Cyprus Business News

Rising demand for oil is expected to drive increases in tanker traffic in the coming year, analysts said. Oil demand in the third quarter is estimated at 94 million barrels per ...

As a little girl who spoke no English when she moved to the United States from Taiwan, Annie Young-Scrivner learned early on about challenging times. But the new CEO of ...

While last year’s strong rebound in many commodity prices might be viewed as a “V-shaped vaccine recovery”, the bank Goldman Sachs contends it is just “the beginning of a ...

Flights completed in 2020 Ryanair 207,300 Turkish Airlines 145,700 Aeroflot Russian Airlines 135,900 Lufthansa 124,300 Air France 118,300 Ryanair was the largest airline in Europe in terms of the number of flights in 2020. According to a ...

Inovio Pharmaceuticals Inc expects to start a late-stage US study of its experimental Covid-19 vaccine candidate in the second quarter of 2021, the drug developer’s chief executive officer said on ...

Turkish inflation edged higher than expected to 14.6 per cent year-on-year in December as food costs jumped, official data showed on Monday, keeping pressure on the central bank for tight monetary ...

A breakthrough has been reached in Qatar’s three-year-old dispute with Saudi Arabia and three other Arab countries and an agreement aimed at ending their rift is to be signed ...

Petrolina Holdings on Monday released a regulatory announcement stating its acquisition of the oil trading firm Silk oil. Petrolina will pay a redemption consideration at a maximum amount of €9 million, ...

An interview with Astrobank chair of the board Shadi Karam In less than five years, since AstroBank took over Piraeus Bank Cyprus in 2016, the bank has elevated its role as ...

You can make a large single property easier to monetise by managing it through a fund, says Nicosia-based Resolute Asset Management – they didn’t invent the concept, but they’ve ...

Wizz Air’s new joint venture in Abu Dhabi will shortly begin direct flights to Larnaca The new Abu Dhabi-based venture will begin flights to Athens on January 15. Flights to ...

There is a whole new approach to management emerging from the struggles of the pandemic crisis. While soft skills have been all the rage for some years, never has top ...

The Tel Aviv-based medtech firm Novel Concepts Medical claims to have found a treatment that “cures” Covid-19, the firm told City A.M. on Friday The “cure” was proven in ...

It is rare for most investment pundits to agree about anything, but, at this point in time, there is a remarkable consensus: ‘Things are looking up.’ It is hard to ...

Wall Street advanced on Thursday and the dollar gained ground as investors closed the book on a turbulent year of pandemic, recession and recovery. The pan-European Stoxx 600 Index clawed back ...