Business

The Harmonised Index of Consumer Prices (HICP) in Cyprus increased by 3.6 per cent in October 2023, compared to October 2022, while registering a decrease of 0.1 per cent compared to the previous month, ...

By Charles Ellinas The UN Intergovernmental Panel on Climate Change (IPCC) released in September a review of the energy transition progress on meeting the Paris Agreement goals, referred to as ...

Hyundai Motor (005380.KS) unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover SUV. The South Korean automaker said that the IONIQ 5 N, which will ...

The one-stop-shop shipping centre, operating within the Deputy Ministry of Shipping, is slated to commence its operations on Monday, November 20, according to an announcement released this week. Following a Cabinet ...

As financial services evolve, two terms have increasingly become the focal point of discussion and innovation: open banking and open finance. These concepts, though related, offer distinct advantages and have ...

Tourist arrivals in Cyprus during the first ten months of 2023 soared by 21.1 per cent compared to last year, according to a report released on Friday by the Cyprus Statistical Service (...

The Cyprus Investment Funds Association (CIFA) on Friday expressed its commendation for the recent approval by the Cabinet of a draft law regarding the establishment and operation of Fund Managers ...

Cyprus is grappling with heightened economic uncertainty as October witnessed a marked spike in the Economic Policy Uncertainty (EPU) index, escalating to 256.63 from September’s relatively stable 202.84, according to the ...

In a bull market, a rising tide lifts all boats – everything pumps. But investors shouldn’t limit their upside by investing in only the top ten cryptocurrencies. Sure, these large, ...

British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home, official data showed on Friday, in a new warning sign for the economy. Retail sales volumes ...

Some of the cryptocurrencies held by defunct centralized cryptocurrency exchange FTX have emerged as the best coins to invest in as bulls take over. Solana (SOL), one of the exchange’...

Airbus (AIR.PA) won a consolation order for 15 A350-900 jets from Emirates on Thursday after a public row between the Mideast giant and engine maker Rolls-Royce (RR.L) prevented ...

So, you’ve heard about Axie Infinity and ApeCoin, right? These big shots in the crypto gaming world definitely broke some ground and completely took over the conversation of which ...

In recent months, top altcoins THORChain (RUNE), VC Spectra (SPCT), and Shiba Inu (SHIB) have experienced significant growth driven by their network potential. These assets present diverse pathways for potential ...

Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world’...

Oil prices were little changed on Friday but on track for their fourth straight week of losses after tumbling about 5 per cent to a four month-low on Thursday on worries ...

OpenAI, whose generative AI products initially raised fears of widespread cheating on homework, is now exploring how it can get its popular ChatGPT chatbot into classrooms, according to a senior ...

Alpha Bank Cyprus this week announced that it conducted a special event on Tuesday, November 14, at its headquarters in Nicosia, in support of Men’s Health Awareness Month, in order ...

The head of the International Monetary Fund has urged countries to make a more proactive push to develop central bank digital currencies (CBDC). Eleven countries, including a number in the ...

British house prices fell in annual terms in September for the first time since 2012 and rents rose sharply last month, official data showed earlier this week, underlining the weak state ...

The European Commission this week said it had given Amazon (AMZN.O) until Dec. 6 to provide more information on measures the online retailer takes to protect customers against illegal products. ...

Introduction Data breaches have become a regular occurrence in the digital age, where so much is conducted online. If there aren’t any proper security measures online, then it’s ...

Construction sector described as the engine of the Cypriot economy Cyprus Land and Building Developers Association (LBDA) president Michalis Hadjipanayiotou on Thursday lauded the local property sector’s robustness, reflected ...

Bitcoin’s price has continued to surge as we approach the end of 2023. The crypto giant is leading the pack out of the crypto winter that started in 2021. With this ...