Business

First Republic Bank (FRC.N) faces dwindling and tough options to turn around its business with the creation of a ‘bad bank’ or asset sales possibilities, a source familiar with ...

President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if ...

Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due to rising foreign currency demand as the May elections approach, ...

Global diesel margins have slumped by about half since February, dragging on refiners’ profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in ...

The general secretary of the labour union PEO Sotiroula Charalambous this week announced that the union will meet with the Labour Minister on Friday to have a discussion over the ...

The Cyprus IT Enterprises Association (CITEA), a member of the Employers and Industrialists Federation (Oev), announced this week that it held a meeting with the new Deputy Minister of Research, ...

First-quarter job opportunities in London’s financial sector plunged by almost a third year-on-year, recruiter Morgan McKinley said on Tuesday, as firms struggle with economic and geopolitical headwinds. The collapse ...

What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get ...

The world’s top central banks are cutting the frequency of their dollar liquidity operations with the US Federal Reserve from May, sending the clearest signal yet that last month’...

Cyprus and Greece have important roles to play in ensuring there are adequate energy reserves, House Speaker Annita Demetriou said on Tuesday, at the conference of EU parliament speakers (EUSC) ...

The president of the Cyprus Employers and Industrialists Federation (Oev) Antonis Antoniou on Tuesday used his speech at the federation’s annual general meeting to welcome the fresh start offered ...

Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales rose 10% at constant currencies, boosted by its directly operated shops and defying a weak Chinese ...

A quarter into record layoffs, investors in US tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be ...

The Deputy Ministry of Tourism, in partnership with the Ayia Napa municipality, on Tuesday announced that it recently held an event focused on providing employment opportunities for Ukrainian refugees currently ...

With Arbitrum (ARB) showing minimal gains in the past week, many investors have left in droves to capitalize on the Sparklo project. This Level One presale project has attracted experts ...

Are you looking for ways to increase the productivity and efficiency of your current employees? Upskilling can be an effective way to do this, but it’s important that you ...

Twitter’s latest partnership with eToro will allow the microblogging site’s users to access real-time investment information. Cryptocurrencies and social media platforms both catalyze innovation and growth in the ...

National flag carrier Cyprus Airways this week announced that there was a significant increase in passenger transport and flights in March. According to the announcement, the airline carried 25,899 passengers in ...

Coca-Cola Co (KO.N) beat Wall Street estimates for quarterly revenue and profit on Monday, as demand for its sodas remained resilient in the face of multiple price increases taken ...

Are you looking to improve productivity and employee morale in your workplace? Having a structured vacation policy is one way that employers can help ensure their employees are getting the ...

First Republic Bank (FRC.N) shares sank more than 20 per cent after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter ...

Managing personal finances can prove daunting for many individuals, but there are some small things you can do today to control your finances. This article will explore five of these ...

In the ever-evolving world of cryptocurrencies, staying up-to-date with the latest market trends is crucial for investors looking to make the most of their digital assets. As we enter 2023 Q2, ...

Russian lender Sberbank (SBER.MM) said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, joining the artificial intelligence chatbot ...