#BusinessTop

Cypriot fintech company WiRE FS CEO Pavlos Loizou this week commented on the state of the tourism sector in Cyprus and how it stands up to financial scrutiny, as well ...

Bank of Cyprus (BoC) said on Friday it had received and unanimously rejected “unequivocally” three unsolicited, conditional, non-binding proposals from Lone Star relating to a possible cash offer for the ...

Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies ...

University and college students in Paphos will have to pay higher rent prices during the upcoming school year, according to a number of municipality and district officials, with the district ...

The euro zone inflation outlook has failed to improve since a July rate hike, European Central Bank board member Isabel Schnabel said, suggesting she favours another large interest rate increase ...

The Finance Ministry on Wednesday announced that the state budget for 2023 and the Medium-term Fiscal Framework (MFP) 2023-2025 are being drawn up in a dual format, one in the traditional ...

China’s EVE Energy Co Ltd (300014.SZ) will supply BMW (BMWG.DE) with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, ...

American Airlines Group Inc (AAL.O) on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major US airline to bet on ultra-fast passenger ...

Revolut, a British financial technology company (fintech) that specialises in digital banking, this week received approval from the Cyprus Securities and Exchange Commission (CySEC) to offer cryptocurrency and digital asset ...

Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to “resilient” Russian supplies. ...

Oil prices settled lower on Monday after disappointing Chinese economic data renewed concerns of a global recession that would be expected to reduce fuel demand. Brent crude futures settled down $3.05, ...

The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national ...

Unity Technologies, a video game software development company based in San Francisco, this week announced that it has agreed to enter a partnership with cloud services giant Microsoft Azure. The ...

The total value of Cypriot bonds held by the European Central Bank (ECB) on its balance sheet stood at €4.29 billion after the public sector purchase programme (PSPP) had concluded in ...

Johnson & Johnson (JNJ.N) will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended US sales of a product ...

The high demand in the Cypriot real estate sector is in the process of being met with numerous high-value investments, with the Limassol district taking the lion’s share, the ...

Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. Brent ...

The automatic price indexation of public wages is relatively limited in the euro area, while public pensions are primarily automatically indexed, either fully or partially, to prices and wages, according ...

Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a ...

The Association of Cyprus Tourist Enterprises (Stek) on Tuesday called on the state to intervene so that the issue of noise pollution in tourist areas is quelled, alleging that Cyprus’ ...

None of the Russians targeted by European Union sanctions have declared their assets to German authorities as required to do under Germany’s sanctions law, the German government said, prompting ...

Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The ...

In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes ...

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing – at a new and permanent cost ...