Business

China’s Xiaomi this week reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off. ...

Tesla (TSLA.O) has been testing driverless Model Y cars in Austin, Texas and aims to deliver the first unit in June, CEO Elon Musk said this week, amid buzz ...

In 2021, Avalanche (AVAX) shocked the crypto world by soaring from under $5 to $150 within a single year. It was a defining example of how early-stage blockchain infrastructure projects can produce life-changing ...

Energy Minister George Papanastasiou on Friday said he is unsure whether the opening of Cyprus’ electricity grid to private companies will lower people’s electricity bills. Speaking to the Cyprus ...

Dogecoin (DOGE) to $1 alongside this cheap cryptocurrency sparks intrigue in the crypto market.  Dogecoin, trading at $0.2239, shows promising signals with a TD Sequential buy indicator on its hourly chart, hinting ...

Mutuum Finance (MUTM) has entered the DeFi arena with a unique approach and unstoppable momentum. In just a few weeks, its token price has surged from $0.01 in Phase 1 to $0.03 in ...

Total deposits in Cyprus recorded a net increase of €492.9 million in April 2025, compared to a net decrease of €66.3 million in March 2025, according to statistics published by the Central Bank of ...

Cyprus recorded a general government surplus of €646.8 million in the first four months of 2025, according to preliminary fiscal data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus ...

Mining and quarrying recorded the strongest increase in output prices in April 2025, rising by 7.4 per cent year-on-year, while water supply and materials recovery saw the sharpest drop, down by 5.3 per ...

Cypriot maritime technology firm Tototheo Global was among the international companies participating in Asia Tech x Singapore 2025, one of the region’s leading technology events, held from May 27 to 29 at ...

Sony’s CEO said on Thursday the spin-off of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spin-off, ...

Cyprus’ industrial production index rose by 1.9 per cent in March 2025 compared with the same month last year, according to data released by the Cyprus Statistical Service (Cystat). The index reached 109.8 ...

The Daleela ferry resumes its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer. Now in its fourth consecutive season, the passenger ...

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data ...

Germany is considering a 10 per cent tax on large online platforms like Alphabet’s Google (GOOGL.O) and Meta’s Facebook (META.O), its new culture minister told magazine Stern, ...

European shares are expected to rise slightly by the end of 2025 before scaling new heights in 2026, boosted by monetary easing and higher fiscal spending, but tariff and trade uncertainties are ...

In a market overflowing with tokens that promise innovation, only a few deliver real utility, solid technology, and long-term value. Among the sea of altcoins, Avalanche (AVAX), Cardano (ADA), and ...

The crypto market is heating up again, and while meme coins are enjoying their usual hype, smart investors are shifting their focus to projects that offer real value. One project ...

Hellenic Bank will officially adopt the name Eurobank Limited following its legal consolidation with Eurobank Cyprus, according to a decision by the board of directors on May 27. The change will ...

Back in 2021, investors watched Polygon (MATIC) surge from just $0.01 to over $2.50—a mind-blowing 250x return that turned early believers into millionaires. Those who saw the opportunity in its early development ...

Unemployment in Cyprus stood at 5 per cent in the first quarter of 2025, according to a report published by the Cyprus Statistical Service (Cystat) on Thursday. The number of unemployed people ...

Global air cargo demand rose by 5.8 per cent in April 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Capacity, measured ...

Vizus Group has been transforming the island’s real estate landscape over the past few years. With successful and innovative projects such as Parkside Residence, Hortensia, Urban City, and Malibu, ...

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data ...