#business

Following a decision by the Board of Directors of Alpha Bank Cyprus and the necessary approvals from regulatory authorities, Miltos Michaelas has taken on the role of CEO of Alpha ...

H&M (HMb.ST) shares hit a 16-month high on Thursday after its second-quarter profit beat estimates with its summer collection doing well as warmer weather arrives in Europe. ...

Binance’s European banking partner Paysafe Payment Solutions said on Thursday it will cease offering its embedded wallet solution to the US cryptocurrency exchange across the European Economic Area (EEA) ...

The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with market uncertainty ...

Preliminary data released by the state’s statistical service on Thursday revealed a 7.2 per cent increase in average gross monthly earnings for employees during the first quarter of 2023, compared to ...

According to data released by the Central Bank of Cyprus (CBC) this week, total deposits in May recorded a net increase of €164.8 million, reaching €52 billion. In addition, loans saw a ...

Apple’s (AAPL.O) stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose 0.6 per ...

US technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people of Ukraine “living under attack.” But Reuters ...

A key measure of corporate profitability in the euro zone rose to a record high last quarter, keeping up pressure on inflation as the long-awaited drop in business margins is ...

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative produces 3,400 miles away on a list of essentials that would ...

One of the world’s most common artificial sweeteners is set to be declared a possible carcinogen next month by a leading global health body, according to two sources with ...

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the organisation’s efforts have helped to correct the misconception about the use and purpose of ...

Christina Achilleos, an expert EU Funding Consultant from Larnaca, Cyprus, recently took centre stage as a distinguished panellist at the Carpathian Startup Fest in Rzeszow, Poland on June 15-16 2023, representing ...

Thanos Michaelides has been elected as the new president of the Cyprus hoteliers association (Pasyxe), following an election that took place this week, according to an official announcement by the ...

The Cyprus Shipping Chamber (CSC) on Wednesday welcomed the ratification of the Hong Kong Convention on Safe and Environmentally Sound Ship Recycling by Bangladesh, one of the leading countries in ...

Deputy Minister of Tourism Kostas Koumis announced on Wednesday the approval of a memorandum of understanding with Saudi Arabia in the tourism sector, as well as the establishment of a ...

The bank also reiterated its complete adherence to sanctions issued by the US, EU and UK Hellenic Bank CEO Oliver Gatzke addressed shareholders, employees and other participants at the bank’...

UBS Group (UBSG.S) is looking to cut more than half of Credit Suisse’s workforce from next month as a result of the bank’s takeover, Bloomberg News reported ...

Britain attracted more foreign direct investment (FDI) projects in 2022/23 than the previous year, but they generated fewer new jobs, government figures showed on Tuesday. Data from the Department for Business ...

Limassol-based broker Freedom Finance Europe this week announced that it served as a general partner of the recently-held Cyprus-Kazakhstan Business Forum, which took place in Almaty, Kazakhstan, on June 21. The ...

European Central Bank policymakers don’t generally expect evidence that stubborn inflation is easing to be clear enough for them to pause the longest streak of interest rate hikes in ...

One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according to a report published on Wednesday by food bank charity ...

Wall Street banks and brokerages are in a last-minute scramble to meet a July 3 deadline to charge investors for research reports, bankers and others in the industry said, a requirement ...

The Cypriot flag has been included among the flags of countries listed in the white list of the Paris and Tokyo memoranda, according to Deputy Minister for Shipping Marina Hadjimanoli. ...