Business

Europe is already being forced to reconsider how it keeps fuel moving through an increasingly volatile world. Now, as the crisis in the Strait of Hormuz exposes the fragility of ...

Cyprus’ tourism sector has returned to a stable trajectory despite June tourist arrivals declining by 1.7 per cent, Deputy Minister of Tourism Kostas Koumis said on Friday, following the release of ...

Eurobank announced on Friday that it has been named Cyprus’ best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, significantly outpacing both the euro area and European Union averages, according to figures released on Friday by the Cyprus Statistical ...

The European Commission issued two sets of binding specification measures to Google this week, under the Digital Markets Act, in order to foster greater competition in the digital sector. These ...

Cypriot technology companies need greater financial backing to compete abroad, while businesses across the island require faster access to funding if they are to keep pace with digital change, according ...

Ten students in Cyprus are set to receive a significant boost to their maritime education as Safe Bulkers has officially launched its sixth annual scholarship programme. Chief executive Polys V. ...

An EU overhaul that would make the country of employment, rather than the country of residence, pay unemployment benefits to many cross-border workers is moving towards final approval, nearly a ...

A passenger departs from Larnaca for Brussels and arrives at the destination four hours later than scheduled. Another learns at the airport that their flight has been cancelled, while a ...

TikTok could be fined as much as 10 per cent of its worldwide revenue after British communications regulators, Ofcom, opened a child safety investigation that goes to the heart of how ...

Preventing homelessness and improving access to affordable housing took centre stage in Brussels this week, as the European Parliament’s Employment and Social Affairs Committee (EMPL) examined new European Union ...

The euro area recorded a trade in goods deficit of €7.8 bn in May 2026, marking a significant reversal from the €15.0 bn surplus observed during the same month last year, according to ...

It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a ...

Lufthansa Group will gradually resume flight operations to Riyadh ​and Amman starting in September, ‌the German airline said on Thursday. Lufthansa said that it continuously monitors and assesses ​the situation ...

Britain’s economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among ‌businesses against the backdrop of the Iran war ...

Cyprus does not currently face a shortage of aviation fuel, Energy Minister Michalis Damianos said on Thursday, but added that authorities are keeping an eye on the situation. It was ...

Uber launched a takeover bid for Delivery Hero on Thursday, giving the German ​firm a $14.8 billion equity value in a move that would create the largest food-delivery group outside China ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday welcomed Parliament’s approval of legislation establishing the Cyprus Business Development Organisation, describing the move as a major reform that ...

The National Bank of Greece this week announced the purchase of 1,295,013 own shares between July 07, 2026 and July 14, 2026 for a total cost of €20,193,840.73. The bank acquired these shares at a weighted ...

The International Monetary Fund (IMF) has warned that the global oil market is facing severe risks as crucial shock absorbers are rapidly depleting following the recent conflict in the Middle ...

In 2018, Cynt Marshall walked into a job she barely understood. She had agreed to meet with Mark Cuban, then the owner of the NBA’s Dallas Mavericks, about becoming the ...

Men in Cyprus expected to work over 5 years longer than women Cyprus recorded one of the European Union’s longest expected working lives in 2025, with people aged 15 and over projected ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by ...