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.
OpenAI would be interested in buying Google’s Chrome if antitrust enforcers are successful in forcing the Alphabet (GOOGL.O) unit to sell the popular web browser as part of ...
A US appeals court has revived a proposed data privacy class action against Shopify (SHOP.TO), a decision that could make it easier for American courts to assert jurisdiction over ...
Wall Street brokerages earlier this week began coverage of Nvidia-backed CoreWeave (CRWV.O) with broadly bullish views, although the stock has failed to gain traction with investors following a lackluster ...
As Solana (SOL) prepares for its first major breakout since January, all eyes are on the next big altcoin with massive upside potential. Enter Mutuum Finance (MUTM) which is gaining ...
The Cypriot government is under fire over its decision to cut funding for electric vehicle (EV) subsidies, sparking concern among car importers and green mobility advocates. In a statement issued ...
If you missed the meteoric rise of Pepe (PEPE) in 2023, you’re not alone. Many investors are now looking for the next big altcoin to explode. Mutuum Finance (MUTM) is ...
Ethereum (ETH), Dogecoin (DOGE), and Mutuum Finance (MUTM) are all poised for huge rallies in 2025. ETH is currently trading at $1,582, while DOGE is trading at $0.16. At a price of just $0.025, ...
Turkish inflation expectations edged up in April for businesses and market participants, and remained steady at 59.3 per cent in 12 months time for households, the central bank said on Friday, reflecting ...
The Central Bank of Cyprus (CBC) on Friday announced that the reference interest rate for loan transactions has been set at 11.42 per cent.
This reference rate serves as a legal ...
The Republic of Cyprus significantly narrowed its fiscal deficit in the fourth quarter of 2024, according to preliminary figures published by the Cyprus Statistical Service (Cystat) on Friday.
The general government ...
As global aviation sails past its pre-pandemic levels, with over 5.2 billion passengers expected to fly by the end of 2025, the industry’s climate pledges are fast being grounded by reality.
...
Logicom Public Ltd has announced that its board of directors has approved the company’s annual financial report for the year 2024.
This includes the group’s and the parent company’...
The Bank of Cyprus Holdings Public Limited Company announced on Friday that it has repurchased a total of 227,383 of its own ordinary shares between April 17 and April 24, 2025, as part of ...
A global greenhouse gas pricing mechanism, approved at MEPC 83 this week, marks a turning point for international shipping.
For the first time, emissions will come at a cost, starting at $100 ...
The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the ...
Larnaca has been ranked the number one European destination for baby boomers, according to a new survey released this week by global travel operator TUI.
In addition, two Greek islands ...
Girls aged 16 to 19 in the EU showed stronger digital content creation skills than the general population in 2023, a trend also seen in Cyprus, according to Eurostat.
However, the percentage of ...
The future of maritime transport depends on suppliers and service firms, especially amid the shift to green and digital solutions, according to Deputy Shipping Minister Marina Hadjimanolis.
Speaking at the ...
Cyprus, long known for its stunning Mediterranean landscapes and robust financial services sector, is rapidly carving out a new identity as a burgeoning hub for technology and innovation. Within this ...
Cyprus has been riding a five-year wave of growth in startups, innovation, and tech. Everyone’s clapping. But scratch beneath the surface and the cracks are hard to ignore.
Yes, ...
Nestle (NESN.S) on Thursday said the indirect impact of US tariffs was “unclear” and posted better-than-expected first-quarter organic sales growth, as the world’s biggest packaged food company hiked ...
The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023.
The ...
The world’s leading startup pitch competition, Startup World Cup, is returning to Cyprus for the second year in a row, organisers confirmed in an announcement issued on Thursday.
Presented ...
Global ratings agency S&P Global downgraded Bahrain’s outlook to “negative” from “stable”, citing ongoing market volatility and weaker financing conditions that could increase the government’s interest ...