Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Global air cargo demand rose 8.5 per cent in June compared with a year earlier, supported by shipments of high-value technology products and urgent goods, even as wider export orders remained ...
Ad-supported connected TV (CTV) video services could generate an average of $0.21 per hour of viewing if every available advertising slot were sold, according to a new report from Omdia, establishing ...
The Great Sea Interconnector (GSI) has entered a new phase. The recent decision by French infrastructure investor Meridiam to become the project’s 66 per cent majority shareholder has renewed confidence ...
The Greek economy continued to demonstrate resilience in recent months despite the ongoing crisis in the Middle East, with stronger retail sales, easing inflation and solid business lending helping to ...
The world’s six largest PC manufacturers are expected to account for a record 80.4 per cent of global notebook panel purchases in 2026, as component shortages and rising production costs increasingly ...
Here are the top business stories in Cyprus from the week starting August 3:
Organising a holiday is one of the few ways I can turn five days of rest into ...
Global smartphone shipments fell by 6 per cent year-on-year to 272 million units in the second quarter of 2026, as persistently high memory prices disrupted supply chains, raised component costs and forced manufacturers ...
Global AI-related demand may exert lasting upward pressure on Japan’s inflation, the Bank of Japan has said, signalling its alarm over mounting inflation risks that could boost the case ...
AI skills demand hits record high despite broader UK hiring slump
British hiring fell in the first six months of 2026 with job postings for graduates at their lowest since 2020, according ...
Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues an IPO at a lower valuation, according to filings with the Hong Kong ...
Cyprus appears to generate more Tinder revenue per resident than Greece or Portugal, while its use of generative AI is also unusually high. Now a new class of matchmakers is ...
By Nektarios Michail
Let’s start with a history reminder: following a “peak” at 0.75 per cent in mid-2011, the ECB continued to cut its policy rates until the deposit facility ...
Cyprus must adopt a balanced and long-term energy strategy combining conventional power generation, renewable energy, storage, electricity interconnection and demand management, energy systems expert and former Cyprus Energy Regulatory Authority (...
A version of Chinese startup DeepSeek’s flagship AI model is by far the least expensive to run on benchmark tests among well-known models globally and more than 100 times cheaper ...
Global investors pulled back from South Korean stocks through a wild turn in July but are keeping faith with the heavyweight chipmakers on the view that their growth momentum is ...
British manufacturing activity expanded for a ninth straight month in July but at the slowest pace in four months, according to purchasing managers’ data that points to a renewed impact ...
Most Credit Card users focus on the payment due date to avoid late fees and interest charges. However, the bill generation date, often called the billing date or statement date, ...
The Cyprus Securities and Exchange Commission (CySEC) has announced that it will take part in a European-wide supervisory exercise examining the digital resilience of crypto asset service providers that offer ...
The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it has imposed administrative fines on 12 listed companies for breaching transparency rules relating to the publication of their annual ...
Used vehicles drove a strong increase in Cyprus’ motor market during the first seven months of 2026, while registrations of new vehicles continued to decline, according to figures released by the ...
Both the European Commission and former energy minister George Papanastasiou found themselves at odds with incumbent Energy Minister Michael Damianos on Friday over Damianos’ claim that the planned Great Sea ...
Cyprus allocated approximately €112 million to research and development (R&D) in 2025, almost doubling government funding over the past decade despite a decline from the previous year, according to figures ...
European Union exports of alcoholic beer to non-EU countries fell by 11 per cent in 2025, according to a report released by Eurostat on Friday.
The release of the statistical figures coincided ...
The Cyprus Chamber of Commerce and Industry (Keve) will host a business forum and business-to-business meetings with a Palestinian business delegation in Nicosia on September 10, 2026, aiming to strengthen commercial ties ...