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.
Cyprus’ compliance with international sanctions is “very good”, the finance minister said on Monday, adding that by year’s end the two units dealing with sanctions will be consolidated into ...
Important participants in the hotel industry, who stood out in various fields, were honoured at the award ceremony of the first “Cyprus Hotel Association Leaders in Hospitality Awards”, presented in ...
The Artemis Credit Bureau, which collects and provides information on the financial behaviour of individuals and businesses in Cyprus, will begin evaluating businesses based on Environmental, Social, and Governance (ESG) ...
British financier Jacob Rothschild, a senior member of one of Europe’s best-known banking dynasties, has died at the age of 87, his family announced on Monday.
The family, in a ...
The annual growth rate of Cyprus’ Composite Leading Economic Index (CCLEI) continued to decelerate in January 2024, according to a report compiled by the University of Cyprus’ Economic Research Centre (CypERC).
...
Crypto presales are like the early bird specials of the cryptocurrency world, where new projects sell their tokens at discounted prices before they hit the public launch. Many crypto projects ...
The cryptocurrency market is constantly changing, with established cryptocurrencies competing for dominance while new projects try to get noticed by investors. Ranked among the former, Arbitrum (ARB) has witnessed a ...
The Cyprus Marine Club (CMC), a non-profit organisation that engages maritime industry stakeholders, recently hosted their Get Together event, a gathering attended by more than 100 guests, showcasing the club’s ...
Oil prices fell on Monday, extending losses from the previous session after the dollar rose on market views that higher-than-expected inflation could delay cuts to high US interest rates that ...
Ryanair (RYA.I) will receive even fewer Boeing (BA.N) aircraft by the end of June than previously expected, CEO Michael O’Leary said on Friday, potentially prompting the budget ...
By Maria Demertzis
The second anniversary of the Russian invasion of Ukraine took place on February 24. The energy shock that came with the war has forced a total rethink of ...
Filecoin (FIL) recently scored a major victory when it partnered up with the Solana (SOL) network, to offload the data storage load on the latter’s blockchain. The move is ...
The city of Larnaca is emerging as an attractive business destination quite profitable for every professional, entrepreneur and investor.
The city, the neighbouring communities and the sea area that surrounds ...
Smartphone shipments into Europe, excluding Russia, experienced a 3 per cent year-on-year decline, totalling 37.8 million units in Q4 2023, according to a report released this week by technology industry analysts Canalys.
Notably, ...
Zara owner Inditex (ITX.MC), the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein.
The rapid ...
EU researchers are seeking to expand supplies of clean aviation fuels by producing more from agricultural sources.
By Tereza Pultarova
Professor David Chiaramonti is looking down at the ground to ...
Google on Wednesday released new artificial intelligence (AI) models that outside developers potentially can fashion as their own, following a similar move by Meta Platforms (META.O) and others.
The ...
Navigation device maker Garmin (GRMN.BN), beat fourth-quarter earnings expectations and forecast full-year revenue above estimates last, betting on strong growth in its auto and fitness businesses.
Shares of the ...
The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp (INTC.O), according to a report by Bloomberg News, citing people familiar with the ...
TLDR
The Ethereum (ETH) price is predicted to soar past $3,200 going forward.
Rebel Satoshi ($RBLZ) teases massive rally upon listing on DEXs as presale near the end.
With the market ...
TLDR:
Andreessen Horowitz (a16z) has announced a $100-million funding round for EigenLayer.
Stacks (STX) continues to outperform the market as interest in Bitcoin layer 2 protocols grows steadily.
NuggetRush (NUGX) ...
TLDR
SEI eyes a 76% price jump in 2024 with the latest expert predictions.
Analysts have predicted that Filecoin (FIL) can surpass the $12 mark in 2024.
With its last presale stage about to ...
Bitcoin (BTC) drove MicroStrategy’s stock prices to new heights as it briefly touched $800. MicroStrategy’s growth led to many predictions that the corporation could join the most profitable US ...
Here are the top business stories in Cyprus from the week starting February 19:
On Monday, the Bank of Cyprus unveiled its financial results for the fiscal year ending December 31, 2023, which ...