said CEO Carlos Tavares during a presentation of ...

Google is planning to keep third-party cookies in its Chrome browser, it said this week, after years of pledging to phase out the tiny packets of code meant to track ...

It may take a little more time for ether to edge out of bitcoin’s shadow. Investors are more cautious and divided ahead of the US launch of exchange-traded funds ...

Despite a challenging year, Cyprus managed to see an increase in both tourist arrivals and revenues in the first half of the year, Deputy Tourism Minister Kostas Koumis said, while ...

By Charles Ellinas Earlier in July, the EU published its ‘European Innovation Performance Scoreboard 2024’ and in June the IMF published its new ‘AI Preparedness Index Dashboard’. Both put Cyprus in ...

Coca-Cola (KO.N) raised its annual sales and profit forecasts earlier this week, as a round of price increases failed to deter consumers mainly in international markets from spending more ...

Computer mouse maker Logitech International (LOGN.S) raised its full-year sales and profit outlook this week, saying it expected full year sales growth of up to 3 per cent after a ...

Shares in SAP (SAPG.DE) rose as much as 7 per cent to reach an all-time high earlier this week, after Europe’s largest software maker reported better-than-expected quarterly operating income, ...

Nicosia and London-based Journey Mentor, a travel-tech SaaS company, has announced that it has been awarded a five-year IT contract by Total Air Services Ltd (TAS), a prominent provider of ...

Turkey’s central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and extend the pain for an economy on the ...

Cyprus experienced an overall decline in the sales of petroleum products during June, which amounted to 127,395 tonnes, marking a 4.1 per cent decrease compared to June 2023, according to the latest figures ...

The Bank of England’s first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than usual as key policymakers have not spoken publicly for more ...

The Central Bank of Cyprus (CBC) on Friday announced that it has set the reference interest rate at 11.76 per cent. In a statement, the Central Bank of Cyprus said that, ...

Oil prices were little changed on Friday but on track for a third consecutive weekly decline, pressured by muted demand in China and expectations of a Gaza ceasefire deal that ...

Eurozone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday. The ECB’s Consumer Expectations Survey is one ...

Despite a challenging year, Cyprus managed to see an increase in both tourist arrivals and revenues in the first half of the year, Deputy Tourism Minister Kostas Koumis said, while ...

The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged ...

US existing home sales fell more than expected in June as the median house price set another record high, but improving supply and declining mortgage rates offered hope that activity ...

Visa’s (V.N) third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor as steep borrowing costs limited consumer ...

A new law could help Argentina regulate its booming cryptocurrency market as the country aims to reduce risks such as money-laundering associated with the digital assets, experts say. In the ...

The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged ...

The Central Bank of Cyprus (CBC) on Thursday published its monetary and financial institutions (MFIs) report for June 2024, detailing deposits and loan statistics for the month under review. According to ...