Business

Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and will make the decision public on March 4, a person familiar ...

The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”. Further sanctions, including the suspension of Russia’s access ...

Germany changed its position on Saturday about imposing restrictions on Russia’s access to the SWIFT global interbank payment system, joining other Western powers in support of harsher sanctions aimed ...

Several companies, including automakers Volkswagen (VOWG_p.DE) and Renault (RENA.PA) and tire maker Nokian Tyres (TYRES.HE), on Friday outlined plans to shut or shift manufacturing operations following ...

‘The quality of our service is evidenced by the ‘tier one’ rating awarded to us by the premier independent rating bodies. We seek to undertake actions which promote Cyprus as ...

‘To ensure long-term sustainability, every business must put aside its differences for the greater good’ As an affordable seafood restaurant with an unmistakable Mediterranean spirit, where each guest is welcomed ...

‘Our job at Tickmill is to remain in sync with what the traders out there want and continue providing the access they need as they continue to transition their trading ...

The 5-Star luxury St Raphael Resort and Marina is situated on one of the best and largest Blue Flag accredited beaches on the east side of the lively cosmopolitan city ...

The Central Bank of Cyprus (CBC) said on Saturday that all necessary precautionary measures have been taken to minimise any impact of the war in Ukraine on the Cypriot financial ...

As part of its Corporate Social Responsibility (CSR), Hellenic Bank emphasises on sustainable practices and supporting ‘green’ initiatives and businesses. Cognisant of its responsibility to the environment and the community, ...

Founded in 2016 as a non-profit association, CSR Cyprus aspires to be the leading professional network in Cyprus, driving and empowering the changes towards corporate sustainability and responsibility CSR Cyprus is ...

‘The principles of sustainability are not new to Cyta; they make part of its DNA. Mindful of the need to protect the environment from the emissions of its business operation, ...

‘Helping organisations grow in a sustainable way through positive social and environmental impact’ Please introduce yourself, and your organisation. “I am the founder and managing director of Grow Sustainability Consulting. ...

Creating long-term value in the ecological, social, and economic environment “Although the challenge of environmental sustainability can be overwhelming, companies that develop stellar sustainability practices now will be more resilient ...

Non-performing loans (NPLs) remained virtually unchanged in November, reaching € 4.24 billion from € 4.26 billion the previous month, according to a report by the Central Bank of Cyprus released on Friday. In contrast, ...

Targeted actions are being taken to promote Cyprus in the United Arab Emirates, including an event held in collaboration with the Abu Dhabi Chamber of Commerce & Industry, national promotion ...

By Maria Demertzis In the 2020 revision of monetary policy strategy, the US Federal Reserve adjusted the pursuit of an inflation rate at 2 per cent, to inflation that ‘averages 2 per cent ...

This project has been continuously in the limelight during the last few weeks, but, worryingly, for the wrong reasons. Following many questions about the lack of progress, significant schedule slippage ...

The impact of the war in Ukraine on an economy already struggling with rising prices was at the focus of a meeting on Friday between the leaderships of left-wing Akel ...

Ukraine, which is locked in a security crisis with Russia, has seen growing investment from China in recent years. China has a strategic interest in Ukraine because of its location, ...

Oil prices jumped on Friday by nearly 3 per cent on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it ...

French Finance Minister Bruno Le Maire said on Friday the option of cutting off Russia from the SWIFT global interbank payments system remained open, but that he viewed this only ...

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the ...

RCB Bank announces a change in its shareholding structure. On February 24 2022, a 46.29 per cent stake in the share capital of RCB Bank held by VTB Bank (PJSC) was acquired by ...