Business

The European Union sees no need to extend an agreement to transport Russian gas to Europe via Ukraine, ahead of the contract’s planned expiry at the end of the ...

Cyprus is expected to experience further growth in its Gross Domestic Product (GDP) in 2024, combined with a slowdown in inflation, according to the European Commission’s interim winter forecast, released ...

Finance Minister Makis Keravnos on Thursday said that new support measures will be discussed at the upcoming Cabinet meeting, scheduled for next week, after which they will be announced to ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday awarded three of its staff members as a gesture of recognition and appreciation during a ceremony for the new year. Additionally, ...

Despite the high volatility of the crypto market, many crypto projects have witnessed a massive inflow of investors. As the year goes by, analysts have picked the best cryptocurrencies that ...

Shifts in consumer behaviour, privacy concerns, and increased competition on social media platforms have resulted in advertising agencies needing to be flexible and innovative, according to Nicoletta Charalambous, the managing ...

The Municipality of Paphos this week recognised the Chief Executive Officer of Jet2 Steve Heapy, who is considered to be one of the most prominent figures in the global travel ...

As an upcoming ICO, Algotech (ALGT) has showcased its technological prowess and also underscored its ability to outshine established competitors like Chainlink (LINK) and Stacks (STX). With groundbreaking success, such ...

Ukraine has refused to remove Raiffeisen Bank International (RBIV.VI) from a “sponsors of war” blacklist, challenging the biggest Western bank in Russia to sever its ties to Moscow. In ...

Oil prices fell on Thursday after a larger-than-expected jump in US crude inventories raised doubts about the strength of demand in the world’s largest economy and top oil consumer. ...

European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry, amid a steep fall in office prices on both sides of the Atlantic and investor ...

Mediterranean Hospitality Venture PLC (MHV) is pleased to announce the appointment of Achilleas Dorotheou as its new Chief Executive Officer. A distinguished figure in the hospitality sector, Dorotheou brings over 30 ...

Britain’s economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an election ...

Japan’s Sony (6758.T) slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on ...

Minister of Justice Marios Charalambous this week met with the president of the Cyprus Chamber of Commerce and Industry (Keve) Stavros Stavrou, along with a delegation from the chamber’s ...

Coca-Cola (KO.N) surpassed Wall Street expectations for fourth-quarter revenue on Tuesday, as it benefits from higher product prices and buoyant demand for its juices, energy drinks and sodas. Despite ...

Lyft (LYFT.O) beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it cut costs and became ...

Commonwealth Bank of Australia (CBA.AX) on Wednesday warned of downside economic risks building in Australia from continued high interest rates and persistent inflation, as the country’s largest lender ...

British inflation unexpectedly held steady at 4.0% in January, defying forecasts of a rise, official data showed, offering relief for the Bank of England (BoE) and Prime Minister Rishi Sunak too ...

Cyprus could start producing its first natural gas as soon as 2026, and plans to participate in a high-powered electricity cable project linking the eastern Mediterranean to continental Europe, its energy ...

The Cypriot economy grew by 2.1 per cent in the fourth quarter of 2023, compared to a growth rate of 2.3 per cent recorded in the corresponding quarter of 2022, according to a report ...

The yachting sector is poised to experience further growth both in Cyprus and on an international scale during 2024, according to Nikiforos Pampakas, the general manager of Limassol Marina, In an ...

Consulting and advisory firm PwC Cyprus has marked a significant achievement in its journey towards achieving net zero greenhouse gas (GHG) emissions, with the company successfully transitioning to using 100 per ...

British billionaire Jim Ratcliffe’s acquisition of a 25% stake in Manchester United was ratified by the Premier League after he passed the organisation’s Owners’ and Directors’ test. The $1.25 billion ...