Investor focus is set to shift from inflation to earnings season, starting Friday with JPMorgan Chase, Citigroup and Wells Fargo, as it will give us more insight about a forthcoming recession, says
With US inflation remaining stubbornly high, sectors that do well in a stagflationary environment are those that are likely to secure best returns for investors, according to the CEO of a leading
Business leaders are concerned over banks swiftly sending loan rates higher but not doing the same for savings. In a statement, the Cyprus Chamber of Commerce and Industry (CCCI) voiced its “extreme
Energy Minister George Papanastasiou has discussed with consortiums the option of importing natural gas quantities from Cyprus’ Exclusive Economic Zone for power generation in combination with LNG exports via a small plant.
Cypriot ‘’financial fixers’’ have been sanctioned by the UK and the USA for allegedly helping Russian oligarchs hide their assets following sanctions imposed on Moscow over Ukraine. Ten Cypriot “oligarch enablers” have
The Open University of Cyprus (OUC) has fallen victim to the notorious Medusa ransomware gang, asking for $100,000 following a cyberattack on the institution’s digital platforms. The gang has stolen personal data
President Nikos Christodoulides has been invited to attend the official coronation ceremony of the King of the United Kingdom, Charles III, next month. The President of the Republic has received an invitation to
Cyprus hotels saw an influx of tourists over the Easter holidays and expect local visitors to continue the trend for a getaway during the Greek Orthodox Easter break. In comments to the
By Edward Moya US stocks initially rallied after the March inflation report showed consumer prices are decelerating, prompting bets that the Fed might be done tightening. Wall Street wants the Fed to
Cyprus will maintain a sizeable fiscal and primary surplus keeping public debt on a downward path estimated to drop below the 60% GDP eurozone criteria by 2028, the IMF said. According to
