Business

EU member states share common goals of achieving climate neutrality and ensuring a sustainable, secure and affordable energy future, Energy Minister George Papanastasiou said on Monday at the opening of ...

Cyprus’ wholesale trade and motor vehicle sectors grew during the second quarter of 2024, according to a report released on Monday by the Cyprus Statistical Service (Cystat). Specifically, the turnover value ...

Smart investors are looking for projects with great room for growth as the fourth quarter of the crypto market approaches. Three altcoins, Ripple (XRP), Polygon (POL), and Rexas Finance (RXS), ...

The division of a piece of land into separate plots constitutes an important procedure which is subject to the town-planning restrictions on the land, the requirements set by the law ...

Cyprus needs a long-term energy strategy with well-defined objectives, according to the chairman of the Cyprus Energy Regulatory Authority (Cera) Andreas Poullikas. “The provision of affordable energy services is key ...

Aspiring entrepreneurs will gather in Nicosia on Tuesday for the Startup World Cup Nicosia Finals, an event offering Cypriot startups the chance to showcase their ideas on a global stage. ...

The Bank of Cyprus on Monday announced the purchase of 24,800 ordinary shares on the Cyprus Stock Exchange (CSE) as part of its ongoing share buyback programme. The shares, each with ...

The digital euro will have the same level of privacy as cash notes, according to Stella Ioannidou, a financial market infrastructures and payments expert at the Central Bank of Cyprus (...

Cardano (ADA), which, for a certain period, was considered to be one of the most prominent blockchain developments of its time, has grappled with a fundamental challenge in its growth ...

Oil prices rose on Monday, buoyed by concerns that heightened conflict in the Middle East may curtail regional supply and expectations last week’s outsized US interest rate cut will ...

As strange as it may seem, the availability of a sufficient amount of water, or lack of it, has a direct effect on real estate demand and prices, especially in ...

Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic ...

Alphabet unit Google has agreed for the first time ever to purchase nature-based carbon removal credits from a Brazilian startup, its first engagement with carbon projects in the South American ...

United Arab Emirates-based artificial intelligence company G42 has teamed up with US chipmaker Nvidia (NVDA.O) to work on climate tech, G42 has announced, ahead of the first-ever visit to ...

By Andreas Constantinides As the new school year begins and considering the increased use of technology by children, it is imperative to implement strict security protocols and raise awareness about ...

Wealthy families are seeking out risky assets and reducing cash holdings as they turn more bullish about the investment outlook, according to a Citigroup (C.N) survey. About 97 per cent ...

In Brussels, the talk of the town is a report on the future of European competitiveness, calling for fundamental economic reforms to avoid a “slow agony” for the European economy. ...

Here are the top business stories in Cyprus from the week starting September 16: Following the recent announcement of a €30 million investment in premium AA games by Mad Crusader, a Cyprus-based ...

Booking.com’s restrictions against hotels offering lower rates on their websites or on rival sites are unnecessary and could reduce competition, Europe’s top court said this week in ...

Facebook owner Meta (META.O) agreed to buy up to 3.9 million carbon offset credits from Brazilian investment bank BTG Pactual’s forestry arm through 2038, the companies said this week in ...

Europe’s second-top court largely confirmed this week an EU antitrust fine imposed on US chipmaker Qualcomm (QCOM.O), revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 ...

Finance Minister Makis Keravnos on Saturday hailed rating agency Morningstar DBRS’ decision to give Cyprus a credit rating of BBB (high) and upgrade the island’s outlook from “stable” to “...

President Nikos Christodoulides expressed satisfaction with the appointment of Apostolos Tzitzikostas as the European Union’s new transport commissioner, the top EU post overseeing shipping, as well as the appointment ...

Prime Minister Keir Starmer’s warnings about the state of the British economy and the likely need for tax increases in next month’s budget have caused consumer confidence to ...