#business

Nestle investors and analysts view the early departure of the Swiss company’s chairman, Paul Bulcke, as a chance for fresh leadership to accelerate growth and address lagging units and ...

British inflation in August held at 3.8 per cent, official data showed on Wednesday, the highest among major advanced economies and reinforcing expectations that the Bank of England will not cut ...

Cyprus has been ranked among the top countries worldwide for innovation in the Global Innovation Index (GII) 2025, released by the World Intellectual Property Organisation (WIPO). The island climbed two places ...

Oil prices eased on Wednesday, after rising more than 1 per cent in the previous session, though ongoing geopolitical jitters provided a floor for the market, with traders eyeing an expected ...

Research and Innovation Foundation (RIF) director general Theodoros Loukaidis described the European Researchers’ Night, returning for the 19th year in Cyprus under the title “Mission Possible: The Sequel”, as an ...

Tourist arrivals in Cyprus reached 602,026 in August 2025, marking an increase of 8.5 per cent compared with 554,923 in August 2024, the Cyprus Statistical Service (Cystat) reported on Wednesday. For the period from January ...

Hermes Airports executives met with the Paphos regional tourism board (Etap) on Monday, in order to review the operation and future development of Paphos International Airport. Discussions ranged from infrastructure ...

Cyprus relied on cars for 60.6 per cent of all passenger-kilometres in 2023, according to a report released this week by Eurostat. The European Union’s statistical office added that air transport ...

Meta (META.O) is expected to double down on AI-powered augmented reality products with new smart glasses at its annual Connect event on Wednesday, even as the company faces scrutiny ...

K+G Complex Public Company Ltd on Wednesday announced that it has approved its interim condensed consolidated financial statements for the six-month period ended June 30, 2025. The company reported a profit ...

The Cyprus Property Developers Association has welcomed the government’s revised bill for a national mechanism for screening foreign direct investment (FDI), calling it an important step towards transparency, credibility ...

Demetra Holdings Plc on Wednesday announced a new share buyback, carried out on September 16, 2025, as part of its ongoing programme authorised by shareholders earlier this year. The company said it ...

The Finance Ministry during the summer launched a public consultation on a proposed bill aimed at privatising the Cyprus Stock Exchange (CSE), which has since drawn mixed reactions from industry ...

The Cyprus Shipping Chamber (CSC) has raised concerns over a proposed bill aimed at tightening rules for sustainable fuels in the transport sector. The draft law, titled the Sustainability and ...

The Cyprus Stock Exchange (CSE) this week announced the admission of new government treasury bills of the Republic of Cyprus to its regulated market. In a statement, the CSE said ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...

The natural rate of decline in output from the world’s oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International ...

Google parent Alphabet (GOOGL.O) hit a market capitalization of $3 trillion for the first time this week, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling. Class ...

British grocery inflation edged down to 4.9 per cent in the four weeks to September 7, according to data from Worldpanel by Numerator, offering only modest respite for shoppers still grappling with ...

Bond investors are buying longer-term maturities up to 10-year debt and ramping up bets on a steeper yield curve, anticipating that the Federal Reserve will cut interest rates this week ...

Nissan Motor has reportedly slashed its production plan for the new model of its Leaf electric vehicle by more than half for the September to November period, according to the ...

Britain’s jobs market has lost a little more steam, official data showed on Tuesday, potentially easing worries at the Bank of England about persistent inflation pressures. The Office for ...

The Cyprus Property Developers Association (CPDA) has urged the government to replace the €1,000 per spouse or partner tax exemption for household green upgrades proposed in the draft tax reform with ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...