Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish ...
The Cyprus Investment Funds Association (CIFA) on Monday released a public statement congratulating Irene Mylona-Chrysostomou for her recent appointment as the new Registrar of Companies and Intellectual Property.
“Mrs. Mylona-Chrysostomou ...
The Construction Materials Price Index increased by 19.42 per cent year-on-year in June, reflecting the rising costs in construction, as well as the resulting price increases in the sector, according to ...
Germany may extend the life of its three remaining nuclear power plants, the economy ministry said on Monday, as public support rises in the face of a possible cut-off of ...
The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the ...
The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said.
The partnership aimed to identify ...
European Union foreign ministers agreed on Monday another 500 million euros ($504 million) of EU funding to supply arms to Ukraine, taking the bloc’s security support to 2.5 billion euros since Russia ...
Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said.
Britain was on course for its hottest day on record ...
For decades, Antonis Disios’ workshop was abuzz with the sound of sewing machines stitching fur coats for his wealthy Russian buyers. In March, European Union sanctions against Russia over the ...
Alphabet’s Google was fined 21.8 billion roubles ($387 million) on Monday by a Russian court for a repeated failure to remove content that Moscow deems illegal, the Interfax news agency reported.
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The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday ...
Asking prices for British homes advertised for sale this month were 9.3 per cent higher than a year earlier, down from a 9.7 per cent rise in June as mortgage costs rise ...
The publication of the proposed new law on common charges is encouraging, not so much because of the content of the proposal, but more so because of the interest shown ...
Key Points:
Tokens with real-world use cases are being preferred by investors more.
The price of Chiliz’s fan token CHZ has dropped significantly in recent months.
Utility token Chronoly’...
Asian share markets rallied on Monday following a much-needed bounce on Wall Street, though nerves were stretched ahead of a near-certain interest rate hike in Europe and another round of ...
Ethereum has remained a popular Crypto after Bitcoin. However, the way it performs in the market is very different from Bitcoin. When comparing the two, Bitcoin loses its value faster ...
Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again ...
A popular dog meme inspires Kishu Inu (KISHU) and Baby Doge (BabyDoge) coins. While both coins have seen impressive successes since their launch, significant price decreases have seen investors looking ...
It is justified for reasons of public interest provided it does not violate the principles of good administration
The revocation of a public tender is a serious act and the ...
US airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.
Boeing projects ...
Central African Republic will start selling a cryptocurrency it says will be worth $21 million next week, it said on Friday, amid a wider rout in the industry and scepticism over ...
We have many cryptos in the world, but we see Bitcoin as on the top. It is popular despite being a very volatile asset. The prices of these digital coins ...
Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necessary.
“There ...
Non-fungible token (NFT) marketplace OpenSea has cut 20 per cent of its workforce to reduce costs in the face of a prolonged slump in digital asset markets, the New York-based company ...