Business

Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, according to official data that underlined the fiscal pressure faced ...

Members of the House ethics committee on Wednesday called on the competition commission to be harsher on companies and more vigilant in its efforts to ensure healthy competition in Cyprus’ ...

The government is on the right track to be able to solve problems faced by Cyprus’ estimated 9,497 “trapped buyers”, interior ministry permanent secretary Elikkos Elia said on Wednesday. Speaking after ...

Shipping Deputy Minister Marina Hadjimanolis, and Gender Equality Commissioner Josie Christodoulou hosted a press conference on Wednesday at the Presidential Palace to launch the ‘Women in Shipping’ campaign. This initiative, ...

In the rapidly evolving landscape of cryptocurrency, a few investors have a knack for investing in projects that are bound to explode in the future. One such investor who had ...

The president of the Pancyprian Association of Cinema Owners Marios Herodotou has issued a final appeal to the authorities to exclude cinemas from the venues where a price cap on ...

Greece successfully raised €600 million in a 26-week treasury bill auction conducted on Wednesday, according to an announcement by the Public Debt Management Agency (PDMA). The auction yielded a return of 2.45 ...

Jinko Solar, a global leader in solar technology, has set a new benchmark in solar efficiency with its latest innovation, the Tiger Neo III module. Designed with advanced tunnel oxide ...

The electronic money institutions (EMIs) sector is experiencing rapid growth, driven by the increasing demand for digital transactions, according to Moneygate founder and CEO Nicolas Treppides. “As we step into 2025, ...

Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday. Alongside the bond issue, ...

The Bank of Cyprus has made significant progress in implementing measures designed to alleviate financial pressures on its customers, particularly through reduced charges and lower interest rates. According to the ...

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the ...

Cyprus-based venture capital company 33EAST, supported by the European Investment Fund, has raised €26 million to launch its first venture capital fund, aiming to boost the island’s start-up ecosystem and ...

EU finance ministers approved Romania’s deficit-cutting plan to bring its fiscal deficit below 3 per cent of national output by 2030, a move Bucharest hopes will help reassure investors about its ...

British airline easyJet (EZJ.L) reported a smaller first-quarter operating loss on Wednesday on easing fuel costs and strong passenger demand for travel and its holiday packages. It posted a ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday. Joshua ...

Economists are split on whether Singapore’s central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies US President Donald Trump ...

The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services ...

Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the US president’s first set of policies following his inauguration made ...

In the early days of 2025, the world of cryptocurrencies remains rather active. DOGE is also can be pointed out as the meme cryptocurrency; however, having experienced a considerable decline, it ...

Short selling might sound like an insider’s game, but it’s essentially a bet. Investors borrow shares, sell them, and hope to buy them back at a lower price. ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps. She pointed out that ...