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Sterling on the move, “has more room to run”

The British pound is surging, and the momentum shows few signs of slowing, the chief executive of a leading independent financial advisory and fintech has predicted. On Thursday, sterling climbed to its highest level in nearly four years, touching $1.3709 against the US dollar. This marks

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CCLEI sees moderate growth in June

The annual growth rate of a leading indicator in Cyprus used to predict the future direction of economic movements, continued its upward trend, but on a moderate path, the University of Cyprus

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Netflix market cap up $103 bln in Jan-May

Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain in absolute dollar terms over the past decade, according to data from Stocklytics.com. Following its huge subscriber loss

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CCLEI sees moderate growth in June

The annual growth rate of a leading indicator in Cyprus used to predict the future direction of economic movements, continued its upward trend, but on a moderate path, the University of Cyprus

More

Defining fintech trends for 2023

The financial technology (fintech) sector exploded last year with a record level of investment. This year it has continued to boom, albeit in a different environment. So, what’s next for fintech in

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Natgas back on the EU agenda

By Charles Ellinas In Germany, the new Economics Minister Katherina Reiche has urged construction of new gas-fired power plants. She said, “we

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WTI trades with caution at $64 as tariff deadline nears

West Texas Intermediate futures on NYMEX, exhibit a sluggish performance slightly above the two-week low of $63.73 from Wednesday. The benchmark WTI crude oil trades cautiously near its immediate lows on persistent global demand concerns due to the tariff policy announced by

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WTI hits $75.50 amid Mideast tensions

West Texas Intermediate (WTI) climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and

North Sea collision to activate multiple insurance

The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and

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