Cyprus Business News

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 the top end of ...

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 guest-host spot on the “Saturday ...

’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 brighter ...

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 COVID-19 pandemic was making more ...

Can’t open a bottle of water? A soft robotic arm will do it for you. Researchers from the University of Science and Technology of China (USTC) have developed a ...

The decisions by the Bank of England Monetary Policy Committee on Thursday to hold rates, and to reduce the speed of its asset purchase programme suggest that the pound will ...

Europe’s consumers will feel the hit from price rises this year as companies seek to recoup revenues and cover pandemic-related costs. But for now, this is inflation the European ...

Gold jumped more than 1 per cent en route to its best week since November after an unexpected drop in US jobs growth in April hastened a retreat in the dollar ...

“Residential for rent is where I see a lot of capital chasing product, given the affordability constraints of buying vs. renting. The investment in this sector is typically supported by (1) ...

US employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public ...

As part of measures to support companies facing liquidity problems due to the Covid-19 pandemic, the Ministry of Finance announced plans to allow partial monthly payments of VAT. “It is ...

In a major shift on intellectual property rights, the US administration has backed lifting patents of Covid-19 vaccines in order to speed up vaccination of those in need worldwide. The ...

Turkey’s central bank announced in a press release on Thursday that it chose to keep its key interest rate unchanged at 19 per cent, in a move widely anticipated by ...

“Turkey Unlimited. Now available without Turks,” reads a mock tourism advert on social media, poking fun at the sight of foreign tourists roaming quiet streets while most Turks are confined ...

The European Medicine Agency has started a rolling review of the Covid-19 vaccine developed by Chinese company Sinovac, the latest vaccine candidate hoping to win approval for usage in the ...

The Cyprus National Recovery and Resilience Plan is expected to create about 15,000 jobs, according to a preliminary review by the University of Cyprus. The plan, which allocates EU funds of €1.25 ...

Pfizer Inc (PFE.N) on Tuesday raised its forecast for 2021 COVID-19 vaccine sales by more than 70 per cent to $26 billion and said demand from governments around the world fighting to ...

Limassol Marina General Manager Nikiforos Pampakas talks about how the wharf is faring and evolving. Q:How has the Limassol Marina been affected by the pandemic? A:We are now ...

The infographic shows price changes for consumer goods during the pandemic.

A test plane for hydrogen propulsion from the British-Airways-ZeroAvia partnership was forced to make an emergency landing in the English county of Bedfordshire on April 29, the group said in a ...

CME Group, a Chicago-based derivatives marketplace, has launched Micro Bitcoin futures, further expanding its suite of crypto derivatives offerings, the company said in a press release on Tuesday. “At one-tenth ...

For Bank of Cyprus Deputy CEO Dr. Charis Pouangare, the royal road to profit passes through enhanced service for the customer. “This enables us to overcome many challenges. First, the ...

Consumer inflation (CPI) in Turkey rose 1.68 per cent monthly in April and annual inflation rose to 17.14 per cent, the Turkish Statistical Institute (TurkStat) announced on Monday. Annual inflation has now ...

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United ...