Business

Here are the top business stories in Cyprus from the week starting July 21: Sek general secreatary Andreas Matsas on Monday issued a strong defence of the Cost of Living Allowance (...

Some of the world’s top tech firms, including US search giant Alphabet, South Korean chipmaker SK Hynix and Indian IT services provider Infosys, have provided upbeat guidance in their ...

OpenAI and Oracle (ORCL.N) will develop another 4.5 gigawatts of data center capacity, expanding a tie-up that has promised hundreds of billions of dollars in infrastructure investment to keep the ...

British consumer sentiment had a marked fall for the first time in nearly three years last month, reflecting increased worries about job security, a Deloitte survey showed this week. Deloitte ...

German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity ...

The crypto market is experiencing turbulence as Ripple (XRP) is dropping 6% to $3.23, following the SEC’s abrupt delay of Bitwise’s crypto ETF conversion. This setback is shaking investor confidence, ...

As Ethereum (ETH) slides under the $3,700 mark and Solana (SOL) experiences a downward shift, investors and whales are actively repositioning their portfolios. Their sights are now set on high-yield decentralized ...

Binance Coin’s (BNB) impressive 12% rebound this week has reignited excitement across the crypto markets. While BNB’s recovery reflects the strength of established platforms, investors are now looking beyond ...

Cyprus has secured a key role in pioneering brain research through the participation of the Cyprus Institute of Neurology and Genetics (CING) in the European project META-BRAIN, formally announced on ...

The Cyprus Stock Exchange (CSE) announced the results of its semi-annual review (January–June 2025) regarding compliance with minimum market value requirements for companies listed on the Regulated Market. The review ...

General Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...

Asking prices for newly advertised British houses and apartments recorded their biggest July fall in more than 20 years this month, property site Rightmove said this week. Prices for property put ...

Alphabet’s Google and OpenAI said their artificial-intelligence models won gold medals at a global mathematics competition, signaling a breakthrough in math capabilities in the race to build systems that ...

Mutuum Finance (MUTM) is surging through its presale, with phase 5 nearly sold out at $0.03. Investors are flocking to this DeFi crypto, drawn by its robust lending model and a projected $1 ...

Mutuum Finance (MUTM) is surging ahead in the crypto market, outpacing rival altcoins with unprecedented investor enthusiasm. The project has raised $13,400,000 since its presale began. It has further sold over 630 ...

Mutuum Finance (MUTM) is captivating the crypto market with its presale phase 5 selling out rapidly. Priced at $0.03, the project is gaining traction for its innovative DeFi lending model. Having raised $13,400,000 ...

Louis plc, a leading group active in cruises, hospitality, and travel services, on Friday announced the date for its 26th annual general meeting. The meeting will take place on September 11, 2025, ...

Real income per capita declined in both the euro area and the European Union during the first quarter of 2025, according to figures released on Friday by Eurostat. In the euro ...

Cyprus’ industrial sector relied primarily on oil and petroleum products and electricity in 2023, which together accounted for over half of its total energy use, according to Eurostat figures released on ...

The Deputy Ministry of Shipping released the official promotional video for the Maritime Cyprus 2025 Conference, which will bring together the global shipping community in Limassol from October 6 to 8 under the ...

Vassiliko Cement Works has reported strong financial results for the first half of 2025, with revenue reaching €78.8 million, marking a significant increase from €69.1 million during the same period last year. According ...

The Cyprus Stock Exchange (CSE) on Friday issued a market announcement highlighting the results of its semi-annual review regarding compliance with minimum market value requirements on the Regulated Market. According ...

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...

Eurobank has retained its position as the top asset manager in Greece, according to Maria Koletta, head of sales and assistant general manager at Eurobank Asset Management Mutual Fund Management ...