#business

The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become a modern and efficient body serving residents’ needs, Interior Minister Constantinos Ioannou said ...

Eurobank Holdings on Monday announced the acquisition of 2,712,383 of its own shares between September 15 and September 19 at an average acquisition price of €3.24 per share, for a total cost of €8.78 million. ...

Demetra Holdings Plc on Monday repurchased 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO), according to a company announcement. The transaction took place during the ...

Fintech companies continue to play a decisive role in shaping the future of technology for the financial services industry, according to market intelligence firm IDC. “While the names of the ...

EU-funded researchers are working across countries and sectors to boost organic farming, support farmers and shape policy to help meet the target of 25 per cent organic farmland in Europe and ...

India’s PC market grew six per cent year on year in the second quarter of 2025, reaching 3.6 million units, according to industry analysts Canalys. Notebook shipments drove the expansion, rising ...

Hourly labour costs in the euro area rose by 3.6 per cent in the second quarter of 2025 compared with the same period a year earlier, according to Eurostat, the statistical office ...

Artificial intelligence could boost the value of trade in goods and services by nearly 40 per cent by 2040, but without adequate policies it could also exacerbate economic divides, a new World ...

Efforts to broker peace between Russia and Ukraine have so far been unsuccessful, but if there were an end to the war, what would that look like for Ukraine? It ...

Europe is building a virtual twin of the ocean to allow scientists, policymakers and citizens to test ideas, fight pollution and protect marine life – without even getting wet. By Michael ...

Construction production in the euro area increased by 0.5 per cent in July 2025 compared with June, according to preliminary estimates from Eurostat. According to Eurostat’s latest update, production in construction ...

The Cyprus Institute of Neurology & Genetics (CING) is coordinating a new European Erasmus+ project aimed at promoting gender equality in studies and careers related to Information and Communication Technologies (...

Here are the top business stories in Cyprus from the week starting September 15: Deputy Minister of Tourism Kostas Koumis this week met with Athina Spakouri, Head of the Greek National ...

President Donald Trump’s renewed push to nix quarterly corporate disclosures, a drive that went nowhere in his first administration, has a better chance this time as the White House ...

US companies are lining up to borrow in euros with bond sales hitting a record $100 billion so far this year, reflecting attractive European funding conditions and a growing willingness among ...

On its 20th birthday, YouTube is unrecognizable as the scrappy video site that began as the domain of young amateur users publishing unpolished, low-budget clips. Commanding 2.7 billion users, including celebrities ...

Daily wrap-up of business & economy stories from the day before The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week the launch of the first incubation cycle of Space BIC, a specialised initiative run by the Eratosthenes Centre of ...

Intel this week said that it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, Altera. Shares ...

Tesla shares jumped 6 per cent earlier this week after CEO Elon Musk disclosed his purchase of about $1 billion worth of the electric vehicle-maker’s stock, in the latest vote of ...

Artificial intelligence and automation are transforming Europe’s banking sector, reshaping employee roles, working models and skills requirements, Jens Tau, chairman of the Banking Committee for European Social Affairs (BCESA) ...

Net demand for loans rose in the second quarter of 2025, driven by both businesses and households, according to the Central Bank of Cyprus’ (CBC) bank lending survey. In addition, the ...

The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer staff to the public service. The agreement was formalised in the ...

This month is shaping up to be the strongest September for tourist arrivals in Cyprus in recent memory, according to Victor Mantovani, honorary president of the Association of Cyprus Travel ...