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.
Apple (AAPL.O) took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such ...
A steep drop in crude oil prices largely due to US President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic ...
Nvidia has said that it is planning to build AI servers worth as much as $500 billion in the US over the next four years with help from partners such as ...
Ethereum (ETH) and Polygon (POL) have long been key players in the crypto ecosystem, with Ethereum holding a steady position near $2,000 and Polygon’s price at around $0.20. As Ethereum continues ...
Major crypto investors are actively accumulating Ripple (XRP) and Mutuum Finance (MUTM), signaling strong confidence in their potential for returns. XRP has recently experienced substantial whale activity, with over $2.1 billion ...
XRP’s price trajectory has recently shown signs of vulnerability, with analysts warning of a potential drop toward the $1 mark due to bearish chart patterns and market conditions. One expert ...
Banks in Cyprus should not treat ordinary people with the same level of strictness as they do large organisations and investors, governor the Central Bank (CBC) Christodoulos Patsalides said on ...
A “leading role” in the transition to clean energy is played by the Federation of Employers and Industrialists (OEV), it said on Saturday.
“With consistency and responsibility, OEV is working ...
The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed.
According ...
Meta Platforms (META.O) said this week it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, ...
South Korea announced this week an increase in its support package for the country’s vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won ...
Asking prices for housing on sale in Britain this month are 1.3 per cent higher than a year earlier, despite the end of a tax break, pushing the average price above ...
Bitcoin is making headlines again, this time with bold projections pointing to a surge toward $137,000 by the third quarter of 2025. As U.S. Treasury liquidity injections continue to fuel financial ...
The crypto market experienced powerful rallies when Cardano (ADA) pushed its value 23% higher to reach $0.66 after starting at $0.54 during the previous week. The surge matched previous November 2024 interest trends that ...
April has brought a cautious but visible sense of optimism back into the crypto markets. While major tokens like Solana (SOL) begin showing signs of recovery, another name is gaining ...
The Russian rouble strengthened past 81 to the US dollar, supported by rising oil prices, reaching its highest level since June 28, 2024.
At 0900 GMT the rouble was up 1.5 per cent 80.90 to the ...
Alphabet’s (GOOGL.O) Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for ...
Cyprus’ planned accession to the Schengen zone is expected to ease red tape for shipping companies and offer a welcome boost to the sector, according to the Cyprus Shipping Chamber (...
Limassol municipality and Frederick University’s Department of Maritime Transport and Commerce will host the fifth Blue Limassol Forum on Thursday, May 15 at the Cruise Terminal (POD 5 – Departures) of the ...
The ratio of non-performing loans (NPLs) in the Cypriot banking sector edged up slightly to 6.3 per cent at the end of January 2025, from 6.2 per cent in December 2024, according to updated ...
Cyprus has long held an irresistible allure for those in search of a life less ordinary.
With more than 300 days of sunshine a year, turquoise beaches, and a Mediterranean pace ...
The Ministry of Energy, Commerce and Industry has announced a new call for proposals under the Digital Upgrade of Businesses Scheme, part of the EU co-funded Thaleia 2021–2027 programme.
According to ...
The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed.
According ...
The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to ...