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.
A big selloff that pushed US borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc’s economic growth and funding needs ...
Nvidia Corp’s (NVDA.O) soaring rally has thrilled investors this year – except for the sizeable number of fund managers who avoided what they believe to be an expensive stock.
...
Hellenic Bank announced on Wednesday that it posted a profit of €160.2 million during the first half of 2023, a result that underscores the resilience of its business model amidst a challenging ...
Wise investors often suggest focusing on valuable options in the early stages to maximize your gains. Thus, there’s a big demand for Everlodge’s presale tokens. This new project ...
Leading social copy trading platform, Finvasia Group’s ZuluTrade, will be the Official Night Party Sponsor of the largest B2B fintech expo of the year, iFX EXPO International 2023. A ...
In a global economy where financial inclusion can make or break an individual’s livelihood, the unbanked remain a vulnerable and underserved population. Access to traditional banking services may be ...
The world of Forex trading can be complex and demanding, especially for those looking to navigate its unpredictable waters. One of the key tools traders rely on to enhance their ...
The Cyprus Research & Innovation Foundation (Idek) on Tuesday announced a groundbreaking opportunity for the Cypriot startup, innovation and research ecosystem, allowing successful applicants to engage in international collaborations.
According ...
The Cyprus fuel sector experienced a notable 9.7 per cent increase in total sales during July 2023 in comparison to the same period in 2022, according to a report released this week.
This ...
Norway’s latest offshore oil and gas exploration licensing round attracted bids from 25 companies, including Shell , ConocoPhillips (COP.N), Aker BP (AKRBP.OL) and Equinor (EQNR.OL), the energy ministry ...
Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction ...
Officials of the European Investment Bank (EIB) will be in Cyprus next month for talks with the government concerning the EuroAsia Interconnector project, the finance minister told MPs on Tuesday.
...
After experiencing a notable increase over the past two months, both deposits and loans in the Cypriot banking system witnessed a decline in July 2023.
According to data released this week ...
The Cyprus Association of Tourism Enterprises (Stek) and the Crete regional authority joined forces on Tuesday in an effort to enhance and diversify their tourism product while extending the tourist ...
As financial markets become increasingly complex, it’s crucial for traders to stay ahead of the curve. One way to do this is by leveraging the power of backtesting and ...
Oil prices were little changed on Tuesday as investors weighed the enduring possibility of another US interest rate hike undercutting demand against supply concerns emanating from a hurricane hurtling towards ...
The post-pandemic trend of people prioritising travel could be a more permanent change in consumers’ spending habits, the head of Ireland’s largest hotel group Dalata (DHG.I) said on ...
Toyota Motor Corp (7203.T) on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due to a production system malfunction, bringing domestic output to a ...
In years past, Siberian Viktor Motorin could hop on a plane and arrive in Crimea just four hours later to relax at his holiday apartment. Now he must fly first ...
The cryptocurrency landscape is as dynamic as ever, with traders and investors scouting for answers to the crucial question: which crypto to buy?
Amid fluctuations, some cryptos, like EOS and ...
Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth ...
National flag carrier Cyprus Airways on Monday announced a remarkable 70 per cent surge in passenger numbers in July, transporting a total of 77,656 passengers, compared to 45,578 passengers during the same month ...
British consumers’ mood perked up this month as lower inflation made individuals less downbeat about the outlook for their personal finances, although sentiment remained poor overall due to concern about ...
Dubai-owned ports giant DP World [RIC:RIC:DPWRD.UL] will invest around $510 million to build a new container terminal at the Kandla port in the Indian state of Gujarat, its ...