#business

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’...

Sim4Flow, a Cypriot MedTech startup focused on intracranial aneurysm management, will present its groundbreaking AI-driven platform, IRIS, at Slush 2024 in Helsinki. The event, one of the world’s largest ...

Bitcoin rose to a record high above $94,000 as a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt (BKKT.N) boosted expectations ...

President Tayyip Erdogan on Wednesday cited the central bank’s year-end inflation forecast of 44 per cent and said Turkey will not let inflation crush people when asked about an expected ...

British inflation jumped by more than expected last month to rise back above the Bank of England’s 2 per cent target and underlying price growth gathered speed too, showing why ...

PwC Cyprus, in collaboration with Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded Project Symbiosis by the European Defence Agency (EDA). Announced this week, the initiative ...

The construction sector in Cyprus recorded a 4.7 per cent increase in production during the first half of 2024 compared to the same period in 2023, according to a report released on Wednesday ...

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 ...

The Cypriot insurance sector recorded a notable increase in premiums during 2023, surpassing €1 billion in turnover for another consecutive year, it emerged this week. Specifically, total premiums for 2023 reached €1.204 billion, marking ...