#BusinessTop

In a major shift on intellectual property rights, the US administration has backed lifting patents of Covid-19 vaccines in order to speed up vaccination of those in need worldwide. The ...

The Cyprus National Recovery and Resilience Plan is expected to create about 15,000 jobs, according to a preliminary review by the University of Cyprus. The plan, which allocates EU funds of €1.25 ...

The infographic shows price changes for consumer goods during the pandemic.

For Bank of Cyprus Deputy CEO Dr. Charis Pouangare, the royal road to profit passes through enhanced service for the customer. “This enables us to overcome many challenges. First, the ...

Consumer inflation (CPI) in Turkey rose 1.68 per cent monthly in April and annual inflation rose to 17.14 per cent, the Turkish Statistical Institute (TurkStat) announced on Monday. Annual inflation has now ...

Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ...

Disagreements over intellectual property rights mean Germany, France and Spain have yet to agree the next steps for a joint fighter jet project, the defence ministry in Berlin said on ...

British trade minister Liz Truss expects the trade dispute over Airbus (AIR.PA) and Boeing (BA.N) to be resolved by July when a freeze on tit-for-tat tariffs expires, she ...

Cyprus was 12th among the top choices by groups of adults, and 12th among the best picks for family travel, according to a survey of 5,000 consumers using the metasearch site ...

Cyprus’ loan guarantee scheme will be credit positive for banks as long as they control their lending, credit rating agency Moody’s maintained in a note released on Thursday. “On ...

What’s in the Italian Recovery Plan? “We will have €248 billion, and we must triumph over corruption, stupidity, and vested interests,” insisted Italian Prime Minister Mario Draghi as he presented ...

Limassol is planning to develop a financial district, ‘Wall Street’ by the sea; the long-awaited technology park is to begin development by yearend. “We are moving ahead with big improvements ...

Some of Turkey’s biggest banks are reluctant to finance President Tayyip Erdogan’s planned Istanbul canal due to environmental concerns and the investment risks hanging over the massive construction ...

It has been roughly six months since Sony and Microsoft released their much-awaited next-generation consoles, the PlayStation 5 and Xbox Series X, but the battle for console supremacy is only starting ...

Limassol is composed of 4 elements, according to cultural historian Prof. Mimis Sofocleous: Ochre: because all houses were once painted in this colour; The mandolin, which with the guitar, created the ...

Wargaming has been a leader in online gaming for more than 20 years. With 15 titles in the free-to-play online action games market, it has seen unprecedented success; World of Tanks, for ...

Ever since its conception, the Nord Stream 2 project has faced controversy within Europe and has attracted the wrath of and sanctions from the US due to concerns that ‘it will ...

New York keeps its first place in the ranking of global financial centres, and London in second place is under pressure from Frankfurt and Shanghai. Frankfurt jumped seven places in ...

Cypriot deputy minister of tourism Savvas Perdios used his attendance at the Meet in Cyprus 2021 virtual expo to provide an update on the country’s efforts to keep tourism afloat ...

Cyprus Finance Minister Constantinos Petrides on Tuesday outlined a plan that integrates the European instrument, the “Recovery and Resilience Facility” with the strategy for the country’s economy. First of ...

Bank of Cyprus on Monday announced that it has successfully launched and priced an issue of €300 million unsecured and subordinated Tier 2 Capital Notes under its Euro Medium-Term Note (EMTN) Programme – ...

British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “Britcoin”, or central bank-backed digital currency, aimed at tackling some ...

Facebook (FB.O) will announce a series of products under the umbrella of “social audio” on Monday, including its take on audio-chat app Clubhouse and a push into podcast discovery ...

Cyprus has seen its public debt increase sharply in 2020, and even more in 2021, but the plan to service the debt is working. According to a report by the Public Debt ...