#business

Petroleum product sales in Cyprus surged by 9.9 per cent in May 2025, compared to the same month last year, according to a report released on Friday by the state statistical service. ...

Eurobank on Friday announced its intention to explore a parallel listing of its shares on the main market of the Cyprus Stock Exchange (CSE), following the successful completion of its ...

The Cyprus Stock Exchange (CSE) on Friday announced revised reception desk hours for the months of July and August 2025. According to the official statement released by the exchange, the updated ...

K. Kythreotis Holdings Public Ltd, a company specialising in ready-mixed concrete, building materials, and road construction, on Friday announced both an improved profit outlook for the first half of 2025 and ...

Logicom Public Ltd on Friday reported a significant rise in profitability for the first quarter of 2025, even as revenue declined compared with the same period last year, according to its ...

The Consumer Protection Service this week issued a detailed advisory to inform consumers about the rules governing online purchases. This comes amid a marked increase in orders from countries outside ...

State-owned asset management company Kedipes paid €60 million to the state on June 26, as part of the ongoing repayment of state aid previously provided to the now-defunct Cooperative Cyprus Bank. According ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled and published by the Economics Research Centre of the University of Cyprus (CypERC), recorded a year-on-year increase of 2.3 per cent in June 2025. ...

The US economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration’s aggressive tariffs on ...

Economic sentiment in Cyprus declined in June 2025, with the Economic Sentiment Indicator (ESI) falling by 0.8 points compared to May, according to the Economics Research Centre (CypERC) of the University of ...

Shell (SHEL.L) has not bid for BP (BP.L) and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound ...

Almost one third of small and medium-sized British employers have made staff redundant or are thinking about job cuts as a direct result of the increase in their social security ...

Economic sentiment in Cyprus declined in June 2025, with the Economic Sentiment Indicator (ESI) falling by 0.8 points compared to May, according to the Economics Research Centre (CypERC) of the University of ...

The Cyprus Shipping Chamber (CSC) on Thursday welcomed the entry into force of the Hong Kong International Convention for the safe and environmentally sound recycling of ships, which takes effect ...

S&P Global Ratings has revised its outlook for Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from stable to positive. At the same time, the credit ...

PwC Cyprus announced on Thursday that, for the third consecutive year, the PwC Foundation awarded 14 scholarships to high-performing university students. In its announcement, the company said that it was “taking ...

The association of former shareholders of the Bank of Cyprus (BoC) has written to the House of Representatives urging that they be included in the 2025 budget of the national solidarity ...

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 ...