#business

The Bank of Cyprus (BoC) on Monday announced that it has received the title of ‘Best Private Bank Cyprus 2025‘ by Global Banking & Finance Review magazine. The bank said that ...

The Cyprus International Businesses Association (CIBA) has sent a letter to Finance Minister Makis Keravnos, raising a series of questions regarding the proposed tax reform and its impact on foreign ...

EU-funded researchers are looking to hot air to overcome the supply and demand issues faced by solar energy and ease the clean energy transition. By Michael Allen As the world ...

EU-funded researchers have developed smart tags to guarantee the authenticity and traceability of wine from vineyard to table, helping to combat counterfeiting and boost consumer trust. By Sofia Sanchez Manzanaro ...

If Germany is to quickly revive its flagging industrial economy, businesses say the country’s new leadership must make drastic reductions to bureaucracy alongside their radical plans to boost public ...

Facebook owner Meta (META.O) is testing its first in-house chip for training artificial intelligence systems, a key milestone as it moves to design more of its own custom silicon ...

Britain’s housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax ...

Bolivia’s state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company ...

That was the headline following the publication in December of a ‘Joint Employment Report (JER)’ by the European Commission (EC) that provides an annual overview of key employment and social ...

Here are the top business stories in Cyprus from the week starting March 10: Out of 741 tourist units preparing to reopen in Cyprus, only 100 have secured a licence, accounting for just 13.5 ...

El Al Israel Airlines has reported a nearly five-fold jump in net profit in 2024, benefiting from being one of very few carriers serving Tel Aviv after foreign airlines halted flights ...

Spain’s government has approved a bill imposing massive fines on companies that use content generated by artificial intelligence (AI) without properly labelling it as such, in a bid to ...

Real estate agents and their assistants in Cyprus face uncertainty over their professional licences following a decision by the Cyprus Real Estate Agents Registration Council to revise the requirements for ...

Credit rating agency Moody’s has upgraded Greece to investment grade, raising its credit rating to Baa3 with a stable outlook from Ba1 with a positive outlook. “The upgrade reflects ...

Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. All recent revisions indicate a more optimistic ...

Eurozone finance ministers are worried that the change of policy under the new US administration to embrace cryptocurrencies could affect eurozone monetary sovereignty and financial stability, top officials said this ...

British consumer spending lost momentum last month after a bounce at the start of the year, despite households’ rising confidence in their personal finances and the broader economy, surveys of ...

IBM (IBM.N) has won a London lawsuit against US tech entrepreneur and philanthropist John Moores’ company LzLabs, which the IT giant accused of stealing trade secrets. IBM sued Switzerland-based ...

Deputy Minister of Tourism Kostas Koumis has held consecutive meetings with the ambassadors of Egypt and Qatar in Cyprus to discuss strengthening tourism cooperation between the countries. According to a ...

The Cyprus Employers and Industrialists Federation (Oev) announced on Friday that George Pantelides, head partner at Deloitte and current deputy president of the federation, will assume the role of president ...

Cyprus’ wholesale trade sector recorded a slight increase of 0.4 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to a report released by the Cyprus ...

Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. According to a report from Stockwatch, all ...

Cyprus’ newly proposed national hydrogen strategy has been put forward for consultation, aiming to align the country with the European Union’s broader hydrogen goals. However, according to energy professor ...

The professional services sector remains one of the key pillars of the Cypriot economy, significantly contributing to its growth. Limassol has emerged as the main hub for financial, legal, and ...