Business

Cyprus’ Central Bank (CBC) governor, Constantinos Herodotou on Friday projected that an expected rise in interest rates by the European Central Bank (ECB) would be manageable. Herodotou’s comments came ...

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond ...

The dollar was set for its biggest weekly drop in nearly four months as traders lowered Federal Reserve rate hike expectations amid signs the US central bank might slow or ...

Hong Kong’s central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back ...

There is considerable hype about cryptocurrencies these days as free and open markets bring more competition and as a result, the consumer gets to benefit. There are thousands of crypto ...

Billionaire Elon Musk was sued by Twitter Inc (TWTR.N) investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc (TSLA....

The World Bank said on Thursday that its board had approved $500 million in additional financing to support Turkey in its efforts to fight against COVID-19. The funds, which will have ...

Turkey’s central bank kept its policy rate at 14 per cent for a fifth straight month on Thursday as expected, even with inflation set to rise beyond the current 70 per ...

The Nicosia Tourism Board (Etap Nicosia) announced on Thursday the successful completion of the Facilitating Accessibility in Support of Tourism (FAST) programme, which took place on May 18-19, 2022. The event ...

Economic sentiment in Cyprus experienced a slight improvement in May, according to a business and consumer survey report by the University of Cyprus released on Thursday. The Economic Sentiment Indicator (...

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of ...

Cyprus 4.0: Innovating the Gaming Industry – Saturday, May 28 with your copy of the Cyprus Mail. https://cyprus-mail.com/wp-content/uploads/2022/05/Innovating-the-Gaming-Industry_Trailer-202.mp4 From cutting edge start-ups to established brands, this ...

Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook from Europe and top importer China in the run-up ...

Russia’s central bank lowered its key interest rate to 11 per cent on Friday and said it saw room for more cuts this year, as inflation slows from more than 20...

Lebanon’s pound traded at a record low of more than 35,000 to the dollar on Thursday, according to currency exchange platforms and traders, as divisions within a newly-elected parliament fuel ...

Turkey’s lira fell some 0.5 per cent on Thursday to 16.45 against the dollar, touching its weakest level since December ahead of the central bank’s policy-setting meeting where it is ...

Lower fees for the import and export of containers containing low value products will be introduced at Limassol port, following an agreement between the transport ministry and Eurogate, the port’...

ApeCoin (APE) investors were left frustrated by the recent crypto crash, which caused their holdings to halve in value dramatically. On the other hand, KuCoin (KCS) survived the crash and ...

Employers and Industrialists Federation (Oev) president Antonis Antoniou on Wednesday said that it is the organisation’s duty to highlight possible pitfalls and sound the alarm bell where it sees ...

Cyprus-licensed bank AstroBank on Wednesday announced that it recorded an after-tax profit of €3.3 million in 2021, a notable improvement on the €18 million loss it sustained in 2020. Moreover, the bank recorded a ...

Hellenic Bank on Wednesday described the decision by the bank employees’ union Etyk to stage a 24-hour warning strike on May 31 as “sad and disappointing”. The Etyk executive council announced ...

Cyprus Airways on Wednesday announced that Paul Sies has been appointed to the position of chief executive officer, with Sies officially assuming the role on May 20. “Mr Sies has extensive ...

Apple Inc (AAPL.O) has told its suppliers to speed up iPhone development after China’s strict COVID-19 lockdowns hampered the schedule for at least one of the new phones, ...

Amazon.com Inc (AMZN.O) faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for the retail and cloud computing giant, as socially minded ...