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.
The New York Times said on Monday it had acquired Wordle, a website-only word game that has seen a recent burst in popularity, for an undisclosed price in the low ...
The Cyprus Stock Exchange (CSE) and Swiss Exchange (SIX) signed an agreement on Monday for the establishment of the post-trade infrastructure necessary to facilitate the dual-listing of Cyprus‘ Euro medium-term ...
High levels of private debt continue to stifle the growth of Cypriot banks, increasing fiscal vulnerability and negatively impacting credit availability, ratings agency Moody’s said on Monday.
The agency’...
The Cyprus Economic Society (CES) will be hosting its annual economy panel on Thursday, with the online event delving into Cyprus’ economic outlook and prospects.
Among the speakers are Bank ...
The European Startup Universe, the biggest project for EU tech startups, is coming to Cyprus, the non-profit organisation announced earlier this month.
The programme, which is scheduled to start on ...
Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday.
No immediate policy action is expected since the ECB in ...
Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or teleport to see places like ancient Rome, and ...
Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices ...
Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...
“The remedy of buying-out is the most common way out of a business”
By George Coucounis
The purpose of the registration of a company with more than one member is ...
By Antonis Loizou FRICS
Following an initial visit to the area of central Paphos under regeneration in 2016, we visited the project again over the Christmas holidays.
Admittedly a very good ...
Russian authorities have drawn up a ‘road map’ that envisages restrictions on cryptocurrencies but not a complete ban on trading and mining as advocated by the central bank, a document ...
T-Mobile US Inc (TMUS.O) will fire corporate employees who are not fully vaccinated against COVID-19 by April 2, according to an internal company memo posted on the independent blog TMOnews....
British businesses grew at the slowest pace since April 2021 during the past three months, after demand for face-to-face services slumped due to the Omicron variant of coronavirus, the Confederation of ...
Microsoft will share a public preview of how users can experience Android applications on Windows 11 through its online store, it announced on Wednesday.
“As a team, we feel an immense ...
The effects of the Covid pandemic have exposed and exacerbated income inequalities in Cyprus including large remuneration disparities between employees in the higher-paid public sector and those in the private ...
In a mad world there are signs that the evident results of wayward economic policy may change the political weather
By Andrew Shouler
Unintended or not, the consequences of mistaken ...
President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data for January ...
Australia will seek to be included in consultations about a trade dispute between the European Union and China launched by the EU at the World Trade Organisation, the Australian trade ...
The European Union aims to invest tens of billions of euros to bolster its chip industry and double its share of global production to 20 per cent, the bloc’s industry ...
Apple’s shares rallied nearly 7 per cent on Friday in its biggest one-day percentage jump in a year and a half after the iPhone maker reported blockbuster results and teased ...
The Cyprus Deputy Ministry of Shipping announced on Friday the expiration of the deadline for the submission of tenders to establish a passenger maritime link between Cyprus and Greece, as ...
State-owned asset management company Kedipes announced on Friday that it repaid €60 million in state aid during the fourth quarter of the previous year, with state aid repayments reaching €250 million for ...