#business

Energean, a prominent gas-focused independent exploration and production company operating in the Mediterranean and UK North Sea, on Thursday announced that it has achieved the first gas from Karish North, ...

The Cyprus Research and Innovation Centre (CyRIC) this week announced that it is spearheading the EU-funded dAIry 4.0 project, focusing on advanced artificial intelligence (AI) and data solutions for individualised automated ...

Hellenic Bank on Thursday announced the launch of a specialised account designed for individuals aged 18 to 25, acknowledging the specific financial needs of the youth. The bank explained that the account, ...

In a strategic collaboration with the Ministry of Energy, Commerce, and Industry, the Cyprus Chamber of Commerce and Industry (Keve) is set to host a presentation on a funding scheme ...

American Airlines (AAL.O) is nearing a deal for about 100 narrowbody jets split between Airbus SE (AIR.PA) and Boeing (BA.N), with the European planemaker likely to win a ...

The US economy grew at a solid clip in the fourth quarter amid strong consumer spending, the government confirmed on Wednesday, but it appears to have lost some speed early ...

Britain’s market regulator plans to announce corporate investigations earlier, publish updates and close inquiries more quickly in an effort to prioritise cases with the most impact and reassure the ...

The Treasury on Wednesday announced that the rate of implementation of the development costs of the state budget in January 2024 stands at 1 per cent, equivalent to €17.86 million, remaining consistent with ...

Industrial production in Cyprus witnessed an increase of 2.4 per cent in 2023 compared to the previous year, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Cyprus’ ...

The Vice President of the European Investment Bank (EIB), Kyriakos Kakouris, is set to embark on an official visit to Cyprus on Thursday and Friday. The visit, according to an ...

Energy Minister George Papanastasiou, who is attending the Investopia 2024 conference is in Abu Dhabi, will take part in a discussion on “Strategic Priorities in a Shifting Global Landscape: A Policy ...

British employers advertised the fewest jobs in nearly three years last month, with numbers down 15 per cent from a year ago, figures from recruitment data company Adzuna showed on Monday, ...

European banks are set to hand investors a record 120 billion euros ($130 billion) in dividends and share buybacks this year, analysts say, returning more of the profits reaped from a period ...

Alkis H. Hadjikyriakos Public Ltd, which makes the Frou Frou brand biscuits has announced increases in the prices of its products containing chocolate by 20 to 30 per cent. The higher prices ...

Franco-Italian automaker Stellantis (STLAM.MI) said on Monday it had reached a multi-billion-euro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across Europe over ...

Britain’s code of good practice for asset managers will undergo a root-and-branch review to aid economic growth and international competitiveness, its compiler said on Tuesday, in a move that ...

OPAP Cyprus on Tuesday launched its 2024 social initiatives with a focus on health, a key priority for the organisation. Chief Commercial Officer Alexandros Davos announced the renewed adoption of two ...

Bank lending to companies and households in the eurozone stagnated last month, indicating the bloc’s long-awaited economic recovery has yet to gain traction, European Central Bank data showed on ...

British grocery prices rose this month at their lowest rate since March 2022, as supermarket promotions picked up after a post-Christmas slowdown, industry data showed on Tuesday. Market researcher Kantar said ...

Deputy Minister of Shipping Marina Hadjimanolis revealed on Tuesday the challenges Cyprus faced in the December 2023 elections of the International Maritime Organisation (IMO). The minister said that not only did ...

Both total loans and deposits in Cyprus witnessed a net decrease in January 2024, according to a report released on Tuesday by the Central Bank of Cyprus (CBC). According to the ...

Cyprus’ Economic Sentiment Indicator (ESI) witnessed a decline of 2.1 points in February 2024, compared to January 2024, indicating a worsening economic climate, according to a report released on Tuesday by the University ...

Oil prices on Tuesday built on gains made a day earlier amid attacks on shipping in the Red Sea that have exacerbated supply worries. Brent crude futures rose 36 cents, or 0.44 ...

The University of Limassol (UoL) on Tuesday released a statement announcing a new partnership with the Association of Information Technology and Telecommunications Executives of Maritime Companies (AMMITEC). AMMITEC is a ...