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.
Members of the House of Representatives should not rush to approve the questionable ‘tax reform’ proposed by the government. This is because its contents are largely not compatible with achieving ...
Global air cargo demand rose by 4.1 per cent in October 2025 compared with the same month last year, setting a new monthly record and marking the eighth consecutive month of expansion, ...
Here are the top business stories in Cyprus from the week starting December 1:
The International Maritime Organisation (IMO) has confirmed the composition of its next 40-member Council, electing countries across ...
British businesses expect to reduce staff numbers but raise prices at a similar rate to before, according to a survey of more than 2,000 firms on Thursday by the Bank of ...
Amazon.com said on Wednesday it is rolling out a dedicated news tab on its Prime Video streaming service, which will become available to all U.S. customers for free ...
A Google search executive on Thursday pushed back against fears that its AI-powered search will harm web publishers and its advertising business, calling the technology an “expansionary moment” for the ...
Every cycle introduces one token that starts quietly before becoming the standout performer. Years ago, Solana was that asset. It traded at levels most traders ignored, then surged more than 2000% ...
Europe is striving to progress its Green Deal, but it is facing significant headwinds. Lacklustre economic growth, high energy prices, excessive regulation and declining industrial competitiveness have thrown its energy ...
The global shipping industry is facing an escalating human-resources crisis as more seafarers leave life at sea for work ashore, according to reporting by Paul Bartlett, who noted during a ...
Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat).
This compares with a €1.3209...
The spouses and children of billionaires inherited more wealth in 2025 than in any previous year since reporting began in 2015, according to UBS’s Billionaire Ambitions Report published on Thursday.
In ...
The European Commission proposed measures on Thursday to make the European Union’s capital markets more competitive by easing cross-border operations and giving broader oversight to the European Securities and ...
Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage ...
The first major XRP rally produced returns so large that many investors still refer to it as one of the most defining moments in crypto history. Now, with XRP no ...
Netflix on Friday agreed to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood’s most ...
Bitcoin mining has evolved dramatically. Instead of buying expensive ASIC hardware or paying for high electricity bills, beginners in 2025 can start earning BTC instantly through free Bitcoin cloud mining sites. ...
Cyprus called for sustainable, realistic and broadly supported global measures to accelerate the decarbonisation of shipping during the EU Council of Transport Ministers in Brussels, where Shipping Deputy Minister Marina ...
The final cost and long-term viability of the Great Sea Interconnector (GSI) came under scrutiny on Friday during discussions at the House finance committee on the budget of the Cyprus ...
The profit share of non-financial corporations in Cyprus reached 42.9 per cent in 2024, standing above the EU average of 40.1 per cent, according to Eurostat data published on Friday.
Across the bloc, ...
Total employment in Cyprus reached 523,510 persons in the third quarter of 2025, according to provisional estimates released by the Statistical Service (Cystat).
Of this total, 470,755 were employees and 52,755 were self-employed.
Compared ...
Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat).
This compares with a €1.3209...
The industrial turnover index in Cyprus reached 151.8 units in September 2025, marking an annual increase of 5.6 per cent compared with September 2024, according to figures released by the Statistical Service (Cystat).
For ...
Bank of Cyprus (BoC) has introduced its new Virtual Card, launched under the central message ‘The card that lives in your phone’, bringing the online shopping experience directly into everyday ...
Cyprus enterprises continued upgrading their digital capabilities in 2025, with faster internet connections, wider adoption of artificial intelligence technologies and increased use of business software, according to the Statistical Service (Cystat).
...