Business

Real income per capita declined in both the euro area and the European Union during the first quarter of 2025, according to figures released on Friday by Eurostat. In the euro ...

Cyprus’ industrial sector relied primarily on oil and petroleum products and electricity in 2023, which together accounted for over half of its total energy use, according to Eurostat figures released on ...

The Deputy Ministry of Shipping released the official promotional video for the Maritime Cyprus 2025 Conference, which will bring together the global shipping community in Limassol from October 6 to 8 under the ...

Vassiliko Cement Works has reported strong financial results for the first half of 2025, with revenue reaching €78.8 million, marking a significant increase from €69.1 million during the same period last year. According ...

The Cyprus Stock Exchange (CSE) on Friday issued a market announcement highlighting the results of its semi-annual review regarding compliance with minimum market value requirements on the Regulated Market. According ...

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...

Eurobank has retained its position as the top asset manager in Greece, according to Maria Koletta, head of sales and assistant general manager at Eurobank Asset Management Mutual Fund Management ...

XM, one of the world’s online leading financial services providers, announced the commitment of €5 million to support the recovery of areas devastated by the recent wildfires, acknowledging the scale ...

Credit transfers remain the most popular non-cash payment method in Cyprus by total transaction value, accounting for 83 per cent, according to a report published on Thursday by the Central Bank ...

The Deputy Ministry of Tourism this week announced the launch of the nomination process for the Cyprus Hospitality Awards 2025, a national initiative that recognises and rewards excellence in the tourism ...

Eurozone business activity accelerated faster than forecast this month, supported by a solid improvement in the bloc’s dominant services industry and with manufacturing showing further signs of recovery, a ...

Britain’s new vehicle production is expected to decline by 15 per cent in 2025, weighed down by global trade disruption; however, a reversal is expected the next year, industry data showed ...

Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people ...

Nestle (NESN.S) has launched a review of its underperforming vitamins business that could lead to the divestment of some brands, it said on Thursday, after reporting its first-half sales ...

TRON (TRX) traders are increasingly looking beyond the usual suspects as they chase the next generation of decentralized finance (DeFi) opportunities. With gas fees on Ethereum (ETH) rising and Layer 1 ...

Chainlink (LINK) has surged 21% this week as investor interest returns to the DeFi sector. But beneath the surface of established names like LINK, new-generation platforms are quietly building the infrastructure ...

As July draws to a close, one presale is stealing the spotlight—and time is running out. Mutuum Finance (MUTM) is now 90% sold out in Phase 5, raising $13.1 million and attracting ...

The European Central Bank’s (ECB) governing council announced on Thursday that it has decided to keep the three key ECB interest rates unchanged, with inflation currently at the ECB’...

Aircraft engine stands play a practical role in aviation operations. Used to support engines during transportation, storage, and handling, these tools are a key part of the logistics chain that ...

A recent study by the University of Cyprus’ Economics Research Centre (CypERC) has explored the relationship between changes in global commodity prices and domestic inflation in Cyprus. According to the ...

The environmental authority has approved the demolition of the former Nemitsas foundry in Limassol, paving the way for the construction of a new building for the Deputy Ministry of Shipping. ...

The Russian rouble’s 45 per cent rise against the US dollar since the start of the year has made it one of the world’s best performing currencies – but the ...

Tesla (TSLA.O) shares fell nearly 6 per cent in early trading in Europe on Thursday, after Elon Musk’s electric vehicle maker posted its worst quarterly decline in sales in ...

Microsoft announced in a blog post on Wednesday that certain hackers linked to a cyberespionage operation targeting its SharePoint servers have begun deploying ransomware. This shift suggests the spying campaign ...