Business

If medieval advances in the plough didn’t lift Europe’s peasants out of poverty, it was largely because their rulers took the wealth generated by the new gains in ...

In a bid to strengthen their existing partnership and foster collaboration in various areas of mutual interest, the Cyprus Shipping Chamber and the University of Cyprus recently signed a cooperation ...

British employers reduced the number of new permanent staff they hired through recruitment agencies by the most since mid 2020 last month due to concerns about the economic outlook, adding to ...

The population of Cyprus saw a significant increase of 9.9 per cent during the decade from 2011 to 2021, as revealed by the preliminary results of the 2021 population and housing census, which was ...

Saudi Arabian state oil giant Aramco (2222.SE) on Monday reported a near 38 per cent drop in second-quarter net profit reflecting lower oil prices and thinner margins in refining and chemicals. ...

Turkey plans to impose a quota on imports of unprocessed gold in order to reduce the negative impact on the current account balance, according to a source familiar with the ...

‘Our vision is to be the top entertainment choice for our customers while promoting responsible gaming. To stand by the small and big moments of our country, supporting the people ...

British house prices fell in July for a fourth month and the slide looks set to extend into 2024, but the market showed some signs of resilience despite a rise in ...

The Larnaca Tourism Development and Promotion Company (ETAP) on Monday said the efforts to revitalise the village of Tochni are paying off, as more tourists every year are visiting the ...

Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening supplies. Prices have seen a ...

Around 80 per cent of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said, as part of ...

The tenant is obliged to pay rent and the owner to make repairs A lease, like any other contract, contains the contractual rights and obligations for landlords and tenants. In ...

A major increase in solar power generation in southern Europe played a leading role in averting energy shortages during the heatwaves of recent weeks when temperatures broke records and drove ...

Environmental, Social and Governance has become the primary concern for the vast majority of company leaders in Cyprus and implementing it will contribute to long-term economic progress Understanding Environmental, Social ...

While Conflux is showing promising signs of growth, the attention around Pomerdoge and Maker continues to win investor hearts. Most notably, Pomerdoge is in a presale phase of discounted tokens ...

Upgrading our hotels, restaurants, leisure centres, the quality of service and so on brings good results, but the cost is very high, especially for Cypriot budgets. The two flagships of ...

The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some US banks are not prepared to borrow from the Federal Reserve if they need to, ...

MP Materials (MP.N) and other Western companies are seeking to develop supplies of processed rare earths needed for the green energy revolution in a sector dominated by China. The 17 ...

Kraft Heinz (KHC.O) missed quarterly sales estimates last week as inflation-hit customers bought fewer packaged meals and condiments, discouraged by higher product prices. Shares of the Jell-O maker were ...

Yum Brands (YUM.N) topped market estimates for quarterly results last week, as cheaper meals and promotional offers at its KFC restaurants boosted demand and overshadowed lackluster traffic at Taco ...

Wix.com (WIX.O), which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and raised estimates ...

Here are the top business stories in Cyprus from the week starting July 31: Hellenic Bank on Tuesday announced that chief executive officer Oliver Gatzke will be stepping down from his ...

“Smart” technologies in homes reduce energy use and bills, prompting stepped-up European research in the field. By Helen Massy-Beresford They may lack the environmental wow factor of switching to an ...

It’s a high bar, but companies reporting second-quarter earnings in recent weeks have talked up artificial intelligence even more than in the previous quarter. S&P 500 (.SPX) companies ...