Business

The Public Debt Management Office has reported that the total amount of public doubt is expected to decrease to €24.1 billion by the end of 2021. The office added that the government ...

The House plenum on Thursday gave the nod to an extra €92 million in government spending until the end of the year, over and above the approved budget for fiscal 2021, the ...

The rate of inflation in Cyprus remained high in September – registering at 4.1 per cent – though lower than the 5 per cent of the previous month, according to the Statistical Service. Energy ...

Ireland dropped its opposition to an overhaul of global corporate tax rules on Thursday, agreeing to give up its prized 12.5% tax for large multinationals in a major boost to efforts ...

Premier League club Newcastle United have been taken over by a Saudi Arabian-backed consortium, the league announced in a statement on Thursday. “Following the completion of the Premier League’s ...

NatWest pleaded guilty on Thursday to failing to prevent the laundering of nearly 400 million pounds ($544 million) and faces a heavy fine after becoming the first bank in Britain to admit ...

Twitter Inc (TWTR.N) said on Wednesday it has agreed to sell mobile ad company MoPub to AppLovin Corp (APP.O) for $1.05 billion in cash, as the microblogging platform looks ...

Stablecoins would have to comply with the same safeguards as their more traditional competitors in payments under proposals from regulators on Wednesday as authorities get to grips with a rapidly ...

The 2022 state budget will feature a significant fiscal correction, after two years of high deficits, said finance minister Constantinos Petrides, while handing it to the President of the House of ...

Some British dairy farmers have been forced to destroy tens of thousands of litres of milk due to rising costs, labour shortages and an acute deficit of truck drivers which ...

A series of exploratory drilling at Kokkinoyia, a mining area near Mitsero in the Nicosia district, has led to the confirmation of gold deposits in all drill holes, identifying the ...

The Cyprus edition of 0100 Conferences will make its presence felt at the upcoming Reflect Festival in Limassol later this month. 0100 Conferences Cyprus will allow people to network with senior fund ...

Amazon.com Inc’s live streaming e-sports platform Twitch said on Wednesday it was hit by a data breach, without providing further details. An anonymous hacker claimed to have leaked ...

Qatar-based broadcaster beIN Sports said on Wednesday that Saudi Arabia will soon lift a ban on it, removing a key obstacle behind the collapsed takeover of Premier League football club ...

Gazprom’s (GAZP.MM) Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the ...

Britain’s government bond market is showing signs of strain from the country’s energy crisis, with headlines about gas prices sparking heavy selling this week – a new development that ...

Travel company TUI Group (TUIGn.DE) said it would raise 1.1 billion euros ($1.27 billion) in equity to help pay down its pandemic debt, as it reported a jump in holiday bookings ...

A boxing sketch in felt pen by the late Muhammad Ali sold for more than $425,000 at an auction in New York on Tuesday of his little-known art works, some of ...

The Cyprus Securities and Exchange Commission (CySEC) is participating in World Investor Week, a global campaign seeking to educate and protect investors. Through its participation in World Investor Week, CySEC ...

The finance ministry is trying to secure an extension of the period in which banks can provide businesses and the self-employed with state-guaranteed loans, as it expires at the end ...

Limassol-based GP General Procurement Compan Limited (GenPro), a maritime and commercial procurement company, held its first annual Blue Day Sustainability Seminar in September. The seminar focused on the company’s ...

Lending criteria to both businesses and households remained unchanged in the second quarter of 2021, but it is expected that they will become stricter in the third quarter of the year, ...

Mining giant De Beers has commissioned a survey of the ocean floor off Greenland’s coast in a first step to determine whether it could hold deposits of highly-prized marine ...

PepsiCo Inc (PEP.O) raised its full-year revenue forecast on Tuesday, as the opening of public venues including theaters and restaurants following the lifting of pandemic-induced restrictions boosted demand for ...