Cyprus Business News
The Cyprus Securities and Exchange Commission (CySEC) on Tuesday gave temporary permission to some UK investment firms to operate in Cyprus despite Brexit through December...
Pound moves higher on expected Brexit deal; euro steady
Sterling extended gains on Thursday amid expectations a long-elusive Brexit deal was imminent, raising hopes the UK can avoid a turbulent economic rupture on New...
Brexit ‘thin’ deal announcement expected today; fisheries compromise reached
UK Prime Miinister Boris Johnson is expected to announce a Brexit trade deal today (Thursday), the Financial Times reported. Negotiators worked through the night to...
European Recovery Fund proposals complete; Finance Minister to sign off in January
The proposals for projects to be funded by the European Recovery programme have been completed by all Cyprus government ministries, and are ready for approval...
Brexit talks still struggling with fisheries compromise
Brexit talks are in the “final push,” on Wednesday, as the rift over fisheries seems to daunt negotiators. “We are really in a crucial moment....
‘Cyprus is the place to build a network’ – Tech Businessman
Back in 2006, Stephen Calligeris made two difficult decisions: First, he decided to move from London to Cyprus, leaving a solid corporate job with engineering...
BioNTech, European Medicines Agency both confident vaccine effective against new UK mutation
BioNTech Chief Executive Ugur Sahin said on Monday he was confident a Covid-19 vaccine co-developed by his company with Pfizer would be effective against a...
Ryanair cancels 12 UK routes in dispute with Civil Aviation Authority
Ryanair Holdings Plc cancelled 12 international and domestic United Kingdom routes on Monday due to what it called a sudden change of Brexit-related policy by...
Dollar soars, sterling sinks as coronavirus lockdowns stoke safe-haven demand
The dollar climbed against its major peers on Monday with investors rushing for its relative safety as many countries tightened COVID-19 lockdowns. Sterling was on...
UK neighbours shut borders on new Covid strain
Britain’s European neighbours began closing their doors to travellers from the United Kingdom on Sunday amid alarm about a rapidly spreading strain of coronavirus that...