Business

Egypt will again use daylight saving time this summer after a seven-year gap, the cabinet said on Wednesday, the latest in a series of government efforts to save energy. Last ...

Cyprus is among the top ten countries for people to retire to, with a focus on affordability, according to a study released on Wednesday by one of the UK’s ...

Strong investor inflows into bond markets this year mean traders and bankers are confident the European Central Bank will have a smooth start to unwinding its huge bond holdings, but ...

The business turnover index in Cyprus experienced increases across all sectors of economic activity during 2022, compared to the previous year, according to a report released this week by the Cyprus ...

Binance’s stablecoin, Binance USD, has seen around $6 billion of outflows following a US regulatory crackdown on the company that issues the token, according to market tracker CoinGecko. Paxos Trust ...

Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from source of speculation to hedge against inflation – ...

Eli Lilly and Co (LLY.N) said on Wednesday it would reduce prices by 70 per cent for its most commonly prescribed forms of insulin. The US drugmaker said the reduced ...

As was recently announced, the new Deputy Minister of Research, Innovation and Digital Policy is Philippos Hadjizacharias. Hadjizacharias is the managing partner of the consulting and audit firm PHS & ...

Hellenic Bank on Wednesday released its financial results for 2022, posting a full-year profit of €24.2 million, marking a rise of 307 per cent year-on-year. In addition, it managed to further de-risk its ...

Tesla (TSLA.O) is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan. The changes to the Model Y – code-named Project ...

Overall activity in the euro zone’s manufacturing sector contracted again in February but output increased for the first time since May as supply chains continued to heal, a survey ...

Orbeon Protocol (ORBN) has successfully surpassed the growth rates of long-standing cryptos due to its value proposition and market viability. The ongoing presale round of Orbeon Protocol (ORBN) has increased ...

OnlyFans, an online platform known for adult content, should pay UK value added tax (VAT) on the full amount paid by subscribers to content creators, not only its 20 per cent ...

There are thousands of cryptocurrencies out there for investors to choose from and it can be daunting to sift through them all. Here are three coins that we think merit ...

Many EU companies function with subsidiaries in the U.S. and in fact the inverse is also true. Lately, Wyoming stands out as a strong counterpart in the U.S. ...

British retailer Marks & Spencer will raise hourly pay for over 40,000 store workers by 7 per cent from April a third rise in just over two years that may catch the ...

Intel Corp (INTC.O) on Tuesday released a software platform for developers to build quantum algorithms that can eventually run on a quantum computer that the chip giant is trying ...

US payment giants Visa (V.N) and Mastercard (MA.N) are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook ...

British supermarket group Sainsbury’s (SBRY.L) plans to consolidate five existing Sainsbury’s and Argos general merchandise depots into three, closing two by 2026, in a move that will impact 1,400 ...

In 2021, general government total expenditure in the EU amounted to 51.5 per cent of gross domestic product (GDP) and was still influenced by the COVID-19 pandemic and government measures to mitigate ...

The PEO trade union on Tuesday called on the new government to bin the revised strategy on hiring foreign workers – announced by the outgoing administration a week ago – saying that ...

Low-cost carrier Wizz Air on Tuesday announced a new route from Larnaca to Abu Dhabi. The route will become operational on July 3 with triweekly (every Monday, Wednesday and Friday) flights ...

The Biden administration announced measures to crack down on child labor on Monday amid a steep rise in violations and investigative reports by Reuters and other news outlets on illegal ...

While negative trends cover many crypto headlines, three projects looking to turn the tables are Ripple (XRP), Cardano (ADA) and Orbeon Protocol (ORBN). After surging in value throughout January, Ripple (...