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.
As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new ...
The IT distribution channel saw sales increase by 6 per cent year over year to reach 24.3 billion dollars in the fourth quarter of December 31, 2025, representing the strongest quarter on record for ...
Reddit forecast first-quarter revenue above analysts’ estimates on Thursday, as artificial intelligence-powered enhancements to its ad platform help the social media platform draw more marketers.
Shares of the company rose 4% ...
Meme coins like Dogecoin (DOGE) thrive on attention cycles, but history shows that lasting wealth in crypto is usually built on utility, not jokes. As the market matures in 2026, capital ...
The Digital Cooperation Organisation concluded its fifth General Assembly in Kuwait this week, with member states adopting the Kuwait Declaration on Responsible AI for Global Digital Prosperity and agreeing on ...
Bees navigate their surroundings with astonishing precision. Their brains are now inspiring the design of tiny, low-power chips that could one day guide miniature robots and sensors.
By Tom Cassauwers
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Here are the top business stories in Cyprus from the week starting February 2:
There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as ...
Hims & Hers sent a shockwave through the pharmaceutical industry on Thursday with its announcement of a weight-loss pill with a $49-a-month introductory price. Its shares ended down anyway.
That ...
Roblox forecast fiscal 2026 bookings above Wall Street expectations on Thursday, signaling another year of strong growth in player spending and engagement as the videogame platform aggressively looks to capture 10% of ...
British house prices rose by the most in more than a year in January, mortgage lender Halifax said on Friday, adding to signs of a recovery in the housing market ...
Amazon on Thursday projected a surge of more than 50 per cent in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, and sending ...
As the crypto market positions itself for the next major expansion, investors are looking beyond single narratives and toward assets with diverse growth drivers. Shiba Inu (SHIB) and Solana (SOL) ...
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 ...
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 ...
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 ...
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 ...