#business

Net new lending in Cyprus accelerated sharply in December, as borrowing activity strengthened at the end of the year while interest-rate movements diverged across loan categories, Central Bank of Cyprus (...

Cyprus’ investment landscape gained a new institutional link this week after CFA Society Cyprus signed a memorandum of understanding (MoU) with Invest Cyprus, establishing a strategic partnership aimed at strengthening ...

Famagusta district is stepping up efforts to widen its visitor base and lengthen the season beyond summer, with families and older travellers now a central focus, according to local tourism ...

The 5th Digital Cooperation Organisation General Assembly opened on Wednesday in Kuwait, bringing together ministers, international organisations and technology leaders to shape global digital cooperation in the age of artificial ...

Entrepreneurship as a bridge for cooperation was placed firmly at the centre of discussions in Nicosia this week, as Sir Stelios Haji-Ioannou outlined the vision, philosophy and long-term development of ...

Danish brewer Carlsberg on Wednesday reported a forecast-beating 5 per cent rise in full-year operating profit, but warned it did not expect any improvements in a stubbornly difficult consumer environment. The ...

Sweden-based Volvo Cars sold 177,830 cars in the November-January period, down 7 per cent from the same period a year earlier, it said on Wednesday. Volvo Cars, which is majority-owned by China’...

Nvidia is nearing a deal to invest roughly $20 billion in OpenAI as part of its latest funding round, a person familiar with the matter told Reuters on Tuesday. ChatGPT maker ...

UK grocery inflation eased to 4 per cent in the four weeks to January 25, the lowest level since April last year, providing some relief to shoppers, data from market researcher Worldpanel ...

The Cyprus Borrowers Association, known as Syprodat, on Wednesday called for decisive intervention to ensure interest rate cuts are passed on more fairly to borrowers, while urging stronger safeguards against ...

Inflation in Cyprus rose to 1.7 per cent in January 2026 from 0.1 per cent in December, according to data released on Wednesday by Eurostat, while inflation in the euro area slowed to 1.7 ...

Registered unemployment in Cyprus eased slightly in January, according to official data, pointing to a gradual improvement in labour-market conditions despite the seasonal pressures typically seen at the start of ...

Greek retailer Jumbo Group outlined its long-term strategy and updated investors on sales performance and capital allocation plans ahead of a general meeting of shareholders scheduled for Wednesday. The meeting, ...

Cyprus’ Shipping Deputy Minister, Marina Hadjimanolis, departs on Wednesday for a working visit to Athens and Alexandria from February 4 to 9, focusing on high-level maritime diplomacy and the promotion of the ...

Entrepreneurship as a bridge for cooperation was placed firmly at the centre of discussions in Nicosia this week, as Sir Stelios Haji-Ioannou outlined the vision, philosophy and long-term development of ...

Global air cargo demand rose by 3.4 per cent in 2025 compared with the previous year, according to data released by the International Air Transport Association (IATA). At the same time, total ...

Property sales in Cyprus recorded a double-digit increase at the start of 2026, as transactions rose by 11 per cent year on year in January, according to data released by the department ...

Japan’s Denso, a major auto parts supplier to Toyota, slashed its full-year operating profit forecast by nearly a fifth, reflecting a drag from U.S. import tariffs and a ...

Google Cloud, one of Alphabet’s fastest-growing businesses, and Liberty Global have agreed a five-year strategic partnership to deploy Google’s Gemini AI models and other cloud tools across the ...

OpenAI is unsatisfied with some of Nvidia’s latest artificial intelligence chips, and it has sought alternatives since last year, eight sources familiar with the matter said, potentially complicating the ...

Gold surged over 5 per cent on Tuesday, on track for its biggest daily gain since November 2008, while silver also jumped as precious metals staged a comeback after their steepest two-day ...

Global passenger demand reached record highs in 2025, with traffic rising 5.3 per cent compared with the previous year, according to data released by the International Air Transport Association (IATA). Total capacity, ...

Cyprus-based Columbia Group has appointed Ulla Eithz Nielsen as deputy Chief Operating Officer (COO), as the group continues to build out its integrated global maritime services platform and reinforce leadership ...

Property sales in Cyprus recorded a double-digit increase at the start of 2026, as transactions rose by 11 per cent year on year in January, according to data released by the department ...