Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
The Paphos property market has seen a surge in real estate sales, with major deals pushing the total value of transactions in excess of €190 million during the second quarter of 2023, ...
Cyprus experienced a net increase of €8.5 million in total loans during the month of August 2023, following a significant reduction of €100 million in the previous month, according to a report released ...
Cyprus experienced a 2.3 per cent increase in total petroleum sales in August 2023 compared to the same month in 2022, reaching a total of 124,832 tons, according to a report released this week ...
German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could be the beginning of the end for high ...
Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the federal budget and a ...
Brazil’s central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject brokerages to their supervision.
Speaking during a hearing in Congress, ...
Amid mounting complaints over the cost of living, the government on Thursday said it may bring back electricity and fuel tax subsidies in the near future.
Speaking to public broadcaster ...
Volkswagen (VOWG_p.DE) said on Thursday that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its global production ...
National flag carrier Cyprus Airways on Thursday announced a strong performance for the month of August 2023, reporting an impressive increase in passenger numbers.
According to the announcement, approximately 80,000 passengers were ...
When Nike reports its results for the key back-to-school shopping season on Thursday, investors will be eyeing the performance of its Jordan brand, a major profit-driver for the company.
Data ...
The theme of the 2023 Cyprus Forum is transparency. “In this year’s Cyprus Forum,” say organisers, “transparency takes centre stage. Join us as we explore, among many other topics, the ...
New York has easily remained the world’s top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, ...
Product reviews are in our increasingly digital world for consumers very important when it comes to purchasing decisions. These reviews, whether from everyday users or industry experts, provide invaluable insights, ...
The Bank of England on Thursday set out a reform of capital rules for insurers to “unlock tens of billions of pounds” for investments in the economy.
The Solvency II ...
Oil prices scaled one-year highs on Thursday while world stocks eyed their longest losing streak in two years as worries deepened about persistently high interest rates, sending investors to shelter ...
Indices is one of the simplest trading options for traders. It was first invented by Daw Jones and Charles Daw in 1885. This way of trading is responsible for opening revolutionalized ...
Oil Profit, an emerging technology that combines quantum computing and artificial intelligence, has gained significant attention in recent years. Its potential to revolutionize the financial industry is undeniable, but it ...
There are many obstacles in web-based trading, so even an expert trader knows the difficulties when utilizing any trading site. When it comes to web-based Forex and cryptocurrency trading, Wealth ...
The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday shared the findings of a recent business study which shed light on the significant bureaucratic hurdles faced by small and ...
Deloitte, a global professional services firm, has officially launched the nominations for the third cycle of its prestigious “Technology FAST 50” programme.
The initiative celebrates and awards fast-growing technology companies headquartered ...
The Bank of Cyprus on Wednesday announced that it managed to secure five distinct awards at the World’s Best Digital Banks Awards 2023, presented by the renowned international magazine Global ...
Hyundai (005380.KS) and Kia (000270.KS) are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from ...
Limassol recently experienced a remarkable transformation on September 20-21 as it played host to the 6th Reflect Festival.
Drawing an impressive crowd of more than 8,000 international entrepreneurs, decision-makers, and investors, ...
Hellenic Bank announced on Wednesday relief measures for customers with a focus on low-income pensioners and those on minimum income.
Key points include an extension to the free single euro ...