Business

The value and volume of turnover in Cyprus’ retail trade saw a notable increase in August 2024 compared to August 2023, according to the Cyprus Statistical Service (Cystat). According to the report, ...

 MSCI’s global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about supply after Iran launched missiles ...

London’s Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it responds to ...

Limassol led the way in Cyprus’ high-value real estate transactions in August 2024, contributing significantly to the total of €20.9 million in sales across the island, according to real estate analytics firm ...

Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company’s first earnings report since announcing a new CEO earlier this month. ...

Limassol led the way in Cyprus’ high-value real estate transactions in August 2024, contributing significantly to the total of €20.9 million in sales across the island, according to real estate analytics firm ...

A prolonged high price of oil due to the Middle East crisis may lead to consumers paying more for electricity in Cyprus, while some investments may also be at risk, ...

Overstock can easily become a problem for any business because piled-up products take up all the useful space and tie up resources that can be used elsewhere. Fortunately, overstock solutions ...

Cabinet on Monday approved a €1 million grant scheme for installing solar hot water systems. Energy Minister George Papanastasiou said there are two categories for applicants. The first is a broad ...

With the cryptocurrency market expanding, investors are also looking for opportunities to invest that carry lower risk but high return potential. Rexas Finance is one of the dozens of altcoins ...

Cyprus’ industrial producer prices index (PPI) for August 2024 reached 124.1 points (base 2021=100), marking a slight decrease of 0.1 per cent compared to July 2024, according to a report by the Cyprus Statistical Service (...

Cyprus’ tourism revenue reached €474 million in July 2024, marking a 4.3 per cent rise compared to €454.6 million in the same month the previous year, according to data from the Cyprus Statistical Service (...

Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran’s biggest ever ...

Britain’s economy grew more slowly than previously thought in the second quarter, but there were positive signs from household finances and business investment that could encourage finance minister Rachel ...

British house prices rose by a higher-than-expected 0.7 per cent in September from August, with the annual growth rate hitting 3.2 per cent, the fastest pace since November 2022, figures from Nationwide Building ...

Oil prices climbed about 3 per cent on Tuesday after Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in ...

Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third straight monthly loss because ...

In the year 2020-2021, the value of Ethereum (ETH) moved too far from $200 to the highest-ever price of $4,800. The price movement enhanced and protected the position of Ethereum as the ...

Demand for a 10 per cent stake sale in Greece’s National Bank (NBG) by the country’s bank bailout fund was oversubscribed by six times on Monday, in the first ...

Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest funding round, The Information reported on Monday, citing a person familiar with the deal. SoftBank declined ...

The need for diverse voices in science, technology, engineering, and mathematics (STEM) has never been more critical, particularly as the world becomes increasingly reliant on technology. Moreover, Tanya Romanyukha, the ...

Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its peak impacted more than 40,000 users in the United States, according to Downdetector.com. ...

Tourism in Cyprus remains an important part of the economy, but Deputy Minister of Tourism Costas Koumis warns against complacency. During an event celebrating World Tourism Day 2024 on Friday, in ...

With 2025 less than 4 months away, the quest for the next Toncoin (TON) exceptional cryptocurrency and the new Rexas Finance (RXS) token has commenced. Dual-purpose tokens have been popular with both ...