Cyprus businesses keeping their employees despite challenges
The majority of Cypriot businesses will keep the same number of employees during the following year a study by CMRC Cypronetwork LTD has revealed. This...
Cyprus Business News
Cyprus’ best companies to work for in 2021 – Researcher
DHL Grant Thornton Cyprus Leroy Merlin Psaras Construction Co Ltd Nexxie Group Odyssey™ Cybersecurity Parimatch Vassos Eliades Ltd Unicars Nine companies make up the list...
Cyprus companies grow more high-tech; can workers keep up?
The move to remote working in the pandemic has raised the bar in technical skills at many companies in Cyprus. But what about workers? How...
Brexit: France to hold up financial services deal
Paris has said it will delay a European Union financial services deal with Britain until Prime Minister Boris Johnson grants European fishermen fair access to...
Bitcoin plunges as Tesla’s Musk halts use of bitcoin for car purchases
Bitcoin fell more than 10 per cent after Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday,...
Cyprus can replicate NPL offensive in Italy with ‘bad bank’
By CITR Cyprus, part of the Impetum Group The Italian model, with a ‘bad bank,’ has seen success in managing NPLs. Business shutdowns, deferrals, job...
Amazon wins court fight against $303m EU tax order
Amazon on Wednesday won its fight against an EU order to pay about €250 million ($303 million) in back taxes to Luxembourg as Europe’s second...
Brexit: Northern Ireland trade rules ‘unsustainable’ says Frost
The way in which post-Brexit trade rules for Northern Ireland are operating may not be sustainable for long, Britain said on Tuesday, as firms count the...
Turkey: 27% of residents live at ‘near-starvation’ level — Poll
Twenty-seven per cent of Turkish residents are found to be living at near -starvation levels, according to independent researcher MetroPOLL’s monthly survey for April, The...
Cyprus economy will rebound, but not dramatically — economist
For economist George Syrichas, former executive director and board member of the Central Bank of Cyprus, currently advisor to the Economic Research Centre, University of...
Cyprus esports flourish as global gamers generate $1.1bn in revenue
esports will generate $1.1 billion in revenue this year. The majority of that number comes from media rights and sponsorship opportunities, which, with a global...
US State Department eases travel advisories for UK, Israel
The US State Department said on Monday it has eased travel advisory ratings for the United Kingdom and Israel after raising both countries to its...
Ethereum at all time high of $4,200; rally expected to continue
Ethereum’s ether climbed to a new peak for a third straight day on Monday on continued optimism about further growth in decentralised finance or “DeFi”,...
Epilepsy gene discovered by Chinese scientists
Chinese scientists have recently discovered a gene responsible for epilepsy, a neurological disorder of the brain. The new study published in the international journal Brain...
Cyprus needs new treaty with Russia to stay competitive
By Nicholas Anderson How the lack of bilateral investment treaties diminishes the competitiveness of Cyprus as a European investment hub No one can deny the...
Insurers, having lost $100bn, seek new ways to deal with pandemics
When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red...
Dassault launches Falcon10X ‘flying penthouse’ jet
Dassault Aviation (AVMD.PA) launched a new long-range “flying penthouse” on Thursday in a bid to challenge rivals serving the ultra-wealthy and heads of state at...
Dogecoin tumbles after Elon Musk calls it a ‘hustle’
Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his...
Blue hair signals profit for new L’Oreal boss
’Oreal’s (OREP.PA) make-up sales are set to bounce back to pre-Covid-19 pandemic levels, the French group’s new chief executive said on Friday, with women opting for...
Patent waivers for vaccines proposal supported by 5 EU nations
Five European Union Member States distanced themselves on Friday from the idea of waiving patent rights on coronavirus vaccines, saying the key to ending the...