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.
Consumers will have to wait two more weeks to find out if the Electricity Authority of Cyprus (EAC) hikes its tariffs by 3 per cent, reports said on Tuesday.
The matter ...
Shiba Inu (SHIB), one of the most popular meme coins in the market, is showing signs of fatigue. Once propelled by aggressive token burns and community-driven hype, SHIB’s momentum ...
Sterling was lower against the dollar on Tuesday as market focus stayed on developments in the Middle East, while traders await a closely-watched UK inflation print due on Wednesday and ...
The Crete–Cyprus electricity interconnection is moving steadily forward, but only until August, according to reports that emerged on Tuesday.
Nexans, the French cable contractor, has confirmed it will continue ...
The Cyprus Stock Exchange on Tuesday announced the acceptance of new government treasury bills for trading.
Specifically, 25,000 treasury bills with a nominal value of €1,000 each have been introduced to the ...
Constantinou Bros Hotels, a hotel management company that owns and operates a group of luxury hotels in Cyprus, on Tuesday issued an interim profits forewarning for the first half of 2025.
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There has been “no wave of cancellations” of tourist bookings in Cyprus in recent days while the conflict Israel and Iran has escalated, Cyprus chamber of commerce and industry (Keve) ...
Cyprus experienced a surge in exports, combined with a rise in tourist arrivals, during the first four months of 2025, according to a report released on Tuesday by the state statistical ...
Tourist arrivals in Cyprus rose by 13.7 per cent in May 2025, reaching a total of 479,160, compared to 421,400 in the same month last year, according to the state statistical service.
For the ...
Eurobank, Fairfax Digital Services, Voicing.AI and Pixis on Tuesday announced the launch of Europe’s first enterprise-grade agentic AI voice platform for businesses, selecting Cyprus as the location for ...
The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme.
According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...
The Japanese shipping market is seeing a shift, with more owners recognising the role of technology in driving efficiency and sustainability, according to Limassol-based shipping company Columbia Shipmanagement (CSM).
Meanwhile, ...
“The United States of America is never going to default, that is never going to happen,” said US Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes ...
Cyprus and India have vowed to deepen economic ties, with president Nikos Christodoulides describing Indian Prime Minister Narendra Modi’s visit to the island as “historic,” marking a turning point ...
Asking prices for homes put up for sale in Britain have fallen by the most in 14 years for the time of year, according to data released this week that adds ...
British luxury carmaker Jaguar Land Rover lowered its fiscal 2026 earnings before interest and taxes margins forecast to 5 per cent-7 per cent on Monday from 10 per cent earlier, amid uncertainty in ...
Warner Bros Discovery (WBD.O) bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said Monday.
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A Dutch court on Monday confirmed a 2021 consumer watchdog ‘s ruling saying that Apple (AAPL.O) had abused its dominant position by imposing unfair conditions on providers of dating apps ...
Long-term triggers could propel Ripple (XRP) to a new all-time high. Mutuum Finance (MUTM), however, is stealing the spotlight as the best crypto to buy now.
Trading near $2.25, XRP eyes ...
Chainlink (LINK) has earned its place in crypto history as the go-to oracle network. By bridging on-chain and off-chain data, it brought smart contracts to life across DeFi protocols. But ...
The total value of bounced cheques issued in May 2025 rose to €62,164, according to data released on Monday by the Central Bank of Cyprus (CBC).
This marks an increase both from ...
Cardano’s ADA is surging, breaking past $0.695 resistance, signaling a potential climb to $0.90. Meanwhile, Mutuum Finance (MUTM) is capturing attention as a top crypto to buy now, with its presale ...
Employment in the broad public sector in Cyprus reached 77,034 in the first quarter of 2025, according to a report released on Monday by the Cyprus Statistical Service (Cystat).
Of this total, 72,072 ...
Freedom Holding Corp. on Monday reported a 23 per cent year-on-year increase in revenue for the fiscal year ending March 31, 2025, reaching $2.05 billion.
The financial results, announced by the Kazakhstan-headquartered firm, reflect ...