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.
Solana (SOL) was one of the biggest success stories of the last bull cycle, exploding from under $2 to nearly $260 at its peak. Now, as the next wave of the market ...
Cardano (ADA) has been a reliable name in decentralized finance for years, but its long effort to break past $1 continues. Despite its robust ecosystem, ADA’s growth has slowed, leading ...
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday presented a new governance model for the bank to the House finance committee.
According to an announcement by the CBC, ...
Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law”, lawyers for over 1.6 million claimants told London’s High ...
Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize on Monday for their work on how innovation and the forces of “creative destruction” can drive economic growth ...
The Bank of Cyprus Holdings Plc on Monday announced that its board of directors will meet on Tuesday, November 11, 2025, to review the financial results of the Bank of Cyprus Group ...
Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings for the sale of its 80 per cent stake in Eurolife FFH’s life insurance operations for €813 ...
The European workplace is set for a major change next summer as new EU rules on pay transparency come into force, requiring companies to reveal salary details in job adverts ...
23-year-old George Chrysostomides, founder of Shrine Solutions Ltd (shrine.io), has announced that he will donate the entire €100,000 awarded to him by Sir Stelios Haji-Ioannou to support young entrepreneurs and ...
Cypriot telecoms provider Cyta retained its lead in the mobile telephony market during the first half of 2025, according to figures from the Office of the Commissioner for Electronic Communications and ...
Low-cost carrier Wizz Air on Monday announced that it has partnered with Telethon Cyprus as the official airline for the charity trip “On the Wings of Hope”, which will take ...
Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing costs, rising construction prices and new environmental realities begin to reshape investment decisions.
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Allwyn International AG and OPAP S.A. on Monday announced that their boards of directors have approved a merger through an all-share transaction valued at €16 billion, creating the world’s ...
The Bank of Cyprus on Monday announced the launch of the IBU India Hub, a new strategic initiative designed to enhance its service offering and specialisation for businesses and individuals ...
Global air passenger demand grew by 4.6 per cent in August 2025 compared with the same month last year, according to figures released by the International Air Transport Association (IATA).
At the ...
The European Banking Authority (EBA) has published a report taking stock of actions by all competent authorities to address its findings and recommendations.
This follows in-depth reviews carried out by ...
Most European small and mid-sized enterprises are prioritizing artificial intelligence systems over basic digital tools across their businesses, losing ground to bigger firms investing in core digital systems, a study ...
2025 expected to mark a breakthrough year for 5G Standalone (SA) network deployments and RedCap device adoption, paving the way for widespread Internet of Things (IoT) innovation across multiple industries, according ...
Enterprise software sales through hyperscaler cloud marketplaces led by Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are forecast to surge from $30 billion in 2024 to $163 billion by 2030, according to ...
Nearly three in five Brits, or 57 per cent, would consider going on a multi-generation cruise holiday, according to a new survey by Marella Cruises.
The survey also revealed that 32 per ...
Veteran trader Peter Brandt has labeled Ripple’s XRP token a top short candidate, sparking debates on which crypto to buy now amid shifting crypto prices. Brandt spots a descending ...
Tesla’s (TSLA.O) lower-priced versions of its staple Model Y SUV and Model 3 sedan face an uphill battle in the region where Elon Musk’s company arguably needs help ...
Here are the top business stories in Cyprus from the week starting October 6:
One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, ...
The global wearable band market reached a record 50.2 million devices shipped in the second quarter of 2025, representing a 13 per cent increase compared with the same period last year, according to ...