Business

Wall Street took a dim view of Nvidia’s (NVDA.O) quarterly forecast on Thursday with investors pushing the stock down more than 8 per cent, piling pressure on the “Magnificent ...

A giant Ethereum whale has recently taken notable action in the crypto market by purchasing $1.2 million worth of ETH and two ERC-20 tokens: Rexas Finance (RXS) and Shiba Inu (SHIB). ...

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after ...

Investors are looking beyond Bitcoin and Ethereum for the next big possibilities as the cryptocurrency business develops. Even though certain well-known altcoins are still going strong, other recent initiatives with ...

With experts aiming aggressively at $0.40 in the short term and an all-time high (ATH) estimate of $4, Dogecoin (DOGE) is making headlines as its price rises. With its latest 5.5% increase, DOGE ...

Even while there is volatility in the larger cryptocurrency market, some initiatives still draw the trust of investors. While Mutuum Finance (MUTM) is gaining traction in its presale, raising $1.65 million ...

Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025, according to a report from Stockwatch. The deal, valued at €182 million, ...

Turkey’s economy grew 3.0 per cent year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2 per cent, official data showed on Friday, exceeding forecasts despite the weight of high ...

Watching Ondo Finance and wondering if now is the right time to buy? Let’s dive into the past 24 hours to see where ONDO might be headed. The trading day ...

Invest Cyprus has welcomed the recent announcements from the government regarding the country’s tax reform, highlighting its potential to further enhance the nation’s attractive tax system. The reform, ...

Artificial Intelligence (AI) is set to transform both the business and maritime sectors, according Christina Orphanidou, Director of Engineering, AI, and Data at Deloitte. Speaking at the recently held Capital ...

Alpha Bank, Greece’s fourth largest bank by market value, upgraded its profit guidance on Friday after reporting a strong net profit for 2024 due to higher fee income and stable ...

Are you wondering if investing in ARB now can bring you good profits? As of February 27, ARB is testing key resistance near $0.44 after a strong uptrend from the $0.405 support. A ...

The European Investment Bank (EIB) has directed €225 million into improving Cyprus’ infrastructure, focusing on sectors such as transport, social infrastructure, student housing, and energy. During a presentation of the EIB’...

Eurobank has announced a cash dividend of 10.5 cents per share and a €288 million share buyback programme as part of its financial results for 2024. The bank’s three-year plan aims for ...

The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over ...

The Mall of Cyprus on Friday announced the sale of its Annex 3 office building to Karakyr Properties Ltd, a member of the E-Cars Group, for €4.6 million. It should be noted ...

Cyprus’ banking sector is undergoing significant changes, with recent mergers reshaping the financial landscape, according to a report from Stockwatch. At the same time, Cypriots are paying the highest mortgage ...

Total bank deposits in Cyprus recorded a net decrease of €211.3 million in January 2025, following a significant net increase of €977.4 million in December 2024, according to the Central Bank of Cyprus (CBC). ...

A Cypriot fintech company is playing a role in the digital transformation of Greece’s mortgage market through a partnership with Attica Bank. Ask Wire, which specialises in real estate ...

Cyprus’ petroleum product sales saw a slight dip in January 2025, falling by 2.9 per cent from the previous year to 106,552 tonnes, according to the Cyprus Statistical Service (Cystat).    Despite the overall ...

The Industrial Production Index for January–December 2024 increased by 3 per cent, compared to the same period the year before, according to a report from the Cyprus Statistical Service (Cystat). Among ...

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position. “2024 was a landmark year for Hellenic Bank ...

The European Commission has proposed making available 100 billion euros ($104.94 billion) to support EU-made clean manufacturing as part its landmark Clean Industrial Deal. The deal is a key pillar of its ...