Business

Major US air carriers warned on Wednesday that plans by wireless carriers to use spectrum for 5G wireless services starting Jan. 5 could disrupt thousands of daily flights and cost air ...

The country’s tourism boss sounded a cautiously optimistic note on Thursday about the sector’s prospects in the new year, but acknowledged the looming uncertainty as European leaders in ...

Credit rating agency Fitch Ratings reported on Wednesday that it has revised Hellenic Bank’s outlook to positive from negative, while also affirming the bank’s Long-Term Issuer Default Rating (...

Leading Paris taxi company G7 has suspended the use of Tesla (TSLA.O) Model 3 cars in its fleet after a fatal accident involving one of the vehicles over the weekend. ...

Australia’s Qantas Airways Ltd (QAN.AX) said on Thursday it has chosen Airbus SE (AIR.PA) as the preferred supplier to replace its domestic fleet, switching from Boeing Co (...

Reddit Inc, known for its message boards that became the go-to destination for day traders during this year’s meme stock frenzy, said on Wednesday it had confidentially filed for ...

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line ...

American credit rating agency Fitch Ratings announced on Wednesday that it has revised the Bank of Cyprus’ outlook to positive from negative, while at the same time affirming the bank’...

British inflation surged to its highest in more than 10 years in November, jumping to 5.1 per cent and potentially unsettling the Bank of England a day before it announces whether it ...

The number of job vacancies suffered a 3 per cent decrease during the third quarter of the year, according to the Cyprus Statistical Service (CyStat), with the number of job vacancies ...

The total value of Assets under Management (AuM) of Collective Investments reached €11.6 billion in the third quarter of 2021, according to a report released on Wednesday by the Cyprus Securities and ...

As is the case with the global and European economies, the course of the Cypriot economy continues to greatly depend on the pandemic but despite being characterised by uncertainty, the ...

Shares in Chinese health care and technology firms tumbled on Wednesday after a report that the United States will add more Chinese firms, including the largest commercial drone maker and ...

Shares in Cineworld Group (CINE.L) sank nearly 40 per cent on Wednesday after a Canadian court asked the British cinema operator to pay C$1.23 billion ($957 million) to rival Cineplex as ...

Lebanese officials have agreed that losses in the country’s financial sector amount to between $68 billion and $69 billion, Deputy Prime Minister Saadeh al-Shami told Reuters but cautioned that the figure ...

This article summarises the discussion Forum organised by the Cyprus Economic Society on 14 October 2021 on the German Elections and What it Means for Europe. The speaker was Dr Christian Odendahl, ...

Point of sales (POS) terminals have seen a 15 per cent rise in Cyprus between 2018 and 2020, according to a survey of 14 countries in central and eastern Europe conducted by technology company ...

International healthcare and diagnostic services company Medicover has acquired a controlling stake in Cypriot biotechnology NIPD Genetics, according to a statement released by the two companies earlier this month. “This ...

Cyprus telecommunications company Cablenet has renewed its broadcasting and sponsorship agreement with Nicosia club Apoel, a statement announced on Tuesday. “Apoel is pleased to announce the start of a sponsorship ...

Minister of Finance Constantinos Petrides earlier this week led a group of Cypriot representatives on a trip to Dubai, aiming to promote Cyprus as an investment and business centre to ...

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting ...

Tesla Inc (TSLA.O) chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 per ...

The Turkish government is soon expected to present to parliament an additional budget for next year, two officials said, because a sharp lira sell-off has strained the existing budget with ...

Oil prices dipped towards $74 a barrel on Tuesday after the International Energy Agency (IEA) said that the new Omicron coronavirus variant was set to dent the global demand recovery while ...