The US Supreme Court is set to consider bids by two tech giants – Meta’s (META.O) Facebook and Nvidia (NVDA.O) – to fend off federal securities fraud lawsuits in ...
American multinational oil and gas corporation ExxonMobil will next year begin drilling for natural gas under the sea off the coast of Cyprus, Energy Minister George Papanastasiou said on Friday.
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The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new ...
British house prices hit a new record high in October but the 0.2 per cent rise from September was the smallest in three months and demand could remain subdued if interest ...
Central banks have engaged in notable amounts of gold purchasing in recent years.
In 2022, their buying level reached its highest point since 1950, with banks ultimately obtaining 152% more gold than in 2021. ...
The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a warning regarding a rise in fraudulent activity.
The latest spate of incidents involves individuals posing as CySEC officers to ...
Compared to the global market’s growth from $2.33 trillion to $2.52 trillion within a week, Avalanche (AVAX) has seen only modest gains. As a result, investors are increasingly turning to contenders ...
The International Propeller Club of the United States has recognised Cyprus-based shipping companies for their participation in the US Coast Guard’s Automated Mutual-Assistance Vessel Rescue (AMVER) programme.
The ceremony, ...
Better regulations and improved transparency are necessary for the development of the fixed-income market, according to Societe Generale’s Elina Asimakopoulou.
Asimakopoulou, who works as a senior cross asset execution ...
The PwC Cyprus Foundation on Friday announced a strategic sponsorship collaboration with Cyprus Seeds.
Cyprus Seeds is a private, non-profit organisation whose mission is to support the commercialisation of innovative ...
Inflation in Cyprus dropped to a three-year low of 0.6 per cent in October, mainly due to falling petroleum prices, according to a report from the Cyprus Statistical Service (Cystat).
Still, ...
Eurobank’s third-quarter results mark a significant milestone as the bank fully integrates Cyprus’ Hellenic Bank for the first time since acquiring a majority stake, said Eurobank CEO Fokion Karavias.
“...
Alpha Bank (ACBr.AT), Greece’s fourth-largest lender by market value, reported higher net earnings in the January-September period compared to the same period in 2023, on lower provisions and strong ...
Passenger traffic at Cyprus’ Larnaca and Paphos airports increased by 7.14 per cent in October 2024 compared to October 2023, according to the Transport Ministry.
The ministry said this resulted in record traffic ...
Eurozone firms expect their turnover to keep rising this quarter but their margins remain under pressure with wage growth outpacing selling price increases, the European Central Bank said in a ...
Hellenic Bank and the union representing its employees, Etyk, have finalised a new collective agreement, based on the preliminary accord reached in April 2023 with the mediation of the Labour Minister.
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German software developer TeamViewer (TMV.DE) raised its outlook for adjusted core profit margin for the full year after better-than-expected profitability in the third quarter following a reduced sponsorship deal ...
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after ...
BBF is a recognised leader in residential and commercial development, headquartered in Limassol, Cyprus, with branches in Larnaca, Paphos, Nicosia and Athens.
The name BBF stands for Build. Better. Future. ...
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis on Thursday.
Tannousis addressed an international audience at the 10th ...
French company Nexans is conducting a seabed survey as construction of the Great Sea Interconnector cable continues, Energy Minister George Papanastasiou said on Thursday.
Speaking to the Cyprus News Agency ...
Hellenic Bank and the union representing its employees, Etyk, have finalised a new collective agreement, based on the preliminary accord reached in April 2023 with the mediation of the Labour Minister.
...
Greek retail chain Jumbo Group reported robust sales growth for the first ten months of 2024 at its recent shareholder briefing.
This was driven by strong demand in key markets and ...
Association of Cyprus Banks head Michalis Kammas met with six organisations representing elderly people this week, according to an official announcement.
The meeting allowed them to discuss the challenges elderly ...