Cyprus Business News

“Our business has survived many wars, but this crisis is different,” says Hani Bohsali. Businesses that have been operating in Lebanon for more than 100 years, are today struggling to survive, ...

The German Green party’s candidate for chancellor, Annalena Baerbock, plans to cut jet fuel subsidies and abolish short-haul flights if she comes to power, she told weekly Bild am ...

Covid-19 infections in adults of all ages fell by 80 per cent five weeks after a first dose of Pfizer (PFE.N), Moderna (MRNA.O) or AstraZeneca (AZN.L) vaccine, according ...

An unexpected rise in inflation in the US has pundits yapping across the globe about the dangers of inflation. Consumer prices in the US rose 4 per cent on an annualised ...

Global ratings agency S&P on Friday affirmed its long-term sovereign credit rating on Israel at “AA-/A-1+” and maintained its outlook at “stable”. Despite security and political risks ...

Canadian-owned Malta-based pharmaceutical company Materia has just won European Union certification for its Malta-based production facility, allowing it to distribute medical cannabis flower across the continent. Cyprus is beginning to ...

The EU Commission’s attempt to harmonise tax rules and to limit advantages enjoyed by large companies in low-tax jurisdictions has suffered severe setbacks. On Wednesday, the General Court by ...

China on Saturday landed its Mars probe, Tianwen-1, on the red planet, ushering in a new chapter of China’s deep space exploration and marking another contribution to humanity’s ...

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 is certainly due, at least ...

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 of Cyprus’ Best Workplaces™ 2021 as ...

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 can they keep up? As ...

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 UK waters, a source familiar ...

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, citing long-brewing environmental concerns for a ...

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 losses, credit default, and many ...

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 highest court dealt a blow to ...

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 cost of disruption and ...

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 survey found that about 27 ...

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, the Cyprus economy will ...

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 livestreaming audience of 663 million in 2020, look ...

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 highest warning level last month ...

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”, although some analysts said ...

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 described the gene as UNC13...

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 role that Russian investments have ...

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 pens to strike pandemic cover from ...