Business

Greece’s independent power transmission operator (IPTO) and EuroAsia Interconnector have concluded a strategic agreement allowing the former to acquire 25 per cent of the EuroAsia share capital. “The entry of ...

The Cyprus Marine Club held a successful event on Tuesday, with Shipping Deputy Minister Marina Hadjimanoli, as guest speaker. The event, titled ‘Hundred days in charge as Shipping Deputy Minister,’ ...

Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ranging from 25 per cent to 30 per cent in June, according to Neophytos Thrasyvoulou, ...

Cyprus-based PropTech startup buildbuild, which develops software for managing construction projects and increasing their marginality in the small and midsize (SMB) sector, announced this week that it has raised $1.25 million ...

Following a decision by the Board of Directors of Alpha Bank Cyprus and the necessary approvals from regulatory authorities, Miltos Michaelas has taken on the role of CEO of Alpha ...

H&M (HMb.ST) shares hit a 16-month high on Thursday after its second-quarter profit beat estimates with its summer collection doing well as warmer weather arrives in Europe. ...

The government has spent some €440 million to cushion consumers from the financial impact of the ongoing global energy crisis, while making other moves aimed at driving down the cost of ...

Binance’s European banking partner Paysafe Payment Solutions said on Thursday it will cease offering its embedded wallet solution to the US cryptocurrency exchange across the European Economic Area (EEA) ...

The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with market uncertainty ...

The two technical committees appointed by Cyprus and Israel, tasked with putting plans into actions on electricity and natural gas projects, are to begin contacts within 15 days. Energy Minister George ...

Preliminary data released by the state’s statistical service on Thursday revealed a 7.2 per cent increase in average gross monthly earnings for employees during the first quarter of 2023, compared to ...

As the cryptocurrency market continues to be volatile, investors are looking for safe-haven assets to park their money. Precious Metals have long been seen as a haven asset, and Golteum ...

According to data released by the Central Bank of Cyprus (CBC) this week, total deposits in May recorded a net increase of €164.8 million, reaching €52 billion. In addition, loans saw a ...

Apple’s (AAPL.O) stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose 0.6 per ...

US technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people of Ukraine “living under attack.” But Reuters ...

A key measure of corporate profitability in the euro zone rose to a record high last quarter, keeping up pressure on inflation as the long-awaited drop in business margins is ...

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative produces 3,400 miles away on a list of essentials that would ...

Introduction: In the world of cryptocurrency trading, finding a reliable and efficient broker is essential for a seamless trading experience. One broker that has been gaining significant attention for its ...

One of the world’s most common artificial sweeteners is set to be declared a possible carcinogen next month by a leading global health body, according to two sources with ...

Disy and Akel MPs reacted on Thursday to the scrapping of relief measures for fuel and electricity, arguing that the summer months were the worst possible time to end the ...

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the organisation’s efforts have helped to correct the misconception about the use and purpose of ...

Introduction When it comes to trading gold, having access to accurate information and insights is crucial for success. That’s where AlfaMarkets comes in. As a reputable broker in the ...

Christina Achilleos, an expert EU Funding Consultant from Larnaca, Cyprus, recently took centre stage as a distinguished panellist at the Carpathian Startup Fest in Rzeszow, Poland on June 15-16 2023, representing ...

Thanos Michaelides has been elected as the new president of the Cyprus hoteliers association (Pasyxe), following an election that took place this week, according to an official announcement by the ...