#business

The Hotel Summit & Exhibition is set to mark its 45th edition on February 23, 2024, at the City of Dreams Mediterranean hotel in Limassol. The conference brings together industry leaders, hotel ...

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers ...

The German government expects the economy to grow 0.2 per cent this year, far less than a previously forecast 1.3 per cent, as weak global demand, geopolitical uncertainty and persistently high inflation ...

For nearly a year, US natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an ...

The World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth. The multilateral lender’s latest warning comes as international ...

Apple (AAPL.O) is rolling out an upgrade to its iMessage texting platform to defend against future encryption-breaking technologies. The new protocol, known as PQ3, is another sign that US ...

Cypriot Deputy Minister of Tourism Kostas Koumis this week emphasised the urgent need for support measures from the European Union (EU) for island tourist destinations, during his participation in the ...

Eurobank Cyprus on Wednesday announced that it recently organised a voluntary blood donation and bone marrow sampling event for its staff at the bank’s headquarters in Nicosia. The blood ...

The 7th Annual Capital Link Cyprus Shipping Forum is scheduled to take place next Tuesday, February 27, in Limassol, aiming to highlight the important role of Cyprus as a shipping, energy, ...

Cyprus’ central government debt, comprising approximately 99 per cent of the total debt of the Republic of Cyprus, reached €22.4 billion at the end of 2023, according to a report released this week. ...

Consulting and advisory firm PwC Cyprus presented the key findings of its 13th annual survey for CEOs in Cyprus at an event on Thursday, which was held under the theme ...

Deputy Minister of Tourism Kostas Koumis has denied claims that Cyprus’ tourist arrivals for 2024 will fall short of more than 500,000 seats compared to the previous year. Despite the challenges ahead, ...

Cyprus’ Business Turnover Index in Transportation and Storage reached 143.1 units in the fourth quarter of 2023, with 2015 being the base year, reflecting a 6 per cent increase compared to the same quarter ...

Barclays (BARC.L) laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds of costs, returning 10 billion pounds ($12.6 billion) to shareholders and investing ...

Nest, a 36 billion pound ($45 billion) UK workplace pension fund, expects to ramp up private assets holdings to as much as 30 per cent of its portfolio, in one of the most ...

Cyprus took part in the 5th session of the Regulatory Authority Advisory Committee (RAAC), held on February 7, with discussions primarily revolving around the short-term and medium-term prospects for natural gas ...

Chipmaker Nvidia (NVDA.O) is replacing Tesla (TSLA.O) as Wall Street’s most traded stock, adding to its prominence after becoming the third-most valuable US company and showing more ...

The Cyprus Shipping Chamber (Kne) on Tuesday released a statement welcoming the official launch of the EU maritime security defence operation in the Red Sea, known as ‘ASPIDES’. The chamber’...

Cyprus experienced a yearly drop in tourist arrivals in January 2024, the first time this has happened since March 2021, thus interrupting a long-running positive streak in tourist numbers. According to a ...

Ksenia Bitulina, an HR specialist with over 20 years of experience, recently used her participation at an event held by bbf: in Limassol to offer insights into the rapidly evolving landscape ...

Chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poullikkas on Tuesday explained that significant reforms are needed in order to navigate the transition toward renewable energy sources. In an ...

Britain plans to change rules on short-term lets to protect local residents from being pushed out of their communities by excessive temporary accommodation, it said on Monday, with implications for ...

Bitcoin is riding high. The world’s largest cryptocurrency has leapt 22 per cent this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since ...

Oil prices edged up on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked up 3 cents to $83.59 a barrel by 0757 GMT. ...