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.
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 ...
Every tenancy, either contractual or statutory, creates rights and obligations both to the landlord and the tenant arising on the basis of the terms of their agreement, which may be ...
Oil prices ticked up slightly on Monday following the widely expected extension of voluntary output cuts by the OPEC+ producer group on Sunday.
Brent futures climbed 14 cents to $83.69 a barrel ...
In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban ...
Infocredit Group, based in Cyprus, has clinched the ‘Best KYC Solution 2024’ title at the Sigma Eurasia Awards for the second year running.
According to an announcement released by the firm, ...
Consulting and advisory firm PwC Cyprus recently presented its annual report for the Cypriot real estate market, which includes important information about the sector’s performance in 2023.
The presentation took ...
A new generation of commercial electric vehicles is emerging to reduce air pollution and congestion in urban areas.
By Karen McHugh
At the end of January 2024, keen-eyed residents of the ...
Improved cybersecurity defences for electronic commerce have emerged from EU-funded projects.
By Tom Cassauwers
What do a Greek pharmacy, a Spanish multinational bank, a German foundation specialised in the digital ...
Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector just as ...