Business

IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but ...

Some 400 women in shipping from 40 different countries are currently participating in the 50th Anniversary World Congress of the Women’s International Shipping and Trade Association (WISTA International), which began on ...

The biggest shareholder in Sainsbury’s, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group, reducing its holding by about 5 per ...

The 7th annual ‘Young Entrepreneurship Awards’, organised by Cyprus Chamber of Commerce and Industry (Keve) with support from the Ministry of Energy, Commerce, and Industry and Hellenic Bank, celebrated young ...

The University of Cyprus’ Centre of Excellence “Koios” has launched the “SPARROW” (Solid Preparedness and Resilience for Robust Operations during disaster Wilderness) project, aaimed at enhanced disaster resilience for Europe. ...

The current market sentiment isn’t really favoring the memecoin sector. While Dogecoin (DOGE) was a target of yesterday’s broader market shift, Shiba Inu (SHIB) is taking the heat ...

Some 400 women in shipping from 40 different countries are participating in the 50th Anniversary World Congress of the Women’s International Shipping and Trade Association (WISTA International), which started on Thursday ...

CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals and surprised with robovan, betting on a shift in focus from ...

Further deliberation is needed over the energy minister’s proposal to create a state-owned electricity grid company, EAC board director Giorgos Petrou said on Friday, after a preliminary meeting. The ...

DTX Exchange (DTX) has gained the attention of crypto enthusiasts who want to revolutionize the trading exchange industry. Market disruptors in any industry always give alpha returns if found in ...

The global economy could face losses of $14.5 trillion over a five-year period from a hypothetical geopolitical conflict which hits supply chains, insurance market Lloyd’s of London (SOLYD.UL) said ...

The Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has called on banks to weigh both social considerations and the need to bolster the competitiveness of the economy ...

Britain’s housing market recovered further last month, according to property surveyors who said house prices, sales and enquiries rose, but pressure in the rental sector intensified as tenant demand ...

The market is showing a variety of signs for different tokens, bullish momentum for some and bearish for others. BNB and Ripple (XRP) seem to be on the bearish end ...

Admie, Greece-based Independent Power Transmission Operator, which is the project promoter of the Great Sea Interconnector that will end Cyprus’ energy isolation, is moving ahead with a similar project that ...

Labour Minister Yannis Panayiotou on Thursday spoke about the importance of digital and green skills in supporting Cyprus’ economic growth at a meeting of the Human Resources Development Authority’s (...

Hundreds of people, including corporate leaders, politicians and celebrities, gathered in Mumbai on Thursday to pay their last respects to one of India’s most respected business tycoons, Ratan Tata, ...

Cyprus’ trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (...

With the crypto market now in its historically most profitable quarter, investors are eagerly looking at Ethereum (ETH) in the hope of making huge profits. However, there is another altcoin ...

What is Cloud Mining? Cloud mining is a process where individuals lease computational power from a data center to mine cryptocurrencies. Instead of setting up their own mining rigs, which ...

By Rita Beyrouthy As the financial landscape evolves, with technology and digital finance shaping how investors access markets, it is important to focus on how these innovations can empower and ...

Energy Minister George Papanastasiou has proposed the creation of a state body that can participate in the energy connection between Cyprus and Greece so as to avoid mistakes of the ...

The European Central Bank (ECB) is “very likely” to reduce its interest rates next week, policymaker Francois Villeroy de Galhau said on Wednesday. “A cut is very likely and it ...

Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has told banks to take into account both the social aspect and the enhancement of the competitiveness of the economy ...