Business

Greek retail chain Jumbo Group on Tuesday reported a significant increase in store sales across Cyprus and Greece for February 2025. Specifically, the company announced that it achieved a 27 per cent ...

The 8th Cyprus International Tax Conference kicked off on Tuesday morning with discussions centred on the country’s tax system reform, the digitalisation of tax administration, and the need to ...

The Association of Large Investment Projects on Tuesday released a statement commenting on the scarcity of affordable housing, delving into the ramifications this issue poses. The association explained that that ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the first roundtable discussion under the framework of the CareDivide Project. The project focuses on integrating work-life balance solutions ...

The Bank of Cyprus on Tuesday announced that it has been ranked among the world’s best foreign exchange banks for 2025 by Global Finance magazine’s Gordon Platt Foreign Exchange ...

Nearly 60 per cent of homes in the mortgage-to-rent scheme lack the necessary certificate of final approval, prompting urgent discussions by the House finance committee. The committee discussed on Monday whether ...

J.P.Morgan joined Wall-Street peer Goldman Sachs to forecast a boost to the euro area’s economic growth for 2025 on the back of Germany’s fiscal loosening reforms. Similar ...

A key economic adviser to President Donald Trump on Monday pushed back on talk of recession stemming from uncertainty around his administration’s tariff policies, even as a survey of ...

Hong Kong investor Balram Chainrai has increased his stake in Agros Development Company ‘Proodos’ Public Ltd to 87.85 per cent, the owner of Rodon Hotel, following the successful completion of his ...

The European Union has taken a significant step towards ensuring affordable, efficient, and clean energy for its citizens through its newly announced Action Plan for Affordable Energy. The plan, revealed ...

Britain’s jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that ...

German industrial output rose in January but exports plunged, showing the challenges facing the incoming government in reviving the euro zone’s largest economy in a time of geopolitical uncertainty. ...

Following a flash crash earlier this week, Cardano (ADA) is regaining momentum, with analysts predicting a rally to $4 from its current price of $0.68. But while Cardano’s climb looks promising, ...

Investors are searching for assets with robust development potential ahead of the next market slump because the market is still unpredictable. While Cardano (ADA) is exhibiting signs of revival with ...

Startups, investors, and technology experts will gather once again in Limassol on 15-16 May. Cyprus’ flagship technology and entrepreneurial event, Reflect Festival, is set for another two-day edition packed with ...

In the fast-moving world of business and freelancing, time is the invisible currency that dictates success—business owners need it to streamline operations and boost profits, while freelancers rely on ...

Greece reaffirmed on Monday its commitment to building a subsea electric cable planned to link continental Europe to the East Mediterranean, following reports that the project was halted over financial ...

Cyprus may face power blackouts unless measures are taken to balance electricity production and consumption, Energy Minister George Papanastasiou warned on Monday. He said the government, alongside the Cyprus transmission ...

Retail investors have long favored Dogecoin (DOGE), which is well-known for its active community and socially motivated rallies. Instead of depending solely on speculation, many DOGE holders are beginning to ...

Vehicle registrations in Cyprus saw a significant decrease in February 2025, with total registrations dropping 13.6 per cent to 3,757, down from 4,346 in February 2024, according to Monday’s report from the statistical service. ...

The Cyprus Housing Finance Corporation (HFC) is set to proceed with the sale of non-performing loans (NPLs) worth €57 million from its total portfolio of €270 million, according to statements made before ...

Cyprus’ general government surplus for January 2025 stood at €566.9 million, equivalent to 1.6 per cent of GDP, according to preliminary data released on Monday by the state statistical service. This represents an ...

The presidency on Monday announced that the government’s target for full employment was achieved within the first two years of its term, something it described as an important milestone. ...

Social media platform X is down for thousands of users in the US and the UK, according to outage tracking website Downdetector.com. There were more than 16,000 incidents of people ...