Business

Samsung Electronics (005930.KS) on Thursday said the worst is over for the global memory chip market but announced plans to extend production cuts because a demand recovery is largely constrained ...

The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven’s price cap on ...

A beautifully-listed residential property with a pool in Neo Chorio Paphos, a two-storey five-bedroom house in Timi, or a luxurious four-bedroom residence in Mitsero? Whatever you are interested in for ...

In the burgeoning realm of P2E gaming, a new contender, Pomerdoge, is rapidly gaining attention as a top investment for 2023. Experts believe it could surpass even established cryptocurrencies like ...

A look at the day ahead in European and global markets Is the most aggressive US hiking cycle in a generation finished? After Wednesday’s 25 basis point hike, markets seem ...

The Gen Y Innovation Network, the youth entrepreneurial arm of the UK-Cyprus Enterprise Council (UKCEC), in collaboration with the EPISTEME organisation, recently held an event titled ‘Tech Startups: Opportunities and ...

Debt management firm Themis Portfolio Management on Wednesday released a statement in which it reaffirmed its commitment to collaborate with borrowers to find quick, transparent, and consensual solutions for credit ...

The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9 per cent in its latest World Economic Outlook update released on Tuesday, to reflect the impact of ...

British luxury carmaker Aston Martin’s (AML.L) second-quarter results beat market expectations on Wednesday, powered by higher prices and demand for its DBX707 sports utility vehicle and limited edition ...

Depression and anxiety have been the biggest driver of the increase in Britons who say they are too ill to work, closely followed by a category which includes long-term COVID-19 ...

British billionaire Joe Lewis has surrendered to U.S. authorities in Manhattan and is expected to appear in court later on Wednesday to face insider trading charges, a spokesperson for ...

Deutsche Bank (DBKGn.DE) on Wednesday posted a 27 per cent fall in second-quarter profit as investment banking revenue slumped and warned of the need for cost cuts even though higher ...

NatWest CEO Alison Rose stepped down with immediate effect on Wednesday after she admitted to a “serious error of judgment” in discussing former Brexit party leader Nigel Farage’s relationship ...

Minister of Agriculture Petros Xenophontos on Wednesday said autonomous solar energy is the solution to the problem of exposed cables running through the Paphos forest. The minister’s announcement came ...

A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a decision to impose a massive fine of €400,000 on the Cyprus investment firm Goldenburg Group Ltd. The commission explained that ...

The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Union and calmer financial markets had improved the ...

Morgan Stanley cut Israel’s sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought by Prime Minister ...

Cryptocurrency has redefined investments in the global economy. The modern financial network has been influenced by crypto’s rise by revolutionizing concepts like the Blockchain technology and NFTs. Golden Cask ...

Ariana Resources plc, a mineral exploration and development company listed on AIM, a market for small and medium-size growth companies on the London Stock Exchange, has announced a significant update ...

‘Relentless pursuit for success can lead to a sense of emptiness’ The ceaseless pursuit of success does not come without drawbacks, potentially resulting in business professionals, among other people, feeling ...

In an effort to strengthen their existing cooperation and explore opportunities in the realm of technology and cybersecurity, the Digital Security Authority and the Cyprus Chamber of Commerce (Keve) recently ...

The Republic of Cyprus’ government bond yields have recently shown signs of stabilisation, with the average weighted yield of July bonds reaching 3.64 per cent, compared to 3.61 per cent in the ...

Nestle (NESN.S) and Danone (DANO.PA) are among firms whose product prices in France have risen by more than 10 per cent this year, data shows, potentially putting them under ...