Business

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials ...

Oil major Chevron have begun drilling an appraisal well, the second, at their Aphrodite gas discovery offshore Cyprus, media reports said on Thursday. Estimated to cost about €100 million, the drill ...

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian ...

Persistent staff shortages at Paphos hotels significantly affect the quality of services offered, the head of the Paphos hotel association Thanos Michaelides said on Thursday. The issue of finding staff ...

Britain’s services sector kicked off the second quarter with its fastest growth in a year, boosted by new orders, but it passed the cost of rising wage bills on ...

Cryptocurrency trading and investments are highly volatile. That is why savvy investors always look for the safest place to put their funds and watch it grow. While many crypto projects ...

With the rising success of TMS Network (TMSN), other crypto projects are having a hard time competing. Projects like Litecoin (LTC) and Ethereum Classic (ETC) have their own place in ...

Three executives from Cypriot fintech Ask WiRE have clinched the first prize in the Bank of Greece Datathon 2023, which was the first National Open Data Application Competition. Terpsi Mitsi, Marios ...

The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion ...

President Nikos Christodoulides on Thursday discussed ways to exploit the hydrocarbons found within the EEZ with international energy experts, saying that local energy needs are a priority. During his meeting ...

International paytech company payabl. has been ranked as one of the top 50 fastest-growing technology companies in the Middle East and Cyprus, according to the Deloitte Technology Fast 50 programme. This year, ...

A former product manager at non-fungible token (NFT) marketplace OpenSea was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on ...

European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently ...

Adidas (ADSGn.DE) is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with ...

We delve into the factors contributing to Collateral Network (COLT)’s presale success and compare it with the performance of (EOS) and Quant (QNT), providing you with valuable insights into ...

Oil prices rose on Thursday but were unable to claw back the more than 9 per cent decline during the previous three days as demand concerns in major consumers overrode signals ...

Junior Achievement Cyprus (JA Cyprus) recently hosted the 10th annual Award Ceremony for its “Student Business 2023” programme with resounding success. This milestone event commemorated a decade of the organisation’s ...

Despite the global uncertainty, the Cypriot economy is continuing a positive course in 2023, Finance Minister Makis Keravnos said. Speaking at the forum of the Cyprus association of financial analysts (CFA) ...

The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase with what may be the last in a historic series of interest rate hikes and ...

The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...

Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...

Median pay for top US CEOs rose 7.7 per cent last year to a record $22.3 million, a new study found, as big stock awards helped the group stay ahead of inflation ...