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.
Shell (SHEL.L) has not bid for BP (BP.L) and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound ...
Almost one third of small and medium-sized British employers have made staff redundant or are thinking about job cuts as a direct result of the increase in their social security ...
Services firm Totalserve this week launched a new initiative aimed at helping early-stage companies from Cyprus and abroad by offering professional services and strategic guidance at significantly reduced cost.
The ...
This week’s ETF data confirmed a rising shift in sentiment: nearly $286 million in capital exited Bitcoin-focused instruments and re-entered Ethereum, reigniting the smart contract narrative. With Ethereum’s design ...
XRP’s recent rally to $2.17, fueled by a fresh wave of ETF optimism, has sent ripples through the altcoin market. Traders are once again chasing speculation-driven gains. But beyond the ...
Economic sentiment in Cyprus declined in June 2025, with the Economic Sentiment Indicator (ESI) falling by 0.8 points compared to May, according to the Economics Research Centre (CypERC) of the University of ...
The Cyprus Shipping Chamber (CSC) on Thursday welcomed the entry into force of the Hong Kong International Convention for the safe and environmentally sound recycling of ships, which takes effect ...
S&P Global Ratings has revised its outlook for Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from stable to positive.
At the same time, the credit ...
PwC Cyprus announced on Thursday that, for the third consecutive year, the PwC Foundation awarded 14 scholarships to high-performing university students.
In its announcement, the company said that it was “taking ...
The association of former shareholders of the Bank of Cyprus (BoC) has written to the House of Representatives urging that they be included in the 2025 budget of the national solidarity ...
Conditional approval has been given for the construction of two towers on Larnaca’s beachfront by an Israeli-owned business.
While little is known about the company, named Solvin Ltd, it ...
The Central Bank of Cyprus (CBC) on Thursday announced that it has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 per cent.
The CBC explained that, in accordance ...
Lordos Hotels (Holdings) Public Ltd announced on Thursday that it has approved a dividend of €0.04 per share, equivalent to 11.76 per cent of the nominal value of the share.
The decision ...
Living standards in Britain look set to barely grow over the rest of the decade and poorer households are likely to suffer a drop, in part due to a welfare ...
Petrolina (Holdings) Public Ltd on Thursday announced that it expects improved financial performance for the first half of the year compared to the same period in 2024.
The company stated that ...
Interest rates on both deposits and housing loans saw a general decline across Cypriot banks in April, according to detailed figures published this week by the Central Bank of Cyprus (...
The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts ...
Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...
Tesla’s (TSLA.O) new car sales in Europe fell 27.9 per cent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 per cent, with ...
Britain’s labour market is showing further slowdown signs, according to surveys published on Wednesday which pointed to below-inflation pay growth and a fall in job vacancies, especially for graduate-level ...
Pepe’s MVRV Z-score is flashing a rare signal, dipping into negative territory, hinting at whale capitulation. The meme coin dropped 3.3% in seven days, trailing the broader crypto market slump.
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A recent $320 million Solana (SOL) transfer to a new wallet has sent traders into alert mode. On-chain analysts are tracking the massive move, speculating whether it signals distribution, consolidation, or ...
Investors are eyeing the crypto market as Solana (SOL) nears a potential ETF approval, boosting its appeal, while Mutuum Finance (MUTM) gains traction in its presale phase. Bloomberg analysts predict ...
Avalanche (AVAX) is struggling to hold ground, trading just above a critical $18.50 support level after hitting a two-month low. Open Interest in AVAX derivatives has plummeted to a 30-day low ...