#BusinessPick

The Ministry of Energy, Commerce and Industry on Tuesday said that over the last two years its grant schemes have exceeded €330 million in total funding. Of this amount, €171 million were ...

Huawei Cyprus on Tuesday announced that the European tour of the Huawei 5G Roadshow 2022 will also include Cyprus, with this year’s event being centred around how 5G networks can ...

The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cryptocurrencies, typically linked to ...

Egypt posted economic growth at 4.4 per cent in Q1 of the fiscal year 2022/23, a cabinet statement said on Monday. The unemployment rate rose slightly to 7.4 per cent in Q1 against 7.2 ...

The European Central Bank warned on Tuesday that it might make a loss as high inflation forces it to raise interest rates and foot the bill of a decade of ...

Cypriot airline Cyprus Airways on Tuesday released a statement saying that it is launching a package holidays platform called Cyprus Airways Holidays. The platform offers a single package, combining Cyprus ...

British fashion group Superdry (SDRY.L) said it is in negotiations to refinance borrowings of up to 70 million pounds ($85 million) with Bantry Bay Capital as it races to secure new ...

Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading centre for yuan Yuan’s share of Russian FX market jumps from 1 per cent to 45 per cent ...

Snap Inc (SNAP.N) will require employees to work from its offices 80 per cent of the time, starting from the end of February, the company said on Monday. “After working ...

Bitfront, a US crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few ...

A senior banker is suing NatWest (NWG.L) for around 4.3 million pounds ($5.2 million) after a London judge ruled that she was discriminated against and unfairly dismissed days after cancer surgery. ...

Microsoft (MSFT.O) is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69 billion bid for “Call of Duty” maker ...

Major cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection along with eight affiliates, it said on Monday, the latest crypto casualty to follow the spectacular collapse of the FTX ...

Britain’s Rolls-Royce (RR.L) said it has successfully run an aircraft engine on hydrogen, a world aviation first that marks a major step towards proving the gas could be ...

By Jamie McGeever As Wall Street reopens after the Thanksgiving holiday, investors are looking for one final push to ensure 2022 ends up being merely grim rather than the bloodbath most ...

Binance Chief Executive Officer Changpeng Zhao said on Friday regulation rather than opposition of the crypto sector is a better option for world governments as digital currencies become more mainstream. ...

State securities regulators are investigating Genesis Global Capital as part of a wide-ranging inquiry into the interconnectedness of crypto firms, Barron’s reported on Friday citing a comment from the ...

Heraclitus once said, “the only constant in life is change.” Change affects us all either in a positive or negative way. In business we try to manage and anticipate change. ...

Thin crowds of inflation-weary consumers hunted for Black Friday deals at stores in big cities including New York, Los Angeles, Chicago and other locales, marking the start of a US ...

Qatar has found itself with an unexpected glut of rooms in the World Cup’s busy group stage, with online portals showing rooms in at least 42 hotels and Airbnb offering ...

The Cyprus Fiscal Council on Friday said that it expects increased pressures on the macro economy for 2023, with forecasts slightly more unfavourable than those of the Ministry of Finance, in ...

Lending criteria became tighter during the third quarter of 2022 in Cyprus, both for businesses and households, according to a bank lending survey conducted by the Central Bank of Cyprus (CBC). ...

The chairman of the Bank of Cyprus’ board of directors Takis Arapoglou this week proceeded with the purchase of 60,000 Bank of Cyprus shares. Based on stock market updates, the purchases ...

By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically low levels, mainly reflecting the markets’ ...