#BusinessPick

Embattled by a US Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein ...

Top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered (STAN.L) said on Monday, predicting the jump in its price could encourage bitcoin ‘miners’ to ...

British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates could prompt consumers to rein in ...

A total of 35 dishonoured cheques, with a total value of €67,609, were issued in June 2023, while 16 persons (10 legal and 6 natural) were recorded in the preliminary list of the Central Information Register (...

An interview with Polys Polydorou, Regional Manager, for Limassol and Paphos, Altia Can you provide an overview of the real estate market in Paphos and Limassol? How has it evolved ...

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank ...

Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper ...

Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude ...

Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses ...

US chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. “Excited to announce ...

Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply shortages and quality concerns after prices of ...

While the industry consumes lots of trees and produces plenty of waste, grass packaging and new construction materials point toward a more sustainable path. By Tom Cassauwers Switzerland is renowned ...

The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager ...

ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm ...

President Nikos Christodoulides this week underscored the government’s commitment to the shipping industry and praised the multifaceted work of the Cyprus Shipping Chamber (CSC) during a formal meeting held ...

Record demand from India sharply increased Airbus (AIR.PA) orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data showed on ...

US auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker’s advanced driver assistance system ...

Cyprus experienced a significant decline in inflation during June 2023, reaching its lowest level in the past 25 months, according to a report released this week. The inflation rate was measured at 1.9 ...

Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in US oil stockpiles, offsetting fears of ...

Deputy premier Saade Chami said on Friday that deputy governors of Lebanon’s central bank should run it if no governor is appointed by the end of the month, calling ...

British house prices fell last month in annual terms at the fastest rate in 12 years and soaring interest rates are likely to herald more weakness in the housing market, mortgage ...

The number of registered unemployed individuals in Cyprus in June 2023 reached its lowest level in the past 17 months, according to seasonally adjusted data released this week by the state’s ...

The CYENS Centre of Excellence and the Cyprus University of Technology (Tepak) this week signed a cooperation agreement with the aim of further developing joint activities in the fields of ...

Retail sales in the eurozone were unchanged in May, Eurostat said on Thursday, as increased spending on non-food items offset declines for food and automotive fuel. Retail sales volumes in ...