Business

The year 2025 will be shaped by new geopolitical, economic, and demographic developments, according to the EY-Parthenon report 2025 Geostrategic Outlook. The report examined the ten most important geostrategic developments likely to ...

Greek airline Aegean this week announced the launch of its Aircraft Engineer Training Scholarship Programme, providing young individuals with the opportunity to train for a career in civil aviation. Accorrding ...

The Contractors Council is preparing to revise its member fees in a bid to address a budget deficit that has plagued its finances, according to its president Thekla Kadi. Speaking ...

Wizz Air, as part of its aim to connect people from Cyprus to Europe and the Middle East, has broken its own record once again, by welcoming 62.8 million passengers in 2024 ...

The Spanish Economy Ministry is set on Tuesday to raise its gross domestic product growth target for this year above the current 2.4 per cent, Economy Minister Carlos Cuerpo said, in ...

Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook. Brent crude oil ...

Developers at leading US AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar ...

The Cyprus Property Developers Association and Interior Minister Constantinos Ioannou met this week to discuss a number of issues impacting Cyprus’ housing sector. These include delays in planning permits and ...

Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled by the Economics Research Centre of the University of Cyprus (CypERC), recorded a year-on-year increase of 2.3 per cent in December 2024. This marks ...

To tackle traffic congestion and improve urban development, the municipalities of Limassol, Amathus, and Polemidia have teamed up on a collaborative spatial planning initiative, aimed at enhancing the city’s ...

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 clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook ...

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from ...

Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric ...

Lawmakers on Monday began discussing two government bills aimed at boosting the stock of residential units and providing affordable housing, but not all were convinced this was enough to drive ...

The cryptocurrency world is hype; investors always look for tokens that can yield great returns. In 2025, some coins under $2 will draw attention because they look promising. Among the most compelling ...

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 ...