#business

The US dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards a February jobs report at the end of the ...

The global smartphone market continued to dwindle in the fourth quarter of 2022, capping a poor year for the sector, with a 12 per cent contraction compared to 2021, according to a report ...

Silvergate Capital Corp (SI.N) said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank ...

Mercedes-Benz (MBGn.DE) laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and ...

Russian oil firm Rosneft’s CEO Igor Sechin met with Cuba’s President Miguel Diaz-Canel late on Saturday, the island’s leader said, amid an acute fuel shortage that has ...

Wealth management for institutional clients requires specialisation in order to deal with the tumultuous regulatory environment, as well as all new trends, challenges and opportunities, according to Eurobank Cyprus’ Menelaos ...

Melco Cyprus is fully aware of the role it can play in helping to develop the island’s tourism industry and will ensure that the country becomes a global entertainment ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that it has signed a memorandum of understanding with its Cuban counterpart, as part of the chamber’s strategy ...

Dell Technologies Inc (DELL.N) forecast current-quarter revenue and profit below Wall Street estimates on Thursday, hit by an ongoing demand slump in its PC business due to consumers and ...

Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investments led by local companies, including oil giant Aramco (2222.SE), SABIC (2010.SE) and Ma’aden (1211.SE), under a government-backed initiative, state news ...

Advisory and consulting firm PwC Cyprus on Friday released the findings of its latest CEO survey, with the overarching theme being one of pessimism and caution, particularly when contrasted with ...

Deposits and loans in Cyprus experienced a net decrease in January 2023, according to a report released this week by the Central Bank of Cyprus (CBC). Based on the report, total ...

The Institute of Certified Public Accountants of Cyprus (Selk) this week released a statement congratulating newly-elected president Nikos Christodoulides for his recent election victory. “We also extend our congratulations to ...

The Cyprus Ports Authority this week told the House Finance Committee that its budget for 2023 will generate a slight surplus, while also referring to the upgraded role it has now ...

On Friday, the Nicosia Chamber of Commerce and Industry (Evel) announced that its director Socratis Heracleous met with his French counterpart, the director general of MEDEF Paris, Marie-Sophie Ngo Ky ...

By Maria Demertzis When Russia invaded Ukraine on February 24 of last year, the hope was that this unnecessary and brutal war would last only a few weeks. We are now ...

Brazil’s central bank on Thursday approved Meta Platforms’ (META.O) payments launch for small and medium-sized businesses in Brazil via its messaging application WhatsApp, building on the app’s ...

Microsoft Corp (MSFT.O) is expected to secure EU antitrust approval for its $69 billion acquisition of Activision (ATVI.O) with its offer of licensing deals to rivals, three people familiar ...

Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2 per cent for the week as a rebound in China’s factory activity ...

The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’s dominant services industry, a survey showed, providing the latest piece of evidence ...

Growth in the United Arab Emirates’ (UAE) non-oil private sector in February accelerated slightly from the previous month, supported by a pick up in output growth, although the overall outlook ...

British chip technology firm Arm Ltd, owned by Japan’s SoftBank (9984.T), said on Friday it would pursue a US-only listing this year, dashing the hopes of the British government ...

Cyprus Airways this week announced the launch of a strategic partnership with software solutions firm Atarev, in order to facilitate the Cypriot airline’s objective of offering the lowest available ...

The Cyprus Investment Funds Association (CIFA) on Thursday announced that it has signed a memorandum of understanding with the University of Nicosia, with the two parties seeking to bolster their ...