#business

Morgan Stanley cut Israel’s sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought by Prime Minister ...

Ariana Resources plc, a mineral exploration and development company listed on AIM, a market for small and medium-size growth companies on the London Stock Exchange, has announced a significant update ...

‘Relentless pursuit for success can lead to a sense of emptiness’ The ceaseless pursuit of success does not come without drawbacks, potentially resulting in business professionals, among other people, feeling ...

In an effort to strengthen their existing cooperation and explore opportunities in the realm of technology and cybersecurity, the Digital Security Authority and the Cyprus Chamber of Commerce (Keve) recently ...

The Republic of Cyprus’ government bond yields have recently shown signs of stabilisation, with the average weighted yield of July bonds reaching 3.64 per cent, compared to 3.61 per cent in the ...

Nestle (NESN.S) and Danone (DANO.PA) are among firms whose product prices in France have risen by more than 10 per cent this year, data shows, potentially putting them under ...

XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price of XRP popped 78 per cent after a ...

Cyprus’ Gross Domestic Product (GDP) growth rate and inflation rate are expected to reach 3 per cent, respectively, for 2023, consistent with the predictions made in May, according to a report released ...

After a successful annual general meeting held on July 17, 2023, the CFA Society Cyprus has introduced its newly elected board of directors for the term 2023-2024, led by the newly appointed ...

Britain is sticking to its plan to ban the sale of new petrol and diesel cars from 2030 but some measures to reduce the carbon footprint of residential homes will be ...

The Turkish Central Bank said on Tuesday it had set the monthly growth limit for lira commercial loans at 2.5 per cent, down from a previous 3 per cent, excluding export, investment ...

Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. ...

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the ...

Real estate agent council determined to safeguard profession from illicit practices In what was described as an “unbelievable incident” exposing the audacity of illegal property brokers, a woman, posing as ...

Eurozone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 ...

The Cyprus Productivity Centre (KEPA) has issued an open invitation for individuals to express their interest in providing training services as part of the National Action Plan for the European ...

Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times ...

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core offering is its World ID, which the company describes as a “digital passport” ...

Oil prices eased on Monday as traders awaited more rate hike cues from US and European central banks, with tightening supply and hopes for Chinese stimulus underpinning Brent at $80 a ...

A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race ...

Local airline Cyprus Airways on Monday released a report detailing its performance during June 2023, during which it carried 59,110 passengers, doubling the figures from the same month of the previous year, ...

Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...

The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets are craving some guidance. ...

Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday. The updated conversion rate is ...