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.
Emerging stock market India are hailed as the new frontier of global economic growth that shows a double-edged sword for investors who want to make enough money. However, these markets, ...
Luxury sports carmaker Ferrari (RACE.MI) has no plans to transfer its registered office from the Netherlands at the moment, a spokesperson for the company said on Wednesday.
Earlier on ...
After two consecutive months of inflationary increases, October has brought signs of moderation in Cyprus’ inflation rate, according to the latest report by the Cyprus Statistical Service (Cystat).
According to ...
Shell (SHEL.L) on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas (LNG) trading.
The company announced share buybacks ...
A technical glitch that cancelled all flights departing from Turkey’s biggest city of Istanbul on Wednesday is now fixed and operations are returning gradually to normal, Turkey’s flag-carrier ...
The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that ...
The Cypriot government has reported a surplus of €931.6 million for the period spanning January to September 2023, according to a preliminary estimate released this week by the state’s statistical service.
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Hellenic Bank on Wednesday released a statement underlining that it is spearheading the green transition with innovative, specialised products, something which was further stressed during a recent energy conference.
The 11...
Turkey is preparing new legislation covering crypto-assets to persuade an international crime watchdog to remove it from a “grey list” of countries that have taken insufficient action to prevent money ...
British house prices unexpectedly rose by almost 1 per cent in October but the increase was due more to a lack of homes for sale than a turnaround in the market ...
Toyota Motor (7203.T) more than doubled its second-quarter profit and sharply raised its full-year outlook on Wednesday, as a weaker yen currency bolstered the impact of robust global sales.
The ...
At a time when the cruise tourism industry is showing amazing prospects around the world, the crisis that has erupted in neighbouring Israel is creating new factors, which may negatively ...
Former Russian president Dmitry Medvedev sneered at the Danish brewer Carlsberg CARLb.CO on Wednesday for having thought it could quit Russia without penalty after the West sanctioned Moscow for ...
Energy Minister George Papanastasiou said on Wednesday he believed a solution will be found to issues that arose with Chevron and the state over development plans of the Aphrodite gas ...
Crypto markets are prominent for their quick and unpredictable cost swings. Because of the eccentric nature of the crypto market, this financial market attracts various people who can deal with ...
British luxury carmaker Aston Martin (AML.L) posted a bigger than expected quarterly loss on Wednesday and lowered its 2023 volume outlook due to production issues for its new DB12 sports ...
Amid the war in the Middle East, high energy prices, persistent inflation, and high interest rates, the country is facing serious challenges, all of which have contributed to increased economic ...
If you are looking for the ideal boiler for your family home, look no further than the combi boiler, a cheap and reliable option that would fulfil your winter needs.
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Ripple’s several victories in the ongoing lawsuit against the SEC have seen XRP become a darling of investors and the best crypto to buy as its price rises. Consequently, ...
Despite the accumulated challenges it faces, the real estate sector in Cyprus continued to display its resilience during the third quarter of 2023, the Real Estate Agents Registration Council said on ...
A Bitcoin (BTC) pump has sparked excitement in the crypto market, fueling hopes of a U.S. spot Bitcoin exchange-traded fund (ETF) approval. Amidst this enthusiasm, Solana (SOL), Mantle (MNT), ...
Tesla (TSLA.O) is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday.
The company had earlier said that ...
Oil prices edged up in Asian trade on Wednesday ahead of key meetings of global central banks this week, including the US Federal Reserve, while the market closely watched the ...
The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank loans handed out to ailing businesses during the COVID-19 pandemic, leaving lenders on the hook for some ...