#business

Deloitte Cyprus on Tuesday announced the appointment of two new partners, effective from June 1, 2025, marking an expansion of its leadership team. According to the announcement, Nicholas Theofilou has been promoted ...

Oil prices ticked up on Tuesday on concerns about supply, with Iran set to reject a US nuclear deal proposal that would be key to easing sanctions on the major ...

Turkish annual inflation dipped to 35.41 per cent in May, official data showed on Tuesday, below a Reuters poll forecast and less than half the level of more than 75 per cent ...

Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold ...

Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of  May 31, 2025, “with each ordinary share carrying one vote.” ...

The Research and Innovation Foundation (RIF) has launched two new funding calls, Seed and Innovate, targeted at boosting the growth of startups and supporting existing firms in scaling their products ...

Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.Earlier ...

Marya Iartseva, art director at Nexters, an international game development company headquartered in Cyprus explores how artificial intelligence is reshaping game development, emphasisng where it succeeds, where it falls short, ...

Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House of Representatives’ approval of the Investment Fund Administrators Law. The move is being ...

Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold ...

Europe’s expansive inland waterways remain underutilised despite their potential. Researchers and industry partners are developing innovative tools, such as digital simulations of river flows or blockchain-powered pollution control, that ...

As the global shipping industry braces for one of its most demanding decades yet, marked by accelerating decarbonisation, digital transformation and sweeping regulation, PwC sees not just disruption, but a ...

Across Europe, researchers and industry are making digital education better, smarter and more accessible. By building strong partnerships and sharing knowledge, they are helping shape a future where everyone benefits ...

Tariff uncertainty and market volatility have sent some companies looking for a flexible, more certain route to funding from private credit firms, resulting in the spurning of traditional lenders in ...

Amazon’s deal with Stellantis to create in-car software that the companies hoped would transform the driving experience while bolstering their vehicle-tech credentials is “winding down,” the companies confirmed after ...

Here are the top business stories in Cyprus from the week starting May 26: Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a ...

Business confidence in Britain’s services sector hit a two-and-a-half-year low in the quarter to May and cost pressures are ramping up partly as a result of employment tax rises, ...

Google this week began direct online sales of its popular hardware devices in India, including Pixel phones, watches and earbuds, ahead of an anticipated launch of its first physical stores ...

The Daleela ferry resumed its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer.Speaking at the new port of Limassol, Deputy ...

The Daleela ferry resumes its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer. Now in its fourth consecutive season, the passenger ...

Britain’s vehicle output dropped sharply in April, marking the worst start to the year since 2009, due to weak export demand and the timing of Easter, industry data showed this ...

China’s Xiaomi this week reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off. ...

Tesla (TSLA.O) has been testing driverless Model Y cars in Austin, Texas and aims to deliver the first unit in June, CEO Elon Musk said this week, amid buzz ...

Total deposits in Cyprus recorded a net increase of €492.9 million in April 2025, compared to a net decrease of €66.3 million in March 2025, according to statistics published by the Central Bank of ...