Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Britain’s competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their own products under new powers it is ...
The latest figures published by the Cyprus Statistical Service (CSS) indicate a notable surge in both construction output and construction producer prices profits. Both construction output and construction producer prices ...
Businesses which for one reason or another were unable to update their records regarding their ultimate beneficial owners (UBOs) have asked authorities to relax the rules temporarily so that they ...
Argentina’s annual inflation rate sped past 211% in December, official data showed on Thursday, hitting the highest level since the early 1990s as new libertarian President Javier Milei seeks to ...
Junior Achievement Cyprus (JA Cyprus) is launching its JA StartUp, which is aimed at fostering business ideas and innovation among university students in Cyprus, for the fifth consecutive year.
It ...
An amount of €5m has been allocated by the government to help businesses reduce their carbon footprint.
The support measure aims at encouraging businesses to reduce greenhouse emissions and was ...
The rise of NEAR Protocol has become a key turning point in the dynamic world of digital currencies. This blockchain platform, with its groundbreaking approach and escalating popularity, is reshaping ...
Microsoft (MSFT.O) said on Thursday its European Union cloud customers would be able to process and store all personal data in the region as part of a phased roll-out ...
Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds – London mayor Sadiq Khan said on Thursday, ...
Crypto markets can change fast, and investors who pivot accordingly will perform best. What was once a sure-thing now looks fickle, and nowhere is this more apparent than the rise ...
Netflix’s (NFLX.O) ad-supported tier has reached more than 23 million global active users per month, the Variety magazine reported on Wednesday, quoting the streaming giant’s advertising chief Amy ...
Commissioner of State Aid, Stella Michaelidou, approved the “RESTART 2016 – 2020 Programs for Research, Technological Development, and Innovation of the Research and Innovation Foundation.”
The total budget for this, until the end ...
The approval of Bitcoin (BTC) and Ethereum (ETH) ETFs could be the most significant development in the crypto landscape. After years of anticipation and several rejected applications, this is the ...
The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by ...
The European Central Bank (ECB) will cut its key interest rates sooner than it recently thought and should not wait until May to make a decision, as there are no ...
TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world’s largest video games company, Tencent, as the Chinese ...
According to a report released by the Cyprus Statistical Service (Cystat), there was a 0.6 per cent year-on-year rise in the Home Price Index (HPI) during the third quarter of 2023. As ...
A mass departure of Russian companies from Cyprus is underway and is likely to continue, according to media reports on Wednesday.
Several major companies which had been headquartered in Cyprus ...
Cyprus housing market prices continued on an upward path in the third quarter of 2023, with apartments recording the highest increase.
The Central Bank of Cyprus (CBC) forecasted consistent growth on ...
Paphos is set to undergo a digital transformation in 2024 with the Paphos Regional Tourism Board (Etap) committing extensive funds to develop its digital presence.
Etap has announced an investment exceeding €220,000, ...
Crypto markets are ripping, institutional money is about to reprice the entire industry, and 2024 is the watershed moment for the industry. Lots of money will be made, and lots of ...
Cyprus has introduced the National Cybersecurity Certification Authority, with the primary objective of positioning it as a regional centre for cybersecurity services.
The authority, as per the announcement from the ...
Meta Platforms (META.O) said on Tuesday it would hide more content from teens on Instagram and Facebook, after regulators around the globe pressed the social media giant to protect ...
Cyprus recorded an increase in registered vehicles throughout the year 2023, according to the latest report from the Cyprus Statistical Service (CSS), Motor Vehicle Registrations. The total number of registered vehicles ...