Business

Bitcoin tumbled over 9 per cent on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety ...

Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors. The ...

Turkish President Tayyip Erdogan has ordered an investigation into possible currency manipulation after the lira fell sharply to record lows against the dollar this week, the Anadolu news agency reported ...

Expectations among the British public for inflation over the next year fell for the first time in six months in November and were steady looking further ahead, according to a ...

The technology sector can become the Cypriot economy’s main source of growth while offering quality professional career opportunities to young Cypriots, a study by the IMR-University of Nicosia research ...

The Minister of Energy, Commerce and Industry Natasa Pilides will assume the presidency of the East Mediterranean Gas Forum on January 1, 2022, taking over from Tarek El Molla, the Minister of ...

The Cyprus University of Technology (Tepak) announced on Friday that it has managed to achieve significant savings in the total amount of property rents it pays to house its schools ...

By Ioannis Tirkides COP26, the UN Climate Change summit in Glasgow, ended on 13 November after two weeks of negotiations and a one-day extension, admittedly with only modest results. The conference ...

The Bank of Cyprus and Wise have each blamed the other for why payments via the widely used popular financial tech company, which offers cheap international money transfers, have blocked ...

Britain’s retailers are hoping Black Friday discount day will get shoppers spending, though it takes place against a backdrop of shortages of both products and drivers to deliver them. ...

Telecom Italia faces another boardroom showdown after Luigi Gubitosi told them he was ready to quit as chief executive if that helped speed their decision over KKR’s takeover proposal. ...

The lira’s plunge has propelled Turkey’s exporter-dominated stock market to its best month in 12 years, but for foreign investors, who have just started dipping their toes in again, ...

Small shopkeepers’ union Povek said that discounts on offer for Black Friday in Cyprus are much lower than other countries, as reduced traffic was recorded at shops in the morning ...

Many Europeans may potentially view the United States as a prime environment to develop their startup ventures. According to research. With the economic impact of the coronavirus pandemic, many businesses ...

The Spanish market regulator scolded soccer star Andres Iniesta on Wednesday evening after he promoted cryptocurrency exchange platform Binance on his Twitter and Instagram accounts. “I’m learning how to ...

A well-planned internal audit is a crucial tool in the fight against corruption and fraud, two things that often appear in tandem and must, Finance Minister Constantinos Petrides said on ...

The CEO of DP World Limassol, Nawaf Abdulla, took part in a panel discussion as part of DP World Group’s CARGOES Digital Trade Flow event, held on the side-lines ...

Deputy Managing Director of China Petroleum Pipeline Engineering Duan Bingquan pledged his determination to bring natural gas to Cyprus which is scheduled to be delivered at the end of June 2023. ...

By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It means the protection now applies to buyers who ...

Economic activity started recovering from the sharp recession as of the first half of 2021, driven mainly by domestic demand, although tourism activity still remains well below the pre-pandemic level, the ...

The shipping ministry on Thursday launched an invitation for bids for a sea connection between Cyprus and Greece with improved terms for potential bidders in a bid to re-establish a ...

Germany’s banks are increasingly vulnerable to an overvalued property market and finance authorities should force lenders to build up capital buffers, the Bundesbank said on Thursday in a regular ...

Visions of spiralling wage inflation in the eurozone have dominated the talking points of conservative central bankers in recent weeks as they called for a moderation in central bank stimulus. ...

Lorenzo Bertelli, the eldest son and heir designate to Prada’s Chief Executive Patrizio Bertelli, vowed to keep the family-controlled luxury fashion group independent when he takes the reins in ...