#business

British house prices surged again in December as the property market upswing continued, surprising economists who had expected to see a slowdown in price growth, mortgage lender Nationwide said this ...

Chipmaker Nvidia (NVDA.O) has completed its acquisition of Israeli AI firm Run:ai, the startup said this week, following antitrust scrutiny over the buyout. The European Commission granted unconditional ...

Samsung Electronics (005930.KS) became the largest shareholder of South Korea’s Rainbow Robotics (277810.KQ), the robotics company said in a regulatory filing. Samsung, which had previously invested in the robotics ...

Industrial turnover in Cyprus increased by 1 per cent in October 2024 compared to the same month in 2023, according to the Cyprus Statistical Service (Cystat). In its latest industrial turnover report, released ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

The Cyprus Mail recently sat down with Vladimir Bakuteev, a Cyprus-based AI entrepreneur and serial tech founder whose ventures span industries such as VR, gaming, education, and artificial intelligence. As ...

Oil prices were little changed on Friday and poised for weekly gains after closing at their highest in more than two months in the previous session, underpinned by expectations of ...

Turkish inflation was lower than expected at 44.38 per cent annually and 1.03 per cent on a monthly basis in December, data showed on Friday, in a month in which the central ...

British lenders approved fewer mortgages than expected in November and consumer lending increased at the weakest pace since mid-2022, according to Bank of England data that chimed with other indications ...

Total deposits in Cyprus amounted to €54.8 billion in November 2024, according to the Central Bank of Cyprus’ monetary and financial statistics report released this week. In addition, the central bank’s ...

The retail trade turnover value index in Cyprus increased by 7.2 per cent in November 2024, compared to the same month in the previous year, according to a report released this week ...

Consulting and advisory firm PwC Cyprus on Thursday announced that it has published its new tax guide for 2025. “The guide serves as an important source of information on all tax-related ...

Lending to eurozone companies and households grew at a modest pace in November, pointing to a lacklustre end of the year for the bloc’s economy, European Central Bank data ...

British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a survey showed on Thursday, ...

The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record and up from 38.075 billion pounds at ...

Sterling dropped to a near-nine month low against the dollar on Thursday, hurt by the US currency’s relentless rise on expectations of dollar-supportive policies from incoming President Donald Trump ...

Tesla (TSLA.O) reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday released a statement congratulating Thomas Kazakos, the director general of the Cyprus Shipping Chamber (CSC), on his appointment as secretary-general ...

Consulting and advisory firm PwC Cyprus on Thursday announced that it has published its new tax guide for 2025. “The guide serves as an important source of information on all tax-related ...

The consumer price index (CPI) in Cyprus closed 2024 with a year-on-year increase of 1.8 per cent, while inflation saw a rise in December, according to a report from the state’s ...

The Cyprus Employers and Industrialists Federation (Oev) has issued a call for applications for its members to participate in a business conference and B2B meetings set to take place ...

Sir Stelios Haji-Ioannou, founder of the easyGroup and the Stelios Philanthropic Foundation, on Thursday announced the launch of the 15th annual Stelios Bicommunal Business Cooperation Awards. This year, the initiative ...

Casino revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former ...

Investors are expecting more gains for the US stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies ...