#business

The European Union recorded a record trade surplus in medicinal and pharmaceutical products in 2025, according to a report from Eurostat. Specifically, the figures showed that the EU exported goods worth €366.2 ...

The European Union recorded a €359.8 billion trade deficit with China in 2025, as imports continued to outpace exports, according to Eurostat. The data showed that EU exports to China totalled €199.6 billion, ...

Hotel occupancy in Cyprus ranged between 25 and 45 per cent over the Easter period, according to director general of the Cyprus hoteliers association Christos Angelides, who said cancellations and weak booking ...

The global smartphone market grew by 1 per cent year-on-year in the first quarter of 2026, performing above expectations, despite mounting cost pressures, according to industry analysts Omdia. The report found that ...

EU international trade in services reached €5.93 trillion in 2023, according to Eurostat, highlighting the scale of global economic integration and the central role of the United States as a key partner. ...

As Elon Musk’s SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to ...

British house prices slid unexpectedly last month ​as economic uncertainty stemming from the ‌Iran war hurt buyer demand, mortgage lender Halifax has reported. House prices fell by 0.5 per cent month-on-month ​...

Like many whiskey distillers, Heaven Hill Brands is rolling back bourbon production this year, as demand lags. Yet, as the American spirit faced a tumultuous market in 2025, the Kentucky company ...

Here are the top business stories in Cyprus from the week starting April 6: The Bank of Cyprus (BoC) on Monday announced a targeted initiative to support the hotel industry while ...

Emerging market ‌nations now get the bulk of their foreign financing from the likes of hedge funds, pension funds and insurers, leaving them vulnerable to rapid outflows during crises, the ...

Business activity growth in Germany’s service sector abruptly lost momentum in March as demand weakened amid fallout ​from the war in the Middle East, a survey ‌showed this week. ...

The household saving rate in the euro area declined to 14.4 per cent in the fourth quarter of 2025, reflecting changing consumption patterns, according to Eurostat. The statistical office reported that the ...

Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter. Figures released this week showed that ...

Anthropic recently announced an initiative with major technology companies, including Amazon.com (AMZN.O), Microsoft (MSFT.O) and Apple (AAPL.O), that lets partners preview an advanced ​model with cybersecurity ...

Russia sees Chinese tech giant Tencent’s (0700.HK) WeChat messaging app and TikTok sister app Douyin as models for developing its own struggling ​Max messaging app, Vladimir Kiriyenko, CEO of ...

The Finance Ministry’s public debt management office has announced that treasury bills under issue TB13A26 will mature on April 24, 2026. The ministry confirmed that the last day of trading ...

Five game development studios, including Cyprus-based companies in Limassol and Nicosia, have announced the creation of Nova Assembly, a developer-led holding aimed at reshaping the global gaming industry. The initiative ...

Freedom24 Executive Director Evgenii Tiapkin on Thursday, April 9, presented the company’s European strategy and platform development on the main stage at the Freedom Inside event in Astana. The session ...

Cyprus can navigate its current economic hardships through the same collective effort that has defined its past recoveries, the head of the country’s largest business group said in an ...

Cypriot demand for Easter travel is holding at moderate but satisfactory levels this year, with bookings slowing in recent weeks as regional developments weigh on sentiment, according to the Association ...

Cyprus property sales accelerated in March, with transactions jumping 18 per cent year-on-year to 1,761, up from 1,491 in the same month of 2025. According to the Department of Lands and Surveys, this growth ...

Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter. Figures released this week showed that ...

Industrial producer prices in Cyprus increased in February 2026, even as prices declined across the European Union and the euro area, according to Eurostat. Specifically, the figures showed that industrial producer ...

Employment in the EU environmental economy rose to 5.8 million full-time equivalents in 2023, marking sustained expansion across green sectors, according to Eurostat. The statistical office reported this week that employment increased ...