Business

The global economy is facing a serious, but not unprecedented, energy crisis. The transportation of oil and natural gas has been negatively affected, mainly due to the closure of the ...

Semiconductor revenue surged by 27 per cent during the first quarter of 2026, reaching a total of $319bn, according to the latest research from Omdia. This record-breaking growth marks the highest quarterly ...

Half of all businesses currently find themselves trapped by unnecessary software subscriptions, a concerning trend that is stifling digital innovation across Europe as companies struggle with ballooning IT costs. These ...

From predicting climate change to developing new medicines, supercomputers underpin modern science. Europe and Japan are now working together to make them even more powerful and reliable. By Tom Cassauwers ...

Here are the top business stories in Cyprus from the week starting June 8: Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the ...

Streaming revenue reaches $176 billion in milestone year Online video services strengthened their dominance in 2025, with research firm Omdia reporting that global streaming subscriptions climbed sharply while pay-TV subscriptions continued to ...

Greek households experienced a quiet but significant erosion of wealth between 2021 and 2025 as inflation significantly outpaced the returns on traditional bank savings, according to a new report from Freedom24. While ...

The restoration of losses suffered by bank employees during the 2013 financial crisis was a central issue at the 58th annual general congress of bank workers union (Etyk), held in Nicosia ...

Cyprus businesses are among the highest in the European Union for social media adoption, with nearly 80 per cent of enterprises integrating these platforms into their daily operations. According to figures ...

Cyprus is punching above its weight in the European labour market as the latest Eurostat figures reveal a significant surge in the number of people finding work during the opening ...

The European Union saw 3 million unemployed people secure jobs during the first quarter of 2026, marking a significant period of transition within the continental labour market. This figure represents 22.9 per cent ...

Greek lender Eurobank has launched a five-year programme for the free allocation of shares to management executives and employees, as well as staff at affiliated companies. Implementation of the programme ...

The National Bank of Greece has announced the launch of the first phase of its 2026 share buyback programme, following approvals granted by shareholders and regulatory authorities. The first phase of ...

Medochemie marked its 50th anniversary in 2026, reflecting on a journey that transformed a Limassol-based start-up into a global pharmaceutical exporter built on vision, innovation and sustained international expansion. Behind five ...

Demetra Holdings Plc on Friday announced that it has completed a fresh acquisition of its own shares. According to the announcement, the firm successfully acquired a total of 3,744 own shares ...

The Cyprus Cement Public Company Ltd announced on Friday that the firm has proceeded with the acquisition of its own shares. The move follows the execution of a decision taken ...

The Finance Ministry on Friday announced the upcoming maturity of the 13-week Treasury Bills associated with the third issue of 2026, which spans the period from March 20, 2026, to June 19, 2026. These government ...

Ask most foreign companies how they plan to sell into Poland and you’ll hear a version of the same answer: “Everyone speaks English these days.” It’s a reasonable ...

The Republic of Cyprus on Friday signed an agreement with the government of the Hong Kong Special Administrative Region of the People’s Republic of China aimed at eliminating double ...

The profitability of Cyprus’ banking sector fell by 23.6 per cent during the first quarter of 2026, according to updated aggregate figures by the Central Bank of Cyprus (CBC). The Central Bank ...

Cyprus ranks third in eurozone for pension fund numbers Cyprus retained the third-highest number of pension funds in the eurozone despite a decline of more than 30 per cent over the ...

The non-performing loan ratio within Cyprus’ domestic banking sector remained unchanged at 1.6 per cent during March 2026, when compared with the figures from December 2025. According to official data from the Central ...

Cyprus is punching above its weight in the European labour market as the latest Eurostat figures reveal a significant surge in the number of people finding work during the opening ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a public warning regarding an online entity operating without the requisite regulatory approval. The regulator stated that the website j2...