Business

The Nicosia tourism development board (Etap) will play a central role in a ground-breaking initiative aimed at sustainable hospitality education across Europe, the company announced on Monday. In a press ...

International credit rating agency Moody’s has given a positive assessment on the mooted move by Hellenic Bank to acquire the operations of CNP Insurance in Cyprus and Greece, stating ...

Boeing (BA.N) on Monday tapped debt markets to raise $10 billion, after the US planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling ...

McDonald’s (MCD.N) is set to report a sequential drop in sales growth for the fourth straight quarter as low-income consumers remain hesitant about eating out even as fast-food ...

International credit rating agency Moody’s has given a positive assessment on the mooted move by Hellenic Bank to acquire the operations of CNP Insurance in Cyprus and Greece, stating ...

Economic sentiment in Cyprus improved marginally in April, with the Economic Sentiment Indicator (ESI) increasing by 0.8 points compared to March 2024, according to a report by the University of Cyprus’ Economic ...

Alphabet (GOOGL.O) unit Google recently announced that it would invest $3 billion to set up a data centre campus in Indiana and expand sites in Virginia. A boom in artificial ...

The cost of the top ten most expensive property sales transactions completed in March amounted to €48.1 million, with the most expensive transaction being an office building in Potamos Germasogeia in ...

Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue last week, with half of its growth coming from higher ...

Given the developments in Malta, Innovate Change Casino and similar entities are to operate in a newly created environment marked by a regulatory overhaul and also strive to attain regulatory ...

The Cyprus Chamber of Commerce & Industry (Keve) is set to host a funded seminar titled “Unlocking Strategic Value: Leveraging Data Science to Increase Business Profitability” on May 22-23, 2024, at ...

Making hard and fast decisions is not always an easy task. Oftentimes we make decisions depending fully on our emotions. Sometimes our decisions are fruitful, and bring good results for ...

Deutsche Bank (DBKGn.DE) shares were 5.5 per cent lower in early trade on Monday after news that Germany’s largest lender could be on the hook for up to 1.3 billion ...

The finance ministry has “achieved all of its goals” since the current government came to power in February last year, Minister Makis Keravnos said on Monday. Evaluating the first year ...

Cyprus was recently given a vote of confidence at the recently held ‘Cyprus: the New Global Tech & Innovation Hub Summit’, with a panel of industry experts underscoring the country’...

The Deputy Ministry of Shipping on Monday released a statement recapping minister Marina Hadjimanolis’ visit to China, where she held meetings with executives from shipping companies, brokerage firms, financial institutions, ...

Cyprus Stock Exchange senior officer Eliza Stasopoulou recently released a piece of analysis underlining how important it is for companies to implement corporate governance and social responsibility policies. She noted ...

The changes made in the Sale of Immovable Property (Specific Performance) law serve to the maximum extent the buyer of a property who files his sale contract at the Land ...

The demand for business loans in Cyprus is decreasing due to high interest rates, with bankers, however, estimating that the anticipated interest rate cut from the summer onwards is expected ...

Monday marked the 97th anniversary of the establishment of the Cyprus Chamber of Commerce & Industry (Keve), an institution that has played a key role in shaping the island nation’...

Adonis Hadjigeorgiou, a doctoral student at the University of Cyprus, recently showcased an innovative piece of technology called InvasiCell at the Tahko Ski Lift Pitch startup event in Kuopio, Finland. ...

The Cyprus Shipping Chamber (CSC) recently announced that it welcomed the adoption of the Net-Zero Industry Act proposal by the European Parliament. As explained by the European Commission, the Net-Zero ...

Cypriot lender AstroBank has announced the launch of the three-year AstroBank Target Maturity Fund 2027, which aims to capitalise on the current bond yield environment. In its announcement, the company explained ...

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and ...