Business

Turkey’s central bank cut its key interest rate by 250 basis points to 47.5 per cent on Thursday, a bit more than expected, launching an easing cycle meant to leave behind ...

Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that they are ...

The Cypriot property market underwent significant changes from mid-2023 onwards due to several global and regional factors, according to Pavlos Loizou, CEO and co-founder of real estate firm Ask Wire. ...

The cryptocurrency industry is pushing President-elect Donald Trump’s team to kick start his promised crypto policy overhaul when he takes office next month with executive orders that would help ...

India’s growth trajectory is expected to pick up in the second half of 2024-25, driven by domestic private consumption and a sustained revival of rural demand, the central bank ...

ExxonMobil’s drilling rig will start drilling in mid-January at the ‘Electra’ target, located in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ), for approximately one month, Energy Minister George Papanastasiou ...

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, according to Finance Minister ...

The Joint Rescue Coordination Centre (JRCC) has issued a Navtex warning for drilling works in Cyprus’ Exclusive Economic Zone (EEZ) block 5 to be conducted for the next two months. The ...

Alphabet’s (GOOGL.O) Google’s proposed changes to its search results to comply with EU tech legislation has received the thumbs up from lobbying group Airlines for Europe whose ...

The US dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating dollar strength into ...

It could be a bumpy ride for US corporate bond spreads in 2025, with investors and strategists expecting more market volatility, as the new Trump administration implements a reform agenda that ...

Microsoft (MSFT.O) has been working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current ...

Honda (7267.T) and Nissan (7201.T) expect big benefits from their potential merger to create the world’s third-largest auto group but intense competition from China raises questions about whether they ...

Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up in prices for everything from eggs to energy over the past ...

The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement ...

Major banks are planning to sue the US Federal Reserve over the annual stress tests conducted by the regulator, CNBC reported on Tuesday, citing a source familiar with the matter. ...

A Shiba Inu (SHIB) trader who made $1 million from an initial stake of $102 in the 2021 craze is at it again with a new forecast. This savvy investor, who after following ...

The floating, storage and regasification unit (Fsru) may head out to Greece and moor there for about a year until the LNG terminal in Cyprus is completed, reports said on ...

Euronext said on Tuesday it was experiencing an issue in calculating closing prices for cash instruments and would manually update those prices for the assets that had been affected. “Euronext ...

Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the Economics Research Centre (CypERC) at the University of Cyprus, recorded an annual increase of 1.2 per cent in November 2024. This marks the ...

The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement ...

Blackbook Agency founder and managing director Eleftheria Voskaridou spoke with the Cyprus Mail about the future of marketing and the key trends shaping the industry in 2025. With nearly two decades ...

Businesses in Limassol report little change compared to a year ago, according to the autumn 2024 business barometer. While optimism has improved slightly, labour shortages, rising costs, and Environmental, Social, and ...

Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed, adding to signs of a slowdown that has ...