Business

The Commission for the Protection of Competition (CPC) announced on Thursday it has launched a probe into practices distorting competition relating to the acquisition of ExxonMobil’s share capital by ...

The crypto stage is illuminating with varied trends. Bitcoin is trading at around $111,600, slightly above a major resistance area, with Solana trading around $208, recording small gains, but with head winds. ...

ADA and DOT remain infrastructure-heavy projects with ambitions to reshape blockchain ecosystems, yet both are weighed down by long development cycles and slow user growth. While these networks focus on ...

The beginning of September has awakened the crypto market to consistent interest. Bitcoin and Ethereum are still popular, yet the community of retail investors has focused a lot of their ...

Demetra Holdings Plc on Thursday announced the repurchase of a further 2,351 of its own shares. According to a filing on the Cyprus Stock Exchange (CSE), the shares were purchased at ...

The Cyprus International Businesses’ Association (CIBA) on Thursday submitted its positions on the proposed tax reform bills as part of the government’s public consultation process. According to CIBA, its ...

The European Central Bank’s (ECB) Governing Council decided today to keep the three key ECB interest rates unchanged. “Inflation is currently at around the 2 per cent medium-term target and ...

The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works ...

Cyprus saw a continued rise in business activity in 2023, with the number of enterprises climbing by 4.5 per cent to 125,152 compared with 119,816 in 2022, according to the Statistical Service (Cystat). This increase ...

Total government employment in Cyprus reached 52,661 persons in August 2025, marking an increase of 209 individuals or 0.4 per cent compared with August 2024, according to the Statistical Service (Cystat).  Employment in the civil ...

Greece’s maritime employees’ pension fund, (NAT) presented its first study on ‘International good practices for the promotion of women’s maritime employment’ last week during the 89th Thessaloniki International ...

The Bank of Cyprus (BoC) on Thursday announced that on September 10, 2025, it successfully launched and priced an issue of €300 million unsecured and subordinated Tier 2 Capital Notes under its €4 billion Euro ...

Building applications received by the Larnaca district local government organisation (EOA) increased by 53 per cent in January-July 2025 compared to the same period last year. According to the organisation’s statistics, 1,295 ...

The Cyprus Securities and Exchange Commission (CySEC) has announced two training initiatives for financial and business operators, both focusing on strengthening compliance with international sanctions and tackling risks linked to ...

Fitch Ratings has slightly upgraded its forecast for global growth in 2025 to 2.4 per cent, an increase of 0.2 percentage points compared with its projections in June. The revision is based on ...

The Cyprus Statistical Service (Cystat) this week published detailed data on sales of locally produced industrial commodities for 2023. Total sales of industrial commodities produced by local units reached €4.60 billion in 2023, ...

Investors are cautiously approaching the US Treasury’s sale of $22 billion in 30-year bonds on Thursday after an underwhelming auction last month that had some of the weakest demand metrics ...

Dogecoin has been holding steady inside a tight trading band, building higher lows while resistance near $0.22 continues to limit progress. Traders are closely watching for confirmation of a breakout.  At ...

Ripple is gaining renewed attention after Morgan Stanley highlighted its potential to disrupt global payments. The banking giant has pointed out that Ripple’s technology is cutting settlement costs and ...

Jaguar Land Rover (JLR) said on Wednesday that a cybersecurity breach disclosed last week had impacted “some data,” disrupting both production and sales at the British luxury carmaker. The company ...

US oil major Chevron (CVX.N) has submitted a bid to explore for natural gas in four blocks offshore Greece in a consortium with Greece’s Hellenic Energy (HEPr.AT), ...

The number of bounced cheques recorded in Cyprus reached 16 in August 2025, with a total value of €52,891, according to data published on Wednesday by the Central Bank of Cyprus (CBC). These ...

Metaplanet has been adding to its Bitcoin holdings at an aggressive rate in 2025. The Tokyo-listed firm recently added to the portfolio 136 BTC worth $15.2 million, raising the company’s total holdings ...

By H.E. Manish, High Commissioner of India to Republic of Cyprus GST 2.0 Reforms: India’s Next Step Towards Simplicity and Growth  The Goods and Services Tax (GST), introduced in ...