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.
At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals.
Less ...
The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut ...
South Korea’s LG Energy Solution Ltd (LGES) (373220.KS) said on Friday it would resume a stalled US battery project with a $5.6 billion investment in Arizona to qualify for federal ...
“The cryptocurrency market is constantly evolving and offering new opportunities for investors who want to diversify their portfolio and benefit from the innovation and growth of this sector. However, with ...
Electric vehicle adoption took off in 2022, with the global market for such cars growing by 55 per cent during this time, for total sales of 10.1 million units, according to a report ...
New sails and boat designs are set to help shipowners slash fuel costs and emissions.
By Gareth Willmer
There is no mistaking Cristina Aleixendri’s enthusiasm – and competence – when it ...
Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European Union lawmakers to agree on landmark AI laws, sources with direct knowledge of ...
The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc (COIN.O) over some of the crypto exchange’s products, turning up the heat on the ...
Banks have been criticised for being slow in responding to the recent ECB interest rates hike
Cyprus’ main banks are set to increase interest rates on deposits this year after ...
As the crypto market continues to recover from the recent downturn, many investors are looking for promising projects that have the potential for long-term growth. Three such projects that have ...
Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around 5 billion pounds ($6.12 billion), Sky Sports News reported on ...
Cyprus Consul Christos Poullaides held meetings with Bahraini Ministers to discuss bilateral cooperation on energy and tourism matters, according to an announcement released on Friday.
The meetings centred on discussions ...
Greek digital marketing firm Panadvert on Friday released a statement lauding the results of its advertising campaign for Hermes Airports, aimed at promoting Cyprus as a tourist destination in the ...
Non-performing loans in Cyprus decreased to 9.5 per cent of total loans at the end of 2022, according to a report published this week by the Central Bank of Cyprus.
This marks ...
The Bank of Cyprus on Saturday released a statement saying that it has detected numerous attempts to carry out unauthorised transactions, through cards of various banks, using online merchants, which ...
Cypriot tourism will have to adapt to new regulations and modern traveller preferences
Cypriot tourism professionals are turning their focus on sustainability, with a view to aligning with climate-friendly directives ...
With Orbeon Protocol (ORBN) revolutionizing the crowdfunding and venture capital industry, investors on the Quant (QNT) and Chiliz (CHZ) network are scrambling to acquire more about Orbeon Protocol. Orbeon Protocol ...
Deputy Minister of Tourism Costas Koumis this week visited the Limassol regional tourism board (Etal), pledging to provide solutions to longstanding issues in the district.
The meeting, which also saw ...
Port management company DP World Limassol on Friday released a statement about the visit of three key ministers earlier this week, which marks the first official visit of the new ...
California-based cultivated meat company GOOD Meat has received clearance from the Food and Drug Administration to bring its lab-grown chicken to market, according to agency documents released on Tuesday.
Several ...
The EcoX Cyprus fintech community is organising an open discussion and networking event in Limassol to discuss blockchain technologies and their applications in the real estate industry.
The event is ...
The Central Bank of Cyprus (CBC) on Friday announced that it has slightly increased its estimates for economic growth in 2023, citing a more positive external environment and expected lower energy ...
Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry’s growth in Texas, according to a top trade group, citing the rise in the miners’ ...
Cash-strapped British households cut back on eating out and takeaways last month and instead bought food at supermarkets and shopped at discount stores, giving an unexpected boost to retail sales, ...