Business

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for Hellenic Bank’s Tier 1 and Tier 2 Convertible Capital Securities, effective from Thursday, December 19, 2024. This decision follows Hellenic Bank’...

The Nasdaq Composite Index (.IXIC) hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest ...

Russia’s state oil firm Rosneft (ROSN.MM) has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance (RELI.NS) in the biggest ever ...

Headquartered in Cyprus with operations in London and Dubai, Consulco’s strategic approach in real estate and credit investments provides an appealing opportunity for HNWIs and institutional investors seeking resilient ...

The Cypriot government on Wednesday provided an update on its strategic campaign to improve the country’s reputation on the global stage. This effort is being spearheaded by Invest Cyprus ...

US consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next ...

Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed by the Prudential Regulation Authority, after it identified information gaps during ...

Disy and Akel on Wednesday were predictably on the opposite sides of the argument over the contentious ‘bank tax’ bill set to go to plenum on Thursday. Submitted by Akel, ...

OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China’s sputtering ...

As Cardano (ADA) and Ripple (XRP) show indications of peaking, investors are ready to find the next major altcoin to rule the charts. In anticipation of this, Rexas Finance (RXS) ...

What specific measures is Invest Cyprus currently taking to position Cyprus as a leading fintech hub? Our strategy for 2024-2026 focuses on three key areas: first establishing Cyprus as a ...

Government employment in Cyprus reached 55,243 people in November, according to the latest data from the state’s statistical service. This represents an increase compared to the average government workforce of 54,229 ...

The Finance Ministry on Wednesday announced that the Republic of Cyprus and the Sultanate of Oman have signed a double tax treaty. According to the ministry, the treaty, which was ...

CAPSBOLD, a creative marketing agency headquartered in Cyprus, and Tribe HR agency have joined forces this Christmas to support Sirius Dog Sanctuary, urging people to show love and care for ...

The government on Wednesday approved a scheme subsidising interest rates on housing loans, aimed at combating the impact of high interest rates and inflationary pressures. The cabinet’s decision said ...

President Donald Trump’s appointment of Paul Atkins as SEC head has raised discussions regarding cryptocurrency regulation. Atkins, a pro-crypto, may clarify the regulatory environment, creating tremendous growth chances for ...

The Bank of Cyprus on Wednesday announced that it has renewed its ‘Equality Employer’ certification, recognising its efforts to promote gender equality in the workplace. According to the announcement, the ...

Cyprus’ parliament this week approved a new law extending the interval for general property valuations from three to five years. The change aims to optimise resources and streamline operations within ...

Cyprus was represented at the annual general assembly of the European Community Shipowners’ Association (ECSA) and the meeting of its board, held on December 10 in Brussels. Representatives of the Cypriot ...

The Cypriot government on Wednesday provided an update on its strategic campaign to improve the country’s reputation on the global stage. This effort is being spearheaded by Invest Cyprus ...

Job vacancies have dried up faster in the United Kingdom than in other similar countries over the past year, recruitment platform Indeed said on Tuesday, adding to signs of a ...

The Association of Cyprus Banks on Tuesday expressed its readiness to adjust interest rates tied to the European Central Bank’s (ECB) base rate immediately after the ECB’s forthcoming ...

British shoppers faced increased pressure on their budgets in November after grocery price inflation edged higher for the third month in a row, industry data showed on Tuesday. Market researcher ...

Britain’s financial watchdog was accused in London’s High Court on Tuesday of unlawfully failing to help thousands of people excluded from a 2.2 billion-pound ($2.8 billion) bank redress scheme relating ...