#business

The United States, France and major economies are unlikely to halt the rises in their debt levels in the next few years, credit rating firm S&P Global warned ...

Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister Rishi ...

Cyprus Airways on Wednesday announced the launch of new direct flights from Larnaca to Barcelona, commencing on July 3. According to an official announcement by the airline, this new route will ...

The number of registered unemployed people in Cyprus dropped to 10,112 at the end of June 2024, primarily due to growth in key economic sectors, according to a report from the Cyprus ...

The Cyprus Consumers Association this week issued advice to consumers regarding their shopping during the sales period, saying that there is a need for careful planning and awareness to maximise ...

With the global shift towards sustainable tourism, leading investors are increasingly focusing on stocks that combine environmental responsibility with profitability, according to a report released on Wednesday by online broker ...

The Transport Ministry on Wednesday said that passenger numbers at Larnaca and Paphos airports rose to 1,300,041 visitors during June, reflecting a 5.04 per cent increase compared to the previous year. “Passenger ...

Credit rating agency Fitch Ratings this week upgraded Hellenic Bank’s long-term Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BB+’, with a stable outlook, and its Viability Rating (VR) to ‘...

At the forefront of elevating Cyprus, real estate is Blackbook Agency, led by Managing Director Eleftheria Voskaridou. The real estate market in Cyprus is an ever-evolving landscape, shaped by a ...

Eurobank has revealed its intention to gain full control of Hellenic Bank’s share capital and voting rights, while also sharing details about the company’s future operations, according to ...

Qatar Airways posted a 39 per cent jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on Tuesday. Revenue grew by 6 per cent to 81 billion riyals in the ...

British house prices showed a small gain in June from May but the impact of higher borrowing costs is still weighing on the property market, according to mortgage lender Nationwide. ...

Economic council makes number of recommendations to update long-term economic strategy, seeks EU funding The long-term strategy for the sustainable development of the Cypriot economy, known as Vision 2035, is set ...

Oil prices extended gains to two-month highs on Tuesday on expectations of rising demand during the summer driving season and possible supply disruptions from Hurricane Beryl. Brent crude futures rose 70 ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced its intention to explore the establishment of the Cyprus – Baltic States Business Association, aimed at enhancing economic and trade ...

The Association of Large Investment Projects on Tuesday highlighted the untapped potential of golf tourism in Cyprus, referencing the efforts being made to remove barriers blocking the development of new ...

Eurobank has revealed its intention to gain full control of Hellenic Bank’s share capital and voting rights, while also sharing details about the company’s future operations, according to ...

Eurobank on Monday announced that it now holds shares representing 55.48 per cent of the total issued share capital and voting rights of Hellenic Bank. Specifically, Eurobank S.A., a subsidiary ...

With presence in 75 countries, Leptos Estates promotes internationally the modern image of our ever evolving island In the 64 years of it’s entrepreneurship path the Leptos Group has been established ...

The Cyprus Investment Funds Association (CIFA) has called for the swift passage of the bill governing the establishment and operation of management companies for collective investment organisations. This piece of ...

Retail trade in Cyprus saw an uptick in May 2024, with the turnover value index increasing by 4.5 per cent compared to the same month in the previous year, according to a ...

Tourism revenue in Cyprus saw a modest rise of 5.5 per cent in the first quarter of 2024, compared to the same period in 2023, while April remained essentially the same, according to ...

British consumers increased their borrowing in May by the most in four months after a dip in April, Bank of England data showed on Monday, adding to signs of recovering ...

The euro climbed on Monday after a convincing and historic win by the French far right in the first round of parliamentary elections fell slightly short of some expectations, leaving ...