Business

Despite alterations in interest rates, Cypriot banks have maintained a steady pace in providing loans throughout 2023, exceeding €3 billion in total net new loans by November. In November 2023, net new loans ...

Euro zone services activity could weaken further in the coming quarters due to rising interest rates but the impact on the sector may be more muted than on manufacturing, a ...

Will they, won’t they? U.S. regulators are keeping crypto players on the edge of their seats as they weigh whether to give their blessing to bitcoin exchange-traded funds (...

Information reported by the Cyprus Statistical Service (Cystat) shows a change in the country’s trade balance for January to November 2023, indicating a considerable increase in the deficit by €962.3 million ...

As the digital landscape evolves, bloggers navigate a world where securing their online presence becomes paramount. Enter Virtual Private Networks, or VPNs. Not just tools for privacy, they’ve evolved ...

Tiger Woods, who has worn Nike apparel since first signing with the company as a newly professional 20-year-old, has parted ways with the sportswear giant, the 15-time major champion said ...

Mediterranean Hospitality Venture (MHV) Ltd has agreed to sell 50 per cent of its stake in Aphrodite Hills Resort Limited (AHRL) to WRA Consultants Ltd, a private company registered in Cyprus. ...

Oesterreichischer Lloyd Shipping Group announced the appointment of Sunil Kapoor as its newest Partner and Chief Operating Officer. Kapoor, with over 40 years in the maritime industry, will lead business development ...

Freight costs have increased dramatically as a result of the Houthi attacks on ships in the Red Sea, with some ships now going round the Cape of Good Hope to ...

The Cyprus Organisation for Standardisation (CYS) and the Great Britain-Cyprus Business Association (GBCY) have announced a strategic partnership to strengthen business connections and opportunities between companies in the UK and ...

Volkswagen’s voice assistant integrating ChatGPT into its cars will be able to converse with users in a back-and-forth dialogue by the middle of the year, the carmaker said on ...

Activist investors are expected to launch more and bolder campaigns for change among European companies in the year ahead, advisers told Reuters, after a record number in 2023. Europe was for ...

Netflix (NFLX.O) has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was ...

Samsung Electronics Co Ltd reported a likely 35 per cent drop in fourth-quarter operating profit on Tuesday, much worse than analysts expected as weak consumer demand persisted in many of its ...

In an official announcement by the Deputy Ministry of Social Welfare, the Department for Social Inclusion of Persons with Disabilities informed recipients of the monthly Blind and the Severe Mobility ...

According to a report released by the Cyprus Statistical Service (Cystat), in November 2023, Cyprus witnessed a notable 1.6 per cent increase in retail trade volume compared to October. This positive trend ...

The short-term outlook for the economy is a positive one, but risks could loom in the longer term, the Fiscal Council said on Monday. Michalis Persianis, chair of the Fiscal ...

The European Central Bank (ECB) approved the appointment of Petros Christodoulou as the Non-Executive Chairman of the Hellenic Bank Board of Directors, with immediate effect. Christodoulou replaces Christos Themistocleous’ who ...

If anyone is looking for a top investment pick for January, three cryptocurrencies lead the way – Borroe Finance ($ROE), Arbitrum (ARB), and Tron (TRX). As Arbitrum One hit a landmark ...

In the dynamic world of cryptocurrencies, VanEck envisions a positive outlook for Bitcoin (BTC) in 2024. VanEck anticipates the approval and growth of spot Bitcoin ETFs, asserting that Bitcoin is poised ...

In December, the Cyprus Statistical Service (CSE) reported an inflation rate of 1.6 per cent, slightly below Eurostat’s harmonised consumer price index, which recorded 1.9 per cent. This positions Cyprus with ...

The Union of Cypriot Pensioners (Ekysy) has announced a positive development for pensioners across the island, as legislation came into effect on January 1, ensuring a 3.89 per cent increase in the ...

This year citizens will vote to elect their representatives at the local level who will undertake the implementation of the reform in their department, municipality, community and district. Leaders of ...

Deputy Minister of shipping Marina Hadjimanoli is on Monday travelling to Japan to hold a series of meetings with ship owners, executives of shipping companies, financial institutions and shipyards. The ...