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.
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 ...
HELLENiQ ENERGY, formerly known as Hellenic Petroleum, on Tuesday announced the acquisition of six solar parks in Cyprus with a total capacity of 26 MW.
According to the announcement, this strategic ...
Cyprus has been selected to host the International Conference and General Assembly of the Women’s International Shipping and Trading Association (WISTA International) in 2024, with the event set to take ...
The president of the Paphos Chamber of Commerce and Industry (Evep) George Mais this week emphasised the necessity of accelerating actions and efforts related to the digital transformation and other ...
Prices in British store chains rose at the slowest pace in more than a year in October, according to industry data that adds to signs that the country’s high ...
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co (002594.SZ) for HK$201.73 million ($25.78 million), a stock exchange filing showed.
...
Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund that tracks its price. But will it strike gold?
The world’s ...
Long-term conflict in the Middle East could delay projects for the development of natural gas fields, experts said on Tuesday as others postulated that in the three to four years ...
Almost three in 10 UK consumers plan to spend less in the festive period this year than last year, reflecting the impact of the ongoing cost-of-living crisis, according to survey data ...
Are you interested in incorporating Bitcoin and other forms of cryptocurrency payments into your e-commerce store? In today’s landscape, businesses must stay updated with the latest trends. Embracing the ...
The government is working towards making Cyprus energy independent, Energy Minister George Papanastasiou said on Tuesday.
“The autonomy of a state is not only related with its finds and its ...
Household debt in Cyprus has fallen to 69 per cent of the Gross Domestic Product (GDP), according to a report released on Tuesday by the Central Bank of Cyprus (CBC), for ...
The cryptocurrency market is no stranger to surprising upswings and innovative platforms. But few have caused as much buzz recently as BorroeFinance ($ROE). Drawing significant attention from Binance Coin (BNB) ...
Euro zone inflation dropped to its lowest level in over two years in October, as energy prices fell and the high interest rates set by the European Central Bank dampened ...
International online shopping has opened up a world of possibilities for consumers, allowing them to access products from around the globe. However, with the benefits of global e-commerce come the ...
Britons are turning to unregulated “buy-now-pay-later” credit in ever increasing numbers to pay their bills, the Financial Conduct Authority said on Tuesday, in the latest sign of how the country’...
The Bank of England is expected to keep interest rates at their 15-year high on Thursday as it battles an inflation rate that is more than three times as high ...
Electricity tariffs in the north are set to increase by a third from Wednesday, following an announcement from north’s electricity authority Kib-Tek.
For residential properties paying the flat-rate tariff, ...
BP (BP.L) on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts as strong oil trading and refining margins were offset by weak gas results while the firm wrote ...
Apple (AAPL.O) on Monday introduced new MacBook Pro and iMac computers and three new chips to power them, with the company saying it had redesigned its graphics processing units (...
An external evaluator will be assigned to help calculate the cost of milk production, following disagreement among milk producers, the ministry announced.
Agriculture Minister Petros Xenophontos, meanwhile, said on Tuesday ...
The European Central Bank (ECB) kept interest rates unchanged last week, breaking a remarkable trend of ten successive rate hikes.
The ECB remained resolute in its stance that the increasing ...