#business

Thanos Michaelides has been elected as the new president of the Cyprus hoteliers association (Pasyxe), following an election that took place this week, according to an official announcement by the ...

The Cyprus Shipping Chamber (CSC) on Wednesday welcomed the ratification of the Hong Kong Convention on Safe and Environmentally Sound Ship Recycling by Bangladesh, one of the leading countries in ...

Deputy Minister of Tourism Kostas Koumis announced on Wednesday the approval of a memorandum of understanding with Saudi Arabia in the tourism sector, as well as the establishment of a ...

The bank also reiterated its complete adherence to sanctions issued by the US, EU and UK Hellenic Bank CEO Oliver Gatzke addressed shareholders, employees and other participants at the bank’...

UBS Group (UBSG.S) is looking to cut more than half of Credit Suisse’s workforce from next month as a result of the bank’s takeover, Bloomberg News reported ...

Britain attracted more foreign direct investment (FDI) projects in 2022/23 than the previous year, but they generated fewer new jobs, government figures showed on Tuesday. Data from the Department for Business ...

Limassol-based broker Freedom Finance Europe this week announced that it served as a general partner of the recently-held Cyprus-Kazakhstan Business Forum, which took place in Almaty, Kazakhstan, on June 21. The ...

European Central Bank policymakers don’t generally expect evidence that stubborn inflation is easing to be clear enough for them to pause the longest streak of interest rate hikes in ...

One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according to a report published on Wednesday by food bank charity ...

Wall Street banks and brokerages are in a last-minute scramble to meet a July 3 deadline to charge investors for research reports, bankers and others in the industry said, a requirement ...

The Cypriot flag has been included among the flags of countries listed in the white list of the Paris and Tokyo memoranda, according to Deputy Minister for Shipping Marina Hadjimanoli. ...

Total petroleum product sales in Cyprus reached 122,581 metric tons in May 2023, marking a 1.4 per cent increase compared to May 2022, according to a report released this week by the Cyprus Statistical ...

Online’s share of Britain’s grocery market slowed further in June as hot weather encouraged shoppers to visit stores for drinks and refreshments, industry data showed on Tuesday. Market ...

Turkey’s lira was mostly flat on Tuesday, after touching a new record low overnight, while bankers said the central bank’s net reserves had marked their largest rise on ...

Economic sentiment in Cyprus experienced a significant improvement in June 2023, as the Economic Uncertainty Index (EUI) dropped to its lowest level in the past three years, according to a report ...

In a speech delivered at the Hydrogen & Green Gases Forum held last week in Athens, Cyprus Energy Regulatory Authority (CERA) chairman Andreas Poullikkas emphasised that until the completion of ...

has reached a deal that will give US electric vehicle (EV) maker Lucid Group (LCID.O) a 3.7 per cent stake in return for access to its “high performance” technology, the ...

IBM (IBM.N) said on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in ...

Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the challenges global investors face to recover stranded ...

Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global rules aimed at helping regulators crack down on greenwashing. ...

BlackRock’s plans for a bitcoin fund have helped push the world’s largest cryptocurrency to its highest in a year, but rising interest rates and a regulatory crackdown could ...

A blistering rally in Tesla Inc (TSLA.O) shares has powered the EV maker’s market value toward trillion-dollar levels, prompting some analysts to question its valuation and downgrade the ...

Soaring mortgage costs in Britain are fuelling fears among homeowners, investors, charities and policymakers about the growing strain placed on borrowers, but lenders have so far sounded broadly sanguine about ...

Accenture fanned concerns about dwindling IT spending on Thursday with a quarterly revenue forecast that was below Wall Street estimates, sending its shares down more than 5 per cent. CEO Julie ...