#BusinessTop

The government remains firmly committed to strengthening Cyprus’ fiscal position, promoting sustainable recovery and the long-term stability of the Cypriot economy, Finance Minister Constantinos Petrides said on Saturday after DBRS ...

The Cyprus Foundation of the Sea (CyFOS) announced on Friday that it successfully held an informational workshop on April 6, exploring blue economy funding opportunities through the European Commission’s research ...

The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval from the ...

The war in Ukraine and the sanctions imposed on Russia have ended seven consecutive quarters of growth in the PC market in Europe, the Middle East and Africa (EMEA), said ...

China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over ...

For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. ...

Transport Minister Yiannis Karousos on Wednesday said during a conference held by the Employers and Industrialists Federation (Oev) at the Ayia Napa marina that passenger traffic to Cyprus is expected ...

European Community Shipowners’ Associations (ECSA) president Philippos Philis on Tuesday said that the shipping industry cannot choose to ignore global decarbonisation efforts, despite the complex nature of the undertaking. Philis, ...

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at US banks, in a move meant to ...

The Central Bank of Cyprus on Monday said that the coronavirus outbreak in Cyprus, exacerbated by the emergence of the Omicron variant, led to a sudden tightening of business loan ...

Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from ...

When Silicon Valley chipmaker Marvell learned that one of its chips was found in a Russian surveillance drone recovered in 2016, it set out to investigate how that came to be. ...

The ‘controlled resolution’ of RCB in the wake of the Ukraine crisis is a minor bump in the road compared to the 2013 crisis, but one expert says it could have ...

The rouble has staged a lightening-fast recovery to levels last reached in the days before Russia invaded Ukraine, defying predictions that the war would launch it into freefall. The dramatic ...

Cyprus’ government deficit fell to €465 million at the end of the previous year, reflecting a reduction of €463.87 from 2020, according to a financial report released by the treasury this week. The ...

Russia’s central bank said on Friday it was softening restrictions on foreign fund transfers for individuals for a six-month period. The bank said the measures, which raise an earlier ...

The Cyprus Securities and Exchange Commission (CySEC) announced this week its successful participation in this year’s Global Money Week event, an annual event seeking to promote financial literacy. Organised ...

European stocks were little changed on Thursday, holding near recent one-month highs but set for the biggest quarterly drop since the start of 2020, while oil prices fell and eastern Ukraine ...

The Kremlin indicated on Wednesday that all of Russia’s energy and commodity exports could be priced in roubles, toughening President Vladimir Putin’s attempt to make the West feel ...

Europe’s economy is increasingly strained by Russia’s war in Ukraine as growth stalls, confidence plummets and inflation soars, data and warnings from policymakers made clear on Wednesday. Sanctions ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, on Tuesday held an event in Israel to promote the island as an investment and business destination. The Cyprus Roadshow 2022 ...

Transport Minister Yiannis Karousos and Deputy Minister of Tourism Savvas Perdios on Tuesday stressed the importance of attracting high-quality tourists, who are more resilient to external shocks, as well as ...

The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, a senior ...

Lebanese central bank governor Riad Salameh is a suspect in a case the European Union’s criminal justice agency said on Monday had led to the freezing of some 120 million ...