#business

The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...

Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps. She pointed out that ...

Consulting and advisory firm PwC Cyprus on Tuesday shared the results of the company’s annual global CEO survey, which showed that almost 60 per cent of company heads expect global ...

The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system. These measures, detailed in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the launch of the EcoSMEnergy project. The project, co-funded by the European Union under the LIFE Programme, aims to ...

Israel’s monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the ...

US President Trump said he could impose 25 per cent tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. ...

The prices of building materials in Cyprus dropped by 0.81 per cent in 2024 compared to 2023, according to a report released this week by the state’s statistical service. The service reported ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

Greece’s current account deficit shrank slightly in November compared to the same month in 2023, helped by robust tourism revenues, the Bank of Greece said on Monday. Central bank data ...

By Mike Peacock Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate ...

Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of interest rate cuts is hanging over the market, property ...

The Paphos regional tourism board (Etap) has passed on the European Cultural Tourism Network (ECTN) presidency to Romania’s Sibiu tourism association after a Dublin-held election. The changeover comes after ...

The bill for the privatisation of the Cyprus Stock Exchange (CSE) is undergoing legal review and is expected to reach the House for a vote in February, it emerged on ...

The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of ...

Oil prices fell on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset ...

Logicom Services Ltd, a wholly owned subsidiary of Logicom Public Limited, has announced a public offer to acquire all outstanding shares of Demetra Investments. However, as reported by Stockwatch, analysts ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks feed ...

Limassol has the highest rental prices in Cyprus, averaging €4,492 for houses, while Famagusta has the lowest, with apartments averaging €745, according to a report released on Monday from Landbank Analytics. The ...

The Cyprus Chamber of Commerce and Industry (Keve) recently hosted an official dinner celebrating the Chinese New Year, in cooperation with the Cyprus-China Business Association, according to an announcement released ...

By Branko Milanovic Almost never are witnesses to historical events aware they are observing or participating in a history-changing event. Often, the very protagonists of the historical events are unaware ...

JPMorgan Chase (JPM.N) has posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. The banking giant was buoyed by ...

While “U.S. exceptionalism” has undoubtedly helped drive Wall Street’s record-busting returns in recent years, it should not be confused with isolationism. The fourth-quarter U.S. earnings season that ...