Business

Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting ...

Larnaca is quickly becoming a popular tourist destination, according to Costas Koumis, the Deputy Minister of Tourism, who pledged to continue supporting the district’s efforts in making this happen. ...

2023 is shaping up to be a thrilling year for the crypto world, and there are some really exciting projects to take a look at, with TMS Network (TMSN) leading the ...

The memecoin industry has been creating waves in the crypto world, making it the top crypto project to invest in. These memecoins have contributed massively to the growth and success ...

Sometimes the market requires extra perseverance, and your portfolio selections may start to pay off. But if there are those you have given up on, perhaps you can still find ...

Cyprus’ trade deficit increased by approximately €1 billion during the first two months of the year, compared to the same period last year, according to a report released this week by ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced the establishment of the Cyprus-Cambodia Business Association, which aims to promote and strengthen economic and business relations between the ...

Labour union Democratic Labour Federation of Cyprus (Deok) this week issued a statement expressing strong dissatisfaction with the “manifestly inadequate sentence” of suspended imprisonment imposed by the Larnaca permanent criminal ...

DP Eurasia (DPEU.L), which runs the Domino’s Pizza brand in Turkey and Russia, said on Wednesday it was weighing options for its Russian business after reporting a rise ...

Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom, and to instead focus on ...

Energy Minister George Papanastasiou on Thursday floated the idea of importing natural gas quantities from reservoirs in Cyprus’ exclusive economic zone, to be used for power generation, coupled with exports ...

Ukraine’s gross domestic product (GDP) fell by 29.1 per cent in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said late on Wednesday. The final 2022 GDP ...

The recent surge in the crypto market has brought several blockchain-based platforms into the limelight. Among them, TMS Network (TMSN) has been leading the pack with its innovative trading solutions ...

Britain’s biggest retailer Tesco (TSCO.L) forecast flat profit in its new financial year, stemming the 6.3 per cent decline from 2022/23 when soaring inflation battered customers and suppliers alike. With ...

By Michael Ioannou Data breaches are an unfortunate reality of the modern digital landscape, and organisations can be categorized into three groups regarding their information security posture: those that have ...

National investment promotion agency Invest Cyprus on Thursday announced that it has selected Marios Tannousis to become its new chief executive officer. “The Board of Directors of Invest Cyprus has ...

European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is not yet settled, ...

Britain’s economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit less ...

The DeFi crypto landscape is ever-changing, with new projects continuously emerging to capture the attention of investors. One such project is DigiToads (TOADS), a unique utility meme coin with deflationary ...

Cyprus hoteliers’ association (Pasyxe) president Philokypros Rousounides on Wednesday said that the island benefited from an influx of tourists during the Catholic Easter period, primarily from Great Britain, Poland, Austria, ...

Cypriot fintech Ask Wire this week announced its partnership with the Ministry of Finance, where, as part of their collaboration, it will provide the Cyprus Tax Department with access to ...

Cyprus-based property management company Altia on Wednesday announced that it will be managing a new real estate portfolio known as ‘Starlight’, which will be added to the existing portfolio managed ...

Mercedes-Benz Group (MBGn.DE) sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales ...

AB Volvo (VOLVb.ST) reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins despite supply bottlenecks and cost inflation, sending its shares ...