Business

Cyprus enters 2025 with optimism for its tourism sector, which is expected to match or surpass that of 2024, itself a record-breaking year, deputy minister Costas Koumis said on Tuesday. Last year, ...

Goldman Sachs forecast the US Federal Reserve to deliver three quarter point interest rate cuts this year and expects heightened recession risks amid tariff uncertainty, ahead of clarity on President ...

Bank of England interest rate setter Megan Greene said on Tuesday that she was concerned by increases in the public’s expectations for future inflation, but added that they remained ...

Britain is still hopeful that any tariffs imposed by U.S. President Donald Trump will be reversed shortly, if the two sides can agree the outline of a new economic ...

The premium investors enjoy from holding US government debt over that of Germany is set for its biggest quarterly drop in years, with tectonic fiscal policy shifts on both sides ...

Global passenger demand in February 2025 showed modest but important changes, according to recent data from the International Air Transport Association (IATA). Total demand, measured in revenue passenger kilometres (RPK), increased ...

As the Mediterranean’s rising star, Cyprus continues to attract investors looking for high-yield property opportunities.   With a booming economy, a favourable tax regime, and a strategic location bridging Europe, ...

Metaplanet’s $13 million bond purchase is a signal of Bitcoin Treasury 2.0 – How does SAVVY turn this into a structural opportunity for mining assets? On March 31, 2025, Metaplanet Inc., a Japanese listed ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled by the Economics Research Centre (CypERC) of the University of Cyprus, recorded a year-on-year increase of 2.9 per cent in February 2025. This follows ...

Cyprus’ Producer Price Index (PPI) in industry for February 2025 fell by 0.5 per cent year-on-year in February, according a report released this week by the state statistical service. Specifically, the index ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) at 1.5 per cent, with the measure set to take effect from January 14, 2026. In an official ...

The Industrial Production Index in Cyprus recorded a significant increase of 4.3 per cent in January 2025 compared to the same month in 2024, according to the state statistical service. This increase pushed ...

The European Commission has identified 47 strategic projects which it hopes will kick-start the region’s critical minerals sector and reduce its dependence on imports. But even as European policy-makers work ...

The year is still young, but Asia has already built up a considerable lead over several European countries and the United States in terms of energy transition progress so far ...

British business confidence held steady this month, matching February’s six-month high and adding to tentative signs of an uptick in the economy in early 2025, a survey showed this week. ...

The government on Monday revealed it is asking for an extra €70 million to complete works at the liquefied natural gas (LNG) terminal at Vasiliko, a project plagued by delays and ...

Crypto investors are always on the lookout for the next breakout token, and Mutuum Finance (MUTM) is making waves as a strong challenger to Ethereum (ETH) rivals like Chainlink (LINK) ...

SOFTSWISS, a leading international technology company specialising in iGaming software development, is set to participate in this year’s Reflect Festival as a Bronze Sponsor. The festival, scheduled to take ...

The recent confirmation of when Ethereum’s Pectra upgrade will be activated — April 30, 2025, to be exact — has gotten people talking about how far over the $10,000 level it might go. Analysts ...

UK job vacancies saw the fastest month-on-month growth in three years in February, according to data published on Monday that contrasted with a largely gloomy outlook for the economy. Job ...

A new task force will be set up to tackle Cyprus’ growing electricity challenges, following a high-level meeting on Monday between Energy Minister George Papanastasiou and representatives of the Cyprus ...

Mutuum Finance (MUTM) is attracting ever more aggressive investor interest, with its staged fourth presale now nearing sell-out. With a price point of $0.025, the token has raised $5.9 million so far ...

Cyprus has achieved a significant milestone in 2024: it reduced its trade deficit to €8.13 billion from €8.47 billion the previous year which is a 3.97% reduction from the previous year. Since global trade ...

Cyprus’ hourly labour costs saw a modest increase yet remain below the European average, according to the latest Eurostat data. The average hourly labour cost in Cyprus in 2024 rose to €21, ...