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.
Britain’s labour market remains tight, despite a fall in job postings by employers over the course of 2023 and broader weakness in the economy, figures from recruitment platform Indeed showed ...
Trading app operator Robinhood Markets Inc (HOOD.O) said on Thursday it has launched commission-free crypto trading to customers in the European Union.
“It is the only custodial crypto platform ...
Palta is a co-founding company, which invests in health-focused startups
With a core mission of delivering meaningful contributions to people’s lives, Palta has several successful projects, among them are ...
Cyprus Stock Exchange (CSE) president Marinos Christodoulides recently emphasised the growing importance of Sustainable Development, Social Responsibility, and Corporate Governance in the financial sector.
Addressing attendees at the ESG Cyprus ...
Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector.
Held at ...
British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs that the past year’s ...
Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the US ...
EU countries and lawmakers have agreed on rules governing artificial intelligence systems such as ChatGPT after 10 hours of discussions, a person with direct knowledge of the talks said on Thursday.
...
In the world of cryptocurrencies, Everlodge shines bright as an exciting option for people looking to invest. As the overall market sentiment is improving, investors are looking to make the ...
Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia
“We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...
In 2023, three cryptocurrencies emerged as leading investment options: Stacks (STX), Bitcoin Cash (BCH), and VC Spectra (SPCT). While Stacks has gained attention with its upcoming upgrades, Bitcoin Cash has gained ...
The central government’s debt fell by 5.6 per cent between June and September to €22.5 billion.
The figure amounts to a €1.33bn reduction over the course of the three-month period in ...
Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...
The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that the International Matchmaking Event it recently held at a major energy conference was a resounding success.
The matchmaking ...
The Cyprus Statistical Service (Cystat) released a report this week revealing a notable upturn of 6.7 per cent in industrial business activities during the first nine months of 2023, compared to the ...
Alphabet (GOOGL.O) on Wednesday introduced its most advanced artificial intelligence model, a technology capable of crunching different forms of information such as video, audio and text.
Called Gemini, the ...
Britain’s construction sector activity fell sharply for a third month in a row in November, led by an ongoing slump in house-building as it bears the brunt of higher ...
In the rapidly evolving landscape of technology and business, women are increasingly making their mark, breaking through barriers, and rising to leadership positions.
Drawing on the insights of accomplished female ...
Russian President Vladimir Putin landed in Saudi Arabia on Wednesday and immediately began hastily arranged talks with Crown Prince Mohammed bin Salman on oil, Gaza and Ukraine.
It was not ...
Founded in 2021, TechIsland has grown to be Cyprus’ largest tech association, now comprising over 270 member companies
The organisation’s core mission is to transform Cyprus into a leading tech hub. “...
President Nikos Christodoulides is scheduled to meet the representatives of the Independent Power Transmission Operator (ADMIE) over the Euro-Asia Interconnector on Thursday.
He will be accompanied by Energy Minister George ...
The Cyprus Committee of Financial Literacy and Education convened for the first time at the Central Bank of Cyprus (CBC) on Tuesday, December 5, according to a statement released on Wednesday.
...
Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...
The attention on Day 6 of the UN COP28 climate summit in Dubai was Energy. It was the day when the key question about the future of fossil fuels came to ...