Business

S&P Global Ratings has revised its outlook for Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from stable to positive. At the same time, the credit ...

PwC Cyprus announced on Thursday that, for the third consecutive year, the PwC Foundation awarded 14 scholarships to high-performing university students. In its announcement, the company said that it was “taking ...

The association of former shareholders of the Bank of Cyprus (BoC) has written to the House of Representatives urging that they be included in the 2025 budget of the national solidarity ...

Conditional approval has been given for the construction of two towers on Larnaca’s beachfront by an Israeli-owned business. While little is known about the company, named Solvin Ltd, it ...

The Central Bank of Cyprus (CBC) on Thursday announced that it has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 per cent. The CBC explained that, in accordance ...

Lordos Hotels (Holdings) Public Ltd announced on Thursday that it has approved a dividend of €0.04 per share, equivalent to 11.76 per cent of the nominal value of the share. The decision ...

Living standards in Britain look set to barely grow over the rest of the decade and poorer households are likely to suffer a drop, in part due to a welfare ...

Petrolina (Holdings) Public Ltd on Thursday announced that it expects improved financial performance for the first half of the year compared to the same period in 2024. The company stated that ...

Interest rates on both deposits and housing loans saw a general decline across Cypriot banks in April, according to detailed figures published this week by the Central Bank of Cyprus (...

The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts ...

Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...

Tesla’s (TSLA.O) new car sales in Europe fell 27.9 per cent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 per cent, with ...

Britain’s labour market is showing further slowdown signs, according to surveys published on Wednesday which pointed to below-inflation pay growth and a fall in job vacancies, especially for graduate-level ...

Pepe’s MVRV Z-score is flashing a rare signal, dipping into negative territory, hinting at whale capitulation. The meme coin dropped 3.3% in seven days, trailing the broader crypto market slump.  ...

A recent $320 million Solana (SOL) transfer to a new wallet has sent traders into alert mode. On-chain analysts are tracking the massive move, speculating whether it signals distribution, consolidation, or ...

Investors are eyeing the crypto market as Solana (SOL) nears a potential ETF approval, boosting its appeal, while Mutuum Finance (MUTM) gains traction in its presale phase. Bloomberg analysts predict ...

Avalanche (AVAX) is struggling to hold ground, trading just above a critical $18.50 support level after hitting a two-month low. Open Interest in AVAX derivatives has plummeted to a 30-day low ...

Oil prices climbed more than 1 per cent on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that showed US ...

Cypriot football club AEL Limassol on Wednesday announced the renewal and extension of its sponsorship agreement with IC Markets EU, confirming the brokerage firm as a gold sponsor until 2027. The ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for two series of bonds issued by AstroBank Public Company Limited, following the bank’s decision to proceed with ...

Pepe Coin (PEPE) has become one of the most popular meme coins, due to its loyal community and a market capitalization of almost $4 billion. However, a new competitor, Little Pepe ($...

The Cabinet on Wednesday approved a new €2.5 million scheme to promote the adoption of electric vehicles in Cyprus, according to Transport Minister Alexis Vafeades. He said the plan aims to ...

As the maritime world marked the Day of the Seafarer on June 25, Columbia Group chose to shine a light on one of the industry’s most pressing issues, harassment at ...

Demetra Holdings Plc reported a profit of €132.5 million for 2024 during its annual general meeting on June 24, with acting chairman Nearchos Ioannou addressing shareholders. Opening the meeting, Ioannou thanked shareholders for ...