#BusinessTop

VTB Capital last week lowered a large Russian flag at its palatial building opposite the Bank of England in London’s financial district, signalling a retreat from one of the ...

The foldable smartphone market is expected to grow massively in the coming years, exceeding 30 million units by 2024, according to a report released this week by technology analysts Canalys. “The key ...

The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including cutting off a number of Russian ...

Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and will make the decision public on March 4, a person familiar ...

Several companies, including automakers Volkswagen (VOWG_p.DE) and Renault (RENA.PA) and tire maker Nokian Tyres (TYRES.HE), on Friday outlined plans to shut or shift manufacturing operations following ...

Targeted actions are being taken to promote Cyprus in the United Arab Emirates, including an event held in collaboration with the Abu Dhabi Chamber of Commerce & Industry, national promotion ...

Oil prices jumped on Friday by nearly 3 per cent on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it ...

Cypriot financial technology company WiRE, which specialises in the property market, generating analysis, business insights and data reports, announced on Wednesday the successful completion of its seed funding round. The ...

Russian state-owned VTB Bank (PJSC) has transferred all its shares in RCB Bank to Cypriot shareholders, making RCB a 100 per cent Cypriot-owned bank. VTB transferred to the Cypriot shareholders the 46.29 ...

In the north German state of Mecklenburg-Vorpommern, where former Chancellor Angela Merkel was born, ties to Russia run deep – so deep, in fact, its leaders have defended a Kremlin project ...

The Russian rouble tumbled to a record low on Thursday, the euro sank to a multi-year low to the Swiss franc, and the yen jumped after Russian forces attacked Ukraine, ...

Real estate agents being granted access to property price data is beneficial to property buyers, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Wednesday. This refers ...

The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow’s recognition of two separatist regions in Ukraine as independent entities. Chief among ...

The coronavirus pandemic has had less of an adverse on mergers and acquisitions across the world, according to a report on global trends by professional services network Lex Mundi. “The ...

Global stocks tumbled while safe-havens rallied and oil surged on Tuesday as Europe’s eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into ...

The Bank of Cyprus posted an after-tax profit of €30 million and a profit after tax and before non-recurring items of €91 million in its financial results released on Monday. “2021 saw a ...

The euro rallied and the dollar retreated on Monday as investors pulled capital away from safe havens after US President Joe Biden and Russian President Vladimir Putin agreed in principle ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, has entered a collaborative initiative with counterparts from 16 other EU member states seeking to attract technology industry employees to their ...

Technology that merges the virtual and physical worlds could start to become a reality for consumers in a few years, Facebook owner Meta Platforms Inc (FB.O) has told advertising ...

Cyprus’ representation at the Egypt Petroleum Show (EGYPS) in Cairo, which concluded on Wednesday, was a success, national promotion agency Invest Cyprus said on Friday. The agency said that Cyprus’ ...

Finance Minister Constantinos Petrides on Friday met with the Association of Cyprus Banks, discussing the issue of loans being mislabeled as non-performing, Estia scheme appeals, as well as non-viable borrowers, ...

Airbus (AIR.PA) hopes to reach an amicable solution in a row with Qatar Airways over damage to the surface of A350 passenger jets, Chief Executive Guillaume Faury said on ...

The Ministry of Energy, Commerce and Industry on Thursday announced a range of programmes to support households and businesses, worth €158 million in total, scheduled for launch throughout 2022. During a presentation ...

President Tayyip Erdogan’s government is hoping that Turks will endure soaring living costs for just a few more months before inflation begins easing and tourists arrive, helping the economy ...