Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Procedure is not a flexible framework that allows litigants to correct their mistakes after they have presented their case before the court.
Rather, it is a mechanism that ensures the ...
Safe Bulkers, which also maintains offices in Limassol and is led by owner and chief executive Polys Hajioannou, has authorised a new share repurchase programme of up to 10 million shares, ...
Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...
The financial system risks undermining global trade if it fails to adapt to the economy’s needs, with developing countries likely to suffer the most, the UN Trade and Development ...
British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves’ budget, and higher wages were improving affordability, mortgage lender Nationwide ...
Asia shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in global bond markets and cryptocurrencies abated.
Bitcoin reclaimed the $90,000 ...
An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow ...
Dogecoin (DOGE) is once again under pressure, struggling to hold a key support level as momentum weakens and buyers hesitate to step in, prompting many traders to reevaluate where the ...
Introduction — Cloud Mining becomes a mainstream investment tool in 2025
By 2025, cryptocurrency cloud mining has evolved from a niche experiment into one of the most accessible ways for everyday users to ...
Euro zone inflation has delivered some “upside surprises” recently, raising some questions about the European Central Bank’s expectations for a dip early next year, the ECB’s chief economist ...
The number of registered unemployed reached 10,924 persons at the end of November, according to figures released on Wednesday by the Statistical Service (Cystat).
This represents an annual decrease of 163 people, ...
The turnover value index for services and transport in Cyprus recorded broad increases in the third quarter of 2025 compared to the same period of 2024, according to the statistical service (Cystat).
...
Cyprus plans to complete a review of rents across the country’s 19 industrial and craft zones, the Interior and Commerce ministries told MPs, saying the aim is to set fair ...
Cyprus’ legal and accounting bodies have reiterated their concerns over a government proposal that would allow the tax department to seal business premises for serious non-compliance, saying the measure is ...
An Italian judge has granted a request by luxury shoemaker Tod’s to postpone a hearing on whether to impose a six‑month blanket ban on its advertising, after the ...
Cyprus’ UW Group has joined the Green Award programme as its newest Incentive Provider, further strengthening efforts to promote cleaner, safer and more efficient maritime operations.
The group, operating through ...
Cyprus’ Shipping Deputy Minister Marina Hadjimanolis travels to Brussels on Wednesday to take part in Thursday’s meeting of EU transport ministers, where discussions will centre on global measures for ...
Cyprus’ AKTI Project and Research Centre has launched a fire-restoration initiative in the Laona region of Limassol, supported by Chevron Cyprus, after the July 2025 wildfires.
The area, which relies on ...
Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S....
Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...
Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports.
In its announcement, the company said that “for the ...
British store chains last month reported lower inflation in the run up to Black Friday sales but higher costs in 2026 mean retailers might struggle to keep inflation on its downward ...
Samsung Electronics unveiled on Tuesday its first multi-folding smartphone, in a bid to strengthen its position in a sector of the phone market where competition is expected to intensify.
The ...
A decade after it began working on a capital markets union, the EU is still struggling to agree a framework that encourages savers to put their cash to work within ...