Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
A stronger-than-expected US economy is buoying the dollar, frustrating investors who had bet the currency would wilt under a barrage of interest rate cuts that have yet to materialize.
The ...
Sterling’s meandering performance against the dollar could get a jolt this week as Britain’s finance minister faces pressure to cut taxes, but with the gilt turmoil of September 2022 ...
Cyprus saw a substantial 47 per cent increase in the issuance of new loans during the first month of the year, according to a report released this week by the Central ...
International investment company XM this week announced its active involvement in supporting education and skills development through a sponsorship agreement with ARIS (A Really Inspiring Space), allowing the company to ...
The European Central Bank meets on Thursday, with markets eyeing any nudge towards an interest rate cut as inflation weakens.
The ECB, expected to hold rates at a record 4 per ...
Japanese automaker Toyota (7203.T) will announce on Tuesday an 11 billion real ($2.2 billion) investment for the next few years in Brazil, the South American country’s vice-president said on Sunday.
Toyota ...
With the participation of dozens of students, the 15th Informatics Day was successfully held for Middle and High School, Private Education, and Technical School students, from Famagusta, Larnaca, Limassol, and ...
The Swiss National Bank (SNBN.S) posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as the switch to positive interest rates cost ...
Spain’s Banco Santander SA (SAN.MC) has cut roughly 320 jobs in the US as it seeks to focus more on digital operations, Bloomberg News reported on Sunday citing a ...
Authorities in Cyprus risk losing out on EU funds unless they quickly come to a final arrangement concerning the purchase and installation of smart meters, the boss at the Electricity ...
The Central Bank of Cyprus (CBC) on Monday released a report revealing a decline in deposit interest rates in January 2024, alongside a mixed picture in interest rates for key loan ...
For the second consecutive year, the University of Nicosia and Junior Achievement Cyprus co-organised the World Conference on Business Education, with the theme “Development of Business Skills”.
This event took ...
Celestyal Cruises and the Cyprus Maritime Academy on Monday announced the signing of a Memorandum of Understanding, marking a significant collaboration in the realm of maritime education.
Under this agreement, ...
The world of cryptocurrency is abuzz with anticipation as the Securities and Exchange Commission (SEC) prepares to make a crucial decision regarding trading Bitcoin exchange-traded fund (ETF) options. Simultaneously, excitement ...
The latest black eye for Boeing’s top-selling 737 MAX aircraft occurred in January when a cabin panel blowout forced an Alaska Airlines (ALK.N) flight to make an emergency landing.
...
Deputy Minister of Shipping Marina Hadjimanolis will be conducting visits to Athens and Brussels this week, according to an official announcement by her ministry released on Monday.
The announcement stated ...
TLDR
Coinbase temporarily halted service amid the crypto market’s rise and Bitcoin’s explosive growth.
Optimism gears up to blow past its ATH following a remarkable rally.
NuggetRush becomes ...
The University of Cyprus, in collaboration with the Commission for the Protection of Competition, is set to host an event titled “Cyprus Conference on Competition Law: Key Trends and Developments” ...
Turkey’s annual inflation rate climbed to 67.07 per cent in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, ...
Executive Manager of the Paphos Regional Tourism Board (Etap) Nasos Hadjigeorgiou has expressed cautious optimism about this year’s winter tourist season, despite acknowledging challenges and fluctuations in reservations from ...
Imagine yourself in a financial bind, needing quick cash to cover an unexpected expense. This scenario, all too common, leaves many people considering an option typically considered as a last ...
Chair of the Single Resolution Board Dominique Laboureix has commended Cypriot banks for their progress in aligning with the Minimum Requirements for Own Funds and Eligible Liabilities (MREL).
It should ...
Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.
It touched $64,285 early in the Asian day, its highest ...
When you think of a new home, what comes to mind? A traditional house in the suburbs, an apartment in the city, or perhaps a villa on the coast? If ...