Cyprus Business News

The Cyprus economy has slowed as businesses and consumers await the full rollout of vaccines which should mean an end to restrictions that are limiting economic activity, according to a ...

Three out of every four British manufacturers have experienced Brexit-related delays during the past three months and the government must sort out problems that are still affecting ports, industry group ...

Britain’s Marks & Spencer said on Thursday it would launch a wave of guest clothing brands on its website this spring, including Hobbs, White Stuff, Joules and Sloggi, in ...

Turkish President Tayyip Erdogan again on Wednesday defended former finance minister Berat Albayrak’s policies, despite the fact that Albayrak’s policies brought the country perilously near to a currency ...

Cyprus property sales fell sharply last year according to the Deloitte Cyprus Real Estate Market Report released on Tuesday. The total contracts of sales for Cypriot properties dropped 23 per cent ...

Murex, one of the most important financial software producers in Europe, will soon open offices in Cyprus, according to tech industry sources. The company is planning a move to Nicosia. ...

The European Commission has reached an agreement with BioNTech-Pfizer for the supply of four million more doses of COVID-19 vaccines for Member States in the next two weeks in order ...

Germany hopes that improved relations with the United States under US President Joe Biden will open the door for possible joint sanctions against China and Russia over human rights and ...

On Tuesday, EU Brexit chief Maros Sefcovic announced plans to take legal action against the UK over Northern Ireland measures, the Financial Times reported on Wednesday. The action is expected ...

“I just can’t wait to be back on the beach!” The words of Jo Pink, 48, who has already received both doses of her Covid-19 vaccination. Hopeful that the UK ...

For the first time, Cyprus employers must rebrand themselves to attract top talent, notes Katerina Andreou, founder of hrinnovate.org. As the chart shows, there is a fraught global shortage ...

China has launched a digital Covid-19 vaccination certificate for its citizens planning cross-border travels, joining other countries issuing similar documents as they seek ways to reopen their economies. As vaccines ...

The European Union wants to produce a fifth of the global output of cutting-edge semiconductors at the end of this decade and make its first quantum computer in five years, ...

Israel’s El Al airlines launched a pilot programme at its Tel Aviv airport check-in counters on Monday to test unvaccinated passengers for Covid-19 before allowing them to board a ...

Lex Greensill’s mission to “make finance fairer” has taken him from the sugar cane fields of Bundaberg in Australia to the gold embossed halls of Buckingham Palace. On Monday, ...

“Businesses in Cyprus support each other. It’s a real community,” comments Despina Panayiotou Theodosiou, CEO at Tototheo Maritime & President at WISTA International in an interview with the Cyprus ...

Borsa İstanbul General Manager Mehmet Hakan Atilla announced his official resignation on Monday. He had previously stated that he was taking a six-month leave from his post. Former Halkbank Deputy ...

The dollar held near a one-month high against the British pound, which traded at $1.3819, and a three-month high against the euro, which stood at $1.1904. The dollar hovered near three-month highs ...

Brent crude futures surged above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years, ...

S&P Global, late on Friday, affirmed its rating for Cyprus at ‘BBB-/A-3’ for long- and short-term foreign and local currency sovereign credit ratings for Cyprus. The outlook ...

Britain’s top EU adviser David Frost on Sunday defended Britain’s unilateral move to smooth post-Brexit trade between Britain and Northern Ireland, over which the EU has promised to ...

The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and South Asia. Dubai-based ...

The German government has agreed to pay four nuclear operators nearly €2.6 billion ($3.1 billion) in compensation for forcing them to shut their nuclear plants early in response to the Fukushima disaster, ...

By deciding to leave production unchanged for another month at its meeting on Thursday, OPEC+ risks causing the oil market to overheat. The expanded group of oil exporters defied expectations ...