#business

Industrial production in Cyprus witnessed an increase of 2.4 per cent in 2023 compared to the previous year, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Cyprus’ ...

The Vice President of the European Investment Bank (EIB), Kyriakos Kakouris, is set to embark on an official visit to Cyprus on Thursday and Friday. The visit, according to an ...

Energy Minister George Papanastasiou, who is attending the Investopia 2024 conference is in Abu Dhabi, will take part in a discussion on “Strategic Priorities in a Shifting Global Landscape: A Policy ...

British employers advertised the fewest jobs in nearly three years last month, with numbers down 15 per cent from a year ago, figures from recruitment data company Adzuna showed on Monday, ...

European banks are set to hand investors a record 120 billion euros ($130 billion) in dividends and share buybacks this year, analysts say, returning more of the profits reaped from a period ...

Alkis H. Hadjikyriakos Public Ltd, which makes the Frou Frou brand biscuits has announced increases in the prices of its products containing chocolate by 20 to 30 per cent. The higher prices ...

Franco-Italian automaker Stellantis (STLAM.MI) said on Monday it had reached a multi-billion-euro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across Europe over ...

Britain’s code of good practice for asset managers will undergo a root-and-branch review to aid economic growth and international competitiveness, its compiler said on Tuesday, in a move that ...

OPAP Cyprus on Tuesday launched its 2024 social initiatives with a focus on health, a key priority for the organisation. Chief Commercial Officer Alexandros Davos announced the renewed adoption of two ...

Bank lending to companies and households in the eurozone stagnated last month, indicating the bloc’s long-awaited economic recovery has yet to gain traction, European Central Bank data showed on ...

British grocery prices rose this month at their lowest rate since March 2022, as supermarket promotions picked up after a post-Christmas slowdown, industry data showed on Tuesday. Market researcher Kantar said ...

Deputy Minister of Shipping Marina Hadjimanolis revealed on Tuesday the challenges Cyprus faced in the December 2023 elections of the International Maritime Organisation (IMO). The minister said that not only did ...

Both total loans and deposits in Cyprus witnessed a net decrease in January 2024, according to a report released on Tuesday by the Central Bank of Cyprus (CBC). According to the ...

Cyprus’ Economic Sentiment Indicator (ESI) witnessed a decline of 2.1 points in February 2024, compared to January 2024, indicating a worsening economic climate, according to a report released on Tuesday by the University ...

Oil prices on Tuesday built on gains made a day earlier amid attacks on shipping in the Red Sea that have exacerbated supply worries. Brent crude futures rose 36 cents, or 0.44 ...

The University of Limassol (UoL) on Tuesday released a statement announcing a new partnership with the Association of Information Technology and Telecommunications Executives of Maritime Companies (AMMITEC). AMMITEC is a ...

European private lending activity has rebounded to levels last seen in mid-2022, new data from Deloitte showed on Tuesday, in a sign investors are piling in to risky corporate debt ...

Eurozone bonds are trading more in sync with their US peers than ever before, as investors ignore the slowdown in Europe and remain laser-focused on inflation and interest rates, driving ...

Bitcoin hit a two-year high on Tuesday on signs of large players buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022. Bitcoin has rallied more than 10 ...

Russia on Tuesday announced a six-month ban on gasoline exports from March 1 to compensate for rising demand from consumers and farmers and to allow for planned maintenance of refineries. The ...

Small and Medium-sized Enterprises (SMEs) and start-ups often grapple with a significant hurdle to their growth – the limited availability of finance. In a bid to address this challenge, the Cyprus ...

The Bank of Israel kept interest rates steady on Monday after cutting by a quarter-point in January, citing uncertainty over expected duration of the war in Gaza. The central bank ...

Qatar will raise natural gas production despite a recent steep drop in global prices, in a long-term bet on rising demand for the less polluting fuel in Europe and Asia. ...

As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their ...