Cyprus Business News

John Krasinski’s post-apocalyptic thriller “A Quiet Place Part II” collected a roaring $48 million between Friday and Sunday, exceeding expectations and posting the biggest three-day haul of the pandemic era. ...

A new Israeli study has revealed a major cause of degenerative diseases including Parkinson’s, Ben Gurion University (BGU) said Sunday. During the aging process, proteins in the body lose ...

Kelly Christodoulou, a resident of Larnaca, is Senior ESG and Stewardship Consultant, Investments at AustralianSuper, one of that country’s largest pension funds with $200 billion (EUR 125 billion) in assets under ...

Covid-19 has had a remarkably small effect on alternative investment, and almost none on luxury goods. These goods have a record of continually appreciating, and that didn’t change during ...

Chinese-owned short video-sharing app TikTok has been given a month to respond to multiple complaints from EU consumer groups that it allegedly violated the bloc’s consumer laws and also ...

“Bank of Cyprus has already covered considerable distance in our ESG journey. We have an ‘A’ rating from MSCI, which is the global benchmark on ESG. The company has also ...

“Most clients would consider ESG investments only if such investments are expected to enhance returns. There are organisations, of course, that are willing to take on ESG investments even if ...

Gender has been found to not be a significant factor on how wages are determined amongst the educated in Cyprus, a study has revealed. The Structure of Earnings Survey is ...

Larnaca is seventh on a ranking of the ten most-booked travel destinations by UK nationals this year, according to research released on Friday. The Valencia, Spain-based analytics firm Forward Keys ...

Tunisian politicians and officials warn of an economic collapse if the government cannot agree a new International Monetary Fund (IMF) loan this summer, but political paralysis could scotch that effort. ...

Cyprus Small- to Medium-sized businesses must undergo a transformation in order to survive – they need to jettison past ways of doing business and adopt those that are right for today. ...

Israel’s Global Knafaim said on Thursday it bought a 49.9 per cent stake in the small Cypriot airline Tus Airways with a $5 million investment. Global Knafaim is a unit of ...

Too many measures have only a short-term effect and major goals are neglected. By Dr. Charles Ellinas Cyprus’ government has put forward an ambitious ‘Recovery and Resilience Plan’ (RRP), with ...

Cryptocurrencies slipped on Thursday, though without falling through recent lows, as traders clung to hopes that a nascent recovery from last week’s plunge can regain its momentum. Bitcoin has ...

The Turkish lira, at 10.32 to the euro, 8.44 to the dollar at this writing, is under extreme stress, according to analysts. The currency is perilously close to its record low of 10.50 ...

French President Emmanuel Macron said Tuesday in Brussels that the EU “needed to very deeply rework” its relationship with Moscow and that “the sanctions policy” had reached its “limits”, towards ...

Airbnb on Wednesday said new trends are changing the travel industry as longer stays, and family groups are now most popular choices. On Wednesday, Airbnb released its Travel & Living ...

The fundamentals for the dollar remain bearish, analysts say. The euro is up 4 per cent against the dollar, the Brazilian real has risen 6 per cent and the Chinese yuan by ...

“Privatisation is coming soon to the Cyprus Stock Exchange (CSE),” Chairman Marinos Christodoulides told the Cyprus Mail in a note. “Hopefully, a foreign stock exchange will be the new shareholder ...

The European Commission has loaned Cyprus €124 million under the Support to mitigate Unemployment Risks in an Emergency (SURE) Programme, the Commission said in a press release on Tuesday. The funds ...

Bank of Cyprus announced first quarter revenue of €136 million, and operating profit of €45 million, the bank said in a statement on Tuesday. Profit after tax was €8 million. But organic profit (...

Forget Brexit, says the Confederation of British Industry, a group which represents 190,000 companies in the UK. The organisation says “Seize the Moment,” and releases a report intended to establish a ...

Turkish organised crime boss Sedat Peker on Sunday released his seventh video in a scandalous series about government and organised crime that has garnered 70 million viewers, according to Social Blade. ...

More than 1.3 million UK residents have registered for the National Health service app since details of vaccination against Covid were added. The app enables users to show proof they have ...