#business

US central bankers will likely start long-awaited interest-rate cuts next week with a quarter-of-a-percentage-point reduction, as stubbornly intact underlying price pressures put them off more aggressive action. Traders now see ...

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet ...

Eurobank Cyprus on Thursday announced that it explored the deepening of business relations with India through its participation in the India Mediterranean Business Conclave. The forum, which was held by ...

Approximately one in four employees, estimated to number 122,315 people, are expected to work in sectors contributing to the green economy, according to Cyprus’ Human Resource Development Authority (HRDA). The European ...

Chief scientist Demetris Skourides recently made an appearance at the Chief Science Advisors Roundtable (CSAR 2024), marking the first time Cyprus was represented at the event. Organised by UNESCO and the ...

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 ...