Business

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €20,000 settlement with ZFN Europe Ltd in relation to a possible violation of the Investment Services and Activities and Regulated Markets ...

Bank of Cyprus Holdings Public Limited Company on Friday announced the repurchase of 295,526 of its own ordinary shares between April 25, 2025, and May 1, 2025. The shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the embassy of Hungary in Cyprus, will host a business-to-business (B2B) event highlighting innovative Hungarian technologies in agriculture ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of a public consultation for its upcoming funding programme titled “AI in Gov’t”. According to the announcement, the ...

Mastercard (MA.N) beat Wall Street estimates for first-quarter profit this week as customers kept up spending on its card network despite the economic uncertainty sparked by a global trade ...

The Bank of England is expected to lower interest rates by a quarter point on May 8 as US President Donald Trump’s tariffs darken the global growth outlook, and some ...

The International Monetary Fund has announced that it now expects Middle East and North Africa economies to grow by just 2.6 per cent in 2025 as uncertainties stemming from a global trade ...

Tesla (TSLA.O) chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement ...

Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with diversifying away from hydrocarbons. Real gross domestic product (...

Cardano (ADA) continues to set itself up as among top-ranking blockchain networks with ongoing evolution and forthcoming scalability enhancements, but its price performance remains firmly tied to broad market cycles. ...

The recent market shows that Cardano (ADA) has broken away from a 140-day downtrend indicating probable bullish price moves. ADA could reach $1 in 2025 based on market optimism and the ability ...

Back in 2021, Solana (SOL) stunned the crypto world by skyrocketing 17,100%, turning small investments into life-changing fortunes in months. What started as a promising Ethereum challenger quickly evolved into one of ...

A stablecoin launched by Donald Trump’s World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one ...

Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could raise production and data showing ...

Cyprus Seeds and The Cyprus Institute of Neurology & Genetics organized on April 29th 2025, an inspirational speech, “A Scientist Stepping into Entrepreneurship”, by Dr. Mary Lynne Hedley. The event, which ...

British house prices fell by 0.6 per cent in April, a sharper fall than forecast and their biggest monthly decline in more than 18 months, as a discount on property transactions ended, ...

The digital euro will serve as a complement to cash, not a replacement, and is designed to preserve the stability of the financial system while embracing innovation, said Stelios Georgakis, ...

The Index of Industrial Output Prices in Cyprus rose by 0.2 per cent in March 2025, reaching 121.9 units, based on 2021 as the reference year set at 100 points, according to official data released ...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

South Korean technology giant Samsung Electronics (005930.KS) warned on Wednesday US tariffs could cut demand for products such as smartphones, making it difficult to predict future performance. Samsung said it ...

Ethereum (ETH) is showing promising signs of a rebound, with analysts pointing to a potential return to the $4,000–$5,000 range as the upcoming Pectra Upgrade fuels renewed optimism. However, for investors ...

While much of the crypto market wavers under the weight of macroeconomic pressure and regulatory ambiguity, Mutuum Finance (MUTM) is quietly carving out a lane of clarity and confidence.  Investors ...

The US economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald ...