Business

The Computation-based Science and Technology Research Centre (CaSToRC) at The Cyprus Institute organised an important ‘industry day’ on January 16, 2024, as part of the EUROCC2 project, according to a statement released ...

The launch of the India-Middle East-Europe Economic Corridor (IMEC), an initiative that aims to bolster economic development between Asia, the Persian Gulf and Europe, has the potential to provide opportunities ...

London remains the world’s top financial centre as New York slips into second place, after tying with the UK capital last year, the City of London Corporation’s own ...

Low cost air carrier Wizz Air on Monday announced that it recorded a significant surge in its Cypriot passenger numbers in 2023, with a remarkable 71 per cent increase compared to the ...

SkyBridge Capital founder Anthony Scaramucci believes the current dip being experienced in the BTC market has been partly triggered by the liquidation of Grayscale Bitcoin Trust shares, given that the ...

Oil seesawed between modest falls and gains on Wednesday as traders weighed the impact on prices stemming from escalating geopolitical tensions, concerns over tepid demand and a stronger dollar. The ...

TechIsland, the largest tech association in Cyprus, on Wednesday released a statement announcing the return of its workshop series, “Startup School”, which is part of the TechIsland Academy and aims ...

The recent launch of spot ETFs has sent the crypto sector into a tizzy. The Bitcoin ETFs were launched in January following approval from the US Securities Exchange Commission. Following ...

Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and US retailers used to build more resilient supply chains following disruptions during ...

The Human Resource Development Authority of Cyprus (Anad) on Tuesday outlined its strategic objectives for the years 2024 to 2026, saying that its focus is on the continuous and lifelong learning of ...

Freedom Finance Europe recently announced that it continues to improve the conditions for its clients to keep free cash on the Freedom 24 investment platform, with the interest paid on the ...

Associated British Foods (ABF.L), opens new tab said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, hurt by unseasonal warm weather at the start ...

It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with only a slim majority of economists ...

The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that ...

Traffic at Greek airports reached a record of 72.6 million passengers in 2023, the Civil Aviation Authoritiy (CAA) said on Tuesday, as the country’s all-important tourism industry recovered from the impact ...

Cyprus-based proptech startup Movingdoors, which provides tech-enabled serviced apartments, this week announced the successful closure of its recent seed funding round, raising a total amount of €1.163 million with Uni.fund, ...

By Iole Damaskinos and Elias Hazou There is great value for the Cyprus electricity market in establishing the mooted subsea power cable connecting Cyprus, Greece and Israel – the Great Sea ...

PwC Cyprus hosted a breakfast event titled ‘Setting Sail for Success in the Shipping Sector’ on January 23, bringing together leaders from the Cyprus shipping industry to address critical challenges and ...

Cyprus Deputy Minister of Shipping Marina Hadjimanolis held discussions with top executives of Royal Caribbean in Miami during the previous week, presenting the competitive advantages and services offered by ship ...

Cyprus’ Composite Leading Economic Index (CLEI), a key economic indicator compiled by the University of Cyprus’ Economic Research Centre (CypERC), remained positive in the fourth quarter of 2023, albeit while experiencing ...

US tech giant Apple (AAPL.O), opens new tab has paid a Russian fine of 1.2 billion roubles ($13.65 million), imposed over the company’s alleged abuse of its dominant market position ...

British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain’s port ...

Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast. Investors have embraced 11 US ...

Cyprus Finance Minister Makis Keravnos met with the newly elected president of the Cyprus Chamber of Commerce and Industry (Keve), Stavros Stavrou, to address economic challenges amid geopolitical uncertainty. Discussions ...