How cryptocurrency has become a legitimate investment option

How cryptocurrency has become a legitimate investment option

One of the major concerns about Bitcoin and other cryptocurrencies was whether they would be considered legitimate forms of payment by businesses and other entities. Traditionally, financial instituti [...]

Saipem drillship arrives for exploration in block 6

THE Saipem 12000 deepwater drillship has arrived at the target in block 6 where later this week it is scheduled to commence drilling an exploratory gas well. Energy minister Giorgos Lakkotrypis tweete [...]

Apple faces lawsuits after saying it slows down aging iPhones

Apple Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts in the week since the compa [...]

Bitcoin rises 10 pct, recovers from last week’s brutal selloff

Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week’s lows of below $12,000. Bitcoin, the world’s biggest and best-know [...]

Assumptions for determining fair rent

A valuation report prepared either by a Land Registry valuations’ officer or by a valuer to determine the fair rent of a property situated in a rent control area should consider the assumptions set [...]

Limassol to get first bitcoin embassy

Limassol will get its first bitcoin embassy in early 2018, fintech company Hello Group announced on Friday. The announcement followed the launch of the first bitcoin ATM in Limassol in November. “Th [...]

Cyprus pays €2.5bn into EU budget in 13.5 years, Treasury says

Since May 2004, Capo has received a total of €803m, Anastasiou said. In the first ten months of 2016, the island transferred to the EU a total of €163.3m and received €60.3m back in the form of [...]

Support for the single currency hits record high

Close to three-quarters of respondents are for the euro (74%, +1 percentage point since spring 2017) in the euro area, according to the first results of the autumn Standard Eurobarometer, published to [...]

After BoC, Hellenic too mulls new earning scheme, source says

A spokesman of the bank declined to comment. If the bank does go ahead and propose changing its pay scheme to bank workers’ union Etyk, it will be the second to do so after Bank of Cyprus. The large [...]

Cyprus economy’s momentum at Economist event

An overall very positive picture of the Cypriot economy, notwithstanding specific challenges, was drawn by the speakers of an Economist event held in London’s Stock Exchange on Thursday. The ‘Cyp [...]

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