Business

Since time immemorial, gold has been seen not just as a source of value but also as a way to store value. Economies fluctuate, and currencies, as much as governments ...

Patience is over and sabotage of crucial energy projects for the average person had reached an intolerable stage, Kyriakos Tafounas head of the electricity authority unions (Epopai-Sek) said on Monday. ...

Patriot Pickle, a leading manufacturer of fresh pickles and fermented foods, has expanded its operations with the opening of a new state-of-the-art production facility in Garland, Texas. The expansion comes ...

The Bank of Cyprus announced on Monday the launch of a €30 million share buyback programme, a move previously signalled last week during the release of its preliminary 2024 financial results. In ...

Secretary general of the International Chamber of Shipping Thomas Kazakos on Monday met with Cyprus News Agency (CNA) director Dinos Finicarides, as well as the new director general of the ...

Despite ambitious price expectations, some crypto market targets remain unattainable, especially for Ripple (XRP) and Cardano (ADA). Growing regulatory scrutiny and severe competition in the blockchain field make it unlikely ...

Financial technology firm Capital.com on Monday announced the launch of a new paid internship programme for university students in Cyprus. The first group will include 30 students from the Cyprus ...

The Sklavenitis Group aims to secure second place in the Cypriot market, while upgrading and expanding storage and production facilities in Greece in 2025, according to reports that emerged on Monday. ...

For entrepreneurs, building a business is a journey filled with challenges, growth, and countless decisions. However, one of the most critical yet often overlooked aspects of entrepreneurship is the exit ...

Hellenic Bank reaffirmed its commitment to Cyprus’ hospitality industry with its participation at the 46th Cyprus Hotel Summit and Horeca Expo in Limassol, where sector challenges and opportunities were brought ...

European shares and the euro climbed on Monday as Germany’s election produced a mainstream outcome, while Wall Street futures firmed on hopes results from AI diva Nvidia this week ...

The cryptocurrency is showing signs of an approaching altcoin season. As of February 6, 2025, altcoins have increased in price more than Bitcoin. Driven by restored investor confidence and market liquidity, analysts ...

In order for a court to be able to judge and decide on a claim of a right to an immovable property the presence of all necessary parties is required. ...

The crypto market is gearing up for what could be a monumental year in 2025. With institutional adoption increasing, blockchain innovation accelerating, and market cycles pointing toward another explosive bull run, ...

The European Commission plans to cut back the number of companies facing EU sustainability reporting requirements, as part of its drive to cut red tape for businesses, a draft document ...

Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according to Constantinos Hadjistassou, Professor at the School of Sciences and Engineering, Department of ...

The European Central Bank could cut its deposit rate down to 2 per cent by this summer, said Bank of France head and ECB policymaker Francois Villeroy de Galhau in an ...

A total of 571 counterfeit euro banknotes were withdrawn from circulation in Cyprus in 2024, marking an 11 per cent decrease compared to the previous year, according to the Central Bank of Cyprus (...

Cyprus’ non-performing exposures (NPEs) increased by approximately €16 million in October 2024, reaching €1.61 billion, according to a report released by the Central Bank of Cyprus (CBC). This CBC reported that this figure ...

Policymakers around the world may not like the word ‘stagflation,’ but they’re going to hear a lot more it this year if the import tariffs US President Donald Trump ...

If a policy-driven turnaround in Europe’s biggest economy tempts the continent’s equity investors home, they may want to look to the bloc’s faster-growing and cheaper fringes. Global ...

US business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of ...

If you’re lucky enough to have rooftop solar, check your energy app one of these days and you might be surprised to see ‘data interrupted’ or some other error ...

Here are the top business stories in Cyprus from the week starting February 17: Kicking off the week, access to high-performance computing has long been a barrier for creative professionals, engineers, ...