Business

Cyprus’ government debt fell to €23 billion at the end of 2022, reflecting a 3.9 per cent decrease compared to December 2021, according to a report published on Friday by the Public Debt Management ...

The head of the Cyprus association of entertainment venues (Osika) Neophytos Thrasyvoulou on Friday said that high costs and struggles with finding staff continue to be the main issues facing ...

By Ioannis Tirkides The war in Ukraine is a cataclysmic event in both economic and political terms. It signals the return of great power politics; it marks the weaponization of ...

Mercedes-Benz (MBGn.DE) said on Wednesday it has teamed up with Google (GOOGL.O) on navigation and will offer “super computer-like performance” in every car with automated driving sensors as ...

The number of foreign visitors arriving in Turkey jumped 56.51 per cent from a year earlier to 2 million in January, tourism ministry data showed on Friday. The arrivals compared with 1.28 million ...

Turkey’s central bank cut its main interest rate to 8.5 per cent from 9 per cent on Thursday, moving to cushion the economic impact of a devastating earthquake that killed more ...

He can’t pour tequila fast enough. Premium shots. Margaritas. Palomas. The occasional sunrise. “We definitely run out every weekend,” says Shubham Walavalker, a 24-year-old bartender, who’s struggling to ...

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 66 cents, ...

Lebanese authorities charged longtime central bank governor Riad Salameh, his brother Raja and one of his assistants on Thursday with money laundering, embezzlement and illicit enrichment after months of delay ...

The German economy contracted more strongly than expected in the final three months of 2022, as inflation and the energy crisis took their toll on household consumption and capital investment. The ...

Decentralized Finance (DeFi) is about creating secure, fast, and uncensored financial services like crypto lending, staking, yield farming, etc. The world of decentralized finance is making waves and a host ...

Property investment in Larnaca is booming and it is not surprising that investors are highly interested in the city given the variety of properties available for investment and large-scale development ...

Cyprus has been ranked as one of the most social media-obsessed countries in Europe, according to a recently published study by gaming site AskGamblers. According to the site, the study ...

NFTX (NFTX), Aave (AAVE), and Orbeon Protocol (ORBN) are three crypto projects that are committed to decorating investors’ portfolios with mouthwatering ROI. Orbeon Protocol (ORBN) is taking the lead, recording ...

The European Investment Bank (EIB) this week announced that new financing agreements signed in Cyprus for the year 2022 amounted to €250 million, with all of them relating to green projects. In 2022, ...

Cyprus’ tourism revenue for the period between January and December 2022 is estimated to have amounted to €2.43 billion, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

Sam Bankman-Fried and his co-conspirators made more than 300 illegal political donations in the United States, according to a new indictment against the FTX cryptocurrency exchange founder unsealed on Thursday in ...

Climate and human rights activists sued two of France’s biggest corporations over fossil fuel financing and alleged human rights abuses on Thursday, as campaigners increasingly turn to lawsuits to ...

Ukraine’s central bank unveiled a commemorative banknote on Thursday to mark the first anniversary of Russia’s invasion, with one side depicting three soldiers raising the national flag. The ...

Britain’s opposition Labour leader Keir Starmer set out plans for five “national missions” on Thursday, including making the economy the fastest growing among the G7, in a challenge to ...

Cryptocurrency has revolutionized the way investors earn money, and Orbeon Protocol (ORBN) is leading the change with its innovative features that outclass established projects like Cardano (ADA) and Tezos (XTZ). ...

Banks’ shares have stumbled as they forecast pressure on margins Central bank policy rate has risen to 4 per cent, after decade near zero Deposit rates have not risen as fast ...

Russia’s economy proved unexpectedly resilient in the face of tough Western sanctions last year, but a return to pre-conflict levels of prosperity may be far off as more government ...

Oil prices edged up on Thursday, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and demand. Investors ...