#business

Hellenic Bank is reportedly on the verge of finalising a deal with French insurer CNP Assurances to acquire its insurance operations in Cyprus, it emerged on Wednesday. Citing sources within ...

Lloyds Banking Group’s (LLOY.L) pretax profit slid by 28 per cent in the first quarter, as rising costs, peaking interest rates and intensifying competition in the mortgage market hit ...

Tesla (TSLA.O) shares surged about 10 per cent on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and ...

The Ministry of Energy has announced a call for proposals under the grant scheme for energy upgrading and boosting the competitiveness of large businesses, totalling €17 million, funded by the European ...

London-based investment fund Helikon Investments Limited has raised its stake in the Bank of Cyprus, according to an announcement by the bank. The Italian investment fund disclosed that its voting ...

The 25th edition of the Travel Expo Cyprus, held from April 19th to 21st at the Cyprus state fair grounds, welcomed more than 10,000 visitors, both local and international, who were ...

Hellenic Bank is reportedly on the verge of finalising a deal with French insurer CNP Assurances to acquire its insurance operations in Cyprus, it emerged on Wednesday. Citing sources within ...

The Department of Higher Education of the Ministry of Education is set to implement a project aimed at linking the country’s higher education with the labour market, according to ...

PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday as demand for its sodas and snacks like Cheetos and Doritos in international markets drove growth even as ...

President Nikos Christodoulides on Tuesday addressed the Cyprus Employers and Industrialists Federation (Oev), during the federation’s annual general meeting, where he reiterated the government’s support for the local ...

Overall business activity in the eurozone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc’s dominant service industry more than ...

Investing in defence companies is compatible with long-term sustainable considerations, a joint statement from Britain’s finance ministry and UK asset management industry body said on Tuesday. The government said ...

President Nikos Christodoulides on Tuesday addressed the Cyprus Employers and Industrialists Federation (Oev), during the federation’s annual general meeting, where he reiterated the government’s support for the local ...

Cyprus’ Chief Scientist Demetris Skourides accompanied a talented group of students from the Neapolis University of Paphos to Luxor, Egypt, where they competed in the final round of the prestigious ...

Cypriot firm Ask Wire, which provides integrated real estate profiling and data analytics services, has been included in the third edition of the Deloitte Technology Fast 50 list for the Middle ...

A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers from Tokyo to Beijing and Stockholm. The dollar is at its highest since November ...

Set against Cyprus’ rapidly growing role as a centre for technology and innovation, the 2nd Cyprus – The New Global Tech & Innovation Hub Summit is ready to draw international attention ...

Shipping Deputy Minister Marina Hadjimanolis on Tuesday set off on a visit to Guangzhou, China, in order to partake in the naming ceremony of the newly built cargo ship ‘AAL ...

European Central Bank governors fear publishing their interest rate forecasts would invite pressure from governments trying to gauge if their central banker was serving their domestic agenda, sources told Reuters ...

Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...

Panzer’s delicatessen in north west London has lost 37 suppliers from the European Union since Britain left the bloc’s single market in 2021, and owner David Josephs fears more will ...

The Central Bank of Cyprus (CBC) has released a statement notifying the public of scheduled closures for all banks on several upcoming dates. The closures are as follows: Wednesday, May 1, 2024: ...

Delegates attending the inaugural Commonwealth Ocean Ministers Meeting in Cyprus on April 19 have committed to advancing their discussions at upcoming global summits, according to a statement released on Monday. According ...

The newly appointed governor of the Central Bank of Cyprus (CBC) Christodoulos Patsalides has deemed today’s interest rate disparity between lending and deposit rates in Cyprus unsatisfactory, suggesting various ...