#business

Aegean Airlines on Thursday posted an after-tax profit of €43.9 million for the second quarter of 2024, while its after-tax profit for the first half of the year stood at €22.9 million. “Results ...

Oil prices rose more than 1 per cent on Thursday, extending a rebound spurred by concern over Hurricane Francine’s impact on US output, though a gloomy demand outlook capped gains. ...

The European Central Bank is almost certain to cut interest rates again on Thursday, but with inflation risks simmering despite anaemic growth, investors will be combing its message for clues ...

The fourth iteration of Tech Talks, inspired by a similar initiative by Google, is scheduled to take place on Monday, October 7, 2024, at the premises of Deloitte Cyprus in Nicosia. The ...

Deputy Minister of Shipping Marina Hadjimanolis announced this week the results of the recent elections for two key advisory committees, which aim to enhance the competitiveness and quality of Cyprus’ ...

High Commissioner of India to Cyprus Shri Manish visited the Cyprus Ports Authority (CPA) headquarters in Nicosia this week. The visit, which took place on Wednesday, sought to explore investment ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Government employment in Cyprus recorded a 3.9 per cent increase in the first eight months of this year compared to the same period in 2023, according to a report released this week ...

Britain’s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants ...

The Bank of England will keep its main interest rate at 5.00 per cent next week but reduce it in November even though inflation is expected to stay above the central ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Chief Scientist Demetris Skourides recently visited India to participate in an event organised by Invest Cyprus, according to an announcement released this week. The event, which took place on September 5, ...

Budget airline Wizz Air on Wednesday announced the arrival of its first Airbus A321XLR (Extra Long Range) aircraft, which will be joining its UK fleet at London Gatwick on ...

The Cyprus Shipping Chamber (CSC) leadership represented the Cypriot shipping industry at a recent meeting of the International Chamber of Shipping (ICS) in London. The event involved discussions on numerous ...

Renovation work is currently in full swing at the historic Berengaria Hotel in Prodromos, one of Cyprus’ most historic mountain resorts. The well-known residential and commercial developer BBF is spearheading ...

The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape ...

The Central Bank of Cyprus (CBC) this week released detailed interest rate data for deposits and loans from individual credit institutions. This marks the first instance of this report being ...

The European Researchers’ Night will return to the State Fair in Nicosia on Friday, September 27, with the agenda of the day including live experiments, science competitions, and interactive games. The ...

PwC Cyprus’ Michael Solon Kassinis has outlined the critical importance of the European Union’s updated Network and Information Security Directive (NIS2), set to take effect on October 17, 2024. Kassinis, who ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed this week, after rising for the first time in 18 months in last month’...

The Bank of London has paid all its taxes, a spokesperson said this week, after British media reported that the clearing bank had been hit with a so-called winding-up petition ...

Investor morale in the eurozone fell for a third consecutive month in September, a survey showed this week, dropping to its lowest level since January amid dissatisfaction over the state ...

Leading European financial services provider payabl. announced on Tuesday the launch of its innovative payment accounts solution. This cloud-based, API-first solution is designed to help businesses of all sizes manage ...