#business

Here are the top business stories in Cyprus from the week starting May 6: The Easter holiday season saw a 50 per cent decline in business activity for restaurants, bars, and other ...

Airbnb shares tumbled more than 6 per cent earlier this week after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took ...

Ferrari’s (RACE.MI) core earnings rose 13 per cent in the first quarter but its shares fell earlier this week as the luxury sports car maker confirmed its full-year forecasts, ...

Reddit shares soared 14 per cent earlier this week after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since its market debut. ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

By Andreas Charalambous and Omiros Pissarides Following successive interest rate hikes and the policy of gradual quantitative easing in the developed economies over the last two years, emerging macroeconomic conditions ...

Walt Disney’s (DIS.N) surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its shares down 6 ...

British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs ...

The future of the maritime industry is set to be a focal point at the Poseidonia 2024 World Expo, where a wide range of critical industry issues will be analysed by ...

Cyprus’ trade deficit narrowed sharply in the first quarter of this year annually, mainly reflecting the deceleration in prices and inflation, according to a report by the Cyprus Statistical Service (...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

The pound rose on Friday after data showed the British economy beat expectations in the first quarter of the year, growing 0.6 per cent and leaving behind 2023’s mild recession. Sterling ...

Hellenic Bank is set to release its quarterly financial results for the year 2024 on May 24, according to an official announcement by the bank. According to the announcement, the bank’s ...

The Bank of Cyprus (BoC) on Friday released a statement notifying its shareholders that they can now receive their dividends electronically, while also providing them with the necessary information to ...

By Kyriacos Nicolaou The Cyprus Mail recently had the opportunity to sit down for a one-on-one interview with Timur Turlov, the 36-year-old CEO of Freedom Holding Corp., to discuss the ...

The United Arab Emirates (UAE) tourist market for Cyprus is steadily on the rise, according to Deputy Minister of Tourism Kostas Koumis, who stressed the need for increased attention to ...

Cyprus’ Gross Domestic Product (GDP) is projected to rise by 2.9 per cent in 2024, according to the latest estimates released on Thursday by the Finance Ministry, which are valid up to ...

Warner Bros Discovery posted a quarterly loss that was larger than expected as advertising sales slumped at its cable TV unit and the studio segment contended with the fallout of ...

The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was “optimistic that things ...

The Bank of England took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was “optimistic that things are moving ...

The Great Britain-Cyprus Business Association’s International Investment Conference 2024 kicked off in Limassol today, with the aim of enhancing business networking between the two countries. During the event, which will ...

President Nikos Christodoulides stated that the construction sector, supported by the Cyprus Property Developers Association (LBDA), plays a vital role in attracting investments, promoting entrepreneurship, and positioning Cyprus as an ...

Cyprus’ real estate market experienced a notable resurgence in April, rebounding from the previous dip in sales observed in March, according to the latest information provided by the Department of ...

New research conducted by electronic registration portal Vignette Croatia has shed light on the European countries with the lowest adoption rates of electric vehicles (EVs), placing Cyprus fourth on the ...