Britain’s M&S pulls out of Russia and warns on outlook
British retailer Marks & Spencer (MKS.L) will pull out of Russia altogether and joined rivals...
Latest News
Lebanese banks to exit Cyprus
Lebanese banks are planning to close their branches in Cyprus,...
Cyprus experiencing economic imbalances says European Commission
Cyprus continues to experience excessive macroeconomic imbalances, the European Commission said on Monday during the presentation of its 2022 European...
Australian banks enter tech arms race as rising rates squeeze profit
The 10-minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in...
Israel Discount Bank quarterly profit rises, to pay dividend
Israel Discount Bank (DSCT.TA) reported a higher-than-expected rise in quarterly profit that was boosted by higher financing income and a...
More job cuts planned in banking sector
The Bank of Cyprus plans to reduce the number of its branches by 25 per cent and workforce by 15...
Owning shares in real estate
For the locals, it is common to own shares of...
Rights of assignor and assignee in an assignment agreement
In case of an absolute assignment of a debt, the assignee has the chose in action An assignment agreement...
‘Construction sector can support Cypriot economy in difficult times’
Cyprus Land and Building Developers Association general manager Mersina Isidorou on Tuesday said that the Cypriot construction sector can help...
‘Famagusta region accommodates every type of real-estate investment’
No one can see the future but, in an ever-changing economic environment, it can sometimes be difficult to make decisions...
Should the government rent office space?
There is a lot of public discussion going on regarding the rental of private office buildings for the government’s needs....
Apple’s iPhone development schedule delayed by China lockdowns
Apple Inc (AAPL.O) has told its suppliers to speed up...
Amazon.com faces record challenges at shareholder meeting
Amazon.com Inc (AMZN.O) faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for...
Britain’s M&S pulls out of Russia and warns on outlook
British retailer Marks & Spencer (MKS.L) will pull out of Russia altogether and joined rivals in warning about the outlook...
Nike not renewing franchise agreements in Russia
US sportswear maker Nike (NKE.N) has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on...
Ralph Lauren expects margins to grow as the affluent shrug off inflation
Ralph Lauren Corp (RL.N) on Tuesday forecast higher sales and improved margins for the year as demand for its luxury...
Cyprus Business Now
The Cyprus Shipping Chamber (CSC) on Friday announced that it...
CBC paints gloomy picture for rest of 2022
The magnitude of the impact on the Cyprus economy from the war in Ukraine will depend on the duration of...
British Airways owner IAG to order 50 Boeing 737 MAX jets
British Airways owner IAG (ICAG.L) said on Thursday it has agreed to order 50 Boeing (BA.N) 737 MAX jets for...
Paphos Airport sees 600,000 passengers in first four months of 2022
Hermes Airports on Tuesday announced that in May a total of 223 flights across 55 destinations are operating on a...
Cyprus Business Now
Paphos hoteliers association (Pasyxe) Thanos Michaelides on Tuesday said that hoteliers are currently faced with two challenges,the difficulty of finding...
Cypriots receive training at first European coding challenge
Amidst a serious shortage of IT specialists, Cypriots received training...
Apple’s iPhone development schedule delayed by China lockdowns
Apple Inc (AAPL.O) has told its suppliers to speed up iPhone development after China’s strict COVID-19 lockdowns hampered the schedule...
Social media firms sink after bleak warning from Snapchat parent
Snap Inc’s (SNAP.N) shares plunged nearly 40 per cent on Tuesday after a profit warning from the Snapchat parent signalled...
Top seven sites to buy YouTube views and likes
Every year it becomes harder and harder to develop your YouTube channel. The number of users on the platform continues...
Prehistoric fossil in Peru sheds indicated marine origin of crocodiles
The discovery of a prehistoric crocodile fossil in Peru from around 7 million years ago has given paleontologists more clues...
Cyprus Business Now
The Cyprus Shipping Chamber (CSC) on Friday announced that it...
Turkish shipping embargo ‘a thorn in an open wound’ for Cyprus says...
President Anastasiades earlier this week said that Turkey’s ban on Cyprus-flagged vessels is an ongoing source of frustration for the...
Cyprus ship management sector generated half a billion in 6 months
Cyprus’ revenues from ship management rose to €516 million during the second half of 2021, corresponding to 4.2 per cent...
Cyprus Business Now
The demand for apartments and houses for rent in Chloraka has increased this year, primarily among Germans and Northern Europeans,...
Blue economy funding opportunities explored in Limassol event
The Cyprus Foundation of the Sea (CyFOS) announced on Friday that it successfully held an informational workshop on April 6,...
