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.
German airline group Deutsche Lufthansa (LHAG.DE) said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets.
“...
A “salad crisis” affecting British supermarkets hit headlines earlier this year but shoppers across Europe and the Middle East seeking some basic groceries – from pasta to beer to toothpaste – are ...
National investment promotion agency Invest Cyprus on Wednesday released a statement summarising its activities at the Delphi Economic Forum, where a number of actions and initiatives helped to showcase investment ...
Twitter chief Elon Musk has “threatened” to reassign National Public Radio’s Twitter account to another company, the US-based broadcaster said on Tuesday.
Musk suggested that he would reassign the ...
Are you looking for the best cryptocurrencies to invest in for 2023? Polygon (MATIC), Chainlink (LINK) and Collateral Network (COLT). Collateral Network (COLT) has made headlines as the first blockchain platform ...
As the crypto landscape evolves, a revolutionary newcomer has entered the fray: Sparklo (SPRK), poised to challenge Shiba Inu’s dominance in the realm of cryptocurrencies. With its presale already ...
Chinese models dominated electric car sales in Israel during the first four months of 2023, shows data released by the Israel Vehicle Importers Association on Tuesday.
The statistics showed that 66 per ...
The popular altcoin Tezos (XTZ) is worrying investors as its price continues its downward trend. On the good side, savvy investors may want to consider DigiToads (TOADS), one of the ...
Hollywood writers have for decades penned sci-fi scripts featuring machines taking over the world. Now, they are fighting to make sure robots do not take their jobs.
The Writers Guild ...
Household assets in financial instruments amounted to €59.7 billion at the end of December 2022, according to an announcement by the Central Bank of Cyprus (CBC) released on Tuesday.
According to the ...
The Cyprus Chamber of Commerce and Industry on Tuesday announced that Winecore, a group of 15 Cypriot wineries, held its first wine dinner on April 26 at the Dionysus Mansion restaurant in ...
Euro zone banks are turning off the credit taps and a key gauge of inflation is finally falling, data showed on Tuesday, boosting the case for a smaller interest-rate increase ...
HSBC Holdings (HSBA.L) reported on Tuesday its quarterly profit tripled, beating expectations, as rising interest rates worldwide boosted the lender’s income and helped it pay a first quarterly ...
BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received the first broker-dealer minimum viable product operational license from Dubai’s crypto regulator, the company said ...
Thousands of film and television writers headed to picket lines on Tuesday for their first work stoppage in 15 years, sending Hollywood into turmoil and disrupting TV production as the industry ...
Defi tokens like ARB and other well-known crypto projects are still struggling. With a recession arguably underway, mainstream economic effects are being felt in the blockchain world. People have less ...
Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts of the world, such as Argentina and Turkey, where soaring prices and tumbling local currencies have forced people ...
The balance of deposits in Cyprus reached €51.9 billion in March 2023, while the balance of total loans amounted to €25.1 billion, according to a report published on Tuesday by the Central Bank ...
Hermes Airports, the consortium that manages and controls the island’s two International Airports, on Tuesday released a statement welcoming Jazeera Airways to Cyprus.
Jazeera Airways, a low-cost carrier based ...
Since the establishment of Bitcoin (BTC) in 2009, it has revolutionized the finance industry and paved the way for the establishment of altcoins such as Avalanche (AVAX), Chainlink (LINK), and most ...
Cyprus has been identified as a “potential rising star” for the rise of its credit rating in the investment category, according to a report released on Monday by global rating ...
Qatar Airways could expand its number of destinations to more than 255 from 170 currently under plans for rapid growth, but its ability to do so depends on the delivery of additional ...
TMS Network’s (TMSN) token has experienced an incredible 1600% price increase, leaving other Layer 2 solutions such as Polygon (MATIC) and Arbitrum (ARB) behind. This meteoric rise has garnered attention from ...
The goal is to increase tourism flow to the island by five to 10 percent compared to 2022, Deputy Minister for Tourism Costas Koumis said on Tuesday.
Speaking on CyBC’s morning ...