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.
French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by big brands like P&G (PG.N) and ...
Italy is under growing market scrutiny as Prime Minister Giorgia Meloni prepares a difficult 2024 budget, with investors dismayed by government moves affecting sectors from banks to airlines.
The Treasury will ...
Everlodge has been surging lately, surpassing Ripple (XRP) and Litecoin (LTC). This is likely because the platform allows anyone to invest in real estate with as little as $100. Let’s ...
The commercial real estate market is an integral part of Cyprus’ economy and, over the past few years, it has experienced major growth and development. This is largely thanks to ...
The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by US bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention ...
TechIsland, the largest technology association in Cyprus, with over 270 members, held its annual TechIsland Summit within the framework of the Reflect Festival on September 20, 2023.
According to a statement released on ...
Limassol port manager DP World on Tuesday released a statement saying that as part of the celebrations to mark World Tourism Day, it held a special event for passengers last ...
The 2023 tourist season is set to surpass the record-breaking year of 2019 in terms of the number of foreign tourists. The numbers have been confirmed by the arrivals at our airports, ...
Cyprus has emerged as the leader in brain business job growth in Europe, with an impressive 62 per cent increase in the share of adults employed in such roles since 2014, according ...
Kition Ocean Holdings has officially declared zero increases in berthing fees for yacht owners in Larnaca Marina for the year 2024, according to a statement released by the company.
The statement ...
A delegation from the Municipality of Limassol, led by Mayor Nikos Nicolaides, recently visited Malaga, Spain, to discuss and solidify a Memorandum of Cooperation between the Municipality of Limassol and ...
Amazon.com (AMZN.O) on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud rivals on ...
State oil giant Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) (TAQA.AD) said on Monday they secured the financing for a $2.2 billion project to ...
TechIsland, the largest tech association in Cyprus, announced the launch of version 1.0 of the “CY GUIDE Chatbot” powered by LoqosAI. Aimed at providing smooth transition for individuals relocating to Cyprus, ...
By 2025 the state-run entity managing minimum oil stocks will have self-owned storage facilities, Energy Minister George Papanastasiou said on Monday.
Currently Kodap (Organisation for the Storage and Management of Oil ...
The Central Bank of Cyprus (CBC) on Monday made a slight downward revision to its growth forecasts for 2023 and 2024, according to its latest macroeconomic projections released in September.
The CBC ...
Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2 trillion pound ($2.5 trillion) government bond market a year on from the “mini-budget” crisis that ...
While Solana (SOL) has faced challenges despite integrating with Visa, VeChain (VET) surged following its collaboration with SingularityNET. VC Spectra (SPCT) is also gaining attention for its lucrative returns. The ...
In the ever-competitive and rapidly evolving crypto world, milestones serve as significant markers of growth and potential. As the Coinbase layer-2 network, Base, reaches an impressive 2M transactions in a ...
The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should try to avoid a hard landing of the ...
Britain’s decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the ...
A US sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for departing foreign firms when the deal was on the ...
Crypto millionaires are switching their investments from established cryptocurrencies like Polkadot (DOT) and Tron (TRX) to a rapidly rising newcomer, Everlodge (ELDG). Now in its presale phase, Everlodge represents a ...
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that ...