#business

The reach of Russia’s alternative to the SWIFT international messaging system has grown at record pace this year, the central bank said on Friday, as Moscow ramps up efforts ...

By Maria Demertzis According to current estimates, the European Union spends about 9 per cent of its gross domestic product on energy consumption. As a proportion of its income, this is ...

By Daniela De Lorenzo Europe’s valuable wine and beer industries are working to retain their competitive edge with an expanded range of aromas and blockchain-based fraud prevention. The debate ...

PwC Cyprus on Friday announced during its annual general meeting that it generated record revenues of €83 million during the 2022 fiscal year, meaning the period between July 1, 2021, and June 30, 2022. The company ...

Kyndryl Cyprus, the local subsidiary of the leading international IT infrastructure services provider, this week announced that it hosted a number of students at its Nicosia offices, giving them the ...

Cypriot beverage company Keo this week announced that it generated €1.6 million in profits during the first half of 2022, up from €1.1 million during the corresponding period of 2021. According to the company’...

Limassol port management company DP World Limassol on Friday announced launched for another year a three-month internship programme for students pursuing a degree in shipping or related field, noting that ...

By Luigi Scazzieri Italy’s election on September 25th is likely to result in a right-wing coalition government made up of Giorgia Meloni’s Brothers of Italy, Matteo Salvini’s ...

Accenture Plc on Thursday warned this year’s dollar surge would hurt its fiscal 2023 results, even as robust demand for digital offerings helped the IT services major top quarterly earnings ...

Oil prices fell on Friday amid recession fears and a stronger US dollar, though losses were capped by supply concerns after Moscow’s new mobilisation campaign in its war with ...

The Central Bank of Cyprus (CBC) on Thursday said that the Cypriot economy’s primary macroeconomic figures for the years 2022-2024 are favourable according to its projected medium-term forecasts, which ...

Interior Minister Nicos Nouris on Thursday said that the government’s adoption of a new strategy designed to attract international businesses to Cyprus has led to significantly increased interest from ...

The Turnover Value Index of Wholesale Trade in Cyprus during the second quarter of 2022 rose by 33.4 per cent, compared to the corresponding quarter of the previous year, according to data ...

HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader ...

A Federal Reserve dead-set on fighting inflation is leaving little hope that this year’s rocky markets will end anytime soon, as policymakers signal rates rises faster and higher than ...

The dollar surged to a fresh two-decade high and stocks slid on Thursday with investors unsettled by the Federal Reserve’s aggressive outlook for US interest rates and braced for ...

Oil rebounded on Thursday after sliding 1 per cent in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession. Brent crude futures rose 15 ...

Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required ...

Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain capped the wholesale cost of electricity and gas for businesses, in Europe’s latest moves to keep the lights ...

Cypriot company Point Nine this week announced that its third annual conference was successfully held at the Four Seasons Hotel in Limassol on Friday, September 16, attracting a number of stakeholders ...

The Cyprus Fiscal Council on Wednesday said the 2023 state budget should be designed in such a way that it bolsters the Cypriot economy’s presently-satisfactory resilience, primarily to the worrying ...

Nasdaq Inc (NDAQ.O) is placing a big bet on the cryptocurrency market, with the launch of a digital assets business that is aimed at tapping institutional investors. The new ...

On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part ...

The dollar jumped to a new two-decade high on Wednesday, as a decision by Russia’s President Vladimir Putin to mobilise more troops for the conflict in Ukraine rattled markets ...