Business

Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore’s sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 ...

Saturday, June 25 with your copy of the Cyprus Mail. Finance plays a critical role for society at large, serving individuals, families, businesses, governments, and civic institutions. In this issue, we ...

Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as London draws up plans to regulate ...

London’s Heathrow said on Thursday demand for travel has been stronger than expected, prompting Britain’s busiest airport to raise its passenger number forecast for the year, while costs ...

Cryptocurrency investors are preparing for another altcoin season after the recent bear market in digital assets. Those looking to capitalize on recent lows could consider adding Hedera (HBAR), Decentraland (MANA) ...

Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian ...

The Group of Seven rich democracies will seek to demonstrate their long-term support for Ukraine in its fight against Russian aggression at a summit starting on Sunday even as the ...

India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere ...

Britain should avoid major, hasty reforms to make its financial sector more globally competitive following the industry’s separation from the European Union by Brexit, a parliamentary report said on ...

Britain’s worsening cost-of-living squeeze is pushing some people into gambling and cryptocurrency investments in last-ditch attempts to make ends meet, a gambling charity warned on Thursday. GamCare said it ...

The 14th summit of BRICS, an emerging-market group that includes Brazil, Russia, India, China and South Africa, will be held this week in virtual format under the theme of “Foster ...

Cryptocurrency trading increasingly resembles the US stock market of the late 1920s, Switzerland’s top market regulator said on Wednesday, calling for regulators to take more action to protect consumers ...

The Cyprus economy and competitiveness council on Wednesday recommended the establishment of a new deputy ministry for the environment and sustainability. The recommendation for the creation of a new deputy ...

The cabinet of ministers this week approved a bill amending the income tax law so that the existing tax exemption for the amount of investment in an approved small-to-medium innovative ...

The Cyprus Ports Authority (Alk) on Wednesday said that the commercialisation of the Larnaca port has been one of the most important events that took place in the Cyprus maritime ...

If your portfolio has been struggling in recent weeks, you’re not the only one. Everyone’s has. It’s a difficult market right now, and nobody is sure how ...

The British government needs to do more to help those on lower incomes cope with the cost of living crisis and should cut VAT sales tax, the chairman of supermarket ...

The European Union will temporarily shift back to coal to cope with slowing Russian gas flows, an EU official said on Wednesday, as a tight gas market and rocketing prices ...

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production. Prices were already elevated ...

While DeFi token prices are low, many investors are looking to yield farm for compound gains when the crypto markets turn around and bounce. Many are wondering when the bear ...

Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial ...

Lebanese banks said the country’s draft agreement with the International Monetary Fund was “unlawful” and “unconstitutional” in a letter sent to the IMF by an adviser of the Association ...

Soaring food prices pushed British consumer price inflation to a new 40-year high last month of 9.1 per cent, the highest rate out of the Group of Seven countries and underlining ...

Big Macs and McFlurrys may be off the menu at McDonald’s successor restaurants in Russia, but the new firm has ambitious growth targets after it sold almost 120,000 burgers, a ...