#business

The pound held steady on Thursday near multi-month highs a day after British Prime Minister Rishi Sunak called a national election and data showed inflation did not slow as much ...

European low-cost airline Wizz Air (WIZZ.L) forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual ...

Belgium’s finance ministry has refused Russian state-owned bank VTB’s (VTBR.MM) request for licences to unblock customer assets held through its brokerage accounts, the bank said on Wednesday. ...

Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued ...

Shell (SHEL.L) expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some ...

Britain’s regulators lack the mindset to boost growth and the financial sector’s global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of ...

The total weight of goods transported by road within Cyprus in the fourth quarter of 2023 saw an 11.4 per cent increase, compared to the same period in 2022, according to a report ...

The Cyprus University of Technology (Tepak) and the Polemidia municipality announced on Wednesday that they have agreed to jointly develop a photovoltaic (PV) park with a total capacity of approximately 9 ...

Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued ...

Sectors that are heavily exposed to AI are witnessing a surge in productivity, while AI jobs are also experiencing notable growth, according to a recent report shared by PwC Cyprus ...

Deputy Minister of Shipping Marina Hadjimanolis this week met with Greece’s Minister of Shipping and Island Policy Christos Stylianides, with the discussion focusing on the competitiveness of European shipping, ...

International investors are skirting German property deals as they dial back on a market in its worst crisis in a generation, potentially deepening the scars on Europe’s biggest economy. ...

Astrobank announced this week that it is opening a new branch in the Dali area in Nicosia, bucking the trend of shrinking branch networks, noting that this is an underserved ...

President Nicos Christodoulides on Tuesday stressed the need for a unified approach and solid public-private cooperation to address the challenges currently facing the shipping industry. Speaking at the 35th annual ...

Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe. In ...

The Limassol Boat Show 2024 will take place in May, from 23 to 26 at Limassol Marina, and once again, the largest nautical exhibition in the Eastern Mediterranean is expected to impress and ...

President Nicos Christodoulides on Tuesday stressed the need for a unified approach and solid public-private cooperation to address the challenges currently facing the shipping industry. Speaking at the 35th annual ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a Memorandum of Understanding (MoU) between the Enterprise Europe Network (EEN) Cyprus and the European Digital ...

One in two Cypriots feel confident about starting a business, while more than half believe they possess the necessary skills to be successful in business, according to the results of ...

Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow service and expensive repairs alienated their ...

Cyprus witnessed a decline in air passenger traffic in April of this year, despite record highs in the preceding months, according to a report by Hermes Airports. The downturn is ...

Despina Panayiotou Theodosiou was awarded the first Gender Equality Award in Cyprus Shipping during a celebratory event on Monday evening in Limassol. The ceremony, organised by the Deputy Ministry of ...

Private wealth manager Christopher Zachariou recently spoke to the Cyprus Mail about the need to make informed financial decisions, the importance of long-term thinking, the value of professional advice, and ...

The inaugural Green Agenda Cyprus Summit, held on Monday in Nicosia, highlighted the vision and actions necessary for the green transition of the Cypriot economy. The event, supported by Hellenic ...