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.
Surging government debt levels are becoming a pressure point for big economies and bond investors have their sights on those not doing enough to improve their finances.
A Moody’s ...
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures ...
Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this year in the US, driven by rapid adoption of the technology and ...
When Bitcoin (BTC) price breaks higher, attention shifts to DeFi projects ready to ride the wave. While large-cap tokens often capture headlines, low-cap protocols with real yield models attract prudent ...
As the crypto market recalibrates after the halving and institutional capital grows cautious, one thing is becoming clear: value is shifting toward smaller, utility-rich protocols. Among the rising stars attracting ...
All experiential tourist activities can now be booked in the same place, Larnaca Tourism Board said earlier this week launching a new digital booking platform where users can reserve tours, ...
From Mediterranean olive oil to Scandinavian fish, researchers are integrating digital technologies into Europe’s key food industries to crack down on counterfeit products.
By Ali Jones
The rolling hills ...
Here are the top business stories in Cyprus from the week starting June 2:
Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House ...
Microsoft (MSFT.O) is offering free of charge to European governments a cybersecurity programme, launched this week, to bolster their defences against cyber threats, including those enhanced by artificial intelligence, ...
Nvidia’s (NVDA.O) newest chips have made gains in training large artificial intelligence systems, new data released this week showed, with the number of chips required to train large ...
Shiba Inu (SHIB) captured the world’s attention in 2021 with its outrageous surge. When a meme-inspired token turns into a market sensation, investors dream of the next rocket. Today, Mutuum ...
In the rapidly growing decentralized finance market, identifying true value early can make the difference between a modest return and a life-changing investment. With Cardano (ADA) sitting at $0.69 after years ...
Solana (SOL) has become a household name in the DeFi space. Its fast block times, low fees, and vibrant ecosystem attract developers and investors alike. Yet a small project called ...
The Bank of Cyprus on Friday announced a fresh reduction in its reference interest rate for loans linked to the European Central Bank’s (ECB) base rate, in direct response ...
European Central Bank policymakers hailed victory over runaway inflation on Friday even as some warned that it was now at risk of going too low, rekindling memories of anaemic price ...
Elon Musk’s SpaceX will record revenue of about $15.5 billion this year, the billionaire said this week, underscoring the rocket maker’s growing dominance in the commercial space sector.
The ...
Airbus (AIR.PA) delivered around 51 airplanes in May, industry sources said, down 4 per cent from the same month last year.
The tally brings deliveries so far this year to around 243 ...
British house prices in May were 3.5 per cent higher than a year earlier, monthly data from mortgage lender Nationwide showed this week, after an unexpected 0.5 per cent monthly increase largely ...
Toyota Motor (7203.T) will take forklift-maker Toyota Industries (6201.T) private in a $33 billion deal, the companies said this week, a landmark unwinding of cross-shareholding that is likely to strengthen the ...
Municipal carparks in Paralimni and Dherynia will be free of charge over the June 7 and 8 Kataklysmos flood festival and beachgoers will also have access to free high-speed WiFi.
However, Fig ...
A new chapter in Paphos’ tourism development began on Friday, with the signing of a contract to create the town’s new tourism information office.
The municipality of Paphos confirmed ...
For those looking to capitalize on the dynamic crypto market of 2025 identifying the best altcoins to buy now is essential. Cardano (ADA) Ripple (XRP) and Solana (SOL) continue to impress ...
June 2025 is shaping up to be a pivotal month for crypto investors hunting the best cryptocurrency to invest in. Leading the charge is Ripple (XRP) fueled by renewed optimism over ...
British Chancellor Rachel Reeves will divvy up more than 2 trillion pounds ($2.7 trillion) of public money between her ministerial colleagues on Wednesday, making choices that will define what the year-old Labour ...