#business

The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down ...

Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to ...

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge when ...

By Ioannis Tirkides Central banks have been tightening for the most part of the year and will likely continue for a little longer into the early part of the new ...

Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking up certain content, according to two people familiar ...

Turkish locals’ forex and precious metal holdings dipped below $200 billion for the first time since May 2020 to stand at $199.34 billion as of Dec. 16, central bank data showed on Thursday. When ...

Britain’s finance ministry said on Thursday it expects to conclude a ground-breaking deal with Switzerland on cooperation in financial services by late summer next year, helping the City of ...

British car production rose 5.7 per cent in November from a year earlier, although output levels were still one-fourth lower than pre-pandemic levels, as global chip shortages and supply chain issues ...

Billionaire Michael Bloomberg, the owner of Bloomberg L.P., is interested in acquiring either Wall Street Journal parent Dow Jones or the Washington Post, news website Axios reported on Friday, ...

Short-term accommodation services company Airbnb ABNB.O must provide information in rental contracts to tax authorities and withhold tax under a national regime, the European Union’s top court ruled ...

Wall Street’s major averages closed lower on Thursday with technology-heavy Nasdaq’s 2% drop leading losses as investors worried that data showing a resilient economy would lead the U.S. ...

Rising interest rates have not hit the real estate market as sales are up by 36 per cent compared to the same period last year, according to Elikkos Elia, director of ...

Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has been perhaps the most turbulent year investors ...

Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its cocktail of cheap money and leveraged bets, shunned by the establishment. The preeminent cryptocurrency has lost 60 ...

A proposal to bar federal employees from using Chinese app TikTok on government devices appeared set to become law, threatening to deal a blow to the company’s reputation and ...

Cash is losing its top spot as the euro zone’s dominant means of payment, a European Central Bank survey showed on Tuesday, in a historic shift for a part ...

To borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes, contagion, collapses came in such quick succession ...

By George Christou Hellenic Bank CEO, Oliver Gatzke, after a two-month absence from his post, returned to the helm 10 days ago determined to deal with all pending issues facing and ...

Cypriot businesses spend approximately one third of their total advertising budget on digital channels, with seven out of ten businesses estimating that they spend up to €100,000 on digital advertising, according ...

Hourly labour costs, which take into account the total cost incurred per hour, increased by 5.5 per cent in the third quarter of 2022, compared to the corresponding quarter of the previous ...

The Cypriot government generated a surplus of €651.4 million for the period between July and September 2022, compared to a surplus of €319.5 million in the corresponding period last year, according to a ...

British house prices look on track to drop by about 5 per cent next year, as home-buyers face higher interest rates, a squeeze on disposable income and a potential rise in ...

The pound eked out a small gain on Tuesday in thin trading ahead of the Christmas holidays, but was on track for its strongest quarterly gain against the dollar since 2009. ...

“Call of Duty” maker Activision Blizzard Inc’s (ATVI.O) chief operating officer Daniel Alegre will join “Bored Ape” NFT maker Yuga Labs as its chief executive, the metaverse startup ...