Business

Saudi Arabia and the United States are discussing a deal to cooperate on the kingdom’s ambitions to develop a civil nuclear industry, talks that have long been complicated by ...

Dutch healthcare technology company Philips (PHG.AS has cut its profit margin forecast for 2025, citing a net impact from tariffs of between 250 and 300 million euros ($283 million-$340 million) despite “substantial tariff ...

Growth in the UAE’s non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as firms sought to reduce workloads and support new ...

Volvo Cars this week reported an 11 per cent decrease in April sales to 58,881 cars from a year earlier, sending its shares down. Volvo Cars, which is majority-owned by China’s ...

Eurobank Holdings on Friday posted total net profits of €314 million for the first quarter of 2025, marking a 9.4 per cent increase compared to the same period in 2024. The bank announced that ...

MP Alexandra Attalides submitted on Friday a bill aiming to strengthen protections for borrowers and improve transparency in Cyprus’ banking and credit sector. The proposal, announced by the political party ...

Top analysts note that Mutuum Finance (MUTM) has a parallel growth trajectory to Ripple (XRP) from 2017 where XRP rose from $0.006 to $3.84 while delivering 63,900% ROI for initiating investors. XRP maintained a ...

Ethereum maintains center stage at $1,800 and its trading volume reaches $10.3 billion. Analysts predict ETH will exceed $10,000 in 2025 as Vitalik Buterin aims to create an efficient blockchain protocol. Investors are finding ...

For the 1-day chart analysis ADA stands between the Bollinger Bands while the RSI score at 45.62 points to mild optimistic conditions. The blockchain platform released in 2017 by Charles Hoskinson enables ...

The European Union will make a “big push” towards a capital markets union, which experts says would free up funds to finance defence spending as well as digital and green ...

Trading of Hellenic Bank Public Company Ltd shares will be suspended from Thursday, May 15, 2025, following the exercise of a squeeze-out right by Eurobank S.A. The move comes after the ...

Electric and hybrid cars are making up an increasing share of new vehicle registrations in Cyprus, even as total registrations continue to decline. Between January and April 2025, electric vehicles accounted ...

Cyprus is expecting a record number of arrivals from Romania this year, Deputy Minister of Tourism Kostas Koumis said during a visit to Bucharest. Koumis travelled to the Romanian capital ...

The Cyprus Forum will return to London on May 22, according to an announcement released on Friday. The event will bring together diplomats, academics, journalists and civil society leaders for a ...

Ermes Department Stores Plc has reached an agreement to transfer the operations of its four ERA department stores to Gencom Ltd, a Nicosia-based company, for a nominal sum of €1. The ...

The Bank of Cyprus Holdings Public Limited Company on Friday announced that it purchased a total of 374,923 of its own ordinary shares between May 2 and May 8, 2025. The shares, each with ...

A majority of Cypriots are concerned that artificial intelligence could threaten the cultural sector and the livelihoods of artists, echoing widespread concerns across the EU, according to a new Eurobarometer ...

The Paphos Chamber of Commerce and Industry (Evep) has called for “urgent and coordinated” state support to implement major infrastructure projects and advance the strategic development of the city and ...

A new residential landmark is taking shape in Limassol. Sunrock Residences, developed by Blue Reef Developments, brings together architectural elegance, wellness-focused design, and panoramic views across the sea, city and ...

The Motor Vehicle Importers and Electric Vehicle Association (Semio) this week issued an urgent appeal to the Transport Ministry, requesting immediate action to resolve the ongoing problems surrounding electric vehicle (...

From the very first day it opened for business in Cyprus, and up to the present time, Lidl Cyprus has not only managed to change the way we shop – it ...

Investors are betting on long-depressed UK markets as a US trade deal, rate cuts and hopes for renewed links with Europe spur optimism for a revival as they search for ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to ...

Hellenic Bank on Thursday reported a profit of €45 million for the first quarter of 2025, with the bank saying that this underscores the strength of its business model. Moreover, the bank ...