#business

Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings in a scheme originally set up ...

Sales of passenger cars and light commercial vehicles in Turkey rose 63.4 per cent year-on-year in January to 81,148 units, the Automotive Distributors and Mobility Association said on Thursday. In the January-February ...

The non-profit organisation TechIsland has previously rebuilt the Regional Primary School in Arakapas, which suffered from a terrible wildfire. The organisation has invested more than €200,000 in renovating the school. TechIsland ...

The new Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias took over the portfolio of the Deputy Ministry of Research, Innovation and Digital Policy during a brief ceremony ...

Higher margins not wages driving inflation, data shows ECB policymakers debated issue at Arctic retreat – sources Data may help case against more rate rises – analysts Huddled in a retreat in ...

Tesla Inc (TSLA.O) will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it ...

Goldman Sachs has warned of the potential for foreign exchange market instability in the run up to Turkey’s elections following years of currency reserve depletion and other costly measures. ...

Egypt will again use daylight saving time this summer after a seven-year gap, the cabinet said on Wednesday, the latest in a series of government efforts to save energy. Last ...

Cyprus is among the top ten countries for people to retire to, with a focus on affordability, according to a study released on Wednesday by one of the UK’s ...

Strong investor inflows into bond markets this year mean traders and bankers are confident the European Central Bank will have a smooth start to unwinding its huge bond holdings, but ...

The business turnover index in Cyprus experienced increases across all sectors of economic activity during 2022, compared to the previous year, according to a report released this week by the Cyprus ...

Binance’s stablecoin, Binance USD, has seen around $6 billion of outflows following a US regulatory crackdown on the company that issues the token, according to market tracker CoinGecko. Paxos Trust ...

Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from source of speculation to hedge against inflation – ...

Eli Lilly and Co (LLY.N) said on Wednesday it would reduce prices by 70 per cent for its most commonly prescribed forms of insulin. The US drugmaker said the reduced ...

As was recently announced, the new Deputy Minister of Research, Innovation and Digital Policy is Philippos Hadjizacharias. Hadjizacharias is the managing partner of the consulting and audit firm PHS & ...

Hellenic Bank on Wednesday released its financial results for 2022, posting a full-year profit of €24.2 million, marking a rise of 307 per cent year-on-year. In addition, it managed to further de-risk its ...

Tesla (TSLA.O) is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan. The changes to the Model Y – code-named Project ...

Overall activity in the euro zone’s manufacturing sector contracted again in February but output increased for the first time since May as supply chains continued to heal, a survey ...

OnlyFans, an online platform known for adult content, should pay UK value added tax (VAT) on the full amount paid by subscribers to content creators, not only its 20 per cent ...

British retailer Marks & Spencer will raise hourly pay for over 40,000 store workers by 7 per cent from April a third rise in just over two years that may catch the ...

Intel Corp (INTC.O) on Tuesday released a software platform for developers to build quantum algorithms that can eventually run on a quantum computer that the chip giant is trying ...

US payment giants Visa (V.N) and Mastercard (MA.N) are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook ...

British supermarket group Sainsbury’s (SBRY.L) plans to consolidate five existing Sainsbury’s and Argos general merchandise depots into three, closing two by 2026, in a move that will impact 1,400 ...

Switzerland’s financial regulator has investigated 12 banks and launched enforcement proceedings against two of them in relation to corruption charges against longtime central banker Riad Salameh, it said on Monday. ...