Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Investing in cryptocurrency has become increasingly popular in recent years, and Binance Coin (BNB) is one of the top coins attracting investors’ attention. BNB is a token that powers the ...
Investing in Bitcoin has become increasingly popular over the years, with many people seeing it as a way to make a quick profit. However, there are both pros and cons ...
BT Group (BT.L), Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030 – potentially over 40 per cent of its workforce – as it completes its ...
Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled Silicon Valley Bank two months ago and sparked turmoil ...
If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2 per cent bounce over the last month ...
The cryptocurrency market is known for its volatility, with coins like Cosmos (ATOM) and Filecoin (FIL) experiencing recent stumbling blocks. However, amidst the turbulence, TMS Network (TMSN) stands out with ...
Deutsche Bank AG (DBKGn.DE) has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the ...
Global economic uncertainty, stress in the banking sector, and geo-political factors have massively impacted the financial markets over the past few months. Amidst the market uncertainty, the cryptocurrency industry has ...
The Central Bank of Cyprus (CBC) on Wednesday reported a decrease in non-performing loans (NPLs) at the end of February 2023.
NPLs decreased by approximately €60 million compared to the previous month, ...
The Ministry of Finance this week stated that while the Cypriot economy is facing a period of increased uncertainty, its growth rate remains relatively high compared to other EU countries, ...
Euro zone inflation accelerated last month, Eurostat said on Wednesday, confirming preliminary data pointing to increasingly stubborn price growth among the 20 nations sharing the euro.
Overall price growth accelerated to 7.0 ...
Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel of UK lawmakers said in a report on Wednesday.
Britain, ...
As Cyprus braces for an almost inevitable new wave of sanctions to hit soon, the government conceded on Wednesday the effect on Cyprus’ services sector has been detrimental.
The impact ...
British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated, Stellantis (STLAM.MI) has told the UK parliament, the latest in ...
The Cyprus Statistical Service (Cystat) on Wednesday reported a notable deceleration in harmonised inflation for the month of April.
According to the report, the Harmonised Index of Consumer Prices (HICP) ...
Tradecurve (TCRV) appears to be the cream of the crop as it brings innovation to an established market and is currently in Stage 1 of its presale! Even though prominent tokens ...
Robust growth in tourist arrivals in Cyprus reaffirms post-pandemic recovery
Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period last year, according ...
Tesla Inc (TSLA.O) boss Elon Musk, who has never used traditional advertising to sell cars, said on Tuesday that the automaker would try it and see whether it produced ...
UBS Group AG (UBSG.S) was rushed into buying cross-town rival Credit Suisse Group AG (CSGN.S) in a deal it did not want, as a global bank crisis worsened ...
Move over dogecoin?
“Memecoins” – a hyper-speculative, ultra-volatile and somewhat peculiar class of crypto – are back in the spotlight after the latest digital token hit the market with stratospheric gains.
Pepe, ...
Typically, older coins like Uniswap (UNI) and AAVE (AAVE) are more volatile and fluctuate in the crypto market compared to presale tokens like TMS Network (TMSN), which has performed well ...
SushiSwap, a leading decentralized exchange, has recently launched its Version 3 (V3) concentrated liquidity pools, expanding its reach across numerous networks. This strategic move is designed to enhance capital efficiency within ...
Those involved in real estate know that the three most important variables to consider when purchasing a home are location, location, and location. Despite the cliché, location is vital, and ...
The Minister of Finance Makis Keravnos participated in the work of the Economic and Financial Affairs Council (ECOFIN), which ended on Tuesday afternoon in Brussels.
According to an announcement by ...