Business

Hellenic Bank on Thursday released a statement in which it underlined its support for the shipping industry and its people, something which is reflected through its backing of this year’...

Students at the University of Nicosia are to be granted research scholarships after the institution signed a memorandum of understanding with the Bank of Cyprus. The signing of the memorandum ...

Cyprus’ trade deficit for 2022 amounted to €7.1 billion, according to a report released this week by the Cyprus Statistical Service (Cystat). The report revealed that the main trading partner for Cyprus ...

Egypt’s economy will grow 4.0 per cent this fiscal year and 4.5 per cent next even as it endures a continuing depreciation in its currency, a Reuters poll showed on Thursday, ...

Japan’s Toyota Motor Corp (7203.T) set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption ...

A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s ...

National investment promotion agency Invest Cyprus on Thursday announced that it will be holding an event at the Delphi Economic Forum in Greece to promote the country and attract new ...

Barclays reported better than expected first-quarter profit on Thursday after a strong performance from its credit card business offset pressure on other business lines. The British bank’s pretax profit ...

In the cryptocurrency market, investing in tokens that have already peaked is a bad investment. Consequently, Sparklo is seen as a better investment than BitTorrent (BTT) and Cronos (CRO), which ...

Deutsche Bank (DBKGn.DE) reported a better-than-expected 9 per cent rise in first-quarter profit on Thursday as income from higher interest rates offset a slump in revenues at the investment bank, ...

The world of cryptocurrency continues to attract attention as more and more projects strive to make their mark in the space. DigiTOADS (TOADS), a blockchain-based gaming platform, recently made headlines ...

China’s economic growth in the first quarter of 2023 is faster than expected and will help to restart the global economy, president of the Hungarian-Chinese Chamber of Economy has said. “...

Yes, Cyprus is a good place for digital nomads to explore their craving for something beyond beach life. Also, the Cyprus digital nomad visa offers endless opportunities for people in ...

Cyprus Deputy Minister of Tourism Costas Koumis recently met with strategic partners in London in order to ensure a strong summer tourist season and a solid autumn. Speaking to the ...

Microsoft Corp (MSFT.O) and Google-parent Alphabet Inc (GOOGL.O) talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday suggested ...

The state’s Public Debt Management Office this week explained that the interest rate risk for the debt of the Republic of Cyprus remains subdued, despite the ongoing increase in ...

FTX has reached an agreement to sell its crypto derivatives platform LedgerX LLC to an affiliate of Miami International Holdings Inc for $50 million, the bankrupt crypto exchange said on Tuesday. ...

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country’s sovereign wealth fund which was set up in 2014 following the discovery ...

Britain saw a record number of working days lost due to short-term sickness last year and zero annual growth in economic output per hour worked in the final quarter of 2022, ...

The European Union has agreed a deal to set binding targets for airlines in Europe to increase their use of sustainable aviation fuels, in an attempt to kickstart a market ...

With few trusted projects available in the cryptocurrency ecosystem, Sparklo is currently head and shoulders above most projects in their presale stage. In fact, its presale is predicted to have ...

International credit rating agency S&P Global Ratings (S&P) on Wednesday upgraded the Bank of Cyprus and revised its outlook from stable to positive, citing the bank’...

Cypriot real estate and technology company Ask Wire on Wednesday released the latest iteration of its property market index, updated to include the first quarter of 2023, revealing that property prices ...

Innovation has been a constant pursuit for as long as cryptocurrencies have existed. Innovative ideas like non-fungible tokens (NFTs) have changed our thoughts about art. Another major innovation the decentralized ...