Business

Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while US tariffs ...

Ethereum (ETH) has officially crossed the $2,500 mark again, reigniting market confidence across crypto. But while ETH bulls celebrate, experienced investors are already pivoting—seeking underexposed assets with real utility, strong ...

Britain’s economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates ...

The European Investment Fund (EIF) has retained its top-tier AAA credit rating, with stable outlook, as confirmed by Morningstar DBRS (DBRS Ratings GmbH). The agency stated that both the long-term ...

As the crypto supercycle gains momentum in 2025–26, Ripple (XRP) is poised to surge 10x to $22.41, driven by speculation about ETFs and institutional adoption of the currency. But because it has ...

Total government employment in Cyprus reached 54,829 in June, marking an increase of 676 persons, a rise of 1.2 per cent compared to the same month in 2024, according to the state statistical service. ...

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...

By Chrystalleni Loizidou For policymakers unfamiliar with this space: FLOSS and digital sovereignty are not fringe concerns—they are the building blocks of a more secure, autonomous, and transparent public ...

The Cyprus Statistical Service (Cystat) on Friday announced a reduction of 1.9 per cent in the number of building permits issued during March 2025, when compared to the same month last year. ...

PwC Cyprus on Friday released a statement outlining their support for this year’s Invest Cyprus International Investment Awards, with the firm being a platinum sponsor of the event. The ...

The European Banking Authority (EBA) this week launched a public consultation on proposed revisions to its guidelines on product oversight and governance (POG) arrangements for retail banking products. The revised ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a formal update to cryptoasset service providers (CASPs) and applicant CASPs regarding new regulatory guidance from the European Banking Authority (...

Cyprus emerged as one of the EU’s most active countries for online cultural engagement in 2024, with 94 per cent of internet users watching TV or videos online.   This placed the ...

With the continuous advancement of cryptocurrency mining technology, by 2025, cloud mining has become one of the most popular ways to earn Bitcoin without the need for expensive hardware investments. However, ...

The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its energy minister said on Thursday, signalling a move that could propel ...

As legacy meme coins like Shiba Inu, Pepe Coin, and Bonk cool off, crypto analysts and top traders are turning their attention to a new contender: Little Pepe (LILPEPE). According ...

The average interest rate for household time deposits up to one year in Cyprus stood at 1.16 per cent in the latest data published by the Central Bank of Cyprus, lagging ...

Parliament on Thursday began debating legislation to screen foreign direct investments in strategic sectors, aligning Cyprus with EU rules designed to safeguard security and public order. The bill, approved by ...

President Donald Trump claims that rapid adoption of solar and wind power has made US electricity unstable and expensive, justifying his bid to end most subsidies for renewable energy. But ...

US companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on ...

Energy Minister George Papanastasiou on Thursday visited the rig which recently completed drilling a well in Block 10 of the island’s exclusive zone. In a statement, the energy ministry said ...

Mutuum Finance (MUTM) is rapidly gaining traction as a standout altcoin in the crypto market, with its presale now in Phase 5 at $0.03 per token. Having raised 12,000,000 and sold over 580 million ...

Japanese investment firm Metaplanet is bolstering its Bitcoin holdings, recently snapping up 2,205 additional BTC, valued at roughly $238.7 million. This brings their total to 15,555 BTC, worth approximately $1.7 billion.  The move signals ...

The Turkish Competition Authority announced on Thursday that it would impose an administrative fine of approximately 355 million lira (equivalent to $8.87 million) on Google for not meeting its regulatory responsibilities. According ...