How to play the bitcoin rebound – analysts
Bitcoin has fallen to about half its record high in April of $63,000, and it’s been holding in that range for some time. A rebound...
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How did Danske Bank wind up laundering money?
By Elena Hadjidemetriou and Dr. Louisa Borg Haviaras What went wrong at Dankse Bank? In 2018, Denmark’s largest bank, admitted that its Estonian branch had moved...
Poundland owner to create 13,000 jobs across Europe
The owner of the discount chains Pepco, Poundland and Dealz, Pepco Group , plans to create about 13,000 net new jobs across Europe over the...
Israel says Pfizer vaccine effectiveness down to 39%
The effectiveness of the Pfizer vaccine against Covid-19 has dropped to 39 percent in Israel, the country’s Ministry of Health said on Thursday. The Pfizer...
Italian fashion boss offers vaccine holdouts 6 months paid leave
Italian luxury boss Brunello Cucinelli is offering six months of paid leave to a handful of employees who have refused to vaccinate in order to...
‘Cyprus now has a central plan to transform the economy’ – Finance Minister
The public consultation on “Vision 2035: Long-Term Strategy for the Sustainable Development of the Cypriot Economy,” was launched on Wednesday. Speaking at the launch conference,...
J&J raises revenue forecast, estimates $2.5 bln in COVID-19 vaccine sales
Johnson & Johnson on Wednesday forecast $2.5 billion in sales of its one-shot COVID-19 vaccine this year based on the current price of $5 per...
Nicosia municipality provides €700,000 in aid to local businesses
As Nicosia recovers from the pandemic, the Nicosia municipality is working to give local businesses close to the Green Line a boost. “A lot still...
European travel demand drives easyJet summer comeback
EasyJet plans to fly 60 per cent of its pre-pandemic capacity in July-September as a travel recovery takes hold in mainland Europe, and Britain is...
Cyprus economy gets growth spurt
The Cypriot economy continues to recover after registering an impressive year-on-year growth rate of 11.2 per cent in June according to a report by the...
BioNTech strengthens cancer therapy expertise with US acquisition
BioNTech said it was acquiring a production site and a research and development platform from a subsidiary of US biotech company Gilead (GILD.O) to expand...
Sustainable investments account for about one third of global assets
Sustainable investments total $35.3 trillion, or more than a third of all assets in five of the world’s biggest markets, a report from the Global...
Investing in real estate starts to make sense again
The Cyprus real estate market is finding its legs again, just as, across the globe, the housing market is booming – real estate investment is...
Cyprus-flagged ships violate US sanctions at their own risk
Cyprus-flagged ships violate US sanctions at their own risk, as this country is not legally obliged to enforce those of the US. This is in...
US issues advisory to businesses warning of Hong Kong risks
The Biden administration on Friday issued an advisory to warn US businesses about risks to their operations and activities in Hong Kong after China’s imposition...
Cyprus businesses willing to shoulder the cost of time-off for vaccinations
A decree by the Cypriot government dictating that all businesses give their employees additional annual leave for vaccinations increases costs for businesses, but many are...
UK jobs leap as economy bounces back, pay jumps too
The number of employees on British company payrolls surged in June by the most since the start of the coronavirus pandemic, according to data which...
CySEC has presided over the vast expansion of the Cyprus securities market; new crypto regulations — Chairwoman
“Today, the Cyprus Securities and Exchange Commission (CySEC) oversees 790 entities and 9 trillion transactions by Cyprus Investment Firms, placing it among the first markets...
Turkish central bank holds interest rates; lira slides lower; inflation rages
Turkey’s central bank kept interest rates unchanged for the fourth month in a row on Wednesday, as a weak lira and increasing inflation are expected...
Cyprus should prepare for the Carbon Border tax
The European Commission (EC) plans to impose a carbon surcharge on products entering the EU from third countries, through a Carbon Border Adjustment Mechanism (CBAM), likely...