Business

With the EU’s FuelEU Maritime regulation set to take effect in January 2025, Cyprus and Europe’s shipping sector face stringent emissions oversight, aiming to push the industry toward net ...

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 ...

There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small, temporary undershoot of its inflation target, Belgian central ...

Abu Dhabi is emerging from Dubai’s shadow as it attracts its own share of asset managers’ and billionaires wealth, helping cement United Arab Emirates’ role as an alternative to ...

British business confidence sank to a four-month low in October ahead of the first budget plan from the country’s new government, a survey showed on Monday, echoing other signs ...

The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing to keep up ...

Boeing on Monday launched a stock offering that could raise up to $22 billion as the planemaker looks to strengthen its finances squeezed by an over month-long strike by its workers ...

British Prime Minister Keir Starmer said taxes needed to rise to rebuild public services and fix the foundations of the economy, and he challenged his critics to spell out how ...

If I ask you to say the first thing that comes to mind when I say “short-term rentals”, what would that be? Short-term rentals, or STRs for short, have become ...

Tesla (TSLA.O) CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30 per cent next year, buoyed by a new, cheaper model and enthusiasm for ...

The United Kingdom’s foreign office updated its threat of “regional escalation” in its official travel advisory for Cyprus. The ministry stated that “hostilities in the region and between Israel ...

When it comes to the crypto scene, it is full of speculation and hype, especially with the notion of identifying the next big altcoin that has the potential to return ...

Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource efficiency, according to a Eurobarometer survey. The survey, published by the European Commission, ...

Cyprus has made significant progress in attracting established tech companies to relocate their headquarters to the island, but there’s a critical aspect that needs improvement – the nurturing of early-stage ...

Cyprus recorded a 9.83 per cent enterprise birth rate and a 5.8 per cent business closure rate, positioning it moderately among EU countries for business growth and stability, according to a Eurostat ...

Former European Central Bank President Mario Draghi has issued a stark warning that Europe’s competitiveness is slipping amid intensifying economic challenges. In a recent report, Draghi called for urgent ...

The assignment agreement is increasingly being offered as a means of securing lending instead of a mortgage and is now being adopted more by banks for customer lending. The borrower ...

Growth in pay awards by British employers stagnated during the three months to September and firms expect average wage rises to cool over the coming 12 months, according to a survey ...

The European Union said this week it had joined forces with leading venture capital firms from the region to boost investment in tech innovation in Europe, amid concerns that Europe’...

Britain’s commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices. Some big-ticket office properties now on sale will show just where ...

By Waylon Cunningham Starbucks’ new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company’s coffee shops are still hugely popular in ...

Lloyds Banking Group shrugged off fears of a bank tax hike in the UK budget next week, with CFO William Chalmers saying Britain’s biggest mortgage lender would play its ...

Video game platform Roblox (RBLX.N) has said that it plans to open an office in Turkey in line with local laws if access is restored to the platform, which ...

It has been over two-and-a-half years since ExxonMobil last drilled in Cyprus’ EEZ, but the company is about to come back. In an interview earlier this month the minister of ...