#business

As shipping strives to decarbonise, a new wave of EU-funded innovation is proving that methanol-fuelled vessels could offer a scalable, low-emission alternative to diesel on the high seas. By Tom ...

Here are the top business stories in Cyprus from the week starting August 11: The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe ...

In a city famed for transforming desert into skyline, developers are taking the building process into their own hands as they seek to turbo-charge a property boom and maximise cash ...

Amazon.com-backed (AMZN.O) Anthropic said this week that it will offer its Claude AI model to the US government for $1, joining a growing list of artificial intelligence startups proposing ...

The trade agreement between the EU and the United States was greeted as a humiliating event in European media. European Commission President Ursula von der Leyen met President Trump at ...

European investors have put more money into local stock index-trackers so far in 2025 than in any full-year on record, with demand for defence funds booming, data shows, as President Donald ...

Nomura expects the US Federal Reserve to cut interest rates by 25 basis points in September, bringing forward its easing forecast, amid signs of milder US inflation in July and early ...

Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s (GOOGL.O) Chrome browser this week, a bid far above its own valuation as the startup reaches for the ...

Amazon.com (AMZN.O) has expanded its same-day delivery service to include perishable items such as strawberries, milk, meats, and frozen meals for Prime subscribers, the company said this week. ...

Manufacturers like US lawnmower maker The Toro Company (TTC.N) are not panicking at the prospect of US President Donald Trump’s global trade tariffs. Despite five years of dramatic ...

By Yury Palevich, ex-Product Director at inDrive For too long, Cyprus has relied on a narrow image — sun, sea, and a lot of tourists. But in a world where global ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency ...

A Cyprus-headquartered gaming platform has moved quickly to take advantage of Epic Games’ courtroom victory over Google, launching its own Android store to offer developers and players a new distribution ...

Cyprus businesses are being urged to participate in a European Commission public consultation on draft guidelines for foreign subsidies that could distort the EU internal market. The Cyprus Chamber of ...

Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important ...

Tourism group TUI has introduced an innovative gadget designed to transform the beach experience for British holidaymakers, called the Sand Shaker. According to an official announcement from the company, the ...

The Bank of England has lowered slightly to 115 billion pounds ($155 billion) its estimate of the net loss that Britain’s finance ministry will have to pay to cover the central ...

Oil prices erased losses on Wednesday after US Treasury Secretary Scott Bessent said sanctions against Russia or secondary tariffs could go up if Friday’s meeting between President Donald Trump ...

The hosting of FIBA EuroBasket 2025 is expected to bring multiple economic benefits to the Republic of Cyprus, according to the local FIBA EuroBasket 2025 organising committee. “Cyprus becomes the smallest country ...

MHA, a professional services provider of audit, tax, accountancy and advisory services, has completed the acquisition of Baker Tilly South-East Europe (BTSEE) in a deal valued at up to €24 million, ...

Fourteen businesses that suffered losses in last month’s wildfire in the Limassol mountainous areas have received a total of €39,760 as the first installment of compensation, the energy ministry announced ...

Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important ...

The Finance Ministry on Wednesday announced the end of trading for the 13-week Treasury Bills, fifth issue of 2025, which were issued on May 30, 2025, and will mature on August 29, 2025. The security, ...

The Paphos regional tourism board (Etap) this week announced that its coordinated summer campaign to attract domestic tourism, which began in May, will conclude on August 14. In its statement, the ...