#business

The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm ...

Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit ...

The Bank of Cyprus (BoC) on Thursday announced a profit after tax of €270 million for the first six months of 2024, marking a 23 per cent increase compared to the same period ...

Britain’s jobs market showed further signs of cooling last month and employers increased pay more slowly, according to a survey which will form part of the Bank of England’...

Etihad Airways reported a 48 per cent increase first-half profit on Thursday, helped by an increase in passenger and cargo revenue, ahead of possible stock market listing of the Abu Dhabi ...

Yum Brands (YUM.N) beat expectations for second-quarter profit as strength in the US Taco Bell business and cost controls helped offset a sales hit from weak demand at KFC ...

Leading European PayTech payabl. on Thursday announced its official membership in the Association of Cyprus International Financial Firms (ACIFF), describing it as a “significant milestone in its journey to further ...

Oil prices held steady on Thursday after two sessions of gains, with growing supply risks in the Middle East offsetting demand concerns that had pushed prices to their lowest since ...

Turkey has blocked access to the popular video game platform Roblox (RBLX.N) over concerns about content that could lead to child abuse, the country’s justice minister said. “Our ...

Cyprus’ Fiscal Council on Thursday released its mid-year report for 2024, delving into the country’s economic performance so far, and flagging up areas of strength and vulnerability. In addition, the ...

The Larnaca Regional Tourism Board (Etap) on Thursday said that it is continuing to intensify its efforts this year under its action plan, which focuses on ecological improvements and enhancing ...

The Cyprus Chamber of Commerce and Industry (Keve) this week said that there is an urgent need to modernise state pavilions and streamline procedures to enhance Cyprus’ presence at international ...

The Bank of Cyprus (BoC) on Thursday announced a profit after tax of €270 million for the first six months of 2024, marking a 23 per cent increase compared to the same period ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the imposition of administrative fines totalling €740,000 on the Cyprus Investment Firm (CIF) Exelcius Prime Ltd. CySEC chairman George Theocharides said ...

The interest rate for the most popular US home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy ...

Dubai’s main airport is on track to handle a record number of passengers this year after an 8 per cent year-on-year increase in the first six months, operator Dubai Airports ...

British house prices rose by the most six months in July, according to figures published on Wednesday by mortgage lender Halifax that suggested fresh momentum in the property market. House ...

Britain’s economy grew more strongly than previously thought in 2022, according to revised official data that gave more weight to the oil and gas sector which was buoyed by high ...

Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the Middle East could hurt oil production, even as worries about weak crude demand ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the imposition of administrative fines totalling €740,000 on the Cyprus Investment Firm (CIF) Exelcius Prime Ltd. CySEC chairman George Theocharides said ...

Building permits issued in Cyprus increased by 8.5 per cent during the period from January to May 2024, compared to the same period in 2023, according to a report released on Wednesday by ...

The Famagusta branch of the Cyprus Hoteliers Association (Pasyxe) and the Famagusta Regional Tourism Board (Etap) this week unveiled their new online campaign titled ‘Live Unforgettable Moments’. The launch event ...

The mandatory public offer for the acquisition of up to 100 per cent of the issued share capital of Hellenic Bank Public Company Limited, submitted on June 4, 2024, has been completed, according ...

The sharp decline in international stock indices earlier this week served as a reminder of the fragile economic balance on the global stage, according to economist Tassos Yiasemides. Speaking to ...