#business

Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after ...

Household cash is near record levels in the United States, and consumers are using it to pack restaurants and airplanes and buy new cars. Jobs are there for the taking. ...

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with ...

Fenway Sports Group (FSG) would consider new shareholders for Liverpool having frequently received expressions of interest from third parties, the English Premier League club’s American-based owners said on Monday. ...

Apple expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end ...

The belief that Cyprus will be able to face the new risks and challenges in the aftermath of the war in Ukraine was expressed by Minister of Finance Constantinos Petridis, ...

Ryanair RYA.I on Monday posted its largest ever after-tax profit for its key summer season and said it expected very strong passenger and fare growth for years to come ...

Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. “To address (Turkey’s) challenges, the mission ...

Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled ...

A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a central bank digital dollar to speed up settlement time in ...

Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement ...

US cryptocurrency exchange Coinbase Global Inc (COIN.O) on Thursday reported a third-quarter loss as high inflation, rising interest rates and geopolitical tensions weakened demand for risky assets, sapping trading ...

Ratings agency S&P on Friday raised Qatar’s long-term sovereign credit rating to “AA” from “AA-“, citing improvements in the government’s fiscal position. “Qatar’s debt interest ...

American technology giant Apple continued to dominate the tablet market during the third quarter of the year, with a 40.7 per cent share, according to a report released this week by ...

Warner Bros Discovery (WBD.O) posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but investor concerns were tempered by ...

EBay Inc’s (EBAY.O) quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished goods and the ecommerce platform reaped the benefits of expanding its ...

National investment agency Invest Cyprus on Friday announced that through a mission in Kuwait made a series of contacts and presented to local government officials and investors Cyprus’ business and ...

The Cyprus Investment Funds Association (CIFA) this week announced that Cyprus has been chosen to host the 36th iteration of the International Investment Funds Association (IIFA) conference, something which the ...

Cyprus-based education technology company Gear Education on Friday announced that it has entered into an official partnership agreement with software company Jamf. The primary aim of the collaboration is to ...

Investors put money into cash at the fastest pace at the start of a quarter since the 2020 COVID crisis in the week to Wednesday, as heightened volatility and questions over ...

Russia wants the West to ease restrictions on state agriculture lender Rosselkhozbank to facilitate Russian grain exports, according to four sources familiar with the request, made during talks to extend ...

Staggering and unacceptable facts revealed by Web Summit survey about women in technology Over the last 12 months, half of the women in the technology industry have experienced sexism in the ...

The biggest downturn since January 2021 hit British services companies last month, although it was not as severe as first estimated, according to a business survey that underlined the tough times ...

Oil climbed on Friday as the dollar eased and supply risks lingered, though recession fears and China’s COVID outbreaks kept a check on prices. Brent crude futures were up $1.84, ...