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.
Diageo’s (DGE.L) shares fell by as much as 16 per cent at the end of last week after the maker of Johnnie Walker whisky said it expected first-half operating ...
Czech start-up Bene Meat Technologies is the first to win European Union registration for laboratory-grown meat for use in pet food and plans to boost production to make up to ...
British petrol station operator EG Group will buy Tesla’s (TSLA.O) ultra-fast charging units to help roll out its electric vehicle charging network across Europe, it said on Monday.
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Middle East carriers look set to order tens of billions of dollars of long-haul jets at the opening of the Dubai Airshow on Monday, as Emirates renews confidence in the ...
Meme coins and gaming tokens have seen explosive price growth during the ongoing cryptocurrency market rally in November. Analysts have picked three coins as the best cheap crypto coin to ...
Finyard, an innovative software solutions provider to global FinTech companies, offering clients cutting-edge applications, has opened its doors in Cyprus.
The brand radiates simplicity and innovation, perfectly encapsulated by the ...
Cyprus’ Research and Innovation Foundation (Idek) on Monday announced that the submission period for proposals in the latest call for its pre-seed programme concluded on November 3, with an impressive 134 startups ...
Greece’s state-controlled bank bailout fund HFSF said on Monday it sold its 9 per cent stake in Alpha Bank (ACBr.AT) to UniCredit for 293.5 million euros ($314 million) after an improved ...
Eurozone economic growth will remain weak in the near term as services and the labour market weaken but nations in the bloc should not free discretionary bank buffers to ease ...
Turkish Airlines (THY) (THYAO.IS) has recently held talks with Airbus (AIR.PA) to discuss a potential order of 355 new aircraft, the state-run Anadolu news agency said.
During the meeting, ...
People often complain that in Cyprus sinking funds are not generally created for commonly owned properties, such as apartment buildings and comprehensive development projects.
The common expenses of a building ...
The rise of Bitcoin (BTC) past the $35,000 price level has caused top altcoins such as Dogecoin (DOGE) to start a price rally. Meanwhile, the VC Spectra (SPCT) public presale continues ...
dYdX (ethDYDX) takes center stage with a 28% surge to $2.55, fueled by the unveiling of its v4 upgrade and a shift to Cosmos. Meanwhile, VC Spectra (SPCT) makes waves as a ...
The Bank of Cyprus on Monday reported robust financial results for the nine months ending September 30, 2023, posting an after-tax profit of €349 million, combined with a strong quarterly performance, while highlighting ...
As Dogecoin (DOGE) experiences a resurgence, marked by a significant price surge and intriguing whale activity, it hints at a potential rally waiting to unfold. Meanwhile, NuggetRush introduces a novel ...
A company should preferably not be dependent on two directors with 50 per cent of its shares each
The shareholding or management structure of a company may create problems when a ...
Europe is seeking to use emissions and residues from winemaking for new products ranging from animal feed to antibiotic alternatives.
By Alex Whiting
In Palmela, a wine region near Portugal’...
The top US consumer financial watchdog recently proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack ...
Big Tech firms will face new European Union rules to clearly label political advertising on their platforms, who paid for it and how much and which elections are being targeted, ...
Amazon (AMZN.O) is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models from OpenAI and Alphabet (GOOGL.O), two people familiar with ...
Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks
By Dr Charles Ellinas and ...
Shiba Inu (SHIB), Solana (SOL), and VC Spectra (SPCT) are emerging as noteworthy contenders in the race for growth and value. With SHIB token burns spiking dramatically to foster scarcity, ...
Here are the top business stories in Cyprus from the week starting November 6:
The total value of non-performing loans (NPLs) in the Cypriot banking system at the end of August 2023 ...
Economic stakeholders this week convened at this year’s annual Economist Conference in Cyprus to explore the need for revitalising the country’s development model and strategise ways to address ...