#business

Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue. Binance had paused the withdrawal of Bitcoin, the world’s largest ...

Saudi Arabia’s economy grew by 3.9 per cent year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday. Non-oil activities grew ...

Russian carmaker GAZ (GAZA.MM) has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen (VOWG_p.DE), court records show, adding to two others filed earlier this year. The ...

Here are the top business stories in Cyprus from the week starting May 1: Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...

Forget your hook, line and sinker. An Israeli foodtech company says it has 3D printed the first ever ready-to-cook fish fillet using animal cells cultivated and grown in a laboratory. ...

Inexpensive new materials and sensors will help even small museums prevent irreversible damage to objects. By Alex Whiting Overlooking the waters of the Grand Canal in Venice, the former home ...

Etsy Inc (ETSY.O) on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered on its e-commerce platform as well as higher ...

Deputy Ministry eager to continue green and digital transition efforts, engaged with EU on sanctions With the implementation of the state’s action plan, combined with the quality services and ...

The world’s ecosystems are under threat, and businesses are increasingly recognising that managing nature-related risks is essential for their long-term sustainability. However, understanding and managing these risks can be ...

The number of registered unemployed in Cyprus decreased in April 2023, compared to the same month last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

China’s five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt – with a side of luxury shopping on the agenda. But with ...

The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said on Friday as surveys showed the fight against rising prices was far ...

Economic outlook is optimistic, primarily driven by tourism and domestic activity While Cypriot economic growth is expected to remain strong, driven by tourism and domestic investment, the fiscal outlook is ...

British Airways-owner IAG (ICAG.L) and Air France-KLM (AIRF.PA) on Friday reported bumper summer bookings as travellers pressed ahead with holiday plans despite a cost-of-living crisis. IAG, which also ...

Turkey’s central bank is sticking to its inflation forecast of 22.3 per cent for 2023, Governor Sahap Kavcioglu said on Thursday – less than half of market expectations – even though the decline ...

Apple Inc’s (AAPL.O) results beat expectations on Thursday, showing off the tech giant’s resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads ...

Businesses across all industries are being advised to take action to control rising costs in the face of inflation, according to an analysis by PwC Cyprus’ Leonidas Stavropoulos and Nicos ...

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials ...

Three executives from Cypriot fintech Ask WiRE have clinched the first prize in the Bank of Greece Datathon 2023, which was the first National Open Data Application Competition. Terpsi Mitsi, Marios ...

The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion ...

International paytech company payabl. has been ranked as one of the top 50 fastest-growing technology companies in the Middle East and Cyprus, according to the Deloitte Technology Fast 50 programme. This year, ...

European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently ...