Business

Microsoft announced in a blog post on Wednesday that certain hackers linked to a cyberespionage operation targeting its SharePoint servers have begun deploying ransomware. This shift suggests the spying campaign ...

Britain and India are set to formally sign a free trade agreement on Thursday during Prime Minister Narendra Modi’s UK visit, following three years of negotiations. The deal then ...

As the cryptocurrency market enters a new bull phase in 2025, Bitcoin is once again in the spotlight. Increasingly, everyday investors are shifting from “holding and hoping” to more stable, income-generating ...

The European Union collected more than €33 billion in VAT revenue during 2024 through its e-commerce VAT systems, according to new data published this week, underscoring the impact of its 2021 VAT reform ...

Limassol has emerged as the strongest performer for high-end house rentals in Cyprus’ residential property market, while Nicosia recorded the lowest average rents, according to a report released on Wednesday ...

Industrial production in the European Union grew at an average annual rate of 0.6 per cent between 2000 and 2024, according to new data highlighting the modest long-term performance of the sector. In ...

The Deputy Ministry of Tourism this week announced the launch of the nomination process for the Cyprus Hospitality Awards 2025, a national initiative that recognises and rewards excellence in the tourism ...

Ratings agency Moody’s reported a rise in second quarter profit on Wednesday, driven by robust gains in its data and analytics unit and an increase in government borrowing. Demand ...

Pay settlements by British private-sector employers held at 3 per cent in the three months to June, representing a pay cut in inflation-adjusted terms for many workers, according to a survey ...

Environmental tax revenue in the European Union reached €341.5 billion in 2023, reflecting a 2.1 per cent increase from the €334.6 billion recorded in 2022, according to data published on Wednesday by Eurostat. Despite the ...

Electricity demand in Cyprus exceeded all expectations on Wednesday afternoon, reaching a new yearly high of 1,211 megawatts at 2:15pm, according to updated figures from the Transmission System Operator (TSO). This ...

In the crowded world of cryptocurrencies, Cardano (ADA) and XRP (XRP) often dominate conversations with their established ecosystems and mainstream adoption. However, a fresh contender in decentralized finance (DeFi) is ...

The cryptocurrency world has been buzzing recently as Shiba Inu (SHIB) enjoyed a 7% surge fueled by passionate community support. While many eyes are on this popular memecoin, a quieter but ...

Aspiring entrepreneurs in Cyprus now have the chance to launch their startup dreams with support from the Research and Innovation Foundation (RIF), which on Wednesday launched its Future Founders Academy, ...

The crypto market is no stranger to exponential gains—especially in the early days of transformative DeFi projects. Investors who backed AAVE or INJ at their seed stage witnessed jaw-dropping 5...

J D Wetherspoon (JDW.L) reported a rise in sales in recent weeks since May as people flocked to pubs for beers and sparkling wines amid hot weather in Britain. ...

Japan’s trade agreement with the US could serve as the benchmark for many other deals currently being negotiated with Washington, and the global economy could just about support the 15 ...

Non-EU citizens in the European Union were more likely to work part-time in 2024 than EU nationals, underlining persistent disparities in employment patterns across citizenship groups, Eurostat data showed on Wednesday. ...

Limassol has emerged as the strongest performer for high-end house rentals in Cyprus’ residential property market, while Nicosia recorded the lowest average rents, according to a report released on Wednesday ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding two online platforms that are not authorised to provide investment services or perform investment activities under ...

The Bank of Cyprus (BoC) on Wednesday announced that it has issued 8,573 new shares to members of its general management under its short-term incentive plan, according to a formal information ...

Cyprus has achieved one of its most significant successes in informatics to date, with middle school student Mariza Paspalli winning gold at EGOI 2025, the Cyprus Computer Society announced on Wednesday. ...

Cypriot businessmen Costas Cleanthous and Charalambos Panayiotou, shareholders of fintech trading platform XM, have applied to the Central Bank of Cyprus (CBC) to acquire a majority stake in Ancoria Bank, ...

As Bitcoin (BTC) breaks through the $110,000 mark, the global cryptocurrency market is experiencing a new wave of enthusiasm, with its market cap exceeding $2.4 trillion, surpassing Amazon to become one of ...