Business

Just over a sixth of Cypriot electricity consumption came from renewable energy sources in 2022, it was learned on Wednesday. The exact figure, 17.2 per cent, was included in a report handed ...

Cyprus experienced an upturn in its economic climate in November 2023, compared to October, primarily attributed to the service and construction sectors, according to a study conducted by the University of ...

At this point, many market analysts have agreed that 2023 will mark the beginning of another bull market. Although we’re only in the early stages, Meme Moguls, BNB, and Toncoin ...

The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report released on Wednesday by Cypriot firm Ask Wire. Ask Wire, a firm that ...

Bank of England Governor Andrew Bailey said on Wednesday that the central bank “will do what it takes” to get inflation down to its 2 per cent target, adding that he ...

In anticipation of next year’s halving, Bitcoin’s (BTC) hash rate hit another all-time high. Miner revenue also surged, reaching a level last seen in April 2022. In other news, ...

Warren Buffett’s trusted confidante Charlie Munger died on Tuesday at age 99, leaving a void at Berkshire Hathaway (BRKa.N) that investors said would be impossible to fill despite the ...

Once a North Korean experiment in limited capitalism, the Rason Special Economic Zone appears to be the epicentre of the isolated country’s growing cooperation with Russia, experts say, including ...

Despite the recent bullish sentiment in the crypto markets, top altcoins like ADA and TIA have failed to impress investors with their performance. Amid this upheaval, Rebel Satoshi, an upcoming ...

Oil edged higher on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output policy in the coming months, while a supply disruption caused by a ...

In the world of cryptocurrencies, investors are on the lookout for the next big opportunity. Today, we delve into the unfolding narratives of Stellar (XLM) and Monero (XMR), exploring their ...

In a bid to bolster its international presence and promote Cypriot goods in foreign markets, Cyprus participated in the FHC Shanghai 2023 International Food and Beverage Exhibition and the PROWINE Shanghai 2023 ...

The Research and Innovation Foundation (RIF) this week announced two new sponsorship programmes aimed at bolstering the energy sector and facilitating the green transition in Cyprus. According to a press ...

The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs, especially for the young and highly-skilled, research published by the European Central Bank ...

Shoppers at British store chains have seen the slowest increase in prices in almost a year and a half but retailers might struggle to keep inflation on its downward path, ...

Volkswagen’s (VOWG_p.DE) 10 billion euro ($10.9 billion) savings programme will include staff reductions, managers told staff this week, as brand chief Thomas Schaefer warned that high costs and low ...

Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the remarks during the ...

Non-profit technology organisation TechIsland and Adsterra on Tuesday announced the inauguration of the Women in Tech® Cyprus Chapter, an initiative poised to empower women in technology. According to the announcement, ...

The Central Bank of Cyprus on Tuesday released its Monetary Financial Institutions (MFIs) deposits and loans statistics for October 2023, revealing a decrease in both deposits and loans during this period. ...

CBC governor Constantinos Herodotou on Tuesday underscored the evolving European economy’s nuances and the impacts of prevailing monetary policies, during a conference hosted by the Central Bank of Cyprus ...

Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according ...

Both Algorand and Cardano have shown an uptick in price and adoption recently. Meme Moguls is a new project that has a lot of potential, with experts predicting a 100x ...

A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for some time to defeat inflation, a message echoed by fellow policymakers from Australia ...

It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have found a new lease of life after a year ...