India’s online gaming industry remains mired in legal limbo after the Supreme Court deferred hearing challenges to the country’s sweeping real-money gaming (RMG) ban until January 2026, prolonging a crisis that has already brought much of the sector to a halt. Gaming companies had pressed the judiciary for urgent relief against legislation that has effectively frozen their operations nationwide. However, their petitions will not be taken up in the near term. On December 11, a

Hourly labour costs in Cyprus rose by 3.5 per cent in the third quarter of 2025, placing the country close to the European Union average and reflecting ongoing wage and cost pressures faced by employers across Europe, according to the latest figures released by Eurostat.   Data from the EU’s statistical office show that during the same period, hourly labour costs increased by 3.3 per cent in the euro area and by 3.7 per cent across the EU as a whole, compared with the third q

As many in the market anticipated, cryptocurrency brokerage Coinbase Global (NASDAQ: COIN) confirmed on Wednesday that it is moving into prediction markets through a partnership with Kalshi. Speculation around Coinbase’s plans to offer prediction-style contracts has circulated for months and gathered pace last week ahead of an event held earlier today. Event contracts now form part of a wider strategic push by the company, which also includes tokenized equities, aimed at broa

HM Revenue and Customs has secured a significant win in the Supreme Court after successfully challenging Hotel La Tour’s attempt to recover VAT linked to the sale of shares in one of its subsidiaries. The ruling marks a decisive conclusion to a long-running dispute over whether VAT incurred on professional fees connected to a share sale can be reclaimed when the proceeds are used for taxable business activities. The judgment was delivered on December 17 by a panel comprising