Business

In times of crisis, identifying and taking advantage of opportunities is crucial for economic growth, the president of the Cyprus Investment Funds Association (CIFA), Andreas Yiasemides, said on Thursday. Yiasemides ...

The governor of the Central Bank of Cyprus, Constantinos Herodotou, expressed optimism that with appropriate actions, prudence, and rationality, the country’s economy and banking system can successfully manage the ...

The Cyprus Statistical Service (Cystat) this week reported a significant increase in the weight of products transported by road within Cyprus, as well as to and from Cyprus, in 2022. The ...

Middle East companies raised nearly 16 per cent of the total proceeds from initial public offerings (IPOs) globally in the first quarter, as the region’s momentum from a blockbuster 2022 continued, ...

British engine maker Rolls-Royce (RR.L) said it performed as expected in the first part of the year, with flying hours recovering, and steps taken by its new CEO to ...

Japan’s Honda Motor Co (7267.T) on Thursday forecast a 19.1 per cent rise in operating profit for this business year, after it missed analysts’ estimates in the fourth quarter. Japan’...

Europe’s first integrated casino resort will be opening in Cyprus on July 10 this year, Melco Resort announced on Thursday. Described as a game changing development, the resort is “poised ...

Turkey’s economy is bracing for a “lost year” no matter who wins landmark elections on Sunday, political insiders say, even if the opposition pledges to tear down President Tayyip ...

The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday, taking borrowing costs to their highest since 2008 with its 12th consecutive ...

The employees of two Cypriot firms which were recently sanctioned by the UK, on Thursday sent an open letter decrying the effects that the freezing of these companies’ accounts has ...

Walt Disney Co (DIS.N) Chief Executive Bob Iger on Wednesday accused Florida politicians of retaliating against the company and questioned the state’s interest in the entertainment conglomerate’s ...

A “fire hose” of differing regulatory approaches to cryptoassets lack the global consensus needed to attract established investors that would create a maturer market, a conference was told on Wednesday. ...

Yachtify (YCHT) has caught the eye of investors in the Bitcoin (BTC) And Casper Network (CSPR) communities with its new platform that will transform the yacht industry by launching a ...

Bybit’s recent establishment of a headquarters in Dubai is a significant move for the cryptocurrency industry, particularly for TMS Network (TMSN). This development could potentially signal a bright future ...

Turkey has deferred payment to Russia of a $600 million natural gas bill to 2024, two sources said on Wednesday, the first such postponement under a deal announced last week that underlines ...

The number of international tourist arrivals is expected to reach 10.78 billion, 74.4 per cent of the 2019 level, according to the Report on World Tourism Economy Trends 2023 issued on Wednesday. In 2023, the ...

President Nikos Christodoulides on Thursday morning arrived in Israel for a two-day working visit it was officially announced. The president had a private meeting with his Israeli counterpart Isaac Herzog ...

The International Air Transport Association (IATA) this week reported a significant increase in air travel demand for March 2023, with total traffic rising 52.4 per cent compared to the same month in 2022. ...

It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver, head of a community bank tucked in the mountains of western Maryland, to rethink strategy. That ...

PwC Cyprus on Wednesday announced that it once again recognised the excellence of its trainee accountants, rewarding their significant distinctions in international exams by the Association of Chartered Certified Accountants (...

PayPal Holdings’ (PYPL.O) stock slumped 12 per cent on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual ...

French retailer Carrefour (CARR.PA) on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, having just opened 50 stores in the country. ...

Furore over AG’s absence from House committee There has been no impact to Cyprus’ financial stability as a result of the sanctions, only to its international reputation, Central Bank ...

Alphabet Inc’s (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has ...