#business

An early Easter boosted food spending in Britain last month, lifting retail sales by the most since August, but the broader picture remained subdued as wet weather dampened demand for ...

The profitability of the Cyprus banking sector remarkably spiked by an annual 644 per cent in 2023, reaching €1.27 billion. This significant increase was fueled by the high-interest environment, according to data released ...

Euro zone banks lowered the bar on mortgage approvals last quarter for the first time in over two years but demand for credit kept falling amid high borrowing costs and ...

Intership Navigation will be investing in digital ship management solutions following a management buyout which led to a strategic partnership with MariApps Marine Solutions Through this partnership, Limassol-based Internship, which ...

The enrichment of Cyprus’ economic model is of vital importance, said the finance minister, Makis Keravnos, stressing that “the bet is to maintain the investment level” which was objective of ...

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing the total imports and exports of goods in January-February 2024. In February the import was €841.1 million, representing an increase of 9.2 ...

The Cyprus Statistical Service (Cystat) has released a report ‘Registration of Motor Vehicles’ for January-March 2024, highlighting a market where electric and hybrid cars, along with motor coaches, buses, and cargo-carrying ...

Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country’s only ...

The Deputy Ministry of Shipping will participate in the ‘Sea Japan’ international shipping exhibition in Tokyo, from April 10 to 12. In an announcement, it said that ‘Sea Japan’, an international maritime ...

Britain’s John Lewis Partnership has appointed former Tesco executive Jason Tarry as its next chairman following Sharon White’s decision to step down from the retailer. Tarry, who has 33 ...

Web Summit co-founder Paddy Cosgrave on Monday returned as its chief executive officer, six months after resigning from the top job following a backlash over his comments on the Israel-Hamas ...

The European Central Bank (ECB) is expected to keep the cost of borrowing at current levels when it meets on Thursday, as the rate of inflation is on a downward ...

The services sector performed very well in 2023 said the Employers and Industiralists Federation (Oev), with significant improvements registered in several key areas. Notably, the indicators for accommodation and catering services ...

In March 2023, total beer shipments experienced a notable increase, rising by 10 per cent year-on-year. This growth was primarily driven by domestic shipments. According to the data from the Cyprus Statistical ...

Minister of Agriculture, Maria Panayiotou praised the economic value of the wine industry and revealed plans for global promotion through international events and financial support. “The determination of the government ...

The fiscal surplus of the General Government significantly exceeded half a billion in the first two months of this year, demonstrating an increase of 34 per cent annually and reaching 1.7 per ...

Upgrading social housing is a central part of EU projects to make city life healthier and happier. By Gareth Willmer In the northeastern Italian city of Trieste, a construction project ...

New materials and designs can make a leading source of renewable energy both greener and cheaper. By Tom Cassauwers At first glance, the wind-turbine tower that rises from the green ...

Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026 as gamers record fewer hours of playtime, according to research firm Newzoo. The market is ...

Amazon Web Service (AWS) (AMZN.O) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, ...

Yianna Christou explains how beverage companies are embracing ESG. This shift in consumer priorities means that brands actively engaging in ESG initiatives can build, trust, credibility and emotional connection strengthening ...

The Island Private School in Cyprus is a progressive educational school offering a holistic learning environment for students of diverse cultural backgrounds. “Looking forward, we plan to celebrate various faiths ...

Here are the top business stories in Cyprus from the week starting April 1: In a notable development in Cyprus, two brothers, George Geratziotis and Dr. Alexandros Geratziotis, have spearheaded an ...

Traders and investors are looking to global interest rate cuts and a closely-fought US election to drag the world’s currency markets from their deepest lull in almost four years. ...