Kyriacos Nicolaou

Fidelity Investments’ parent company, FMR LLC, has increased its indirect voting rights in Greek toy and retail group Jumbo SA to 5.10 per cent, crossing the 5 per cent threshold following an ...

Demetra Holdings Plc repurchased 1,426 of its own shares at €1.36 per share on October 16, 2026, as part of its ongoing share buyback programme, the company announced on Monday. The transaction was executed ...

The Cyprus Stock Exchange (CSE) will delist 2,000 Series 2 bonds issued by Rehub Plc from Tuesday, October 20, 2026, following their repayment in accordance with the terms of issue. The bonds are listed ...

Eurobank S.A. repurchased 1.95 million of its own shares for €8.65 million over five trading days between October 12 and October 16, the lender announced on Monday. The purchases were made under the ...

Cyprus is expected to increase state revenue by requiring company owners, directors and shareholders who draw dividends alongside low declared salaries to pay social insurance contributions on part of those ...

Euro area companies with more geographically diversified shareholders cut investment less sharply during the Covid-19 crisis than businesses whose investors were concentrated in their home country, according to a European ...

The Cyprus Consumers Association has accused the authorities of failing to adequately monitor the introduction of zero VAT on five additional categories of essential goods, arguing that the measure has ...

Worldwide shipments of desktop computers, laptops and workstations fell 21.2 per cent year-on-year to 58.1 million units in the third quarter of 2026, as higher component costs pushed up prices and weakened demand, ...

The European Central Bank (ECB) has developed two new indicators to monitor euro area banks’ vulnerabilities between regular stress tests, helping authorities assess whether lenders can withstand future losses and ...

The European Securities and Markets Authority (ESMA) has published two new guidance notes aimed at helping investment firms and other financial market participants make clearer claims about the environmental and ...

Artificial intelligence (AI) is reshaping the retail sector, with 80 per cent of retail leaders planning to increase investment in the technology, although cybersecurity threats and regulatory constraints could limit its ...

Here are the top business stories in Cyprus from the week starting October 12: The Cyprus economy is forecast to grow next year despite the economic headwinds due to ongoing crises ...

Private equity buyouts can boost suppliers’ sales and employment but also intensify cost-cutting during economic downturns, with wider consequences for competition and the effects of interest rate changes, according to ...

Global shipments of OLED monitor panels are forecast to rise by 79 per cent in 2026 to 6.1 million units, as falling prices, expanding production capacity and growing competition drive wider adoption, according ...

Technology and software companies face growing challenges from electronic invoicing requirements as countries introduce differing tax reporting rules, deadlines and data standards, according to professional services firm EY. The firm ...

On any given day, Nicosia and Limassol residents trade barbs online about all sorts of issues. Which has the worst congestion, the worst drivers, the most preferential treatment from the ...

The global installed base of connected vehicles is forecast to more than double to over 1.05 billion vehicles, up from 473.7 million in 2025, according to research by market intelligence firm Omdia. The ...

The household saving rate across the euro area decreased to 14.2 per cent in the second quarter of 2026, down from 14.4 per cent in the first quarter, according to Eurostat. The statistical ...

Mobile game developers are increasingly turning to direct-to-consumer platforms following regulatory changes that have made it easier to sell in-game items, virtual currency and other digital content without intermediaries, according ...

The Cyprus Chamber of Commerce and Industry (Keve) has drawn attention to European funding opportunities available to Cypriot SMEs and startups through the Cascade Funding mechanism, particularly for businesses working ...

European Union services production returned to growth in July 2026 as seasonally adjusted output rose by 0.3 per cent across the bloc and by 0.4 per cent in the euro area, according to ...

Global shipments of public displays and signage TVs rose to more than 1.73 million units in the second quarter of 2026, up from 1.61 million in the previous quarter, according to research firm ...

EU goods exports to Canada rose 1.2 per cent in 2025, reaching €48.80 billion, while imports increased much more sharply to €33.00 billion, leaving the bloc with a €15.80 billion trade surplus, according to Eurostat. ...

The European Union recorded a high-tech trade surplus of €32.4 billion in 2025, driven by strong export growth in pharmaceuticals and aerospace products, according to figures published by Eurostat. The statistical agency ...