Cyprus Business News

Global airlines urged the G7 rich nations on Wednesday to replace blanket Covid-19 travel curbs with more flexible restrictions informed by data, artificial intelligence and risk analysis. Willie Walsh, head ...

As checkpoints are expected to reopen on Friday, business in the south is happy, but cautious. “It’s a good thing, but we will see what happens,” said the owner ...

Epic Games, famous for being the creators of global phenomenon Fortnite, have been giving away video games at absolutely no cost for the consumer, but why? In short, there are ...

European Union government and parliament negotiators reached a deal on Tuesday on rules that will force large multinational companies to disclose how much revenue and tax they pay in the 27...

The World Health Organization (WHO) recommends the Chinese Sinovac vaccine for use in people 18 years and older, in a two-dose schedule with a spacing of two to four weeks. The ...

The Turkish lira hit record lows against the euro and the dollar as Turkish President Recep Tayyip Erdogan told the press on Tuesday that interest rates must be cut. The ...

European air travellers are advised to allocate extra time at the airport due to the implementation of Covid-19 checks at airports, the Airports Council International Europe (ACI EUROPE) has said. ...

Nestle said on Monday it was working on updating its nutrition and health strategy after the Financial Times reported an internal document at the food giant described a large portion ...

US, Russia and China are all seeking partnerships to build a robotic base on the moon. “We have sent out invitations for cooperation in the international scientific lunar station to ...

Andrew Rosenbaum is the Business Editor of the Cyprus Mail and Editor of Cyprus 4.0. The literature on human motivation is rife with platitudinous academic works – research invariably rhyming with solipsism – ...

“In 2019, we participated in the science-based targets, which is an initiative of the Paris Climate Agreement. And we have committed to reducing absolute scope Scope 1 and scope 2 emissions by 21 per ...

John Krasinski’s post-apocalyptic thriller “A Quiet Place Part II” collected a roaring $48 million between Friday and Sunday, exceeding expectations and posting the biggest three-day haul of the pandemic era. ...

A new Israeli study has revealed a major cause of degenerative diseases including Parkinson’s, Ben Gurion University (BGU) said Sunday. During the aging process, proteins in the body lose ...

Kelly Christodoulou, a resident of Larnaca, is Senior ESG and Stewardship Consultant, Investments at AustralianSuper, one of that country’s largest pension funds with $200 billion (EUR 125 billion) in assets under ...

Covid-19 has had a remarkably small effect on alternative investment, and almost none on luxury goods. These goods have a record of continually appreciating, and that didn’t change during ...

Chinese-owned short video-sharing app TikTok has been given a month to respond to multiple complaints from EU consumer groups that it allegedly violated the bloc’s consumer laws and also ...

“Bank of Cyprus has already covered considerable distance in our ESG journey. We have an ‘A’ rating from MSCI, which is the global benchmark on ESG. The company has also ...

“Most clients would consider ESG investments only if such investments are expected to enhance returns. There are organisations, of course, that are willing to take on ESG investments even if ...

Gender has been found to not be a significant factor on how wages are determined amongst the educated in Cyprus, a study has revealed. The Structure of Earnings Survey is ...

Larnaca is seventh on a ranking of the ten most-booked travel destinations by UK nationals this year, according to research released on Friday. The Valencia, Spain-based analytics firm Forward Keys ...

Tunisian politicians and officials warn of an economic collapse if the government cannot agree a new International Monetary Fund (IMF) loan this summer, but political paralysis could scotch that effort. ...

Cyprus Small- to Medium-sized businesses must undergo a transformation in order to survive – they need to jettison past ways of doing business and adopt those that are right for today. ...

Israel’s Global Knafaim said on Thursday it bought a 49.9 per cent stake in the small Cypriot airline Tus Airways with a $5 million investment. Global Knafaim is a unit of ...

Too many measures have only a short-term effect and major goals are neglected. By Dr. Charles Ellinas Cyprus’ government has put forward an ambitious ‘Recovery and Resilience Plan’ (RRP), with ...