The island’s battered tourism industry is trying to recover from the coronavirus, as well as the impact from the war in Ukraine and sanctions on Russia, as it gets off to a
RCB Bank has embarked on an “orderly winding down” of its Cyprus banking operations, following the announcement a month ago of the transfer of shares held by Russian entities to local stakeholders,
By Craig Erlam European stocks posted losses of 1% on Wednesday, paring some of the gains we’ve seen over the last couple of weeks. We’ve clearly seen an improvement in sentiment recently
By Han Tan, Chief Market Analyst at Exinity Group Bonds are extending their slump worldwide, driven by fears that central banks have to get more aggressive in quelling red-hot inflation. Earlier this
Addiction to fossil fuels will drive the world’s “mutually assured destruction,” while it could also hit investment portfolios, according to the CEO of a leading financial advisory and fintech organisations, echoing the
By Craig Erlam Stock markets made decent gains on Tuesday, bouncing back quickly from the disappointment late Monday as Fed Chair Powell turned the hawkish dial up a notch. It didn’t take
The impact of Russia’s invasion of Ukraine is now reflecting in the net worth of the country’s elite business people known to control vast fortunes, as the economic sanctions imposed by the
The Cyprus government has appealed to Brussels to be allowed to step in and support the island’s farmers who are struggling with skyrocketing prices of animal feed in the aftermath of the
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks traded higher Tuesday morning, while European shares rose after Fed Chair Jerome Powell struck a more hawkish tone on monetary policy. In
By Craig Erlam It’s been a flat start to the week in equity markets, with Europe posting marginal losses or gains. There’s been so much to absorb in recent weeks and while
