Cyprus Business Now
Cypriot transport and logistics company and authorised service contractor of UPS in Cyprus GAP Vassilopoulos Group announced on Monday that all UPS flights will now be carried out on a ...
London banking job exodus to EU slows despite Brexit
The number of finance jobs shifting from Britain to the European Union due to Brexit is less than initially expected despite billions of euros in share trading moving to the ...
Cyprus secured most EU funding for research centres of excellence
Cyprus ranks first in Europe among countries that secured funding for the creation of Research Centres of Excellence, while it has recorded one of the largest absorptions of projects from ...
Economic activity continues to recover, while uncertainty remains according to the CCLEI Index
The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year increase of 14.0 per cent in November 2021, reaching a level of 112.7, after year-over-year increases of 13.9 per cent in October and 13.4 per ...
Barclays gets Australian banking licence in expansion push
UK-based Barclays Plc (BARC.L) said on Monday it had received approval from Australia’s prudential regulator to operate as a foreign bank in the country, as the lender continues ...
Former Tesco boss Lewis to chair GSK health spin-off
GlaxoSmithKline (GSK.L) on Monday named former Tesco (TSCO.L) CEO Dave Lewis as non-executive chair designate of a new Consumer Healthcare company to be created from a proposed demerger ...
How SAP uses ‘social sabbaticals’ to retain employees
The pandemic era upended the world in all sorts of ways, but one of the most fascinating is the so-called ‘Great Resignation.’ Employees are moving out of their previous roles ...
Investors challenge budget airline Wizz Air over labour rights
A group of 14 investors has called on Wizz Air (WIZZ.L) to allow employees to form and join trade unions, saying their research suggested the London-listed budget airline was discouraging ...
Pledge on a shares certificate
The pledge should be registered with the Registrar of Companies for the protection of the creditor
The creation and registration of a pledge over a certificate of a company’s ...
Farmhouse that took a decade to restore named House of the Year
A Georgian farmhouse which took 10 years to meticulously restore in a “labour of love” has been named House of the Year.
House on the Hill, a Gloucestershire farmhouse extension, was ...
Cypriot university teams up with Microsoft for start-ups programme
European University Cyprus has linked up with US technology giant Microsoft to launch a new programme for start-up businesses.
Titled Microsoft for Start-ups Cyprus Program, the programme will assist 10 strictly ...
Apple seeks dismissal of India apps market antitrust case
Apple Inc (AAPL.O) has asked India’s antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a ...
Facebook pays fines to Russia over banned content
Facebook (FB.O) has paid 17 million roubles ($229,643) in fines owed in Russia for failing to delete content Moscow deems illegal, the Interfax news agency reported on Sunday, but with the ...
Russia does not expect to be cut off from SWIFT system, VTB CEO says
Russia’s financial system would be able to cope even if it was disconnected from the SWIFT global interbank payments system, the head of the country’s second-largest lender VTB ...
Russia’s richest woman rules out parting with a slice of the Wildberries pie
Tatyana Bakalchuk is a rarity – a dotcom billionaire uninterested in outside capital or a stock market listing.
The founder of Wildberries, Russia’s largest ecommerce retailer, has made it to ...
Stablecoins steal the limelight from subdued bitcoin
As bitcoin, the world’s largest cryptocurrency, struggles to recover after a massive crash, regulatory and private sector focus has turned to another part of the digital currency world: stablecoins.
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Rivian warns supply issues to hit production, shares drop to record low
Rivian Automotive Inc (RIVN.O) shares skidded nearly 15 per cent on Friday to hit a record low after the electric vehicle maker’s first result as a listed company highlighted ...
Palantir to localize UK data operations as privacy regulations tighten
Palantir Technologies Inc (PLTR.N) said on Friday it plans to shift its entire UK data processing out of the United States, at a time when data privacy regulations are ...
Turkish business group calls for an end to Erdogan’s low-rates policy
Turkey’s largest business group urged President Tayyip Erdogan’s government on Saturday to abandon a monetary policy based on low rates that has prompted a crash in the lira, ...
Nicosia property sales hit €3.3bn in last 5 years
Property sales across four major Nicosia municipalities exceeded €3.3 billion in value over the past five years, a report from independent real estate asset management and advisory firm WiRE has shown.
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Cyprus Business Now
The Bank of Cyprus announced on Friday that it has concluded its small-scale, targeted, voluntary staff exit plan.
Following the completion of the plan, 100 applicants received approval to leave at ...
AMC says over a million people watched new ‘Spider-Man’ movie at its US theaters
AMC Entertainment Holdings Inc (AMC.N) said on Friday nearly 1.1 million people watched “Spider-Man: No Way Home” in its theaters in the United States, a record opening for a movie ...
Airbus lands Air France-KLM jet order, capping trio of deals
Airbus (AIR.PA) completed a triple crown of aircraft orders at the expense of rival Boeing (BA.N) on Thursday with a deal to supply 100 narrowbody jets to Air France-KLM ...
US judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits
A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the US opioid epidemic, a decision that threatened ...