#business

The Central Bank of Cyprus (CBC) on Thursday announced that it has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 per cent. The CBC explained that, in accordance ...

Lordos Hotels (Holdings) Public Ltd announced on Thursday that it has approved a dividend of €0.04 per share, equivalent to 11.76 per cent of the nominal value of the share. The decision ...

Living standards in Britain look set to barely grow over the rest of the decade and poorer households are likely to suffer a drop, in part due to a welfare ...

Petrolina (Holdings) Public Ltd on Thursday announced that it expects improved financial performance for the first half of the year compared to the same period in 2024. The company stated that ...

Interest rates on both deposits and housing loans saw a general decline across Cypriot banks in April, according to detailed figures published this week by the Central Bank of Cyprus (...

The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts ...

Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...

Tesla’s (TSLA.O) new car sales in Europe fell 27.9 per cent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 per cent, with ...

Britain’s labour market is showing further slowdown signs, according to surveys published on Wednesday which pointed to below-inflation pay growth and a fall in job vacancies, especially for graduate-level ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for two series of bonds issued by AstroBank Public Company Limited, following the bank’s decision to proceed with ...

The Cabinet on Wednesday approved a new €2.5 million scheme to promote the adoption of electric vehicles in Cyprus, according to Transport Minister Alexis Vafeades. He said the plan aims to ...

As the maritime world marked the Day of the Seafarer on June 25, Columbia Group chose to shine a light on one of the industry’s most pressing issues, harassment at ...

Demetra Holdings Plc reported a profit of €132.5 million for 2024 during its annual general meeting on June 24, with acting chairman Nearchos Ioannou addressing shareholders. Opening the meeting, Ioannou thanked shareholders for ...

Cypriot beverage company KEO plc on Wednesday announced that its board of directors has approved the payment of an interim dividend amounting to €1,687,276.92. This figure, which was decided during a ...

Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...

Cypriot businesses are struggling to fill vacancies across sectors due to a growing labour shortage, according to Philokypros Rousounides, secretary general of the Cyprus Chamber of Commerce and Industry (Keve). ...

Cyprus’ upcoming assumption of the EU council presidency was brought into focus by Deputy Tourism Minister Kostas Koumis during a ministerial meeting held under the Polish presidency in Warsaw. During ...

Cyprus marked the Day of the Seafarer on June 25 with a message of gratitude and solidarity to maritime workers around the world, underlining their critical role in global trade and ...

Britain’s recent increase in inflation could prove to be a longer-lasting plateau rather than a short-term hump, and the Bank of England should be careful about reducing interest rates, ...

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Office of the Commissioner for State Aid Control, has announced the organisation of a presentation focused on state ...

Tesla (TSLA.O) was sued this week by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full Self-Driving features crashed on New ...

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. ...

Aegean has clinched the title of Best Regional Airline in Europe at the World Airline Awards 2025, extending its remarkable winning streak to 14 consecutive years, according to an announcement released on ...