Business

Kraft Heinz (KHC.O) on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the packaged food giant’s branded products including ...

The energy ministry has reissued its grants scheme for encouraging the use of renewable energy sources in residences to accommodate an additional 3,000 applications from households across Cyprus. According to the ...

Lieutenant General Osama Rabie, head of the Suez Canal Authority, met Cyprus’ Deputy Shipping Minister, Marina Hadjimanolis, in Ismailia on Tuesday to discuss collaboration on sustainable maritime practices and the ...

The Energy Ministry announced on Wednesday that it led Cyprus’ presence at GITEX Global 2024 in Dubai. Cyprus’ participation at the event, the ministry explained, showcased the country’s advancements in ...

British Chancellor Rachel Reeves announced her budget plans to parliament on Wednesday, seeking to shore up public services and plug a funding gap, without damaging a promise to promote growth ...

Cyprus tourism saw a solid October with rising hotel occupancy, president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides said on Wednesday. In addition, Michaelides said that November bookings are ...

Empowering businesses in Cyprus with the latest digital marketing trends is no small task, but as the digital landscape evolves, it has become essential for businesses aiming to stay ahead ...

Meme coins like Shiba Inu (SHIB), once celebrated for their community hype, are now facing real competition from projects with actual utility. As investors start valuing practical use over internet ...

PwC Cyprus celebrated the achievements of its top-performing trainee accountants in the recent ACCA exams at a ceremony on October 23, 2024, at the PwC Experience Centre.  Attended by CEO Philippos Soseilos ...

Ford Motor (F.N) shares fell 6.6 per cent premarket on Tuesday after the automaker tempered its full-year profit forecast, blaming supplier disruptions and warranty costs amid a global price war ...

Total sales of oil products in Cyprus reached 130,124 tonnes in September 2024, marking a marginal decrease of 0.4 per cent compared to September 2023, according to a report from the Cyprus Statistical Service (...

Cyprus’ refinancing needs will remain within manageable levels for the coming years, well below the ten per cent of GDP threshold. Projections estimate requirements at around three per cent of ...

Royal Caribbean (RCL.N) boosted its annual profit forecast on Tuesday for the fourth time this year, driven by high demand for private destinations and cooler cruise travel spots, as ...

This past summer, leads for Brian Brown’s landscaping business near Lake Tahoe were drying up. “We’d put together bids, call clients, and they were like, ‘well, we’re ...

Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100 per cent of carmaker McLaren’s automotive business from Mumtalakat, the sovereign wealth fund of Bahrain, the ...

Cyprus recorded a negative annual net financial position of -€29.12 billion in 2023, according to a report released on Tuesday by the state’s statistical service. As of December 31, 2023, the total ...

McDonald’s (MCD.N) posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to ...

This guide offers freelancers a detailed look at managing taxes in 2024, utilizing the latest tools and strategies to ensure accuracy in tracking earnings and maintaining compliance with evolving tax regulations. ...

The Ministry of Energy, Commerce, and Industry on Tuesday approved changes to the “conserve and upgrade for businesses and other entities” grant scheme. The scheme aims to provide support for ...

Limassol led Cyprus’ high-value real estate market in September, driving €29.8 million in top property sales, according to real estate analytics firm Ask Wire. The district accounted for six of the ...

The Deputy Ministry of Tourism is set to launch a series of initiatives in 2025 to support, promote, and enhance Cyprus as a tourist destination, according to the budget it submitted ...

By Alexandros Clappas Sustainable finance has recently emerged as a key area of interest for modern investors and market participants. The term sustainable finance more broadly encompasses environmental, social, and ...

Listing of crypto projects in trustworthy and popular exchanges and platforms like Coinmarketcap (CMC) shows their credibility and increases investors’ confidence in the crypto. From the listing on CoinMarketCap, Shiba ...

Cyprus Deputy Shipping Minister Marina Hadjimanolis is in Egypt to strengthen maritime cooperation between the two countries. Invited by Egypt’s Minister of Transport, the Cypriot minister will engage in ...