Business

Cyprus’ Gross Domestic Product (GDP) for the first quarter of the year amounted to €6.2 billion, marking a 3.4 per cent increase on an annual basis when measured in volume and adjusted ...

Eurozone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank rate hikes beyond an increase ...

After months of negotiations, Finland’s Nokian Tyres (TYRES.HE) was on the cusp late last year of finalising a 400-million-euro ($440.32 million) sale of its Russian business. Then Moscow changed ...

After periods of instability in the crypto market, especially with authority platforms having a run-in with financial regulators, the global market is finally on a rebound. Tokens like Fantom (FTM) ...

Eurobank Cyprus this week said that its five-year support programme for non-profit organisation Cyprus Seeds, which aims to bolster the island’s entrepreneurial and innovation ecosystem, has borne fruit, with ...

Port management company DP World Limassol on Thursday released a statement announcing that Simon Pitout has been appointed as the company’s new chief executive officer, effective from June 1, 2023. The ...

If you’re a crypto trader with years of experience, there’s no doubt you’re familiar with how turbulent 2023 has been so far! There have been bull runs and ...

Recently, the cryptocurrency sector saw exciting developments that have made many investors confident. In recent news, Raj Gokal, a prominent figure in the crypto space and Solana (SOL) co-founder has ...

There can be no supply from the Aphrodite field in the Cyprus EEZ before 2027, according to NewMed Energy, one of the three companies licensed to operate in this block. An ...

Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign ...

CFA Society Cyprus and Central Bank Governor Constantinos Herodotou placed the issue of financial literacy at the centre of their discussion during a meeting held on Wednesday. According to a ...

Hundreds of Credit Suisse (CSGN.S)’s employees are resigning each week in a sign of uncertainty gripping the lender while it is being taken over by rival UBS (UBSG....

The US dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected and China’s recovery is sputtering. The ...

Advertisements for massive new construction projects in the north – with a focus near Trikomo – have sparked discussion across the divide, with many stunned at the scale and pace of change. “...

He’s “a pioneer”, “Brother Ma” and some want him to be U.S. president. Billionaire Elon Musk has been showered with praise by the Chinese public during his trip ...

The cabinet on Wednesday approved a bill proposing tax rebates for energy upgrades to businesses, as well as an extension of the tax deadline for individuals to October 2 and the ...

Energy Minister George Papanastasiou dismissed media reports on Wednesday which downplayed the government’s reorientation on energy as “wrong”, stating that energy companies and the government are on the same ...

A total of 1,929 apartments and 864 houses were sold during the previous year Cypriot firm Ask Wire on Wednesday released a report detailing real estate sales, including houses and apartments, in ...

TMS Network (TMSN) records a massive surge of 2000% token gain despite being in stage 4 of its presale event. It has already raised a remarkable $6 million in its seed funding event, ...

In 2022, the unemployment rate of people aged 15-74 in Cyprus was 6.8 per cent, a little higher than the EU average (6.2 per cent), according to data released by Eurostat, the statistical ...

National flag carrier Cyprus Airways this week announced the launch of a new route between Larnaca and Preveza, which is set to begin on June 29 with two weekly flights. The ...

With its unwavering commitment to user empowerment, TMS Network (TMSN) is paving the way for a new era of diversified and informed trading. The past weeks have been a novel ...

Cryptocurrency trading is a new but profitable way of investing in the financial markets. The trading of cryptocurrencies has also become significantly popular in recent times. As crypto trading is ...

The passenger ferry Daleela lifts anchor at noon on Wednesday from Limassol port for its first route of the season to Piraeus, carrying 156 passengers. Deputy Minister of Shipping Marina Hatzimanoli ...