#business

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said. ...

Cyprus has resumed exports of pure copper cathodes (refined copper) from the Skouriotissa and Apliki mines after a five-year hiatus, the director of the mines and quarries service, Stelios Michael, ...

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

Airbus (AIR.PA) struck a deal with budget airline VietJet (VJC.HM) for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes of a return to ...

Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening ...

Federal Reserve policymakers will begin a two-day meeting on Tuesday with escalating tensions in the Middle East risking a new commodity price shock and fresh US data expected to show ...

The Crete–Cyprus electricity interconnection is moving steadily forward, but only until August, according to reports that emerged on Tuesday.   Nexans, the French cable contractor, has confirmed it will continue ...

The Cyprus Stock Exchange on Tuesday announced the acceptance of new government treasury bills for trading. Specifically, 25,000 treasury bills with a nominal value of €1,000 each have been introduced to the ...

Constantinou Bros Hotels, a hotel management company that owns and operates a group of luxury hotels in Cyprus, on Tuesday issued an interim profits forewarning for the first half of 2025. ...

Cyprus experienced a surge in exports, combined with a rise in tourist arrivals, during the first four months of 2025, according to a report released on Tuesday by the state statistical ...

Tourist arrivals in Cyprus rose by 13.7 per cent in May 2025, reaching a total of 479,160, compared to 421,400 in the same month last year, according to the state statistical service. For the ...

Eurobank, Fairfax Digital Services, Voicing.AI and Pixis on Tuesday announced the launch of Europe’s first enterprise-grade agentic AI voice platform for businesses, selecting Cyprus as the location for ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

The Japanese shipping market is seeing a shift, with more owners recognising the role of technology in driving efficiency and sustainability, according to Limassol-based shipping company Columbia Shipmanagement (CSM). Meanwhile, ...

“The United States of America is never going to default, that is never going to happen,” said US Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes ...

Cyprus and India have vowed to deepen economic ties, with president Nikos Christodoulides describing Indian Prime Minister Narendra Modi’s visit to the island as “historic,” marking a turning point ...

Asking prices for homes put up for sale in Britain have fallen by the most in 14 years for the time of year, according to data released this week that adds ...

British luxury carmaker Jaguar Land Rover lowered its fiscal 2026 earnings before interest and taxes margins forecast to 5 per cent-7 per cent on Monday from 10 per cent earlier, amid uncertainty in ...

A Dutch court on Monday confirmed a 2021 consumer watchdog ‘s ruling saying that Apple (AAPL.O) had abused its dominant position by imposing unfair conditions on providers of dating apps ...

The total value of bounced cheques issued in May 2025 rose to €62,164, according to data released on Monday by the Central Bank of Cyprus (CBC). This marks an increase both from ...

Employment in the broad public sector in Cyprus reached 77,034 in the first quarter of 2025, according to a report released on Monday by the Cyprus Statistical Service (Cystat). Of this total, 72,072 ...

Freedom Holding Corp. on Monday reported a 23 per cent year-on-year increase in revenue for the fiscal year ending March 31, 2025, reaching $2.05 billion. The financial results, announced by the Kazakhstan-headquartered firm, reflect ...

Oil prices edged down on Monday, after surging 7 per cent on Friday, as renewed military strikes by Israel and Iran over the weekend left oil production and export facilities unaffected. ...