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.
There was a significant surge in Cyprus’ labour force, coupled with a decline in the number of unemployed individuals, in the second quarter of the year, according to a report ...
The Cyprus Composite Leading Economic Index (CCLEI) recorded an annual increase of 2.2 per cent in August, albeit showing a slowdown compared to the 2.4 per cent and 2 per cent annual increases ...
Wealthy clients going to a Morgan Stanley financial adviser to discuss their investments may have a different sort of experience in the future: having a chatbot listen to their conversation.
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The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a fresh warning over scammers impersonating CySEC employees, as well as websites pretending to be that of the commission, in ...
British house prices have fallen at the fastest pace since 2009 over the past year, reflecting the increasing impact of higher interest rates, mortgage lender Halifax said on Thursday.
Halifax said ...
The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing four major categories, houses, apartments, land, and fields, for a total value of €205 ...
Shell considered shutting its flagship Prelude liquefied natural gas facility off Australia for a year to fix issues that have plagued its operations, but instead opted for a shorter maintenance ...
In 2023, the crypto landscape is teeming with opportunities, but three tokens stand out as potential game-changers for your investment portfolio: Chainlink (LINK), Aave (AAVE), and Everlodge (ELDG). Each of these ...
Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest ...
Nestle (NESN.S) is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday.
Grupo CRM operates a direct-to-consumer model, with more ...
Speeding up the transition to a greener economy would be cheaper than delaying it for euro zone companies, households and the banks that serve them, a European Central Bank study ...
Freedom Finance Europe, in collaboration with the Celebrity Gala artistic project, is set to host an extraordinary ballet event in Cyprus.
This cultural spectacle will take place at the historic ...
The issue of Non-Performing Loans (NPLs) cannot be resolved solely by protective measures for vulnerable individuals, since these measures are too narrow in scope, the Cyprus Borrowers Association (Syprodat) said ...
Cryptocurrency exchange Coinbase Global (COIN.O) is launching a digital asset lending platform aimed at large institutional investors, a company spokesperson told Reuters on Tuesday.
Coinbase has raised $57 million for ...
Britain’s largest homebuilder Barratt Developments (BDEV.L) flagged difficult trading conditions over the coming months after it posted a fall in annual profit on Wednesday, as high mortgage rates ...
Regulated financial exchanges are talking about how to capitalise on interest in crypto, an industry group said on Tuesday, but a third of respondents to its latest survey said they ...
The Deputy Minister of Shipping, Marina Hadjimanoli, and the Ambassador of China to Cyprus, Liu Yantao, engaged in discussions on bilateral maritime matters and broader global shipping issues during a ...
Dogecoin (DOGE) is rallying for a bullish trend, but Pepe (PEPE) continues to face uncertainty. However, Everlodge is surging ahead as more investors join the presale.
Join the Everlodge presale ...
Cyprus Finance Minister Makis Keravnos on Wednesday announced that the Cabinet of Ministers has approved another action within the Recovery and Resilience Plan, focusing on the framework and action plan ...
German industrial orders fell more than expected in July, pulling back after a sharp gain in the aerospace sector the previous month, the federal statistics office said on Wednesday.
Incoming ...
Business activity in Britain’s services sector fell last month for the first time since January as higher interest rates reduced consumer and corporate demand, a survey showed on Tuesday, ...
Oil prices ticked up in early Asian trade on Wednesday after rising over 1 per cent in the previous session, as markets worried about a supply shortage after Saudi Arabia and ...
Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the billionaire – around the same time he was acquiring Twitter, now known as X, for $44 ...
The association of professional first aid training providers, the First Aid Providers of Cyprus, was inducted into the Larnaca chamber of commerce, with the aim development and promotion of the ...