#business

The euro zone appears to be in the middle of another recession but worries about whether definitive growth figures due early next year will have a plus or minus sign ...

The dollar held its ground on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling the Federal ...

Energean plc, a prominent gas-focused independent exploration and production company operating in the Mediterranean and UK North Sea, on Thursday released an update for the nine months ending September 30, 2023, reporting ...

Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lacklustre energy demand from China. Brent futures ...

For Darya Stepanova, a mother of two who lives in a small town on the eastern side of the Ural mountains, soaring prices for everything from baby food to nappies ...

As families in the US prepare to gather for their Thanksgiving dinners next week, food prices have largely flatlined for months, gasoline prices are about 10 per cent lower than a ...

Larnaca Chamber of Commerce & Industry (Evel) president Stavros Stavrou used his speech at this year’s annual assembly to highlight the city and district of Larnaca’s substantial strides ...

The Cyprus Stock Exchange (CSE) this week announced the implementation of a new Regulatory Decision and an updated Securities Accounts System (SAS), applicable as of November 13, 2023. According to the announcement, ...

Volkswagen (VOWG_p.DE) has not made a decision on producing a 20,000-euro ($21,714.00) electric car yet, but Chief Executive Oliver Blume is convinced that the company can get there by ...

Cypriot startup accelerator ARIS, short for A Really Inspiring Space, and Frederick University this week announced that they have signed a memorandum of understanding to facilitate the growth of youth ...

The national carrier of the Kingdom of Bahrain, Gulf Air, on Wednesday announced that it has increased the number of flights to Larnaca and Athens, aiming to bolster its operations ...

The Cabinet has greenlit a pivotal legislative draft titled ‘The Establishment and Operation of Collective Investment Organisation Management Companies Law of 2023’, which aims to regulate the operations of Fund Managers ...

Siemens Energy (ENR1n.DE) is reviewing the structure of Siemens Gamesa, it said on Wednesday, in a bid to return to profit the struggling wind division that caused a 4.6 ...

The head of Germany’s drug regulator BfArM is considering an export ban on Novo Nordisk’s (NOVOb.CO) diabetes drug Ozempic, which is in high demand for its weight-loss ...

British inflation cooled by more than expected in October as household energy prices dropped from a year ago while stubbornly high services sector price growth also eased, offering some relief ...

Port management company DP World Limassol on Wednesday announced that Limassol port saw record cruise ship calls in October 2023, welcoming 31 cruises and around 48,000 passengers to the island. According to the ...

The Cypriot economy witnessed a growth rate of 2.5 per cent during the third quarter of 2023, compared to the same period in 2022, reflecting a higher annual increase than the 2.2 per cent ...

The University of Cyprus (UCY) this week announced that it is set to host a two-day event on artificial intelligence, called AI Days, on November 27-28. In its announcement, the ...

Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market research firm Rho Motion. China ended an 11...

The German cartel office said on Tuesday it opened an investigation into Coca-Cola Europacific Partners Deutschland over pricing practices in the country. “There are indications that Coca-Cola could competitively hinder ...

Bitcoin miners are making hay while the sun shines. The business has been yanked out of the doldrums by the cryptocurrency’s recent rally – and now mining companies are racing ...

The Cyprus Chamber of Commerce and Industry (Keve) is taking part in the European Parliament of Enterprises, an event organised every two years by the European Chambers of Commerce, along ...

Energy Minister makes case for Cyprus as a centre for international technology companies Minister of Energy, Commerce, and Industry George Papanastasiou presented Cyprus as an attractive destination for technology and ...

The Bank of Cyprus is set to complete its Minimum Requirement for Own Funds and Eligible Liabilities (MREL) target one year earlier than expected, signalling progress towards sustainable profitability, as ...