#business

Britain’s Office for National Statistics said on Friday that it was cancelling the release of producer price inflation (PPI) data due on Dec. 14, after the discovery of further potential ...

British shoppers used cash in only 15 per cent of transactions in 2021, half the level of the year before and down from nearly 40 per cent before the COVID-19 pandemic, retailers said ...

A US judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that its upcoming annual general meeting, which will take place on December 19 in Nicosia, will also commemorate the chamber’...

The East Mediterranean Gas Forum (EMGF) this week announced that it has decided to approve the proposal of the Cypriot Presidency of the forum for the creation of a Scientific ...

The trading arm of Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery as the industry grapples with EU sanctions on shipping ...

A US bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose ...

Oil prices rebounded on Thursday amid optimism over China’s easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. ...

Teams built amazing solutions for improving life in Cyprus and the AdTech industry A few months ago I saw board ads in downtown Limassol advertising an open hackathon by AdTech ...

Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital deployment is slowing as a series ...

The Bank of England will add another 50 basis points to Bank Rate next week and take borrowing costs to 3.50 per cent, despite the economy falling into recession, as it battles ...

Britain’s labour market cooled noticeably last month, with demand for staff and pay growth easing, and staff shortages became less acute, a survey showed on Thursday. The monthly index ...

US crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take “weeks rather than ...

Egypt’s annual urban consumer inflation rate surged to a five-year high of 18.7 per cent in November, closely matching analyst expectations, data from the statistics agency CAPMAS showed on Thursday. ...

European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel when it has passed through other ...

Cyprus Chamber of Commerce and Industry (Keve) secretary general Marios Tsiakkis this week said that this year has been a critical one for Cypriot tourism, posing many challenges for all ...

Cypriot company Tototheo Maritime, a leading maritime technology integrator and provider, this week announced that its co-CEO Despina Panayiotou Theodosiou was included in Lloyd’s List of 100 People in Shipping, ...

Microsoft (MSFT.O) has entered into a 10-year commitment to bring the gaming title “Call of Duty” to Nintendo (7974.T) platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, ...

Global ratings agency Fitch this week announced that it has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B-‘ and Viability Rating (VR) to ‘b+’ ...

FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as US authorities probe the crypto exchange’s collapse, ...

Turkey’s MNG Airlines will list on the New York Stock Exchange through a merger with Golden Falcon Acquisition Corp (GFX.N), a special purpose acquisition company (SPAC), the Turkish ...

British house prices slid last month by the most since the global financial crisis as the slowdown in the housing market intensified, mortgage lender Halifax said on Wednesday. House prices ...

Mitchells & Butlers Plc (MAB.L) said on Wednesday recent sales in the new fiscal year were encouraging, but the British pub and restaurant group flagged challenges arising from surging ...

The Council for Registration of Real Estate Agents on Tuesday said that an important measure will soon be implemented that will have a bearing on the Cypriot property market and ...