Business

The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for young ...

Salamis Tours is set to be fully acquired by E.V.H. Investments Limited, as the public tender offer for 100 per cent of its issued share capital has been completed. ...

Manchester United will cut around 150-200 more jobs as part of an overhaul to return to profitability after five years of losses, the Premier League soccer club said on Monday. ...

Limassol continues to lead the office rental market in Cyprus, with prices averaging €29 per square metre, while Nicosia remains a more affordable alternative at €13 per square metre, according to a ...

‘There are decades where nothing happens; and there are weeks where decades happen.’ This quote often attributed to Lenin, may capture the moment. It is now a little more than ...

The European Union’s Markets in Crypto-Assets Regulation (MiCA) “marks a watershed moment in digital finance”, according to Costas Papadopoulos, executive director at Cypriot fintech Moneygate. MiCA will introduce a ...

The Bank of Cyprus announced on Monday the launch of a €30 million share buyback programme, a move previously signalled last week during the release of its preliminary 2024 financial results. In ...

British employers advertised the fewest jobs for the month of January in four years last month but salaries continued to rise strongly, according to figures published on Monday that illustrate ...

German business morale unexpectedly stagnated in February, a survey showed this week, dealing a difficult hand to a future government following a national election in which parties promised to lift ...

The Cyprus Telecommunications authority (Cyta), recorded revenues of €415 million and an expected pre-tax profit of €59 million for 2024, chairwoman Maria Tsiakka said on Monday. Speaking at a House finance committee meeting ...

Solana trades at $204.56, marking a 4.25% daily gain as markets stabilize after a sharp correction tied to geopolitical shifts. The asset remains 30% below its January peak of $295, sparking debates over whether ...

The grid’s capacity to meet Cyprus’ electricity demand on Monday evening will be “limited”, the transmission system operator (TSO) said, as Cyprus’ energy consumption spikes amid freezing temperatures. It ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near ...

Since time immemorial, gold has been seen not just as a source of value but also as a way to store value. Economies fluctuate, and currencies, as much as governments ...

Patience is over and sabotage of crucial energy projects for the average person had reached an intolerable stage, Kyriakos Tafounas head of the electricity authority unions (Epopai-Sek) said on Monday. ...

Patriot Pickle, a leading manufacturer of fresh pickles and fermented foods, has expanded its operations with the opening of a new state-of-the-art production facility in Garland, Texas. The expansion comes ...

The Bank of Cyprus announced on Monday the launch of a €30 million share buyback programme, a move previously signalled last week during the release of its preliminary 2024 financial results. In ...

Secretary general of the International Chamber of Shipping Thomas Kazakos on Monday met with Cyprus News Agency (CNA) director Dinos Finicarides, as well as the new director general of the ...

Despite ambitious price expectations, some crypto market targets remain unattainable, especially for Ripple (XRP) and Cardano (ADA). Growing regulatory scrutiny and severe competition in the blockchain field make it unlikely ...

Financial technology firm Capital.com on Monday announced the launch of a new paid internship programme for university students in Cyprus. The first group will include 30 students from the Cyprus ...

The Sklavenitis Group aims to secure second place in the Cypriot market, while upgrading and expanding storage and production facilities in Greece in 2025, according to reports that emerged on Monday. ...

For entrepreneurs, building a business is a journey filled with challenges, growth, and countless decisions. However, one of the most critical yet often overlooked aspects of entrepreneurship is the exit ...

Hellenic Bank reaffirmed its commitment to Cyprus’ hospitality industry with its participation at the 46th Cyprus Hotel Summit and Horeca Expo in Limassol, where sector challenges and opportunities were brought ...

European shares and the euro climbed on Monday as Germany’s election produced a mainstream outcome, while Wall Street futures firmed on hopes results from AI diva Nvidia this week ...