Business

The owner of the discount chains Pepco, Poundland and Dealz, Pepco Group , plans to create about 13,000 net new jobs across Europe over the next three years as it aggressively opens ...

British retail sales resumed their post-lockdown recovery in June after a surprise fall in May, as soccer fans watching the Euro 2020 tournament loaded up on food and drink to enjoy ...

Eurozone business activity expanded at its fastest monthly pace in over two decades in July as the loosening of more COVID-19 restrictions gave a boost to services but fears of ...

Most people have heard about bitcoin and even know how to get it, thanks to the relentless campaigns and endorsements by a section of industry leaders. Bitcoin is a digital ...

Eurobank on Friday announced the acquisition of a 9.9 per cent holding (40,800,000 shares) in Hellenic Bank, according to a statement released on Friday. It also announced entering into a share purchase ...

Many people have applauded bitcoin as the future currency that would effectively address the frequent shortcomings of dealing with fiat currencies and traditional banking institutions. Since Satoshi Nakamoto released Bitcoin ...

Transport Minister Yiannis Karousos said that the plan for the implementation of sustainable mobility solutions in Nicosia is progressing, according to the Cyprus News Agency (CNA). Speaking during an event ...

The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the rapidly spreading Delta variant of ...

Moody’s Investors Service (“Moody’s”) has on Wednesday upgraded Bank of Cyprus Public Company Limited’s (Bank of Cyprus) and Hellenic Bank Public Company Ltd’s (Hellenic Bank) long-term ...

The effectiveness of the Pfizer vaccine against Covid-19 has dropped to 39 percent in Israel, the country’s Ministry of Health said on Thursday. The Pfizer vaccine is also only 41 per ...

Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology ...

Italian luxury boss Brunello Cucinelli is offering six months of paid leave to a handful of employees who have refused to vaccinate in order to protect workers who have taken ...

Britain’s government on Thursday unveiled a blueprint for returning NatWest (NWG.L) to majority private ownership within a year, more than a decade since bailing out the lender at ...

Eurogroup President Paschal Donohoe praised Cyprus’ “impressive recovery” from the coronavirus outbreak on Thursday, stressing that this performance was the result of good national policies coupled with good decisions taken ...

Cyprus must gradually return to prudent fiscal and macroeconomic policies to bolster its economic standing, Finance Minister Constantinos Petrides said on Thursday, warning that a reversal of reforms would harm ...

Zurich-based EFG Bank, present in Limassol and Nicosia, saw IFRS net profit triple to CHF 106.5 million (€98.4 million) on CHF 629.3 million (€581.2 million) in revenue for the first half of 2021, according to ...

Even the most accomplished financial market experts do not have a crystal ball that can accurately predict the worth of an asset in the next ten years. It is even ...

German Chancellor Angela Merkel and US President Joe Biden on Thursday reached an agreement on the Nord Stream 2 pipeline that will carry gas from Russia to Europe, bypassing Ukraine, on ...

Airline passengers are fed up with confusion at airports due to Covid-19 health checks, and want to see a unified global system put in place. This is according to a ...

Celestyal Cruises, a cruise line that also serves Cyprus, have announced a strategic partnership with AtmosAir Solutions, a company specialising in the filtration and cleaning of the air in indoor ...

The Budapest Airport has reported a record turnover for its first six months in 2021, thanks to the Chinese e-commerce giant Alibaba, the airport informed Wednesday. “Thanks to the record half-year, ...

The Cyprus housing market has become unaffordable for many due to the rising cost of construction materials. Industry insiders warn that this will not be resolved for quite some time. “...

“I might pump, but I don’t dump,” said Elon Musk on Wednesday. “I definitely do not believe in getting the price high and selling … I would like to see ...

The public consultation on “Vision 2035: Long-Term Strategy for the Sustainable Development of the Cypriot Economy,” was launched on Wednesday. Speaking at the launch conference, Finance Minister Constantinos Petridis noted that ...