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.
The relationship between wage levels in the broader public sector and economic growth is of particular interest. Academic literature confirms the view that comparatively low wages increase the risk of ...
Berlin-based credit rating agency Scope on Saturday announced that it had upgraded Cyprus’ long-term credit rating from ‘A-’ to ‘A’.
In justifying its decision, it cited a “significant reduction” of ...
The United States and India moved closer to a trade pact on Friday, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both ...
Cyprus’ startup ecosystem continues to develop its own place within Europe’s innovation landscape, according to EU-Startups’ Olga Codina, who highlighted ten companies founded since 2021 as a reflection of the ...
Japan’s government has announced that it successfully retrieved rare-earth-rich seabed mud for the first time from depths of around 6 km (4 miles) during a test mission.
A Japanese scientific drill ...
German Chancellor Friedrich Merz’s Christian Democrat Union is considering limiting access to social media platforms for children under the age of 16, senior party members said, as a global movement ...
Anta Sports, China’s top sportswear company, has leaped onto the international stage with an acquisition-driven global portfolio, including last week’s $1.8 billion deal for a 29 per cent stake in ...
Columbia Plaza in Limassol served as the backdrop for the debate “Shipping through times of turbulence and innovation”, organised by Cyprus Shipping News (CSN).
According to its announcement, the event ...
Global markets retreated on Friday as a stock rout on Wall Street went global, with volatility gripping precious metals and cryptocurrencies while AI fears weighed on equities.
The MSCI All-Country ...
Opposition party Disy have presented a proposed law aimed at relieving thousands of guarantors who remain financially liable for loans without having received any benefit.
Speaking at a press conference ...
The recent crypto market volatility has left many investors searching for reliable recovery opportunities. While assets like Solana (SOL) and Dogecoin (DOGE) face significant downward pressure and uncertain fundamentals, a ...
TikTok was charged on Friday with breaching EU online content rules over what the bloc’s regulator said were its addictive features and was told to change the design of ...
Cyprus recorded an increase in motor vehicle registrations in January 2026, according to figures released on Friday by the statistical service (Cystat).
The data showed that the market started the year ...
Cyprus stepped into the European discussion on the digital euro on Friday, as policymakers, bankers and institutions gathered in Nicosia for the first event held on the island with the ...
Cyprus is preparing changes to its land acquisition framework after parties raised concerns over increased property purchases by third-country nationals, with the government aiming to close legal gaps while avoiding ...
Cyprus shipping deputy minister Marina Hadjimanolis joined ministers and international officials in a high-level debate on maritime decarbonisation, where the United States set out firm objections to the Net Zero ...
Cyprus and Israel reaffirmed close tourism cooperation during meetings held in Israel by Deputy Minister of Tourism Kostas Koumis with Tourism Minister Haim Katz, on the sidelines of the International ...
Cyprus’ startup ecosystem continues to develop its own place within Europe’s innovation landscape, according to EU-Startups’ Olga Codina, who highlighted ten companies founded since 2021 as a reflection of the ...
The 5th Digital Cooperation Organisation General Assembly opened on Wednesday in Kuwait, bringing together ministers, international organisations and technology leaders to shape global digital cooperation in the age of artificial ...
Commodities prices slid on Thursday, led by silver, part of a broad market sell-off as investors reversed an earlier rush for hard assets after global geopolitical tensions eased.
Silver tumbled ...
Activity in Britain’s services sector grew strongly in January and confidence rose, a survey showed on Wednesday, but firms also reported a jump in their prices, a potential concern ...
Britain will work with Microsoft, academics and experts to develop a system to spot deepfake material online, the government said on Thursday, as it moves to set standards for tackling ...
Shell missed fourth-quarter profit expectations on Thursday with an 11 per cent drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme.
Shareholders ...
Ripple (XRP) has long been viewed as a beginner-friendly asset thanks to its liquidity, brand recognition, and established role in cross-border payments. However, in 2026, analysts suggest that XRP’s large ...