Business

President Nikos Christodoulides this week underscored the government’s commitment to the shipping industry and praised the multifaceted work of the Cyprus Shipping Chamber (CSC) during a formal meeting held ...

Record demand from India sharply increased Airbus (AIR.PA) orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data showed on ...

US auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker’s advanced driver assistance system ...

Cyprus experienced a significant decline in inflation during June 2023, reaching its lowest level in the past 25 months, according to a report released this week. The inflation rate was measured at 1.9 ...

Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in US oil stockpiles, offsetting fears of ...

Deputy premier Saade Chami said on Friday that deputy governors of Lebanon’s central bank should run it if no governor is appointed by the end of the month, calling ...

The recently published European Innovation Scoreboard 2023 reveals that Cyprus has showcased robust innovation performance, positioning it as a strong innovator and above the European Union (EU) average. The report emphasises ...

British house prices fell last month in annual terms at the fastest rate in 12 years and soaring interest rates are likely to herald more weakness in the housing market, mortgage ...

Cryptocurrency prices are on a steady upward rise, which may elevate the volume of investors in the market. As the number of investors increases, the number of trades within crypto ...

In the vast and ever-expanding landscape of cryptocurrencies, Ethereum (ETH) has long held a prominent position as one of the top crypto coins. Known for its smart contract capabilities and ...

The Central Bank of Cyprus (CBC) on Friday cautioned the public to watch out for an alleged entity operating under the name “Universal Banks” and using the website: www.universalbanks....

Deputy Minister of Tourism Kostas Koumis described Saudi Arabia as a potentially significant tourism market for Cyprus. The minister’s comments were made during his visit to Saudi Arabia this ...

The number of registered unemployed individuals in Cyprus in June 2023 reached its lowest level in the past 17 months, according to seasonally adjusted data released this week by the state’s ...

The CYENS Centre of Excellence and the Cyprus University of Technology (Tepak) this week signed a cooperation agreement with the aim of further developing joint activities in the fields of ...

Retail sales in the eurozone were unchanged in May, Eurostat said on Thursday, as increased spending on non-food items offset declines for food and automotive fuel. Retail sales volumes in ...

Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28 per cent to $31,500. The world’s largest cryptocurrency has recently found support due to plans by fund ...

Amazon’s AMZN.O $1.7 billion acquisition of robot vacuum cleaner maker iRobot IRBT.O may reduce competition and strengthen Amazon’s position as online marketplace provider, EU antitrust regulators warned ...

U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit to China focused on easing tensions between the world’s two largest economies, despite low expectations on both ...

Two projects have captured the attention of investors and enthusiasts alike, as the crypto market continues to get more and more interesting – Chainlink and InQubeta. Both projects offer creative solutions ...

Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its defence of long-standing ties with Moscow. Raiffeisen (RBI), the ...

There’s good news on the horizon for Ethereum, as investors see a reversal in fortunes and start to prepare for the next bull run. Other ERC20 altcoins like DigiToads ...

The Housing Price Index (HPI) in Cyprus experienced a substantial increase of 5.9 per cent during the first quarter of 2023 compared to the same period in 2022, according to a recent preliminary ...

After a slight dip in price following the SEC’s new lawsuits, Stacks’ value has rallied by over 27%, making Stacks one of the most profitable assets in June. This price ...

The annual International Investment Awards ceremony, which was organised by Invest Cyprus, was held with great success, according to an announcement released on Thursday by the agency. Notably, the event ...