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.
Oil prices fell by as much as 3 per cent on Thursday after US President Donald Trump announced sweeping new tariffs that investors worry will enflame a global trade war that ...
The Paphos regional tourism board (Etap) announced on Thursday that it is boosting its promotional efforts in Poland as part of its 2025 action plan.
According to the announcement, the board ...
Turkish inflation is expected to end the year a bit higher than previously expected, a Reuters poll showed on Wednesday, reflecting fallout from a currency selloff after authorities detained and ...
The volume of new loans in Cyprus fell by 22.8 per cent in February 2025, reaching €246.1 million, compared to €318.7 million in January.
According to a report released this week by the Central ...
Inflation in Cyprus eased to 2.1 per cent in March, down from 2.3 per cent in February, according to the latest flash estimate from Eurostat.
However, this marks a slight increase from ...
Israel’s economy looks to rebound over the next two years should geopolitical tensions ease, although the country needs a host of structural reforms to support government finances and sustain ...
Turkey’s manufacturing sector contracted further in March, with output and new orders continuing to ease amid difficult market conditions both domestically and internationally, a survey showed on Wednesday.
The ...
Volvo Cars sold 70,737 cars in March, down 10 per cent from a year earlier as sales of fully electric cars tumbled, the Sweden-based company said on Wednesday, sending its shares down.
...
Mutuum Finance (MUTM) is currently priced at just $0.025 in its fourth presale phase, and demand has gone through the roof, with $6 million already raised from over 7,700 investors. This highly structured ...
With a booming crypto market and investors hunting for high-growth opportunity. However, in the ocean of underpriced tokens, few stand out more than the rest, Cardano (ADA), Shiba Inu (SHIB), ...
Like many investments, the crypto market comes with its fair share of controversy, but there are few options more hotly debated than Cardano (ADA) and Mutuum Finance (MUTM). ADA’s ...
Cyprus’ cruise season began on Wednesday with the arrival of Marella Discovery II at the port of Limassol, according to an announcement by operator DP World Limassol.
This marks the ...
The labour ministry’s inspection department announced on Wednesday that it will carry out a targeted inspection campaign targeting hotels, restaurants, and ready-to-eat food outlets in April and September 2025.
According ...
Nintendo (7974.T) is set to reveal details of its Switch 2 this week with investors looking for the pricing and launch date of the successor to the home-portable Switch gaming device.
...
The percentage of non-performing loans (NPLs) in Cyprus decreased to 6.2 per cent by the end of December 2024, down from 6.5 per cent at the end of September.
This is according to ...
A small protest was held outside the presidential palace on Wednesday evening against solar panel shutdowns imposed by the transmission system operator (TSO) on solar panels based at residential properties.
...
The retail trade sector in Cyprus exhibited strong growth in February 2025, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat).
Specifically, the turnover value index rose ...
Ryanair (RYA.I) flew 200.2 million passengers in its fiscal year to the end of March, largely as forecast, making it the first European airline to carry 200 million passengers in one ...
Earning money in the crypto world can be done in different ways. You’ve probably heard about mining and trading as two popular methods. Both can help you grow your ...
The number of building permits issued in Cyprus during November 2024 fell by 28.1 per cent compared to the same month in 2023, according to a report released on Wednesday by the state ...
The Bank of Cyprus on Wednesday provided an update on its total voting rights, share capital, and the progress of its share buyback programme.
Specifically, the bank reported that 28 per ...
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding multiple online platforms that are operating without the necessary authorisation to provide investment services or perform ...
The European Commission has launched a new EU Sanctions Helpdesk aimed at assisting small and medium-sized enterprises (SMEs) in navigating the complex landscape of sanctions compliance.
According to the commission, ...
Inflation in Cyprus eased to 2.1 per cent in March, down from 2.3 per cent in February, according to the latest flash estimate from Eurostat.
However, this marks a slight increase from ...