#business

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

Britain’s labour market lost a bit more of its inflationary heat, data showed this week, offering some relief to the Bank of England, but stubborn underlying problems continued with ...

The University of Cyprus and Boltzmann Research, a team of scientists seeking to tackle the challenge of predicting financial markets, have signed a Memorandum of Understanding (MoU), according to a ...

Agrotourism in Cyprus is on the rise, according to statements made by Deputy Minister of Tourism Kostas Koumis at the 18th Annual General Assembly of the Cyprus Agrotourism Society held ...

Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in investment banking and growth in wealth management, sending shares up 3.7 per cent. Investment banking revenue climbed 16 ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

Venture capital investment in UK companies fell in the first three months of 2024, in the worst quarter for UK fundraising since the early months of the COVID pandemic, a report ...

Boeing said this week that it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the twin-aisle aircraft program ahead of ...

The Cyprus Shipping Chamber (CSC) this week joined forces with other international and regional maritime organisations in demanding the immediate release of 25 innocent seafarers. The crew, aboard the Portuguese-flagged container ...

Deputy Minister of Tourism Kostas Koumis and Ambassador Khaled Yusuf Ahmed Al Jalahma from the Kingdom of Bahrain, who is based in Tel Aviv, held a meeting on Tuesday in ...

Chief Scientist Demetris Skourides recently concluded a series of meetings in Tokyo, seeking to bolster cooperation between Cyprus and Japan in the fields of research and innovation. According to an ...

To enhance and raise awareness among businesses on issues related to cybersecurity, the Cyprus Chamber of Commerce and Industry (Keve), in cooperation with the Digital Security Authority (DSA), co-organised the ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

Asia-focused hedge funds started 2024 with a strong first quarter, cashing in on a prolonged rally in Japanese stocks, a tentative turnaround in Chinese equities, and a boom in artificial intelligence (...

Could bitcoin’s bumper rally just be getting started this year? That’s the question on the minds of cryptocurrency traders ahead of the upcoming bitcoin ‘halving’, a change in ...

Sales of homes in Dubai worth $10 million or more rose 6 per cent in the first quarter versus last year, an industry report showed on Tuesday, as demand from the international ...

Goldman Sachs’ (GS.N) profit beat Wall Street estimates, fueled by a recovery in underwriting, deals and bond trading in the first quarter that lifted its earnings per share to ...

President Nikos Christodoulides on Monday travelled to London for a series of contacts with financial parties, entrepreneurs and investors. As part of his visit, the president will participate in a ...

Lufthansa (LHAG.DE) slashed its 2024 earnings outlook on Monday, blaming a series of strikes and a slower than planned ramp-up of capacity, in a profit warning that sent its share ...

Israeli inflation accelerated in March, the Central Bureau of Statistics said on Monday, in data that could delay further interest rate reductions. The annual inflation rate rose by a higher-than-expected 2.7 ...

Application for ReflectX 2024, the second edition of the startup programme where innovation meets opportunity, is now open. Designed for ambitious startups from Seed to Series-A, ReflectX offers a unique blend ...

Tesla (TSLA.O) will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and ...

Energy Minister George Papanastasiou is currently in Abu Dhabi to participate in the 14th Session of the Assembly of the International Renewable Energy Agency (IRENA), scheduled to take place from ...

Pareto Limited, a major shareholder in Atterbury Europe Holding B.V., has agreed to exchange part of its debt exposure in Atterbury Europe for a direct interest in both the ...