Business

John Denholm CBE has been appointed chairman of the International Chamber of Shipping (ICS), succeeding Emanuele Grimaldi after four years at the head of the global shipowners’ body.  The decision ...

The European Union recorded a significant €186.6 billion trade surplus with the United Kingdom during 2025, according to a report from Eurostat. The latest data indicates that the European Union exported goods ...

Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to the summer season, although reservations remain below the levels hoteliers had expected, chairman ...

SK Hynix on Monday overtook Samsung Electronics to become South Korea’s most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago ​nearly ...

Companies including Nestle (NESN.S) ‌and Ikea (IKEA.UL) on Monday urged governments to make electrification central to their economic strategies, to help reduce exposure to volatile fossil fuel costs ...

Demetra Holdings Plc on Monday announced that it had successfully repurchased 16,900 of its own shares during a trading session held on June 19, 2026. The company executed the purchase through its broker, ...

Technology distributor Logicom Public Limited on Monday announced that it had received notification regarding the exercise of voting rights at its upcoming annual general meeting. The meeting is scheduled to ...

The Financial Wellbeing Institute on Monday released its Financial Wellbeing Index report for 2025, which showed a modest improvement in the financial health of the population while revealing that many households ...

The Treasury on Monday released data showing that the implementation of the state budget up to the end of May 2026 reached 35 per cent for revenue and 32 per cent for expenditure. ...

Cyprus-based Mithril Royalties announced on Monday that it has strengthened its exposure to one of Africa’s most closely watched gold developments after a major new construction milestone at the ...

Eurobank S.A. on Monday provided a market update regarding the progress of its share buyback programme, confirming the repurchase of more than 1.7 million shares during the previous week. The ...

The board of directors of ASBISc Enterprises Plc on Monday published the company’s estimated monthly consolidated revenues for May 2026. Specifically, the Cyprus-based IT distributor, commonly known as Asbis, announced ...

Cyprus has made progress in digital public services, connectivity and business digitalisation, but still needs to make online state services easier, more inclusive and better connected, according to the European ...

The Cyprus Chamber of Commerce and Industry (Keve) announced on Monday that a Cypriot delegation had recorded a successful participation at the Eurosatory 2026 international defence, security and equipment exhibition, which ...

Cypriot startup MammoCheck won first place in the National Bank of Greece’s 16th NBG Business Seeds Innovation and Technology Competition, standing out among 344 entries from Greece, Cyprus and abroad. ...

Cyprus hotels are looking more closely at local holidaymakers this summer, as the industry tries to protect a difficult season shaped by weaker foreign bookings, higher costs and the continuing ...

Greek shipowner Nikos Tsakos has given two new supertankers names drawn from basketball, using the announcement to renew his call for a stronger Greek flag presence across Greek-owned shipping.  Speaking ...

Cyprus is set to become the starting point for a new partnership between the National and Kapodistrian University of Athens and K Treppides & Co Group, after the two sides ...

Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to the summer season, although reservations remain below the levels hoteliers had expected, chairman ...

The Cyprus Business Council (CBC) in Dubai took part in an EU Business Forum meeting on June 19, as European business stakeholders discussed regional developments, sectoral priorities and the next steps ...

The Cyprus Securities and Exchange Commission (CySEC) has launched two new public tenders covering regulatory support services and cloud infrastructure, with submission deadlines set for July 2026. Firstly, the regulator announced ...

The worldwide server market generated $122.6 billion in vendor revenue during the first quarter of 2026, according to the latest figures from IDC’s Worldwide Quarterly Server Tracker. The result represented a 30.4 ...

The Bank of Greece has reported a decline in the value of loans managed by domestic credit servicing companies and transferred to specialised financial institutions abroad. The total nominal value ...

Global shipments of extended reality (XR) headwear are expected to decline by 12 per cent to 6.2 million units in 2026, according to the latest forecast released by market research company Omdia, although ...