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.
French retailer Carrefour (CARR.PA) on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, having just opened 50 stores in the country.
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Furore over AG’s absence from House committee
There has been no impact to Cyprus’ financial stability as a result of the sanctions, only to its international reputation, Central Bank ...
Alphabet Inc’s (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has ...
Hellenic Bank on Wednesday released a statement summarising its presence at the annual Nicosia Economic Congress, which took place the day before, including its strategy and plans for the future.
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Toyota Motor Corp (7203.T) on Wednesday said it expects operating profit to climb 10 per cent this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an ...
Are you looking for a promising new project in the world of blockchain? Let’s look at the future outlook of Litecoin (LTC), XRP (XRP), and Collateral Network (COLT), recent ...
Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to broaden an array of reforms aimed ...
While the Securities and Exchange Commission (SEC) continues to crack down on cryptocurrencies such as XRP (XRP), foreign nations have been re-evaluating their reliance on the US Dollar as the ...
Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the platform.
Last year, Musk flagged plans for “Twitter 2.0 ...
Egypt’s annual urban consumer inflation in April slowed to 30.6 per cent from 32.7 per cent in March, data from the state statistics agency CAPMAS showed on Wednesday, lower than analysts ...
Since it may be difficult for certain projects to recover from failure, the negative market has long been a source of worry for many cryptocurrency investors and traders. Market observers ...
Investors seeking better returns are questioning Solana’s ability to reach its $1,000 price target as doubts emerge about its future prospects. Although the cryptocurrency’s price once soared to $260 per ...
Bitcoin’s Role in the Financial System of South Sudan is still in its early stages. With the recent adoption of cryptocurrencies, Bitcoin has emerged as a potential alternative to ...
Ireland’s Ryanair (RYA.I) sealed a multibillion-dollar deal for as many as 300 Boeing (BA.N) jets on Tuesday, burying the hatchet after an 18-month public feud over prices upset ...
US small business confidence fell to more than a 10-year low in April on worries about the near-term economic outlook and persistent worker shortages, but there were few signs that ...
Alpha Bank Cyprus on Tuesday announced a new deposit interest rate for private accounts over €50,000 that reaches up to 2.10 per cent.
In their official announcement, the bank stated that private ...
The Research and Innovation Foundation’s (IDEK) Central Knowledge Transfer Office (CKTO) this week announced that it has started officially accepting applications from interested parties.
“We encourage everyone who has ...
Amazon.com (AMZN.O) is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing ...
Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday said prosecutors charged him with “troubling” haste and asked a US judge to throw ...
Tourism revenue for February increased by 42.9 per cent over last year, the island’s statistics department (Cystat) said on Tuesday.
Revenue from tourism reached €56.6 million in February 2023 compared to €39.6 mn ...
President Nikos Christodoulides on Tuesday addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the ...
Central Bank of Cyprus governor Constantinos Herodotou on Tuesday addressed the annual Nicosia Economic Congress, providing analysis and commentary on the country’s economy, both for the previous year, as ...
President Nikos Christodoulides on Tuesday delivered the keynote speech at this year’s Nicosia Economic Congress, focusing on his administration’s commitment to economic progress and development, while also acknowledging ...
British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, and unsettled weather discouraged many from buying summer clothes, a British ...