Business

Ukraine’s central bank devalued the hryvnia currency by 25% against the U.S. dollar on Thursday to help the country cope with the growing economic impact of the war with ...

Day by day, the world goes on. It’s changing. The market is evolving, too. There are new trends and concepts appearing every day. The development of technology is rapid. ...

The Belarusian finance ministry said Western sanctions that have limited Minsk’s ability to deal in foreign currencies are pushing the country into default despite Minsk being able to service ...

The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged move seen as increasingly likely as policymakers fear losing control of ...

TUS Airways acquired an Airbus A320, the fifth plane in its fleet, it announced on Wednesday. The acquisition of the new aircraft seals the company’s commitment to support and ...

The Cyprus Securities and Exchange Commission (CySec) is warning of manipulation attempts against young people from ‘finfluencers’, employing methods such as ‘gamification’ in investment as it launches a new campaign ...

Thanks to the renewables’ boom, the limiting factor of the energy revolution is not power supply as much as power storage these days. Cleaner, greener batteries are needed to charge ...

European shares rose on Wednesday as energy supply worries eased following a report that Russian gas supplies would resume as scheduled, while Italian shares were volatile as Prime Minister Mario ...

Twitter Inc TWTR.N will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said the social media company ...

British consumer price inflation surged again in June to hit an annual rate of 9.4%, the highest rate since early 1982, according to official figures that underline the chances of a bigger ...

Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, a new trade group report showed on ...

US companies are facing a “new era” in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft Corp’s President Brad Smith ...

SAS SAS.ST and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 ...

The Bank of Cyprus has put back the deadline for applications to its voluntary retirement scheme until Friday, as the target it had set for staff reductions had not been ...

If you’re waiting for a bitcoin recovery, you may have to sweat it out for months. That’s the conclusion of some technical specialists seeking method from the madness. ...

UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills amid a worsening cost of living crisis, industry data showed on Tuesday. Market researcher ...

France’s government is offering 12 euros per share to take full control of EDF EDF.PA, in a 9.7 billion euro ($9.85 billion) buyout offer that gives it a free hand to ...

U.S. Treasury Secretary Janet Yellen on Tuesday said deeper trade ties among allies could help fight inflation and thwart China’s “unfair trade practices,” vowing to impose harsh consequences ...

Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic ...

Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish ...

The Cyprus Investment Funds Association (CIFA) on Monday released a public statement congratulating Irene Mylona-Chrysostomou for her recent appointment as the new Registrar of Companies and Intellectual Property. “Mrs. Mylona-Chrysostomou ...

The Construction Materials Price Index increased by 19.42 per cent year-on-year in June, reflecting the rising costs in construction, as well as the resulting price increases in the sector, according to ...

Germany may extend the life of its three remaining nuclear power plants, the economy ministry said on Monday, as public support rises in the face of a possible cut-off of ...

The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the ...