Business

A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft landing after a run of aggressive interest rate hikes. Yet ...

Low occupancy rates will be observed at hotels in December, the head of the Cyprus Hotels’ Association (Pasyxe) Thanos Michaelides said on Friday. He said that hotels that will operate ...

Despite the recent halving, Bitcoin’s price doesn’t seem to have a bad prediction. Ethereum, on the other hand, is steadily going up and is projected to rise by ...

Oil prices pared losses on Friday, after falling sharply in early trade and by over 2 per cent on Thursday on perceptions that the voluntary oil output cuts agreed by OPEC+ ...

Goldman Sachs on Friday said it now expects the European Central Bank (ECB) to deliver its first interest rate cut in the second quarter of 2024, compared to an earlier forecast ...

Dive into this week’s thrilling crypto landscape where the resilient Terra Classic (LUNC) makes a surprising 60% leap, defying odds and expectations. In the same arena, VC Spectra (SPCT) emerges ...

Investors from established platforms like Uniswap (UNI) and Filecoin (FIL) are increasingly being drawn to VC Spectra (SPCT), a promising blockchain ICO. UNI’s UniswapX protocol surpassed $1 billion in trading ...

As a renewed bearish force ravages the crypto market, top crypto coins like Bitcoin Cash (BCH) and Stellar (XLM) have started bleeding. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, ...

Cyprus-based maritime technology firm Tototheo Maritime has broadened its services, announcing a substantial expansion into the land enterprise market, according to a statement released on Thursday. The move sees the ...

Kaspa (KAS) And Ethereum Classic (ETC) are two alt-L1s vying to become the number one smart contract platform. However, could Pullix (PLX) outperform both in terms of gains during ...

The leadership of the Cyprus Hoteliers Association (Pasyxe) had the opportunity to gather insights into contemporary challenges faced by the Greek hotel industry, as well as upcoming international trends and ...

The Industrial Production Index in Cyprus reached 142.9 units in September, with 2015 having been designated as the base year, reflecting a 2.5 per cent annual increase. According to a report released this ...

Eurobank Cyprus has successfully completed the certification process for its Environmental Management System, adhering to the principles of the international standard ISO 14001:2015, according to an announcement released on Thursday. This ...

The Cyprus Securities and Exchange Commission (CySEC) has seen a significant increase of 12 per cent in entities under its supervision over the last four years, according to George Karatzias, the ...

Billionaires increased in numbers and overall wealth last year, Swiss bank UBS (UBSG.S) said on Thursday, with the fortunes inherited by the newly-minted super-rich exceeding cash generated by self-made ...

Metro Bank (MTRO.L) on Thursday announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20 per cent of its staff and ...

A Limassol court this week found in favour of a group of depositors with now-defunct Laiki (Popular) Bank who saw their savings wiped out in the March 2013 ‘haircut’, awarding them €5.7 ...

OPEC+ oil producers are likely to agree output cuts of at least 1 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its voluntary additional ...

In a move set to propel the technology sector’s momentum further, Cyprus expects significant growth from the proposed modernisation of the legislative framework governing citizenships. According to InBusiness News, ...

After making hay when a summer bond rout propelled the US dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5 per ...

The Cyprus general government has recorded a surplus of €918.9 million, representing 3.1 per cent of the Gross Domestic Product (GDP), for the period of January to October 2023, according to the preliminary ...

As the fall season sets in, the crypto landscape is buzzing with anticipation and potential. Amidst this atmosphere, three tokens have caught the attention of ChatGPT: Shiba Inu (SHIB), Binance (...

Following the reinstatement of Sam Altman as the OpenAI CEO, the crypto AI market has been on a bullish trajectory, given that its value soared past the $9.30 billion mark. As ...

Neocleous Tower is a modern, sustainable office building in central Limassol, inviting corporations to experience the future of upscale workplace excellence. Redefining the standard for environmentally focused commercial real estate ...