Business

It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with only a slim majority of economists ...

The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that ...

Traffic at Greek airports reached a record of 72.6 million passengers in 2023, the Civil Aviation Authoritiy (CAA) said on Tuesday, as the country’s all-important tourism industry recovered from the impact ...

Cyprus-based proptech startup Movingdoors, which provides tech-enabled serviced apartments, this week announced the successful closure of its recent seed funding round, raising a total amount of €1.163 million with Uni.fund, ...

By Iole Damaskinos and Elias Hazou There is great value for the Cyprus electricity market in establishing the mooted subsea power cable connecting Cyprus, Greece and Israel – the Great Sea ...

PwC Cyprus hosted a breakfast event titled ‘Setting Sail for Success in the Shipping Sector’ on January 23, bringing together leaders from the Cyprus shipping industry to address critical challenges and ...

Cyprus Deputy Minister of Shipping Marina Hadjimanolis held discussions with top executives of Royal Caribbean in Miami during the previous week, presenting the competitive advantages and services offered by ship ...

Cyprus’ Composite Leading Economic Index (CLEI), a key economic indicator compiled by the University of Cyprus’ Economic Research Centre (CypERC), remained positive in the fourth quarter of 2023, albeit while experiencing ...

US tech giant Apple (AAPL.O), opens new tab has paid a Russian fine of 1.2 billion roubles ($13.65 million), imposed over the company’s alleged abuse of its dominant market position ...

British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain’s port ...

Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast. Investors have embraced 11 US ...

Cyprus Finance Minister Makis Keravnos met with the newly elected president of the Cyprus Chamber of Commerce and Industry (Keve), Stavros Stavrou, to address economic challenges amid geopolitical uncertainty. Discussions ...

Cyprus has emerged as the top-ranking European Union member state in providing cross-border investment services, according to George Theocharides, chairman of the Cyprus Securities and Exchange Commission (CySEC). The announcement ...

Irish low-cost airline Ryanair (RYA.I), opens new tab wants to open five new bases in Spain and grow by 40 per cent in the country by 2030, Eddie Wilson, the chief ...

Polish video game maker CD Projekt (CDR.WA), opens new tab aims to start the production phase of the next game in its blockbuster “Witcher” series this year, the company’...

Suggestion comes after damning Audit Office report on endless delays The project team for the liquefied natural gas (LNG) terminal at Vasiliko has recommended that Cyprus halt further payments to ...

Unions representing workers at the Electricity Authority of Cyprus (EAC) said on Monday their members will hold a vote at the end of the month on possible industrial action, including ...

The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first homes in Cyprus, the finance minister revealed on Monday. Makis Keravnos made ...

Finance Minister Makis Keravnos on Monday met with the newly elected president of the Cyprus Chamber of Commerce and Industry (Keve) Stavros Stavrou, to discuss the challenges facing the Cypriot ...

Women in Germany earned 18 per cent less on average than men last year, due largely to a levelling-off in earnings after having children and taking part-time work, the Federal Statistics ...

The north’s electricity authority Kib-Tek paid the Electricity Authority of Cyprus $19 million (€17.4m) to cover the north’s energy shortfalls, Kib-Tek employees’ trade union (El-Sen) chairman Ahmet Tugcu said ...

National flag carrier Cyprus Airways has announced that it is set to double its fleet of Airbus A220 aircraft in 2024, with the introduction of two new planes. This was highlighted ...

The world’s 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple what they returned in 2022, with activist TCI Fund Management leading the pack, according to data published by ...

Cyprus-based digital studio TheSoul Publishing, which has received wide-spread recognition for its globally engaging and original content, on Monday announced that Aleksandra Sulimko, previously the Chief Human Resources Officer (CHRO), ...