#business

National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the Middle East, while also highlighting that Cyprus can act as a gateway to ...

British employers expect to raise wages by 4 per cent over the coming 12 months, a similar rate to three months ago, according to an industry survey on Monday that suggested businesses ...

Turkey will rein in public spending and boost efficiency under a savings plan announced on Monday, launching only essential state investment projects in a fresh move to build confidence in ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

The total number of registered vehicles in Cyprus surged by 33.5 per cent during the period of January to April 2024, reaching 17,589, compared to 13,180 during the same period in 2023, according to a ...

Employment in the Cypriot government has seen a rise of 5.2 per cent, totalling 2,697 individuals, for the period of January to April 2024, when compared to the same period in 2023, averaging at 54,837 ...

Deputy Minister of Tourism Kostas Koumis has extolled the value of sports tourism, saying that it can have a multiplier effect on the local economy, after having noted the segment’...

German credit rating agency Scope has completed its periodic review of the Cypriot economy, opting not to issue a rating action, citing no significant changes that would impact the assessment ...

Meta Platforms (META.O), the parent company of Facebook and Instagram, said that it was expanding its suite of generative AI ads products to offer tools that can automatically create ...

By Anthony King A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr John Abou-Rjeily, a researcher at Tiamat ...

Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial ...

Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms to filter out or downgrade harmful material to help protect children under recently published proposed British ...

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 ...