Banking and Finance

Part II: Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister ...

Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as solid demand for less expensive models offset the impact of a global ...

A hacker is offering information on more than 500 million Facebook Inc users – including phone numbers and other data – virtually for free. News of the latest leak here was first reported ...

Ed Sheeran earned more than £7 million in royalties from “The Shape of You.” Wouldn’t you like to get a piece of that? Dolly Parton is still collecting royalties from ...

Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister addresses nearly ...

There have been global repercussions from the recent block of the Suez Canal for six days by a stranded container vessel. The Suez Canal Authority is claiming $1 billion in damages, ...

The UK government has signed a long-term investment agreement with Abu Dhabi’s sovereign wealth fund Mubadala to invest £1bn in UK life sciences businesses to boost post-pandemic recovery, fDi ...

The EU’s former chief Brexit negotiator Michel Barnier has called for a ceasefire in the vaccines war between Brussels and the UK. In a speech in Zurich marking the ...

Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies and investment firms rushed to get ahead of changes in ...

The Turkish lira has fallen to 9.75 to the euro at this writing, close to a record low. The lira is at 8.33 to the dollar; the record low is 8.53. The British ...

On March 24, the government announced changes to the offer for a ‘Golden Visa,’ – Cyprus residency in exchange for investment, but no passport. However the new offer is little changed from ...

PayPal will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move ...

Covid-19 vaccines developed by Pfizer Inc with BioNTech SE and Moderna Inc reduced risk of infection by 80 per cent two weeks or more after the first of two shots, according ...

Talks on the EU Common Agricultural Policy (CAP) reform held on March 26 broke down over questions like “what does a farmer do” and payment for performance. The CAP accounts for ...

Visa said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies ...

Eurobank has remained in profit for the fiscal year of 2020 despite the difficult conditions posed by the pandemic. Profit after taxes for the fiscal year was €40.1 million, down from €44,5 million ...

Bookings at American Airlines last week through aa.com and the American Airlines app were up 150 to 400 per cent compared with last year, and within a few points of 2019; bookings ...

Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground in one of the world’...

China and Iran, both subject to US sanctions, signed a 25-year cooperation agreement on Saturday to strengthen their long-standing economic and political alliance. “Relations between the two countries have now ...

Investors around the world have poured money into Exchange-Traded Funds (ETFs) this year. More than $800 billion have been invested thus far this year, up from $600 billion in assets under management ...

Credit agency Fitch Ratings on Friday affirmed Cyprus’s ‘BBB-‘ credit rating in a note. A ‘BBB-‘ rating indicates a low indication of default, but some business or economic factors ...

Swiss bank EFG got a solid thumbs-up from credit rating agency Moody’s on Friday, in a review. Moody’s noted the the Zurich-headquartered banking group’s absolute and relative ...

In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II, billionaires saw their riches reach new heights. Now some are talking ...

By George Eid and Andrew Rosenbaum Last week, Roger Zaccar moved his company, which disrupts insurance sales with a mobile app, from Beirut to Limassol. Zaccar told the Cyprus Mail ...