#business

Volkswagen could begin building its China-specific models in Europe for sale to local markets, or share plants ‌on the continent with Chinese partners, CEO Oliver Blume said earlier this week, ...

The timing was almost theatrical. All day Tuesday, Emirati officials and government-aligned accounts had seeded social media with hints that something transformative was coming. Then Mohammed bin Salman took his ...

Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government ​advances a review ...

The euro has struggled against the dollar since the start of the Iran war, but it’s recently showing signs of securing ​a firmer footing. Technical analysis suggests buyers are ...

Unilever (ULVR.L) said this week it would raise prices to soften the hit from higher-than-expected ​costs driven by the Iran war, even as it reported first-quarter underlying sales growth ...

Short sellers’ bets against US life insurance stocks more than doubled in the past year to over $5 billion, a Reuters analysis of ORTEX data shows, a move that ​analysts say ...

British retailers reported the broadest year-on-year decline in sales in more than ​40 years as the Iran war raised households’ inflation fears, a ‌survey from the Confederation of British Industry showed ...

South Korea and Google have agreed to build an artificial-intelligence campus in Seoul to develop cooperation between the tech firm and ​local engineers and startups, Kim Yong-beom, a presidential policy ...

The Paphos regional tourism board (Etap), in collaboration with Constantinou Bros Hotels, is hosting 36 members of the British Guild of Travel Writers in the city as part of a destination ...

Samsung Electronics reported record ​quarterly profit earlier this week, driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients ...

Eurostat has reported that seasonally adjusted GDP increased by only 0.1 per cent in both the euro area and the wider EU during the first quarter of 2026. This preliminary flash estimate ...

Visa shares jumped 5 per cent in premarket trading earlier this week as the payments-processing company beat estimates for second-quarter profit and lifted expectations for full-year earnings, buoyed by resilient consumer ...

The Bank of Cyprus (BoC) has released a statement related to its total issued share capital and voting rights, providing shareholders with updated figures for regulatory reporting purposes. The company ...

The Cyprus Employers and Industrialists Federation (Oev) and the Hellenic Federation of Enterprises (Sev) have signed a memorandum of cooperation, formalising their joint commitment to strengthening entrepreneurship, competitiveness and extroversion ...

Volvo Cars reported this week a smaller-than-expected fall in first-quarter operating profit, but said the ​impact of a pull-back of subsidies and other developments in the ‌United States had been ...

Student housing startup MyStudentFlat has announced a series of new milestones, including a strategic partnership with UNIPLACES, first place at the 6th NBG SEEDS StartUp Bootcamp, and participation in the 2026 ...

Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of reported growth for its cloud unit yet. Shares of ...

The Cyprus Stock Exchange (CSE) council on Thursday announced the continued of the suspension of trading in shares of a number of New Market companies. According to the CSE, the ...

The Cyprus Gaming and Casino Supervision Authority has clarified that casinos operating on cruise ships and passenger vessels fall outside its regulatory framework, regardless of the vessel’s flag. The ...

Demetra Holdings PLC on Thursday announced that it executed a purchase of 6,565 own shares on April 29, acting in accordance with regulatory frameworks and a mandate from its last annual general ...

Cyprus recorded a decline in unemployment in March 2026, with the rate falling to 4.3 per cent, according to a report from Eurostat. This represents an improvement compared with March 2025, when unemployment ...

Cyprus recorded a significant increase in inflation in April 2026, with the annual rate estimated at 3 per cent, according to a flash estimate released by Eurostat. This marks a notable rise ...

Cyprus ranked among the lowest-performing EU countries in business investment in 2024, with a rate of 16 per cent, according to a report from Eurostat. The figure places Cyprus alongside Ireland at ...

Alpha Bank Cyprus on Thursday announced that it hosted an event titled “Reframing Strategy in the Age of AI”, bringing together senior executives from businesses and organisations across the Cypriot ...