#business

British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of ...

American Airlines (AAL.O) on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus (AIR.PA), Boeing (BA.N) and Embraer (EMBR3.SA) as it looks to ...

Britain’s government needs to do a better job of monitoring risks posed by its sales of bonds which have surged after a string of shocks to the economy, a ...

Meta Platforms-owned (META.O) Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions started ...

Two Cypriot companies were included in the recently released list of the 1,000 fastest-growing European businesses by the Financial Times, compiled in collaboration with the German data analysis firm Statista. Topping ...

Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus ...

In a bid to support the noble cause championed by the Toxotis Foundation, the Cyprus-France Business Association is set to host a Charity Gala Dinner on April 5, 2024, at the Four ...

As the summer season approaches, Cyprus airports are bustling with over 3,000 workers daily, employed by the numerous companies operating within the airport facilities, according to an announcement released on Tuesday ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

Platres’ Forest Park Hotel has been sold to forex and CFD brokerage firm XM for over €10 million, with a major €15 million renovation expected to follow, according to reports released on ...

The Cyprus government aims to address labour market challenges by facilitating the recruitment of necessary workers from third countries, Labour Minister Yiannis Panayiotou said during a meeting with the Famagusta ...

The Central Bank of Cyprus (CBC) this week issued a new directive regarding the operation of the central registry of information for issuers of bounced cheques, aiming to refine existing ...

Deputy Minister of Tourism Kostas Koumis will be undertaking significant diplomatic engagements in Berlin as he leads the Cypriot delegation at the renowned ITB Berlin tourism exhibition, according to an ...

A stronger-than-expected US economy is buoying the dollar, frustrating investors who had bet the currency would wilt under a barrage of interest rate cuts that have yet to materialize. The ...

Sterling’s meandering performance against the dollar could get a jolt this week as Britain’s finance minister faces pressure to cut taxes, but with the gilt turmoil of September 2022 ...

Cyprus saw a substantial 47 per cent increase in the issuance of new loans during the first month of the year, according to a report released this week by the Central ...

International investment company XM this week announced its active involvement in supporting education and skills development through a sponsorship agreement with ARIS (A Really Inspiring Space), allowing the company to ...

The European Central Bank meets on Thursday, with markets eyeing any nudge towards an interest rate cut as inflation weakens. The ECB, expected to hold rates at a record 4 per ...

Japanese automaker Toyota (7203.T) will announce on Tuesday an 11 billion real ($2.2 billion) investment for the next few years in Brazil, the South American country’s vice-president said on Sunday. Toyota ...

The Swiss National Bank (SNBN.S) posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as the switch to positive interest rates cost ...

The Central Bank of Cyprus (CBC) on Monday released a report revealing a decline in deposit interest rates in January 2024, alongside a mixed picture in interest rates for key loan ...

For the second consecutive year, the University of Nicosia and Junior Achievement Cyprus co-organised the World Conference on Business Education, with the theme “Development of Business Skills”. This event took ...

Celestyal Cruises and the Cyprus Maritime Academy on Monday announced the signing of a Memorandum of Understanding, marking a significant collaboration in the realm of maritime education. Under this agreement, ...

Deputy Minister of Shipping Marina Hadjimanolis will be conducting visits to Athens and Brussels this week, according to an official announcement by her ministry released on Monday. The announcement stated ...