Cyprus Business News

The Turkish central bank’s net international reserves fell to its lowest level since 2003 at $10.68 billion as of April 2, from $12.79 billion a week earlier, data showed on Thursday. The exchange ...

Foreign lenders including HSBC and Wells Fargo are cutting ties with Lebanon’s central bank, sources familiar with the matter told Reuters, underlining the country’s international isolation as it ...

Cyprus professionals have mixed feelings about the proposal from the US Treasury Secretary Janet Yellen to establish a global minimum corporate tax. “It’s impractical and makes no sense in ...

Invest Cyprus, a government agency tasked with promoting Cyprus as an attractive destination for doing business in a wide range of industries and market segments, has launched a new initiative ...

In its research, credit agency S&P notes several themes that weigh against the Cyprus economy – the other credit agencies also make the point that these issues are holding ...

The chief executive of British airline EasyJet said on Tuesday that the cost of COVID-19 tests sometimes exceeded easyJet’s ticket prices. “That means that you wouldn’t open up ...

Carnival Corp, the world’s largest cruise operator, is currently not taking a position on mandatory Covid-19 vaccinations for passengers before traveling, a company spokesman told Reuters on Tuesday. The ...

Valneva on Tuesday reported positive results for its Covid-19 vaccine in early stage clinical trials and said it planned to launch a Phase Three trial this month. The French drugmaker, ...

The US Supreme Court handed Alphabet Inc’s Google a major victory on Monday, ruling that its use of Oracle Corp’s software code to build the Android operating system ...

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand ...

Some 50 members of Congress on Monday urged US Trade Representative Katherine Tai to seek removal of 25 per cent tariffs on American Whiskey imposed by the European Union and Britain in ...

The British Travel Association has called Boris Johnson’s delay of any decision on allowing international travel “beyond disappointing.” The prime minister said he was “hopeful” that foreign travel could ...

Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of $10 billion last year, two people with direct ...

Turkey’s inflation jumped to 16.19 per cent in March, the Turkish Statistical Institute announced on Monday, rising for a sixth straight month after the sharp decline of the lira. The ...

In August, the price of an ounce of gold broke through the key resistance level of $2,000. Now it’s fallen back to about $1,700 per ounce. Does this mean that gold ...

Part II: Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister ...

Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as solid demand for less expensive models offset the impact of a global ...

A hacker is offering information on more than 500 million Facebook Inc users – including phone numbers and other data – virtually for free. News of the latest leak here was first reported ...

Ed Sheeran earned more than £7 million in royalties from “The Shape of You.” Wouldn’t you like to get a piece of that? Dolly Parton is still collecting royalties from ...

Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister addresses nearly ...

There have been global repercussions from the recent block of the Suez Canal for six days by a stranded container vessel. The Suez Canal Authority is claiming $1 billion in damages, ...

Europe, under fire for fumbling its vaccine roll-out and fighting a fresh wave of infections, is scrambling to speed up the pace of injections and avoid being left further behind ...

The EU’s former chief Brexit negotiator Michel Barnier has called for a ceasefire in the vaccines war between Brussels and the UK. In a speech in Zurich marking the ...

The Lebanese are queuing up to visit Cyprus, even though many can barely afford it. As of April 1, Cyprus will place Lebanon in the “Red” category of the international system ...