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.
Wizz Air will launch flights from Cyprus to one new destination this summer as it says it is preparing for its biggest season ever on the island.
Flights will start ...
Deputy Minister for Shipping Marina Hadjimanolis paid a visit to New York from April 3 to 5, as part of efforts to promote Cypriot shipping, according to an announcement released on Monday.
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Aegean Airlines is stepping up efforts to help position Cyprus as a year-round destination, strengthening its presence on the island with a new Larnaca-Rome route and increased seat capacity.
Speaking ...
Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (...
Major stock indexes plunged in Asia on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting ...
The Industrial Turnover Index in Cyprus reached 128.1 units in January 2025, with 2021 serving as the base year set at 100 points.
This marked a 5.8 per cent increase compared with January 2024, according to ...
Artificial intelligence group MLCommons unveiled two new benchmarks that it said can help determine how quickly top-of-the-line hardware and software can run AI applications.
Since the launch of OpenAI’s ...
In his first remarks as Intel’s (INTC.O) new CEO, Lip-Bu Tan this week outlined a leaner version of the iconic American chipmaker in which he would work directly ...
The frenzy to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last week, straining its servers and temporarily ...
Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup has announced.
Google Ventures ...
The price trajectory of Ethereum (ETH) has become a subject of significant interest among crypto market participants, with some projections targeting levels of $5,025 by the end of 2025. If such a ...
According to new blockchain data, a veteran cryptocurrency investor who purchased Ripple (XRP) during its 2013 initial coin offering has purportedly cashed out of holdings at an eye-watering 21,308% profit. That anonymous ...
Growth is very vigorous this month, and a few April showers would help things in gardens as well as fill the dams. With the longer days and the warmer temperatures, ...
$500 in Cardano (ADA), Ethereum (ETH), and Mutuum Finance (MUTM) Today Can Restructure Portfolios by 2026 Cardano sits at $0.62, requiring an 800% climb to reach analyst Alex Becker’s $5 target. Ethereum Price Prediction: ...
Cyprus is an “attractive gateway for energy investment”, Energy Minister George Papanastasiou said on Sunday.
Speaking at the Capital Link Cyprus business forum in New York, he said the island ...
Deputy Tourism Minister Costas Koumis on Sunday said he is “moderately optimistic” over the future of tourism in Cyprus, despite the uncertainty for the lobal economy created by the announcement ...
For years, Cyprus has struggled with electricity blackouts, high energy costs and a slow transition to renewables. Now, as officials debate a new law to protect solar panel owners from ...
President Nikos Christodoulides and American multinational corporation ExxonMobil’s vice president for global exploration John Ardill on Sunday met to discuss the next steps regarding the drilling for natural gas ...
By Emmanuel Mourlon-Druol
More integrated EU defence policy implies greater foreign-policy integration and a larger role for the European Parliament to provide accountability.
The current debates about bolstering the European ...
Here are the top business stories in Cyprus from the week starting March 31:
Mike Vasiliev, CEO of AI-powered property startup Placy, is no stranger to the intersection of real estate ...
Roblox has launched a new format of video advertising on its gaming platform and announced a partnership with Google (GOOGL.O) to help boost the growth of its nascent ad ...
Prices in British shops fell less in March than in February and are likely to climb soon due to the impact of a new tax on employers and other costs ...
British house prices were flat in March and the market is likely to stay soft after a tax increase on property transactions, mortgage lender Nationwide said this week.
A Reuters ...
In a week where many altcoins are reeling from market-wide volatility, a surprising shift is unfolding. While tokens like Pi Network and Pepe struggle to hold ground, another project is ...