#business

Energy consumption across the European Union services sector climbed to 4,971 petajoules in 2024, according to the latest data released by Eurostat. This figure marks a slight rise from the 4,886 petajoules recorded ...

South Korean content generated 12.1 billion hours of viewing on Netflix worldwide between April 2025 and March 2026, making it the most-watched content origin outside the United States, according to new analysis from ...

The adoption of artificial intelligence tools is already leading to a reallocation of jobs within the United States labour market, according to new research published by the European Central Bank (...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The European Union maintained stable petroleum oil imports during the first quarter of 2026 when compared to the monthly average recorded throughout 2025, according to a report from Eurostat. The value of ...

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign ‌of early progress for an experimental industry backed by Elon Musk’s SpaceX (SPCX.O) ...

Generative AI use is spreading quickly among French mid-sized companies, but most have yet to report ​clear productivity benefits, according to a survey by ‌state-backed investment bank Bpifrance. Bpifrance said ...

A majority of US consumers now say they would prefer to buy a home rather than rent or move in with family, the ​first time since 2023 that sentiment has favored ...

The European Central Bank (ECB) released its Consumer Expectations Survey on Friday, showing that median inflation expectations for the next 12 months dropped significantly during May. Consumers’ inflation expectations for the ...

Tototheo Global joint chief executive officer Despina Panayiotou Theodosiou on Friday announced her candidacy for election to the board of governors of the International Propeller Club, Port of Piraeus. In ...

Elbridge Investments (Cyprus) Limited announced on Friday the payment of interest for bonds bearing the ISIN code CY0148711019 for the period spanning April 01, 2026, to June 30, 2026. The interest rate for this ...

Construction material producer Kythreotis Holdings has warned that its results for the first half of 2026 are expected to be significantly lower than those recorded in the same period last year, ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The Cyprus Stock Exchange (CSE) announced on Friday that Interfund Investments Plc shares will be moved from the surveillance market back to the alternative market. This shift comes as the ...

SquareOne has launched Zoia, a 147-apartment residential project in Kato Polemidia, placing its bet on one of Limassol’s most rapidly changing pockets, where an old military site is being ...

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield ...

Logicom Public Ltd shareholders have approved the payment of a €0.10 dividend per share during the company’s annual general meeting. The dividend, corresponding to 29.4 per cent of the nominal value ...

Petrolina (Holdings) Public Limited announced on Friday that its financial results for the first half of 2026 are expected to show a significant improvement compared with the corresponding period of 2025. The ...

Artificial intelligence can write code, create images and suggest solutions, but it cannot dream or replace human judgement, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou told University ...

Andreas Christoforou has been re-elected to the YoungShip International Board and appointed Regional Representative for Southern Europe, in a move that strengthens Cyprus’ presence within the global network for young ...

The International Maritime Organisation (IMO) has temporarily suspended its evacuation plan for vessels trapped in the Persian Gulf after an attack on a merchant ship in the Gulf of Oman, ...

French tyre maker Michelin will close its BFGoodrich plant in Tuscaloosa, Alabama, by the end of 2028, affecting around 1,200 workers, as global tyre manufacturers continue to adjust to weaker demand, underused ...

Researchers link climate events to regional economic output Extreme heat waves and droughts are increasingly threatening economic growth across the European Union, with the agricultural sector in regions such as ...

Greek lenders, some of which also operational in Cyprus, remain on course for strong growth despite geopolitical tensions in the Middle East and concerns over the tourism season, with UBS ...