#business

Turkey’s lira weakened to a fresh record low of 18.9620 against the dollar on Thursday, as investors weigh the economic impact of massive earthquakes that hit the country last month. ...

Crypto-focused bank Silvergate Capital Corp (SI.N) said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of ...

Equities revenue plummeted 95 per cent in the fourth quarter Bank earlier informally looked at options for unit Bank declines to comment on ‘rumours and speculation’ At the grandiose Fontainebleau Miami ...

The European Bank for Reconstruction and Development (EBRD) said on Thursday that it will invest up to 1.5 billion euros ($1.6 billion) in the next two years to support reconstruction and recovery ...

The hybrid working model is here to stay and may offer an advantage for Cypriot businesses competing for domestic and international talent, Kyndryl Cyprus general manager Marios Kapiris said on ...

US-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – ...

The Cyprus Computer Society this week released a statement congratulating Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias for his recent appointment to the role. “The Cyprus Computer ...

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion ...

Executives and officials from some of the world’s top oil and gas companies said on Tuesday energy markets are balanced now, but could easily be disrupted due to tight ...

Heineken (HEIO.AS) on Tuesday blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it still planned to exit the ...

The Research and Innovation Foundation (Idek) on Wednesday announced that it has concluded an agreement for its participation in the Academianet Network, with the aim of strengthening women’s activity ...

Cyprus Airways on Wednesday released passenger results for February, reflecting impressive improvement over the previous year. According to the Cypriot airline’s announcement, the company carried 19,509 passengers in February, compared ...

Inflation expectations among eurozone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European Central ...

Rivian Automotive (RIVN.O) plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Shares in ...

Salesforce Inc (CRM.N) said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial ...

A concert cellist linked to Vladimir Putin moved millions through Swiss bank accounts without any proper checks, prosecutors will allege on Wednesday, in a case that highlights the murky financial ...

Central Bank governor Constantinos Herodotou used his keynote address at the Cyprus Maritime Forum on Tuesday to discuss economic developments in the euro area, as well as the performance of ...

The Association for the Protection of Borrowers (Syprodat) this week said that the government should immediately implement a new mechanism or modify any existing frameworks in order to resolve the ...

The Bank of Israel has instructed local banks to report more frequently on the movement of money in and out of Israel, a central bank spokesperson said on Tuesday. The ...

Nissan Motor Co Ltd’s (7201.T) credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker’s earnings will remain ...

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency – designed as an ...

The beauty and personal care startup Snap is in the process of raising capital through the equity crowdfunding platform CrowdBase, with the company having already raised 70 per cent of the ...

The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia ...

This is the first deal announced by Zubr Capital after the launch of Fund II, its new investment fund, in 2022. A large investment of $13 million went to Oro, a well–...