Business

“Cyprus has gone from zero to over 330 licensed investment entities managing €9 billion in assets in just a decade,” according to Maria Panayiotou, president of the Cyprus Investment Fund Association (CIFA). ...

More European Central Bank interest rate cuts are coming and the deposit rate could hit the so-called neutral level in the first half of next year, Finnish central bank chief ...

The Bank of Cyprus (BoC) on Tuesday reported a profit after tax of €401 million for the first nine months of 2024, representing a 15 per cent increase year-on-year. According to the bank’...

British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially boosting the Bank of England’s confidence ...

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts ...

Leveraged ETFs offer investors a way to amplify returns without directly borrowing funds. These financial instruments use derivatives to multiply the performance of an underlying index. Understanding how leveraged ETFs ...

Mortgage interest rates for new housing loans in Cyprus remained high during September 2024, despite the declining trend in rates set by the European Central Bank (ECB). According to a report ...

The downward trend of non-performing loans (NPLs) in Cyprus continued in August 2024, with an additional €15 million decrease. According to a report released on Tuesday from the Central Bank of Cyprus (...

Cyprus is gaining momentum as a filming destination, supported by strategic efforts from Invest Cyprus to draw high-profile productions to the island. According to the investment promotion agency, the are 13 ...

The Bank of Cyprus (BoC) on Tuesday reported a profit after tax of €401 million for the first nine months of 2024, representing a 15 per cent increase year-on-year. According to the bank’...

In today’s fast-paced financial landscape, leveraging financial analytics and data management tools is essential for businesses aiming to gain a competitive edge. These technologies enable organizations to process vast ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday released a public invitation to professional trainers who want to participate in EULEP’s Train-the-Trainers (TtT) sessions. EULEP refers to ...

Rapid population growth in Toronto is driving the biggest construction boom in Canadian history. It is also driving a trend towards smaller homes, and specifically high rise apartments. It is ...

British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour government approved big public-sector pay rises funded ...

Hellenic Bank and bankers’ union Etyk have signed a new collective agreement, according to an official announcement released on Monday. “This agreement brings to an end a prolonged period of ...

Within weeks of Donald Trump’s 2016 election, US Federal Reserve policymakers began mulling the impact of expected tax cuts and tariffs on the economy, penciling in rough estimates of what ...

QatarEnergy will buy a 23 per cent stake from Chevron (CVX.N) in an offshore exploration block in Egyptian waters, it said on Monday. QatarEnergy has in recent years acquired stakes ...

Bitcoin soared to a record high above $82,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and ...

Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s ...

Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings, as it tries to smooth the final stretch of an order’s journey ...

Cyprus on Monday showcased its prospects as an investment destination at the 8th annual investment conference organised by the UK-Cyprus Enterprise Council in London. The conference also examined the opportunities ...

While Dogecoin seems ready for a near-term surge, Ripple confronts difficulties with its continuous SEC litigation as the bitcoin market develops. But other investors have switched their attention to a ...

Cyprus’ trade deficit narrowed to €5.6 billion for the first nine months of 2024, down from €6.78 billion in the same period of 2023, according to a report from the Cyprus Statistical Service (Cystat). ...

The total number of government employees in Cyprus reached 54,884 in October 2024, according to a statistical service report released on Monday. This figure marks a significant year-on-year increase, largely due to ...