#business

Despite the accumulated challenges it faces, the real estate sector in Cyprus continued to display its resilience during the third quarter of 2023, the Real Estate Agents Registration Council said on ...

Tesla (TSLA.O) is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday. The company had earlier said that ...

Oil prices edged up in Asian trade on Wednesday ahead of key meetings of global central banks this week, including the US Federal Reserve, while the market closely watched the ...

The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank loans handed out to ailing businesses during the COVID-19 pandemic, leaving lenders on the hook for some ...

HELLENiQ ENERGY, formerly known as Hellenic Petroleum, on Tuesday announced the acquisition of six solar parks in Cyprus with a total capacity of 26 MW. According to the announcement, this strategic ...

Cyprus has been selected to host the International Conference and General Assembly of the Women’s International Shipping and Trading Association (WISTA International) in 2024, with the event set to take ...

The president of the Paphos Chamber of Commerce and Industry (Evep) George Mais this week emphasised the necessity of accelerating actions and efforts related to the digital transformation and other ...

Prices in British store chains rose at the slowest pace in more than a year in October, according to industry data that adds to signs that the country’s high ...

Almost three in 10 UK consumers plan to spend less in the festive period this year than last year, reflecting the impact of the ongoing cost-of-living crisis, according to survey data ...

Household debt in Cyprus has fallen to 69 per cent of the Gross Domestic Product (GDP), according to a report released on Tuesday by the Central Bank of Cyprus (CBC), for ...

Euro zone inflation dropped to its lowest level in over two years in October, as energy prices fell and the high interest rates set by the European Central Bank dampened ...

Britons are turning to unregulated “buy-now-pay-later” credit in ever increasing numbers to pay their bills, the Financial Conduct Authority said on Tuesday, in the latest sign of how the country’...

The Bank of England is expected to keep interest rates at their 15-year high on Thursday as it battles an inflation rate that is more than three times as high ...

BP (BP.L) on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts as strong oil trading and refining margins were offset by weak gas results while the firm wrote ...

Apple (AAPL.O) on Monday introduced new MacBook Pro and iMac computers and three new chips to power them, with the company saying it had redesigned its graphics processing units (...

The European Central Bank (ECB) kept interest rates unchanged last week, breaking a remarkable trend of ten successive rate hikes. The ECB remained resolute in its stance that the increasing ...

The Cyprus Economic Sentiment Index (ESI) saw a minor decline in October, primarily influenced by the weakening business climate in the services sector, according to a report by the University ...

President of the Paphos Chamber of Commerce (Evep) George Mais has called upon the government to boost entrepreneurship in the district, highlighting the challenges faced by the business community in ...

Cyprus’ Industrial Production Index continued to experience an upward trajectory, increasing by 3 per cent in August 2023, reaching 121.8 points, with 2015 being set as the base year, compared to August 2022, according to ...

Britain said on Monday it would legislate to implement its first set of rules to regulate the crypto sector, requiring market participants to be authorised before they can offer services ...

Treasury market participants expect US regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. They worry it could also ...

Meta Platforms (META.O) said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. ...

Chevron’s (CVX.N) deal announced last week to buy Hess (HES.N), one of the largest operators in the Bakken shale play in North Dakota, could raise oil output ...

HSBC (HSBA.L) announced on Monday a fresh $3 billion share buyback, and a more than doubling of third-quarter profit that nonetheless disappointed as upward pressure on wages and technology spending ...