Business

The Electricity Authority of Cyprus (EAC) expects to start installing smart meters in the beginning of 2025, the organisation’s board chairman said on Tuesday. Speaking to the Stockwatch news outlet, ...

Meta Platforms (META.O) said on Tuesday that it welcomed Turkey’s reopening of access to its Instagram social media platform and that it continues to talk to Turkish authorities ...

Generation Z and Generation Alpha, the youngest and most tech-savvy cohorts, are reshaping the financial landscape. Gen Z, born between 1996 and 2010, has now surpassed Millennials as the majority generation globally. ...

Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from “A-plus” on Monday, citing worsening geopolitical risks as the war in Gaza drags on, and kept the rating ...

By Elena Karkoti Surveys consistently highlight low levels of financial literacy across the EU and worldwide and CySEC’s own analysis confirms this. Given the importance of finance in today’...

Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as ...

The number of bounced cheques in Cyprus saw a significant month-on-month increase in July 2024, according to the preliminary list from the Central Information Registry (CIR), maintained by the Central Bank ...

Managing your finances isn’t just about tallying your income and expenses. It’s what will determine your financial future and ensure a comfortable living standard after retirement. However, evolving ...

By Dr Dipesh Shah  The government of India implemented a major financial sector reform by establishing the country’s maiden International Financial Services Centre (IFSC) in GIFT City, Gujarat. The ...

Euromoney, a leading international magazine specialising in banking, finance, and financial markets, has awarded the Bank of Cyprus the title of the best bank in Cyprus for 2024. This marks the ...

The total number of individuals employed by the government in Cyprus averaged 54,481 during the period from January to July 2024, according to a report released this week by the Cyprus Statistical ...

The total weight of goods transported by road within Cyprus saw a 3.7 per cent increase during the period from January to March 2024, compared to the same period in 2023. According to ...

Freedom Holding Corp., the founder of Freedom24, this week released its results for the first quarter of fiscal year 2025 ended June 30, 2024. According to the result, the holding company generated revenue ...

Microbes and fungi have long been nature’s helpers in producing fine food, drinks and medicine, but new digital technologies could unlock far greater potential for the European biotech sector. ...

Decisions will be taken and the interconnector linking Cyprus’ power supply to Greece and Israel will be clarified within August, Energy Minister George Papanastasiou said on Monday. The minister’s ...

British employers expect to raise pay by 3 per cent over the coming year, the lowest planned increase in two years and down from 4 per cent three months ago, a survey ...

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...

Baker Tilly Klitou and Partners Limited has been appointed as the External Auditors of the Central Bank of Cyprus for the financial years 2023 to 2027, according to an announcement released on ...

Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets. A brutal selloff and recovery in global markets in the past ...

By Petros Olympios, CFA Recent research shows that as family expenditures keep rising, incomes remain fixed or even shrink. At the same time, total household debt is increasing across globally, ...

Oil prices rose for a fifth consecutive session on Monday, extending gains from the previous week’s more than 3 per cent rise, as US recession fears eased while geopolitical tensions ...

Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States and EU banned the export of their banknotes there in March 2022 following the invasion ...

Larnaca was one of the most popular destinations for travellers flying from London’s Heathrow airport in July, according to an announcement released on Monday. “Venice and Larnaca proved popular ...

External walls and roof of an apartment building are jointly owned property The standard regulations for co-owned buildings set out in the Annex to the Immovable Property Law, Cap.224, determine ...