#BusinessTop

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, ...

Cypriot mining company Venus Minerals board member and economic geologist Demetrios Constantinides earlier this week said that Cyprus can use modern tools to recover critical minerals from its mine tailings. ...

As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried’s FTX, a ...

FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such ...

The US owners of Manchester United MANU.N have begun looking at options for the 20-time English soccer champions, including a new investment or a potential sale, 17 years after the ...

The vast majority of European business leaders have underlined the importance of air connectivity in terms of sustaining their competitiveness, according to a survey conducted by the International Air Transport ...

Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official ...

The Cyprus Consumers’ Association on Monday released a statement on the upcoming Black Friday sale, calling on consumers to conduct thorough market research ahead of any purchases of potentially discounted ...

Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and US ...

Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co (JPM.N), are increasingly becoming acquisition targets for traditional US banks as rising interest ...

By Maria Demertzis The Recovery and Resilience Facility (RRF), the main component of the European Union’s post-COVID-19 Next Generation EU programme, was adopted two and a half years ago. ...

Bank of Cyprus reported a €9 million net loss for the first nine months of 2022, largely due to the voluntary staff exit plan and its respective one-off cost of €101m recorded ...

British Chancellor Jeremy Hunt announced a string of tax increases and tighter public spending in a tough budget plan on Thursday that he said was needed after the blow dealt ...

U.S. retail sales increased more than expected in October as households stepped up purchases of motor vehicles and a range of other goods, suggesting consumer spending picked up early ...

Surging household energy bills and food prices pushed British inflation to a 41-year high, data showed a day before finance minister Jeremy Hunt announces “tough but necessary” tax hikes and ...

Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more than 1 million creditors, as regulators opened probes and the ...

The voluntary retirement scheme agreed with the bank employees’ union Etyk will cost Hellenic Bank an estimated €85 million and would lead to the departure of between 400 and 500 workers. The agreement ...

Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in official bankruptcy filings released on Tuesday, as regulators opened probes and called for the faster implementation of rules for the ...

Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a narrow escape thanks to a resilient ...

The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com. ...

By Elvire Fabry The speeches of the US Trade Representative Katherine Tai are so cautious that it has taken nearly two years to understand the US trade policy of President ...

Britain’s economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge for Chancellor Jeremy Hunt as ...

October was the busiest cruise month of 2022 for DP World Limassol, as 29 cruise ships carrying over 46,000 people, berthed at the port and used its passenger terminal. Between January and October, ...

Reflect Festival, the largest technology and entrepreneurial event of its kind in Cyprus, wrapped up on Friday evening, October 21, welcoming approximately 5,000 attendees in the process, who flocked to Limassol’s ...