#business

The real estate market in Cyprus witnessed significant activity in high-value property transactions during the month of November 2023, according to data released by Ask Wire, a Cypriot firm combining real ...

The Central Bank of Cyprus (CBC) this week announced that it has decided to retain the countercyclical capital buffer (CCyB) at 1 per cent, in accordance with the Macroprudential Supervision of ...

Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts ...

Aegean Airlines and Cyprus Airways on Thursday announced that they have signed a long-term ACMI (wet lease) deal in which the Cypriot flag carrier will lease two Airbus A320 aircraft ...

The European Commission’s latest report on Cyprus’ economic and financial outlook for Autumn 2023 has outlined a series of projections and assessments, painting a nuanced picture of the country’s ...

Shipping companies remain in the dark over a new international navy coalition being assembled by the United States to combat attacks in the Red Sea, with many vessels continuing to ...

Cuban craft vendor Melani Ramos says she is feeling pretty down ahead of the holidays this year, as shelves that are bare and friends and family lost to a record-breaking ...

The first half of next year will offer favourable conditions for Italian government bonds after a stellar 2023, analysts say, but problems may surface from June onwards connected with politics and ...

Russia has handed out more than $12 billion in state subsidies and loans to keep its aviation sector afloat since Western sanctions over Moscow’s invasion of Ukraine cut off supplies ...

Cypriot company Davion Healthcare Plc, a leading medical device manufacturer, has announced that it has entered into an agreement with the Bank of New York Mellon, a renowned financial institution, ...

Leading Cypriot shipping services firm Tototheo Maritime on Wednesday announced that it has been certified as a Great Place to Work in both Cyprus and Greece, for the period from ...

Lufthansa (LHAG.DE) ordered 80 planes from Boeing (BA.N) and Airbus (AIR.PA) and agreed to future purchasing options for a total value of $9 billion, the German flagship carrier said ...

FedEx (FDX.N) cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling 9.8 per cent, as its largest Express ...

The Cabinet of Ministers on Wednesday approved the National Maritime Spatial Plan, in what is being described as a decisive move that aims for the holistic development of Cyprus’ shipping ...

Cyprus-headquartered Exness, the world’s largest online retail broker and one of the island’s most renowned employers, has just celebrated its 15th anniversary with a week-long series of grand ...

Freedom Finance Europe this week announced the inauguration of 3 new offices in the Netherlands, Austria, and Bulgaria, marking another step in its growth trajectory. The company noted that this expansion “...

The Cyprus Stock Exchange (CSE) on Wednesday announced the initiation of a consultation process by the Ministry of Finance regarding the proposed bill for the privatisation of the exchange. Titled “...

Tesla (TSLA.O) is not offering its employees yearly merit-based stock awards, Bloomberg News reported earlier this week. Tesla did not immediately respond to Reuters’ request for comment. The news ...

British inflation plunged in November to its lowest rate in over two years, prompting investors to pile further into bets that the Bank of England will cut interest rates next ...

The last 12 months have been some of the most challenging in the buyout industry’s recent history, as private capital fundraising fell to five-year lows and investors became more selective ...

Travel within Europe in the busy holiday season is exceeding 2022 levels, despite security warnings from authorities around Europe as consumers remain determined to enjoy holidays, prolonging the post-pandemic travel boom. ...

The harmonised index of consumer prices in Cyprus recorded a year-on-year rate of 2.4 per cent in November 2023, marking a slowdown compared to the rate of 3.6 per cent observed in October 2023, ...

Rating agency Capital Intelligence recently revised its outlook for the Bank of Cyprus’ (BoC) Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Ratings (BSR) from stable to positive. The ...

In Britain, a Christmas trip to the food aisles of Marks & Spencer is as much a treat as presents under the tree, with millions of shoppers ditching their regular ...