Business

An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe’s ...

The Central Bank of Cyprus (CBC) this week released a report noting that a total of 36 bounced checks were issued during October 2023, amounting to €566,732. Among them, 21 individuals, comprising 14 legal entities ...

Sony’s (6758.T) operating profit fell 29 per cent in the July-September quarter as the company was hit by a weaker performance at its image sensor and financial divisions. Profit for ...

Coca Cola HBC said on Wednesday it was temporarily withdrawing batches of two soft drinks from sale in Croatia while the authorities there investigate cases of illness suspected to have ...

The house plenum ratified on Thursday the framework agreement for the accession of Cyprus to the International Solar Alliance. Forty-one MPs voted in favour, while four MPs voted against, and ...

Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline, three industry sources told Reuters ...

Cypriot firm Ask Wire, a technology-informed real estate company, on Thursday released its quarterly report for the local property market. The report indicated a mixed outlook for the real estate ...

Energy Minister George Papanastasiou on Thursday presented the €30 million scheme aiming to increase the use of photovoltaic panels in Cyprus which will in turn reduce home electricity bills. The revised ...

Deputy Minister of Tourism Kostas Koumis on Thursday expressed great satisfaction with the outcomes of the meetings held during this week in London, in the context of the annual World ...

In the two years before the war in Ukraine, a private Boeing 737 linked to Russian oligarch Vladimir Yevtushenkov criss-crossed the globe, taking in the French Riviera, the Maldives and Seychelles ...

The International Monetary Fund has hardened its view on how Argentina is running a $44 billion loan programme that has gone off track ahead of the country’s key presidential vote ...

The euro held onto a 15-year high against the yen and inched higher on the dollar on Thursday, following hawkish remarks from European policymakers and the prospect of falling energy ...

A court decision awarding over €780,000 to a depositor who lost his Laiki Bank savings due to the 2013 ‘haircut’ ignited a wave of reactions on Thursday, with the attorney general’s ...

The European subsidiary of Russia’s VTB (VTBR.MM) is changing its name after its parent refused to allow it to operate under the brand, an executive told Reuters. The ...

President Nikos Christodoulides will take part on Thursday in an atypical international humanitarian conference in Paris on means of providing aid to civilians in Gaza. He is expected to present ...

Cyprus has seen a 7.3 per cent reduction in the number of building permits issued during the first eight months of 2023 when compared to the same period the previous year, according ...

Cyprus has witnessed a significant upswing in vehicle registrations, with a remarkable 32.5 per cent annual increase during the first ten months of 2023, compared to the same period in 2022, according to ...

British retailer Marks & Spencer reported a much better-than-expected 75 per cent rise in first-half profit and restored its dividend but cautioned the combination of high borrowing costs, erratic weather and ...

France’s Renault (RENA.PA) has cut its stake in Nissan (7201.T) to 15 per cent from about 43 per cent by placing 28.4 per cent of the Japanese automaker in a French ...

Experts gathered to address the challenges faced by consumers in the new digital age and during the green and digital transition at a conference on Wednesday. The event commenced with ...

Invest Cyprus president Evgenios Evgeniou on Wednesday called on the Cypriot business community to put forth ideas aimed at attracting foreign investment, which are in line with the priorities of ...

In the dynamic landscape of business, growth is not merely a goal; it’s a necessity for long-term success. However, the path to expansion is fraught with challenges, and one ...

Israel’s Newmed Energy LP announced on Wednesday that the final decisions regarding the development of the ‘Aphrodite’ gas field will be made on November 20. The company also said that ...

Council suggests a unified housing policy, state land utilisation, and various incentives to address the ongoing housing affordability issue. The Cyprus Economy and Competitiveness Council (Soak) on Wednesday submitted a ...