#business

Greece’s current account deficit shrank slightly in November compared to the same month in 2023, helped by robust tourism revenues, the Bank of Greece said on Monday. Central bank data ...

By Mike Peacock Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate ...

Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of interest rate cuts is hanging over the market, property ...

The Paphos regional tourism board (Etap) has passed on the European Cultural Tourism Network (ECTN) presidency to Romania’s Sibiu tourism association after a Dublin-held election. The changeover comes after ...

The bill for the privatisation of the Cyprus Stock Exchange (CSE) is undergoing legal review and is expected to reach the House for a vote in February, it emerged on ...

The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of ...

Oil prices fell on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset ...

Logicom Services Ltd, a wholly owned subsidiary of Logicom Public Limited, has announced a public offer to acquire all outstanding shares of Demetra Investments. However, as reported by Stockwatch, analysts ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks feed ...

Limassol has the highest rental prices in Cyprus, averaging €4,492 for houses, while Famagusta has the lowest, with apartments averaging €745, according to a report released on Monday from Landbank Analytics. The ...

The Cyprus Chamber of Commerce and Industry (Keve) recently hosted an official dinner celebrating the Chinese New Year, in cooperation with the Cyprus-China Business Association, according to an announcement released ...

By Branko Milanovic Almost never are witnesses to historical events aware they are observing or participating in a history-changing event. Often, the very protagonists of the historical events are unaware ...

JPMorgan Chase (JPM.N) has posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. The banking giant was buoyed by ...

While “U.S. exceptionalism” has undoubtedly helped drive Wall Street’s record-busting returns in recent years, it should not be confused with isolationism. The fourth-quarter U.S. earnings season that ...

BlackRock’s (BLK.N) assets hit a record high $11.6 trillion in the fourth quarter of last year as the world’s largest money manager posted a 21 per cent profit jump, ...

British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, according to ...

Chipmaker Intel Corp (INTC.O) has announced that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the ...

Here are the top business stories in Cyprus from the week starting January 13: The need for enhanced collaboration between public authorities and private enterprises was emphasised during the recently held ‘...

High government spending and a growing need among big economies – from the United States to Britain and France – to tap bond markets to fund their outlays have shot up the ...

Generative artificial intelligence bellwether OpenAI said this week that it is introducing a beta feature called Tasks to ChatGPT, signaling the company’s foray into the virtual assistant space, competing ...

US producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend. The moderation ...

Israeli high tech companies overcame a year of war and likely raised more than $12 billion in 2024, up 31 per cent from 2023, led by cyber security funding and investments in more established ...

Eurobank’s acquisition of Hellenic Bank is expected to conclude by the end of May, paving the way for the legal and operational merger with Eurobank Cyprus. The latest update ...