Business

The European Central Bank opted to keep interest rates stable on Thursday and hinted at an impending conclusion to its final bond purchase programme. This move marks the conclusion of ...

Hellenic Bank this week announced that its wealth and investment services division hosted a forum aimed at understanding the challenges and trends shaping the investment landscape, in an effort to ...

The number of job vacancies surged by 3,100 positions, marking a substantial 33.8 per cent increase during the third quarter of 2023, reaching a total of 12,274, compared to the same quarter in the ...

The Cyprus Association of Travel Agents (ACTA) this week announced its new administrative council for the term 2023-2026, appointing Harris Papacharalambous as the new president. In a statement released following ...

Public sector employment in Cyprus experienced a notable fluctuation during the third quarter of 2023, with an increase of 1,878 individuals compared to the same period in 2022, according to a report released ...

Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast (CMCSA.O) and Walt ...

Warner Bros Discovery (WBD.O) said on Tuesday that music streaming giant Spotify (SPOT.N) would host the media conglomerate’s podcasts as part of its monetization drive. Spotify’s ...

Passenger traffic at airports exceeded the total traffic of the entire pre-pandemic year of 2019, reaping benefits for Cyprus’ economy and tourism, Transport Minister Alexis Vafeades said on Friday. The minister ...

National flag carrier Cyprus Airways this week announced that despite prevailing geo-political tensions in the Middle East, it still managed to record a growth in revenue in November 2023. According to ...

Members of the House energy and trade committee on Friday visited the industrial area of Ayios Tychonas in Limassol after receiving repeated complaints from business owners working in the area ...

Companies in Britain’s services sector saw another pick-up in growth this month, suggesting the economy can avoid a recession for now at least, according to a survey published a ...

The best performing hedge funds are falling victim to their own success as institutional investors such as pension funds and university endowments cut back their most profitable positions to make ...

The Republic of Cyprus on Friday announced that its financial needs for the upcoming year amount to €1.3 billion, with the majority of that sum covered by an international issuance totalling €1 ...

Ratings agency S&P Global this week announced a one-notch upgrade in the long-term credit rating of the Bank of Cyprus (BoC) to “BB” from “BB-,” with a positive ...

Crypto whales, individuals or entities holding significant amounts of cryptocurrencies, often play a pivotal role in market trends and investment strategies. Here’s an overview of what some crypto whales ...

Six shirts worn by Lionel Messi during Argentina’s triumphant run at the 2022 World Cup were sold for $7.8 million at an auction in New York on Thursday. Auction house Sotheby’...

Cyprus’ Research and Innovation Foundation (RIF) on Thursday announced the launch of a new programme, aimed at introducing specialised, scientific talent to Cypriot businesses, with the ultimate objective being to ...

Consulting and advisory firm PwC Cyprus on Thursday announced that it recently hosted an ACA Award Ceremony at its Experience Centre. According to the announcement, the event recognised the academic ...

Britain’s property market saw some recovery in November as a surge in mortgage rates eased, but surveyors remain cautious about the year ahead, an industry survey showed on Thursday, ...

Coinbase (COIN.O) will start offering spot crypto trading services on its international exchange from Thursday, the company said, as it expands beyond the US. Spot trading on the international ...

Cyprus will on Friday submit a formal request for the second and third tranche of payments from the EU’s Recovery and Resilience Facility (RRF) which once granted will bring ...

The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond purchase scheme, wrapping up a decade-long experiment in ...

The European Banking Authority (EBA) released its annual assessment of European banking risks this week, revealing the ranking of Cypriot banks concerning interest payments on household deposits and their capital ...

Cyprus’ banking system witnessed a further decline in non-performing loans (NPLs) at the end of September 2023, dropping to €2.02 billion from €2.08 billion in August, reflecting an ongoing trend of improvement, according ...