Business

By Nektarios Michail The recent geopolitical tensions that keep erupting around the world have underlined the fact that Europe and the US may likely be unprepared, and are definitely underperforming, ...

Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a ...

Samsung Electronics has unveiled thinner, lighter foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple (AAPL.O). ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab ...

The attractiveness of the United States as an investment destination has plunged in the eyes of British business executives who now see opportunities closer to home, a survey showed this ...

Matters became heated between Energy Minister George Papanastasiou and the electricity authority’s scientific staff’s trade union Sepaik leader Marios Pappoutis at the union’s annual general meeting on ...

Are you going to buy when it’s already up 300%, or are you ready to enter before the next explosive run? That’s the question smart investors are asking this ...

While Avalanche (AVAX) has already enjoyed a strong price rally this month, seasoned crypto investors are starting to look for the next asset with more runway left. That attention is ...

There will be “no immediate exploitation” of the ‘Pegasus’ natural gas field, Energy Minister George Papanastasiou said on Saturday. Addressing the electricity authority’s scientific staff’s trade union Sepaik, ...

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the key U.S. ...

XRP (XRP) just rallied 25% in a matter of weeks, giving its loyal holders a much-needed boost. But for investors looking for higher velocity gains and a long-term DeFi play, many ...

Electricity tariffs will rise by three per cent from the next two-month billing period, Energy Minister George Papanastasiou confirmed on Saturday. Speaking before the the electricity authority’s scientific staff’...

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...

British house prices stagnated month-on-month during June, as economists polled by Reuters had expected, figures from Halifax showed this week. The mortgage lender revised up May’s reading to show ...

Shell (SHEL.L) expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said this week ahead ...

British luxury carmaker Jaguar Land Rover reported a 10.7 per cent drop in first-quarter sales, its Indian parent Tata Motors (TAMO.NS) said this week, hit by a temporary pause in ...

Bitcoin (BTC) traded at $108,054, up 2.2% last week, with a $2.07T market cap, eyeing a $145K target. Driven by $769.5M in weekly ETF inflows and a golden cross on the daily ...

As Texas’ institutional reserves of Bitcoin (BTC) cross the $1 billion threshold, investor sentiment in crypto markets has surged. However, while Bitcoin (BTC) continues to consolidate, a new DeFi protocol is ...

Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while US tariffs ...

Ethereum (ETH) has officially crossed the $2,500 mark again, reigniting market confidence across crypto. But while ETH bulls celebrate, experienced investors are already pivoting—seeking underexposed assets with real utility, strong ...

Britain’s economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates ...

The European Investment Fund (EIF) has retained its top-tier AAA credit rating, with stable outlook, as confirmed by Morningstar DBRS (DBRS Ratings GmbH). The agency stated that both the long-term ...

As the crypto supercycle gains momentum in 2025–26, Ripple (XRP) is poised to surge 10x to $22.41, driven by speculation about ETFs and institutional adoption of the currency. But because it has ...

Total government employment in Cyprus reached 54,829 in June, marking an increase of 676 persons, a rise of 1.2 per cent compared to the same month in 2024, according to the state statistical service. ...