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.
As Elon Musk’s SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to ...
British house prices slid unexpectedly last month as economic uncertainty stemming from the Iran war hurt buyer demand, mortgage lender Halifax has reported.
House prices fell by 0.5 per cent month-on-month ...
Like many whiskey distillers, Heaven Hill Brands is rolling back bourbon production this year, as demand lags. Yet, as the American spirit faced a tumultuous market in 2025, the Kentucky company ...
Here are the top business stories in Cyprus from the week starting April 6:
The Bank of Cyprus (BoC) on Monday announced a targeted initiative to support the hotel industry while ...
Emerging market nations now get the bulk of their foreign financing from the likes of hedge funds, pension funds and insurers, leaving them vulnerable to rapid outflows during crises, the ...
Business activity growth in Germany’s service sector abruptly lost momentum in March as demand weakened amid fallout from the war in the Middle East, a survey showed this week.
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In a previous article, we examined the concentration of power and erosion of democracy in Cyprus. This article advances that discussion, focusing on the 2025 Democracy Index from the Economist Intelligence ...
The household saving rate in the euro area declined to 14.4 per cent in the fourth quarter of 2025, reflecting changing consumption patterns, according to Eurostat.
The statistical office reported that the ...
Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter.
Figures released this week showed that ...
Anthropic recently announced an initiative with major technology companies, including Amazon.com (AMZN.O), Microsoft (MSFT.O) and Apple (AAPL.O), that lets partners preview an advanced model with cybersecurity ...
Russia sees Chinese tech giant Tencent’s (0700.HK) WeChat messaging app and TikTok sister app Douyin as models for developing its own struggling Max messaging app, Vladimir Kiriyenko, CEO of ...
Britain’s new car registrations in March grew nearly 7 per cent year-on-year, the best performance for the key sales month since 2019, driven largely by orders placed before the Iran crisis ...
With Cyprus’ energy policy entering a decisive phase, Energy Minister Michalis Damianos in an interview with the Cyprus Mail laid out a strategy that hinges on a delicate balance, pushing ...
Michael Polk has spent four decades building consumer brands across companies like Unilever, Kraft Foods, and Newell Brands. His current role as CEO of Implus has given him a laboratory ...
The Finance Ministry’s public debt management office has announced that treasury bills under issue TB13A26 will mature on April 24, 2026.
The ministry confirmed that the last day of trading ...
Five game development studios, including Cyprus-based companies in Limassol and Nicosia, have announced the creation of Nova Assembly, a developer-led holding aimed at reshaping the global gaming industry.
The initiative ...
Freedom24 Executive Director Evgenii Tiapkin on Thursday, April 9, presented the company’s European strategy and platform development on the main stage at the Freedom Inside event in Astana.
The session ...
Cyprus can navigate its current economic hardships through the same collective effort that has defined its past recoveries, the head of the country’s largest business group said in an ...
Young people in Cyprus recorded the highest social network usage in the EU, with 98.3 per cent of those aged 16 to 29 reporting active use, according to a report from Eurostat.
The ...
Cypriot demand for Easter travel is holding at moderate but satisfactory levels this year, with bookings slowing in recent weeks as regional developments weigh on sentiment, according to the Association ...
Cyprus property sales accelerated in March, with transactions jumping 18 per cent year-on-year to 1,761, up from 1,491 in the same month of 2025.
According to the Department of Lands and Surveys, this growth ...
JetNet reported 2,309 pre-owned business jet transactions globally during 2024, down 4.2% from the prior year. Listed inventory climbed 24% across the same period, reaching approximately 7.4 percent of the operational fleet.
Supply growth paired ...
Cyprus used a conference held under its presidency of the Council of the European Union on April 8 and 9 to adopt the Nicosia Call for Action, a statement urging stronger regional ...
Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter.
Figures released this week showed that ...