Business

Finance Minister Makis Keravnos expressed concerns that the tensions in the Red Sea could fuel more inflation. Speaking to CNA from Brussels, where he attended sessions of the Eurozone Finance ...

Energy Minister, George Papanastasiou, said that integrating RES into conventional power generation was vital for reducing energy costs. “The way ahead is now green,” said Papanastasiou explaining that “the cost ...

Toyota Motor (7203.T) plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday. Toyota is preparing to ...

We’ve all been there. A sudden unexpected expense pops up, or perhaps a layoff or illness has drastically reduced your income. During these stressful times, it can be tempting ...

Cyprus ranked sixth among the most searched travel destinations for Britons in 2023, according to data released by Google. Topping the list is Greece, followed by Spain, Italy, Portugal and Croatia ...

Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting Group ...

Greece has begun preparations for the sale of 30 per cent stake in Athens International Airport through an initial public offering (IPO) and separate agreements with shareholders AviaAlliance and the Copelouzos ...

Cyprus Statistical Service (Cystat) reported a 1.5 per cent annual increase in total beer sales for 2023, on Monday, January 15. The total beer deliveries for the year reached 42.13 million litres, a slight ...

Despite the challenges posed by the ongoing conflict in Gaza and in Ukraine, the number of foreign tourists expected to visit Cyprus in 2024 will be very similar to 2023, if not ...

Mafia on both sides of the divide in Cyprus seem to be cooperating in selling off Greek Cypriot properties in the north to foreigners, HP party leader Kudret Ozersay said ...

Two newly-built Japanese cargo ships that will fly the Cyprus flag were officially named by Deputy Shipping Minister Marina Hadjimanoli during her recent trip to Japan, while more are expected ...

Banks in Cyprus and Hungary are the most profitable for shareholders, the European Banking Authority (EBA) said on Friday, regarding the risk of Eurozone banks. As of the end of ...

Microsoft (MSFT.O) on Thursday briefly overtook Apple (AAPL.O) as the world’s most valuable company for the first time since 2021 after the iPhone maker’s shares made a ...

A notable upswing in the adoption of eco-friendly vehicles was seen in 2023 Cyprus, the Cyprus Statistical Service (CSS) said on Monday. In total, passenger saloon registrations reached 36,608, a slight dip ...

Fuel prices saw a marginal decrease over the past week, contrary to expectations that accompanied the reduction in the consumption tax rates for motor fuels. The reduced tax rates, effective ...

U.S. Secretary of State Antony Blinken, French President Emmanuel Macron and key Middle East leaders are slated to attend next week’s World Economic Forum, putting talks to end ...

Sterling was little changed on Friday, not far off its highest level in five months, after data showed British growth beat expectations in November but remained subdued over the last ...

Finance Minister Makis Keravnos is in Brussels where he will participate on Monday and Tuesday in the meetings of the Eurogroup and the EU council of finance ministers (Ecofin). At ...

BlackRock (BLK.N) said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management. ...

Crypto asset manager Bitwise said on Friday that $240 million flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. The U....

Mercedes-Benz (MBGn.DE) launched a new virtual assistant at the CES electronics trade fair on Monday capable of providing context-based suggestions and engaging in dialogue with users, signalling another step ...

The most important thing for the real economy is to reduce non-performing loans as they have in the banking sector so the economy can function without obstacles, Finance Minister Makis ...

Bitcoin, the pioneer of cryptocurrencies, is celebrating its 15th anniversary with a significant price surge, captivating the attention of crypto enthusiasts globally. As the top crypto coin continues to make ...

Bitcoin seems to be mimicking past patterns in several charts shown by experts. Investors are preparing for a potential Bitcoin bull by investing in projects that may yield higher multiples – ...