Business

Here are the top business stories in Cyprus from the week starting December 22: The government’s decision to raise the national minimum wage to €1,088 per month, has drawn strong and ...

The global semiconductor market delivered a record-breaking performance in the third quarter of 2025, according to market intelligence firm Omdia, with industry revenue reaching $216.3 billion to mark the first time the ...

Global spending on cloud infrastructure services reached a record $102.6 billion in the third quarter of 2025, according to new research from Omdia, as enterprises shifted their focus from early AI experimentation ...

Bitcoin has always been the anchor of the crypto market. When BTC moves, sentiment follows. As 2026 approaches, many investors are asking whether Bitcoin can still deliver strong returns or if ...

In recent days the government of President Nikos Christodoulides and MPs approved the government budgets and a tax reform. In doing so they have missed real opportunities to support policies ...

The European University Cyprus hosted a public lecture in Nicosia earlier this month, exploring how artificial intelligence can support teachers and learners as education systems adapt to rapid technological change. ...

The European Union remains a significant net importer of toys from the rest of the world, according to Eurostat figures for 2024, reflecting a reliance on international manufacturing to meet the ...

Enterprise Europe Network Cyprus has on small and medium-sized enterprises across Cyprus to take part in a new European Commission survey aimed at improving how the EU Single Market functions ...

Global shipments of automotive OLED panels are projected to increase by 11.8 per cent year-on-year in 2025, according to new analysis from Omdia, as the industry transitions toward a more value-driven and ...

Crypto markets rarely move in straight lines. After strong rallies or sharp corrections, capital often rotates rather than exits. This rotation usually favors assets that feel underexposed or structurally earlier ...

Nearly 10,500 hotel beds are available in Paphos district for the winter season, according to official figures from the Paphos hoteliers association, its president Evripides Loizides said, adding that while the ...

European enterprises increasingly reorganised their operations between 2021 and 2023 by relocating business activities to partners abroad, a trend primarily driven by a desire to reduce costs and sharpen focus on core ...

The Cyprus Securities and Exchange Commission (CySEC) has launched a public consultation to gather feedback on proposed amendments to the Financial Conglomerates Directive aimed at aligning national legislation with new ...

Seasonally adjusted production in the construction sector rose by 0.9 per cent in the euro area and 0.8 per cent in the EU during October 2025 compared with the previous month, according to ...

A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship ...

Crypto markets move in cycles, but attention moves even faster. Tokens that once dominated headlines often slow when their growth story becomes familiar. At the same time, newer projects begin ...

The US auto safety regulator said this week that it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be ...

After celebrating Donald Trump’s second presidential term by swilling cocktails and partying to Snoop Dogg at a pre-inauguration event in January, the crypto industry went on to notch major ...

Dealmakers got what they wanted in 2025: an almost record-breaking year for mergers and acquisitions despite a turbulent spring that threatened hopes of a revival in activity during US President Donald ...

The European Union agricultural sector saw a significant 9.2 per cent increase in labour productivity in 2025 compared with the previous year, as rising income and a shrinking workforce combined to boost ...

The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...

The European Union has seen a significant divergence in its economic sectors as of October 2025, with services recording a substantial 16.4 per cent increase since the start of the pandemic while ...

As the market moves closer to 2026, many investors are reassessing where real upside can still be found. Large cap cryptocurrencies remain important, but their size limits how fast they can ...

A little over five years ago, Antonina Zinovenko, now manager of art department at Wargaming, stepped away from media and advertising and into IT, carrying no technical background whatsoever, only ...