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.
Here are the top business stories in Cyprus from the week starting January 22:
The Cyprus Stock Exchange (CSE) concluded 2023 on a high note, with listed securities surpassing €4 billion, as reported ...
In a strategic move set to reshape the cryptocurrency investment landscape, ProShares, a leading provider of Exchange-Traded Funds (ETFs), is gearing up to launch a groundbreaking suite of Bitcoin ETFs. ...
By Ioannis Tirkides
2023 has been a year of turmoil, of wars and geopolitical upsets. It has also been a year of weaker economic growth with only a few but notable ...
Shares of SAP SE (SAPG.DE), jumped 7 per cent to an all-time high after the German software firm forecast growth in cloud revenue and said it will restructure roles for 8,000 ...
Shares in India’s Zee Entertainment (ZEE.NS), plunged by as much as 30 per cent on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger ...
Tencent Holdings’ (0700.HK), Riot Games plans to lay off 530 employees, or about 11 per cent of its staff globally, the online gaming company said on Monday in a blog that included ...
TLDR:
The approval of a spot Ethereum ETF is now the strongest narrative in the crypto community.
Ethereum Classic is one of the top altcoins looking to rally off a ...
Is BTC set to liquidate all bears and skyrocket in price? We’ll answer this question below, as well as cover two unique and noteworthy projects in Quant and InQubeta. ...
The real estate market in Cyprus appears poised for a challenging year, marked by organic, market-driven price reductions, which may be offset by supply chain disruption, stemming from geopolitical conflicts, ...
In the world of blockchain and cryptocurrencies, innovation never sleeps. Leading the charge with groundbreaking initiatives are Arbitrum with its Orbit program, Tezos with its unique approach to blockchain, and ...
Health, safety, quality and environment, and sustainability manager at Limassol-based Island Oil Holdings Demetris Lemesianos recently spoke to the Cyprus Mail, providing insights into the group’s sustainability initiatives within ...
President of the Cyprus Ports Authority Antonis Stylianou this week spoke about the significant economic losses incurred by the Republic of Cyprus due to recent events in the Gulf of ...
The Social Computing Research Centre of the Cyprus University of Technology (Tepak) recently announced the establishment of the first Anti-Disinformation Centre in Cyprus, known as Fact-Check Cyprus.
This initiative marks ...
British authorities will not decide until next year at the earliest on whether to go ahead with a state-backed digital pound that would provide an alternative to payments operated by ...
German consumer sentiment is set to tumble in February as households continue to brace for uncertainty, swiftly dashing faint hopes of recovery for Europe’s largest economy after a rise ...
The Pokemon Company said on Thursday it will investigate and take action over any infringement of its intellectual property rights, after a viral game from a Japanese developer became dubbed “...
Tesla (TSLA.O) has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, ...
The value of deposits in the Cypriot banking system experienced a substantial monthly increase of €346 million in December 2023, reaching a total €52.2 billion, according to a report released on Friday by ...
President Nikos Christodoulides on Friday spoke about the possibility of a “Great Sea Interconnector” with the United Arab Emirates’ Deputy Foreign Minister and a delegation of the country’s Taqa ...
payabl., one of Europe’s leading PayTechs, on Friday announced that it was granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will ...
The ‘TRNC’ has a right to 462,000 square kilometres of Cyprus’ exclusive economic zone (EEZ) including continental shelf, territorial waters and maritime areas of jurisdiction, Turkish Cypriot leader Ersin Tatar has ...
The president of the Cyprus Ports Authority (Alk) Antonis Stylianou this week presented a strategic development model, which is aimed at addressing the evolving conditions in the modern port environment.
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The eurozone should not weaponize its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker said on Friday, just as the ...
The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul ...