#business

Russia’s banks lost a combined 1.5 trillion roubles ($24.95 billion) in the first six months of 2022, a top official at Russia’s central bank said on Friday in an interview with ...

Architect and founder of the eponymous firm Yiannis Armeftis on Thursday said that environmental policies and the various measures that facilitate them could help mitigate the severe energy crisis currently ...

US federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder ...

The Retail Trade Turnover Value Index increased by 11.4 per cent in July 2022, compared to the corresponding month of the previous year, while the Retail Trade Turnover Volume Index increased by 1.5 ...

The fiscal accounts of the general government generated a surplus of €141.8 million for the period of January – July 2022, marking a sizeable improvement compared to a deficit of €711 million in the ...

Twitter Inc (TWTR.N)will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media company said Thursday. For years, Twitter users have ...

Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government and the semi-autonomous region, according to a letter ...

Like thousands of pubs across Britain, the Red Lion and Sun fears financial ruin this winter as its energy costs surge, just as business was starting to recover from the ...

The accommodation and catering services sector showed the largest annual increase in the turnover index during the second quarter of 2022, reflecting the recovery of the tourism industry, according to a ...

Deputy minister for shipping Vassilis Demetriades on Wednesday travelled to the Netherlands to support and promote Cypriot shipping through a number of meetings with Dutch shipping companies. According to an ...

Euro zone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big interest rate hikes even as a painful recession appears increasingly certain. ...

Amazon (AMZN.O) and Alphabet (GOOGL.O) unit Google criticised Microsoft’s (MSFT.O) cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival ...

The Bank of Cyprus on Wednesday released its financial results for the first half of 2022, posting a profit after tax of €50 million, marking a significant improvement over the €1 million loss ...

Oil prices recovered slightly on Wednesday as data pointed to firm US fuel demand, providing respite after a 5 per cent drop a day earlier on fears that demand will suffer ...

The Russian government on Tuesday said it approved handing over a 12.5 per cent stake in operator of Russia’s Sakhalin 2 liquefied natural gas plant to Dubai-based MIT SEL Investment Ltd, ...

During the previous week, Deputy Minister of Tourism Savvas Perdios spoke on two government schemes that seek to bolster Cyprus’ tourism product, with particular focus on the healthcare and wellness ...

Tesla Inc (TSLA.O) Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed – but one riddled with potholes ...

The rouble firmed towards 60 against the dollar and euro in early Moscow trade on Tuesday, while higher oil prices helped push Russia’s benchmark stock index to its highest point ...

Total petroleum product sales in Cyprus experienced a slight drop in July, with sales from gas station pumps falling for the second month in a row, according to a report ...

Who can save bitcoin? The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time ...

Euro zone economic sentiment fell more than expected in August, data showed on Tuesday, dragged lower by a drop in optimism in industry and in services despite a better mood ...

British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, tighter monetary policy and the prospect of ...

Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global ...

Japan’s Honda Motor Co (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS), ...