#business

The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges ...

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight ...

The latest target prices for shares of Greece’s major banks from leading international investment firms indicate a promising outlook for investors, according to a report from Stockwatch. Despite significant ...

Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday. Alongside the bond issue, ...

Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, according to official data that underlined the fiscal pressure faced ...

Shipping Deputy Minister Marina Hadjimanolis, and Gender Equality Commissioner Josie Christodoulou hosted a press conference on Wednesday at the Presidential Palace to launch the ‘Women in Shipping’ campaign. This initiative, ...

The president of the Pancyprian Association of Cinema Owners Marios Herodotou has issued a final appeal to the authorities to exclude cinemas from the venues where a price cap on ...

Greece successfully raised €600 million in a 26-week treasury bill auction conducted on Wednesday, according to an announcement by the Public Debt Management Agency (PDMA). The auction yielded a return of 2.45 ...

The electronic money institutions (EMIs) sector is experiencing rapid growth, driven by the increasing demand for digital transactions, according to Moneygate founder and CEO Nicolas Treppides. “As we step into 2025, ...

Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday. Alongside the bond issue, ...

The Bank of Cyprus has made significant progress in implementing measures designed to alleviate financial pressures on its customers, particularly through reduced charges and lower interest rates. According to the ...

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the ...

Cyprus-based venture capital company 33EAST, supported by the European Investment Fund, has raised €26 million to launch its first venture capital fund, aiming to boost the island’s start-up ecosystem and ...

EU finance ministers approved Romania’s deficit-cutting plan to bring its fiscal deficit below 3 per cent of national output by 2030, a move Bucharest hopes will help reassure investors about its ...

British airline easyJet (EZJ.L) reported a smaller first-quarter operating loss on Wednesday on easing fuel costs and strong passenger demand for travel and its holiday packages. It posted a ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday. Joshua ...

Economists are split on whether Singapore’s central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies US President Donald Trump ...

The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services ...

Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the US president’s first set of policies following his inauguration made ...

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps. She pointed out that ...

Consulting and advisory firm PwC Cyprus on Tuesday shared the results of the company’s annual global CEO survey, which showed that almost 60 per cent of company heads expect global ...

The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system. These measures, detailed in ...