Business

Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including ...

Facebook owner Meta Platforms Inc (FB.O) on Wednesday gave an early glimpse of its first physical store, which features a floor-to-ceiling screen for showing off games on its virtual ...

Britain’s Wetherspoon(JDW.L) expects to break even this year if there are no further COVID-19 restrictions, but a fresh warning from the pub group on Wednesday over “considerable” ...

Chelsea have confirmed Todd Boehly’s consortium has agreed terms to buy the Stamford Bridge club from Roman Abramovich in a £4.25billion deal. Los Angeles Dodgers co-owner Boehly has won ...

Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of US tech giants, called on Thursday for a global approach towards Big Tech to ...

Minister of Energy, Commerce and Industry Natasa Pilides on Thursday evening attended the launch of the Gen Y Innovation Network in London. Gen Y was set up to act as ...

Cypriot authorities are expected to submit a formal request to the EU’s Directorate General for Competition for the implementation of the European Commission’s ‘mortgage to rent’ scheme in ...

A third of all real estate transactions in Nicosia during the first quarter of 2022 concerned apartments, according to a report by the Council for Registration of Real Estate Agents published ...

The global PC market, which includes tablet shipments, showed signs of resilience during the first quarter of 2022, despite a slight contraction, according to a report released this week by technology ...

By Maria Demertzis and Francesco Papadia When Europeans imposed sanctions on Russian firms and authorities, they did not sanction Gazprombank. This was necessary or European companies would not have been ...

Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow to freedom of information advocates seeking an exemption for journalists and whistleblowers. Switzerland has ...

The European Central Bank should raise its deposit rate back into positive territory this year, French central bank chief Francois Villeroy de Galhau said on Friday, comments that point to ...

Extensive building renovations and the use of heat pumps could nearly halve Europe’s Russian gas use, researchers said on Friday, although industry groups said this would require a substantial ...

The European Union aims to cut off Sberbank (SBER.MM), Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial ...

Shiba Inu (SHIB), PancakeSwap (CAKE), and Logarithmic Finance (LOG) could soon head into a big rally, yielding good returns for investors. Logarithmic Finance (LOG) is a new token that is ...

British Airways owner IAG (ICAG.L) has scaled back plans to ramp up short-haul capacity at Heathrow airport, saying a cut of around 5 per cent to its summer schedule would ...

With the advent of the cryptocurrency industry over the last decade, several transactions and operations that were initially difficult to perform have become straightforward and open = to anybody, everywhere. This ...

Governor of the Central Bank of Cyprus Constantinos Herodotou said on Thursday that the banking sector of Cyprus faces the effects of the Russian invasion of Ukraine from a financially ...

Revenue for carmaker Stellantis (STLA.MI) rose 12 per cent in the first three months of the year, supported by strong pricing and the type of vehicles sold, offsetting the impact ...

The non-performing loan ratio (NPL) of the Cypriot banking sector increased in January, according to a report by the Central Bank of Cyprus released on Thursday. The NPL ratio rose ...

The number of registered unemployed stood at 11,664 persons at the end of April 2022, according to data released this week by the Cyprus Statistical Service (Cystat). The latest figure reflects a ...

By Yiannis Seitanides The proposed sixth package of sanctions against Russia, which was submitted on Wednesday by the European Commission, puts certain countries, including Cyprus, in a difficult position. Initially, ...

A US Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits ...

The finance ministry has asked parliament to green-light an additional €102 million in government spending to deal with the continuing economic impact of the Covid situation and the fallout from the ...