Business

The Cypriot government generated a surplus of €651.4 million for the period between July and September 2022, compared to a surplus of €319.5 million in the corresponding period last year, according to a ...

British house prices look on track to drop by about 5 per cent next year, as home-buyers face higher interest rates, a squeeze on disposable income and a potential rise in ...

The pound eked out a small gain on Tuesday in thin trading ahead of the Christmas holidays, but was on track for its strongest quarterly gain against the dollar since 2009. ...

Cyprus’ coastal Pissouri and Kalopanayiotis in the mountains made it onto the UN’s ‘Best Tourism Villages’ of 2022, alongside 30 others ranging from Austria to Vietnam. The World Tourism Organisation (UNWTO) ...

“Call of Duty” maker Activision Blizzard Inc’s (ATVI.O) chief operating officer Daniel Alegre will join “Bored Ape” NFT maker Yuga Labs as its chief executive, the metaverse startup ...

The Central Bank of Cyprus (CBC) on Tuesday announced the launch of a new Innovation Hub in the field of financial technology (fintech), in an effort to encourage and support ...

The Department of Lands and Surveys (DLS) said it will modernise and update its records so that each property is assigned to its owner with their ID number. Elikkos Elia, ...

The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. ...

BlackRock (BLK.N) plans no major changes to the way it engages with companies and votes on environmental and social issues in the year ahead, despite a backlash against its ...

By Elias Hazou and Iole Damaskinos A rise in the cost of electricity is inevitable for Cyprus beginning in early February, due to the country’s reliance on electricity production ...

The outgoing government will hand over an economy built on solid foundations, as well as a state apparatus ready to respond to any unforeseen crises, President Nicos Anastasiades said on ...

The main criticism of investing in cryptocurrencies is that they are too volatile and risky. Many of the coins on the market today do not offer long-term stability and profitability. ...

South Korean battery maker LG Energy Solution (373220.KS) said on Monday it plans to invest 4 trillion won ($3.1 billion) from this year to 2026 in a facility making batteries for electric vehicles ...

With rising interest rates and limited supply putting home ownership out of reach for a growing number of people in emerging Europe, global and local real estate investors are placing ...

The Paphos Chamber of Commerce and Industry (Evep) on Monday vowed to provide training resources for SMEs and entrepreneurs, including both existing and future ones, as well as examples, best ...

Rating agency DBRS Morningstar this week said that Cyprus was one of only five countries whose credit rating it upgraded during 2022, a year marked by a plethora of challenges, all ...

Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, ...

The European Commission on Monday said it has warned Facebook parent company Meta (META.O) that it is breaching EU antitrust laws by distorting competition in markets for online classified ...

Shareholders in Uniper UN01.DE on Monday approved a state bailout that has so far cost the German government more than 50 billion euros ($53 billion), paving the way for a de ...

Britain‘s government said on Monday that it would freeze taxes on alcohol until August, reversing a decision taken only two months ago by finance minister Jeremy Hunt and partially ...

“Fortnite” creator Epic Games will pay $520 million to settle allegations that it illegally collected children’s personal information and tricked people into making purchases, the Federal Trade Commission and the ...

Nicola Osypka’s German company has been selling medical devices used in surgery on newborn babies in Europe for decades, but new European Union rules have forced her to make ...

Kassatly Group Holding, a major player in the regional beverage sector, said that it will move to the island by the end of next year Lebanese drinks giant Kassatly Group ...

A revamp of Spain’s labour rules has led to a 142 per cent rise in young workers with permanent contracts in a country where rates of youth unemployment and under-employment ...