Business

Wall Street’s major averages closed lower on Thursday with technology-heavy Nasdaq’s 2% drop leading losses as investors worried that data showing a resilient economy would lead the U.S. ...

There is surprising speculation and uncertainty in the market regarding bitcoin and other digital currencies. A website is a completely automated cryptocurrency trading platform offering the best features like liquidity, ...

The European Central Bank (ECB) on Thursday said it has withdrawn the banking licence of Cyprus’ RCB Bank Ltd. The decision follows the orderly completion of the bank’s voluntary ...

Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter told Reuters, as billionaire owner Elon Musk ...

Sam Bankman-Fried was released on a $250 million bond package while he awaits trial on fraud charges related to the collapse of the FTX crypto exchange. Federal prosecutors in Manhattan have ...

Energy Minister Natasa Pilides on Thursday said the discovery of natural gas in the ‘Zeus-1’ target, which facilitates the utilisation of the deposits identified in block 6 of Cyprus’ exclusive economic ...

The rouble recovered on Thursday after hitting its weakest mark since late April as the prospect of a favourable month-end tax period mitigated concerns over the impact of sanctions on ...

With so many parties involved in a transaction, it’s common for problems to arise due to miscommunication or ambiguities. The website will assist traders in their bitcoin journey with ...

Rising interest rates have not hit the real estate market as sales are up by 36 per cent compared to the same period last year, according to Elikkos Elia, director of ...

Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has been perhaps the most turbulent year investors ...

FTX founder Sam Bankman-Fried left the Bahamas on a U.S.-bound flight to face fraud charges as federal prosecutors announced that two of his former associates had pleaded guilty ...

Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its cocktail of cheap money and leveraged bets, shunned by the establishment. The preeminent cryptocurrency has lost 60 ...

When telecoms gear makers Nokia NOKIA.HE and Ericsson ERICb.ST leave Russia at the end of the year, their departure could steadily cripple the country’s mobile networks over ...

A proposal to bar federal employees from using Chinese app TikTok on government devices appeared set to become law, threatening to deal a blow to the company’s reputation and ...

It can be difficult to stay on top of the trends and decide which tokens to invest your money in for the long run. To make it a bit easier, ...

Cash is losing its top spot as the euro zone’s dominant means of payment, a European Central Bank survey showed on Tuesday, in a historic shift for a part ...

The rouble plunged to its weakest level since early May past 70 against the dollar on Wednesday, taking its monthly losses to almost 14% as fears over sanctions on Russian oil and ...

To borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes, contagion, collapses came in such quick succession ...

Between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block six of Cyprus’s exclusive economic zone (EEZ), the energy ministry ...

By George Christou Hellenic Bank CEO, Oliver Gatzke, after a two-month absence from his post, returned to the helm 10 days ago determined to deal with all pending issues facing and ...

As we gear up to close the 2022 trading year, many investors are scampering for worthy investments that guarantee high returns with less risk. Due to the high volatility of many ...

Cypriot businesses spend approximately one third of their total advertising budget on digital channels, with seven out of ten businesses estimating that they spend up to €100,000 on digital advertising, according ...

Billionaire Elon Musk said he will step down as chief executive of Twitter Inc TWTR.N once he finds a replacement, but will still run some key divisions of the ...

Hourly labour costs, which take into account the total cost incurred per hour, increased by 5.5 per cent in the third quarter of 2022, compared to the corresponding quarter of the previous ...