#business

Cyprus Airways will target the Greek market in 2024 and the airline’s top brass were in Athens on Thursday to present plans to travel agents and journalists. The meeting inaugurated ...

The rate of inflation continued on a downward path in December, according to the Consumer Protection Service which monitors the prices of consumer products. Inflation in December was down to 1.6 ...

European stocks rose on Thursday as markets steadied after falling the previous day when traders lowered their expectations for major central banks to start cutting interest rates soon. A combination ...

President of the Hoteliers Association (Pasyxe) Thanos Michaelides, expressed satisfaction with the current bookings for the new tourist season, noting interest from both small and large markets. Given the challenges ...

U.S. edutech platform Coursera (COUR.N), opens new tab added a new user every minute on average for its artificial intelligence courses in 2023, CEO Jeff Maggioncalda said on Thursday, ...

A new batch of U.S. bitcoin exchange-traded funds (ETFs) has attracted strong investor interest, though it is unclear if they will be able to maintain the pace of inflows ...

Barclays CEO C.S. Venkatakrishnan is looking to use the lender’s first investor day in a decade to show shareholders it can replicate the success of its investment bank ...

According to the annual data published by Eurostat, the EU exported 32.1 million tons of waste to third countries in 2022, marking a 3 per cent decrease from 2021. Concurrently, waste imports to the ...

Alphabet’s (GOOGL.O), opens new tab Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outlined ...

The Cyprus Aviation Association that will be operating under the Cyprus Chamber of Commerce (Keve) was officially launched on January 15. The Association aims to enhance collaboration among members, promote unity, ...

According to the Cyprus Statistical Service (Cystat), the prices of construction materials show a small increase. The Construction Materials Price Index for 2023 recorded an increase of 2.91 per cent per compared ...

Cyprus is among the top European Union countries in car ownership, with 658 passenger cars per 1,000 inhabitants – an increase of 19.85 per cent over the past decade – according to the latest Eurostat ...

Apple (AAPL.O), opens new tab ended Samsung Electronics’ (005930.KS), opens new tab 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, ...

World stocks and bonds took a hit on Wednesday as central banks pushed back against interest rate cut bets, while signs of a patchy economic recovery in China drove shares ...

Renault (RENA.PA), opens new tab on Wednesday reported a 9 per cent increase in annual global sales volumes for 2023, returning to growth after four consecutive years of decline and the ...

Cyprus Statistical Service (Cystat) reported a 20.1 per cent increase in total tourist arrivals for the year 2023 compared to the previous year, which marked the third-best year on record after 2018 and 2019. ...

Schibsted (SCHA.OL), Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with ...

Cyprus showed a decline in loan applications by both businesses and households, in the third quarter of 2023. This was influenced by strict Eurozone policies and rising interest rates, according to ...

Oil prices rose by around 1 per cent on Tuesday, as investors weighed the impact of tensions in the Middle East. Brent crude futures gained 81 cents, or about 1.04 per cent, to $78.96 ...

Businesses highly prioritise candidates with advanced soft skills, said Irina Karpova, the head of recruitment at a leading Fintech company in Limassol. Karpova said that securing individuals who align with ...

BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese ...

Thomson Reuters (TRI.TO) said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market. The London-based company of ...

Eurostat’s latest data reveals significant developments in European tourism for the year 2023. Among the notable findings is Cyprus’s anticipated 20 per cent growth in tourism, securing the second-highest increase ...

Toy makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro (HAS....