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.
Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model ...
Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts ...
Fuel sales in Cyprus showed a slight increase in 2024, with petrol station sales rising 2.4 per cent to 682,790 tons compared to 2023, according to a report released by the state’s statistical ...
Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday.
Speaking to Politis radio, he said he expects ...
A strong Ripple alternative has entered the crypto scene and is gaining significant attention. It offers a unique utility and can deliver remarkable returns like XRP. A notable investor has ...
Environmental, social, and governance (ESG) criteria are important factors when shaping a company’s strategy and brand image, according to the results of survey by Action Global Communications.
The study, ...
Chairman of TechIsland and General Manager at Wargaming, Valentinos Polykarpou, has played a key role in turning Cyprus into a burgeoning tech hub.
Over the past three and a half ...
The number of entities supervised by the Cyprus Securities and Exchange Commission (CySEC) has grown by 11.8 per cent over the past five years, according to the commission’s chairman George ...
Investors are increasingly eyeing Nicosia’s centre, where developments in universities, hotels, and office spaces signal revitalisation of one of Cyprus’ most historic areas.
Recent local initiatives and rising investor ...
Takeover bids for public companies listed on the Cyprus Stock Exchange (CSE) have proven major drivers for activity, often offering prices significantly higher than market value and revitalising investor interest.
...
The anticipation of receiving an online purchase can often be laced with anxiety. The moment you see that your item has been shipped, the waiting game begins, punctuated only by ...
As always, there has been a new influx of tokens in cryptocurrency, with some gaining considerable traction. While many follow tokens like Pepe, other new projects, such as Rexas Finance, ...
As the CEO of EnergyIntel, I take immense pride in sharing our journey of innovation and our vision for a sustainable energy future. In an age where sustainability is no ...
The Cyprus Securities and Exchange Commission (CySEC) is projecting a €2 million budget deficit for 2025, as its proposed budget is set to be discussed during a meeting of the House finance ...
Bank employees’ union (Etyk) on Monday announced plans to distribute €25 million to former and current employees of the Bank of Cyprus who were union members in 2011.
According to a report ...
The principle of finality arises as an obstacle to the partial adjudication of disputes when there is duplication of the parties and the disputed issues. The party is prevented from ...
The Limassol Chamber of Commerce and Industry (Evel) has called for a comprehensive and environmentally conscious approach to the redevelopment of the Lady’s Mile area.
It also underlined the ...
For all its talk of radical change, Volkswagen’s (VOWG_p.DE) cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according ...
Qatar plans to introduce three new laws as part of a sweeping review of legislation designed to make the Gulf Arab state more attractive to foreign investors, the new minister ...
At least 49 billion pounds ($60 billion) of maintenance work at schools, hospitals and prisons in Britain has yet to be carried out, according to a report from a spending watchdog, highlighting ...
Lufthansa Airlines (LHAG.DE) aims to be profitable again but still has a ways to go despite the initial success of its restructuring plan, according to CEO Jens Ritter.
Lufthansa ...
Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL.N) and Japan’...
German online retailers last year eked out slight revenue gains for the first time since 2021, an industry body has revealed, citing higher savings that are giving Germans more confidence to ...
At the helm of its marketing vision is Chief Marketing Officer, Alina Miroshnychenko, who has recently won the prestigious Women Tabloid Award for Best Emerging Woman CMO, and has played ...