Business

The upward trajectory of property prices in Cyprus over recent years, driven notably by the rising cost of construction materials and increased demand, has prompted concerns among experts, including Marinos ...

During a meeting held this week in New York, Cyprus President Nikos Christodoulides engaged in discussions with the leadership of Ernst and Young, headed by Julie Linn Teigland, Managing Partner ...

Cyprus is dedicated to a dual green and digital transformation, with clear objectives aligned with EU priorities, according to a statement released on Thursday by Deputy Minister of Research, Innovation, ...

By Maria Demertzis At the heart of the EU’s legitimacy as an institution is its treaties. These agreements on what Europeans need to do together to achieve common goals ...

Cryptocurrency usage is growing in Nigeria as Africa’s largest economy grapples with a weakening currency and soaring inflation, New York-based blockchain research firm Chainalysis said in a report this ...

House president Annita Demetriou met on Friday with the new Accountant-general Andreas Antoniades. At the meeting, she “declared her readiness to strengthen the cooperation between parliament and the General Accounting ...

Europe is set for a recession and we must have a strong economy to combat it, Trade and Energy Minister Giorgos Papanastasiou told CyBC on Friday. His warning came when ...

British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country’s consumers were mostly coping with the ...

British companies endured a much tougher September than feared, marked by growing unemployment and recession risks, according to a survey on Friday that underlined why the Bank of England halted ...

Invest Cyprus on Friday released a statement outlining the targeted actions that it has taken to attract investments in the tourism and hospitality sector, within the context of its successful ...

While 2023 may have entered its last quarter, it is far from over in the crypto market as investors look to position themselves for massive ROIs in the year’s remaining ...

Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further US interest rate hikes could dent demand, but ...

The crypto market, albeit known for its volatility, can still surprise with its ability to create both exhilarating rallies and astounding dumps. The recent events surrounding Arbitrum ($ARB) have sent ...

Turkey’s central bank raised its key interest rate by a lofty 500 basis points to 30 per cent on Thursday, marking a second month of aggressive tightening after President Tayyip Erdogan ...

Larnaca port is investing in cruise destinations in the Eastern Mediterranean, it announced on Friday with the goal of attracting tourists from new markets and offering them upgraded tourist experiences. ...

When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp (NWSA.O) Thursday, the announcement put to rest immediate questions about ...

The Cypriot banking sector managed to bolster its resilience in 2023, despite recent economic and geopolitical events, according to Constantinos Herodotou, the governor of the Central Bank of Cyprus. Speaking at ...

An initiative by the Bank of Cyprus aimed at bolstering efforts to protect borrowers and first homes was discussed on Monday during a meeting of the bank’s leadership, led ...

Travel boom has delivered bumper earnings for US carriers, but no-frills airlines such as Frontier (ULCC.O) and Spirit (SAVE.N) are struggling to return to sustainable profitability. That has ...

Ryanair (RYA.I) said on Thursday it will cut 17 routes from its winter schedule at Dublin airport and move all 19 of its new Boeing 737 MAX planes to other European airports ...

The government is “constantly taking measures” in the battle against inflation rates, according to Finance Minister Makis Keravnos. Speaking after a meeting with the Association for the protection of borrowers (...

Rupert Murdoch has told employees at Fox Corp and News Corp that the companies were “in robust health, as am I” as he announced he was stepping down as the ...

The Bank of England halted its long run of interest rate increases on Thursday as the British economy slowed, but said it was not taking a recent fall in inflation ...

Countries addressing a climate summit during the U.N. General Assembly criticised big polluters for not doing more to tackle global warming, and the U.N. Secretary-General Antonio Guterres said ...