Cyprus Business News

Britain will next month publish plans to allow fully vaccinated people to travel unrestricted to all countries except those with the highest Covid-19 risk, in a boost for a travel ...

The firm that will manage the privatisation of the Cyprus Stock Exchange (CSE) will be announced in two weeks, Board Chairman Marinos Christodoulides said on Wednesday. A consultive firm will ...

The Kataeb party is trying to unite the opposition around a coherent economic policy. By George Eid and Andrew Rosenbaum Lebanon is in desperate need of a viable economic policy. ...

Hellenic Bank announced on Wednesday at their Annual General Meeting for 2020 that the appointment of the new CEO Oliver Gatzke is awaiting the approval of both the European Central Bank ...

Gold prices rose on Wednesday after US Federal Reserve Chair Jerome Powell pledged to keep interest rates near zero for some time, although gains were capped by a slight uptick ...

Turkey is in talks to secure currency swap agreements with four countries and is close to a deal with two of them, Central Bank Governor Sahap Kavcioglu said at a ...

The UK government is to review the Traffic Light classification system for travel destination countries on Thursday, but reports say that little change is expected. The PC Agency, an old ...

The radio broadcasting industry in Cyprus has remained strong while in most of the EU it is declining. Cyprus has 37 broadcasters, the European Union’s statistical service (Eurostat) noted in ...

With all eyes on the US central bank this week, some investors are looking to a parade of Federal Reserve speakers to calm market volatility, saying the reaction to the ...

Bitcoin regained some ground on Tuesday, a day after touching a two-week low after China’s central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents. ...

On Sunday, the number of traffic flights in European airspace on a weekly basis again rose above 50 percent of the pre-corona level. With 19,826 flights, Friday was already the busiest day ...

Before Covid, there were 1 billion vulnerable and disadvantaged children in the world. Covid is thought to have increased this number by 20 per cent. Tony Hollingsworth, a veteran producer, is managing ...

The ECB’s elusive inflation goal, currently set “below but close to 2 per cent”, seems almost certain to get a facelift and be set at 2 per cent, with a tolerance ...

Global cashless payment volumes are predicted to increase by more than 80 per cent from 2020 to 2025, from about 1 trillion transactions to almost 1.9 trillion, and to almost triple by 2030, according to a ...

Data from clinical trials of three experimental Alzheimer’s disease drugs expected to start emerging next year could help shed light on whether U.S. regulators were justified in their ...

Britain’s airlines and holiday companies are planning a “day of action” on Wednesday to ramp up pressure on the government to ease travel restrictions, with just weeks to go ...

How many colours do you need to describe the human race? Google is trying to find out. Alphabet Inc’s (GOOGL.O) Google told Reuters this week it is developing ...

Why do people always say, ‘I hate to say I told you so,’ when in fact we know they love it. So we will not hesitate to remind you that, ...

Cyprus ranked in 33rd place in the 2021 Institute for Management Development World Competitiveness Ranking Cyprus dropped three places in the ranking from the previous year, according to the survey which ...

Copyright trolls can turn to EU rules to demand compensation for infringed works on peer-to-peer networks but only if their requests are proportionate, Europe’s top court said on Thursday. ...

Italian Prime Minister Mario Draghi on Thursday signed a decree to create “green pass,” a digital proof that the holder is not infected by the coronavirus. The system, which became ...

Running is viewed as an isolated form of exercise. Limassol-based Fun Run Cyprus is here to change that perception by cultivating a community of like-minded people who help support each ...

By Ioannis Tirkides Optimism is rising high in the global economy for the recovery in 2021-22, and growth forecasts are being revised higher. The European Commission now expects real GDP ...

Bank of Cyprus announced on Thursday that it has successfully completed the issuance and sale of a €300 million high-priority bond through its European Medium-Term Bond Loan Program (EMTN Program), the ...