Business

Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after ...

Household cash is near record levels in the United States, and consumers are using it to pack restaurants and airplanes and buy new cars. Jobs are there for the taking. ...

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with ...

Fenway Sports Group (FSG) would consider new shareholders for Liverpool having frequently received expressions of interest from third parties, the English Premier League club’s American-based owners said on Monday. ...

A significant boost to the availability of student accommodation in Nicosia’s old town is underway, with 25 applications having been submitted for the creation of 315 rooms. Notably, all the applications – ...

Apple expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end ...

The belief that Cyprus will be able to face the new risks and challenges in the aftermath of the war in Ukraine was expressed by Minister of Finance Constantinos Petridis, ...

Ryanair RYA.I on Monday posted its largest ever after-tax profit for its key summer season and said it expected very strong passenger and fare growth for years to come ...

If there is an act of defraud, the Court will issue an order for the payment of the due installments as monetary penalty Failure of the judgment debtor to pay ...

By Yiannis Misirlis* During a recent discussion between a young property developer and a real estate agent, the new real estate market conditions came into focus. It was early in ...

Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. “To address (Turkey’s) challenges, the mission ...

Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled ...

A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a central bank digital dollar to speed up settlement time in ...

Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement ...

US cryptocurrency exchange Coinbase Global Inc (COIN.O) on Thursday reported a third-quarter loss as high inflation, rising interest rates and geopolitical tensions weakened demand for risky assets, sapping trading ...

Ratings agency S&P on Friday raised Qatar’s long-term sovereign credit rating to “AA” from “AA-“, citing improvements in the government’s fiscal position. “Qatar’s debt interest ...

As the European Commission is finding out, interfering with markets creates unintended consequences and eventually backfires The oil and gas companies cannot get it right, can they? They have been ...

Cyprus has good applied research and that churns out technologies, but it’s missing the funding. A venture capital fund aims to change all that One of the leading contenders ...

American technology giant Apple continued to dominate the tablet market during the third quarter of the year, with a 40.7 per cent share, according to a report released this week by ...

Warner Bros Discovery (WBD.O) posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but investor concerns were tempered by ...

By Maria Demertzis Talking about engaging with Russia while the war in Ukraine grinds on is both difficult and hard to justify. However, the day will come when Putin is ...

EBay Inc’s (EBAY.O) quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished goods and the ecommerce platform reaped the benefits of expanding its ...

WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as well as other features such as bigger group video calls and in-chat ...

Government officials touted what they called the “historic importance” of the ‘Cyprus Tomorrow’ plan at an event held at the Nicosia Mall on Saturday. The ‘Cyprus Tomorrow’ plan is also ...