#business

Marks & Spencer (MKS.L) said its latest turnaround strategy was starting to deliver, enabling it to restore its dividend and forecast “modest” revenue growth and a profit outcome ahead ...

The Finance Ministry on Wednesday released a statement welcoming the package of measures issued today by the European Commission, regarding the European Semester, which includes decisions related to the process ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday that it participated in a trilateral meeting on May 23, 2023, alongside the Turkish Cypriot Chamber of Commerce (KTTO), and the Special ...

What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could ...

Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain’s anti-trust watchdog said, as it provisionally found five banks in breach ...

The head of Qatar Airways voiced scepticism on Tuesday over an aviation industry target of achieving net-zero emissions by 2050, citing inadequate supplies of Sustainable Aviation Fuel and alternative hydrogen designs ...

Britain’s stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a 31-year high, according to official ...

German travel and tourism company TUI Group recently released a report outlining its performance during the first half of the year, noting a significantly improved second quarter and a strong ...

The Cyprus University of Technology (Tepak) and the Chamber of Commerce of Famagusta this week announced that they will collaborate on the launch of a ‘free university’ initiative in Famagusta. ...

The Cyprus Ministry of Agriculture, Rural Development, and Environment is implementing various initiatives to support beekeeping, aiming to improve the general conditions and trade of hive products, according to Minister ...

The Ministry of Energy, Commerce, and Industry on Tuesday announced that, in collaboration with the Cyprus Chamber of Commerce and Industry (Keve) and the state’s Trade Centre in Dubai, ...

The General Secretariat for European Affairs of the Ministry of Foreign Affairs coordinated a study visit of EU officials on Monday, with the aim of enhancing relations between the administrations ...

As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev (ABI.BR) from a backlash against Bud Light, rival Heineken (HEIN.AS) is spending $100 million to promote ...

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, will participate on Wednesday, May 24 2023, in the European Central Bank (ECB) Governing Council non-monetary policy meeting in Frankfurt. A ...

The International Monetary Fund no longer expects Britain’s economy to fall into a recession this year, it said on Monday as it upgraded forecasts published last month and warned ...

Lebanon is likely to be placed on a “grey list” of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism financing, three sources familiar with the ...

By George Sklavos The smooth transition to the digital age is one of the toughest challenges facing the banking sector in Cyprus. We are living in a time when everything ...

Property sales rose by 20 per cent between January and the middle of May, compared to the corresponding period of 2022, according to the head of the Department of Lands and Surveys ...

The course and prospects of the Cypriot economy, as well as issues pertaining to EU funds until 2027, took centre stage during a meeting between Finance Minister Makis Keravnos and European ...

The turmoil facing US regional banks has prompted some lenders to step back, leaving space for investors such as asset managers, private equity (PE) funds and insurers to lend more. ...

Ryanair (RYA.I) achieved close to record full-year profit in the year to March 31 and is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 ...

Meta (META.O) was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five ...

By Gavin Maguire The US is hoping to play key leadership roles in an array of areas tied to the global energy transition, from developing corporate champions that drive emissions ...

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc (MDLZ.O) of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. US District ...