#business

A group representing major automakers including General Motors (GM.N), Toyota Motor Corp (7203.T), and Volkswagen (VOWG_p.DE) urged President-elect Donald Trump to retain key tax credits for electric ...

Cyprus and Greece have announced a joint €2 million funding call aimed at strengthening cooperation in research, innovation, and technology, according to an official announcement released this week. This initiative, spearheaded ...

Cyprus-based Anymaster, a service marketplace that connects clients with local service providers, has successfully raised €350,000 in funding, allowing it to expand to Athens, Greece. “Already operating in four major cities ...

The Central Bank of Cyprus (CBC) on Friday reported that 94 per cent of loans held by credit acquisition companies were categorised as non-performing (NPLs) as of June 30, 2024. The report indicates ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced its adoption of the European Banking Authority’s (EBA) guidelines on governance for issuers of asset-referenced tokens (ARTs). These guidelines, ...

Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly ...

Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the West, with investors also anxious about the US interest rate policy ...

Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2 per cent from January as volatile ...

British business output shrank for the first time in more than a year and tax increases in the new government’s first budget hit hiring and investment plans, a survey ...

Oil prices held steady on Friday, on track for a weekly rise of 5 per cent, as the Ukraine war intensified and Chinese imports were set to increase in November. Brent ...

Britain borrowed more than expected in October, according to official data that showed the challenge facing finance minister Rachel Reeves who says she will fix the public finances as well ...

Central Bank of Cyprus (CBC) govennor Christodoulos Patsalides on Thursday addressed the Economist annual summit, highlighting the European banking sector’s resilience, while also addressing the challenges and risks facing ...

Central Bank of Cyprus (CBC) govennor Christodoulos Patsalides on Thursday addressed the Economist annual summit, highlighting the European banking sector’s resilience, while also addressing the challenges and risks facing ...

The Cyprus government on Monday, November 25, will offer new 13-week Treasury Bills (T-bills), set to mature on 28 February 2025. The annualised yield for the new issuance is expected to range between 2.95 ...

The AI Future Hub, a thriving AI-focused community with over 3,000 members, is hosting an Unconference as part of the AI Paphos Summit in Paphos, Cyprus. The event, taking place on ...

The Research and Innovation Foundation (RIF) lead a delegation of over 40 participants from Cyprus, including 18 startups and scaleups, at Slush 2024, according to an official announcement released on Thursday. Slush is ...

President of the European Investment Bank (EIB) Nadia Calvino will visit Nicosia on Friday to inaugurate the EIB’s new office in Cyprus, according to an official announcement. Calvino’s ...

Apartment prices and rents in Cyprus defied broader market declines during the third quarter of 2024, reflecting strong demand, according to a report from real estate analytics firm Ask Wire. At ...

Greece’s systemic banks—Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank—plan to expedite the repayment of deferred tax credits (DTC) starting in 2025, a move that credit ...

Shipping Deputy Minister Marina Hadjimanolis has officially announced the candidacy of the Republic of Cyprus for re-election to the Council of the International Maritime Organisation (IMO). The Shipping Deputy Ministry ...

OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen ...

The Bank of Cyprus on Wednesday announced the complete disposal of the remaining shares held by Cyprus Popular Bank (Laiki) Public Co Ltd, which has been in liquidation. Following the ...

US inflation continues to ease, with wages and the job market cooling and excess price increases largely confined to housing, a situation in which it will likely remain appropriate to ...

HSBC (HSBA.L) is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest. Jose Carvalho, HSBC UK’...