Business

The Central Bank of Cyprus (CBC) on Monday released a report revealing that a total of 33 bounced cheques, valued at €60,851, were issued in November 2023. This has led to the registration ...

Cyprus witnessed a remarkable 58.5 per cent surge in total registrations of motor vehicles in November 2023, compared to the same month of the previous year, while also marking an annual increase ...

The unemployment rate in Cyprus plunged to its lowest level in 53 quarters, settling at 5.8 per cent of the labour force in the third quarter of 2023, marking a significant decline, according ...

The government has granted energy giants Chevron, operators of the Aphrodite gas field offshore Cyprus, an extension until the end of March 2024 to submit an ‘optimal development plan’, it emerged ...

The Cyprus Institute of Labour, associated with the Pancyprian Federation of Labour (Peo), released a comprehensive report on Monday, delving into the economic and employment landscape for 2023. The findings of ...

The European Central Bank’s continual balance sheet offloading in its battle against inflation has kept the value of Cypriot bonds held within the Eurosystem at €6.75 billion, according to a ...

eToro is one the biggest fintech companies in the world, with over 20 million users and a total trading volume of more than $1 trillion. In contrast, Pullix is an up-and-coming trading ...

The legal profession in Cyprus can only be exercised by registered and licensed lawyers, with the exception of a physical person, being a litigant, who can represent themselves before the ...

Oil prices rose on Monday, extending gains for a second session as US efforts to replenish strategic reserves provided some support, although concerns of crude oversupply and softer fuel demand ...

Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain’s M&G Investments (MNG.L) has led a $30 million second round of funding ...

Quality Street maker Nestle and Cadbury owner Mondelez (MDLZ.O) are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts. Shoppers hit ...

Embark on a journey into the undiscovered realms of the cryptocurrency universe as we unveil the hidden potentials of IOTA (IOTA), dYdX (DYDX), and VC Spectra (SPCT). These unsung heroes ...

The Ministry of Finance on Monday announced that the Republic of Cyprus and France ratified an updated double tax treaty, first announced on Friday, in an effort to eradicate double ...

A new property tax was introduced in 2021, but because of a mistake at the House, the tax didn’t actually come into effect until 2022. It is a tax of 0.4 per ...

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s (REP.MC) 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they ...

Research projects in Europe developed water-surface scanners and better hull designs to tackle shipping accidents. By Tom Cassauwers When one of the world’s largest container ships crashed into the ...

Toyota Motor (7203.T) said this week it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more ...

Nvidia (NVDA.O) CEO Jensen Huang said this week that his company would do its best to supply its artificial intelligence processors to Japan amid extremely high market demand. Japan ...

Marijuana shows promise in treating illnesses ranging from depression and addiction to arthritis and epilepsy. By Vittoria D’Alessio Callie Seaman was 16 when she started smoking cannabis to control her ...

As the company adheres to following its corporate responsibility program it presents its sixth consecutive Socioeconomic Impact Report, in which its imprint on Cypriot society and economy is recorded. Focusing ...

Only a few coins managed to experience the pump witnessed by Solana (SOL) and Ripple (XRP) during this year. These cryptocurrencies could experience an even more significant upside moving ahead, ...

Here are the top business stories in Cyprus from the week starting December 4: National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels ...

Eleftheria Voskaridou, the CEO of Blackbook Agency Ltd., has been a transformative force in Marketing and Communication, particularly in real estate and land development, and destinations targeting high-net-worth individuals. Her ...

Approximately 8 out of 10 businesses in Cyprus (79.9 per cent) with 10 or more employees have embraced social media networks as a part of their operational strategy, according to a report by the ...