#business

Limassol-based Lemissoler Navigation has named MV Lem Azalea and MV Lem Plumeria, the first two vessels in its four-ship dual-fuel methanol newbuilding programme. The naming ceremony took place end of ...

Euro area firms rapidly expanded their use of artificial intelligence in 2025, with around 70 per cent reporting some level of adoption, according to a new European Central Bank (ECB) study based ...

Cyprus’ economic sentiment continued to improve in July 2026, supported by stronger confidence among businesses in the services and retail trade sectors, according to the latest business and consumer surveys published ...

The European Union’s electric vehicle market rebounded strongly in 2025, while Cyprus continued its gradual shift towards electrified transport with hybrid cars accounting for more than half of new passenger ...

Global large-area OLED display shipments are projected to surge by 18.8 per cent year-on-year to 38.8 million units in 2026, according to new data released by Omdia. The firm’s latest market tracker ...

Organising a holiday is one of the few ways I can turn five days of rest into a part-time administrative position.  I open seventeen browser tabs, compare the same flight ...

Euro area net saving stood broadly unchanged at €902 billion during the four quarters to the first quarter of 2026, according to the European Central Bank’s (ECB) latest quarterly report. This ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that the Confederation of Indian Industry, in association with the Indian Space Research Organisation, IN-SPACe, and NewSpace India Limited, is ...

The European Central Bank (ECB) this week unveiled the accessibility features planned for the digital euro app, saying the platform will exceed European Union accessibility standards ahead of pilot testing ...

Here are the top business stories in Cyprus from the week starting July 27: Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), ...

My television has one job. It plays Netflix while I scroll through my phone and fail to pay proper attention to either screen. Until recently, I thought this was the ...

Cyprus may be worrying about the wrong labour crisis. The familiar fear is that artificial intelligence will leave people without jobs. The more immediate danger is that the island will ...

Family-owned food companies are stocking up on US snack companies, which are warming to the idea of private backers – many of them overseas – that can ​help them weather the storm ...

The British public’s expectations for future inflation continued to fall in July, ​according to a survey from US bank Citi ‌and pollsters YouGov. Expectations for inflation ​in five or ...

The Central Bank of Cyprus (CBC) has set the reference interest rate at 11.32 per cent under Article 314A of the Criminal Code Law (Cap. 154). The central bank said the reference ...

I never bought an Oura Ring. I did not need to. My Samsung was already in my handbag, quietly keeping score.  I cannot remember the exact moment I began checking ...

The Central Bank of Cyprus (CBC) on Friday published a new Economic Brief examining how the European Central Bank’s (ECB) recent monetary policy cycle reshaped the composition of bank ...

By Ioannis Sidiropoulos Artificial intelligence is rapidly becoming a macroeconomic variable rather than merely a technological innovation. While early discussions centred on firm-level productivity and automation, the next five years ...

Freight transport on European Union inland waterways reached 118.0 billion tonne-kilometres in 2025, marking a three per cent decrease equivalent to minus 3.7 billion tonne-kilometres compared with 2024, according to Eurostat. Between 2015 and 2017, freight ...

Total road freight transport across the European Union reached 1,886 billion tonne-kilometres in 2025, marking an increase of 0.9 per cent compared with the previous year, according to a report from Eurostat. In ...

PayPal doubled down on its turnaround ​plan earlier this week, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it ‌is worth more than ...

By Konstantina Logotheti There are moments that stay with us forever. Moments when a single sound, a single word, or a single smile is enough to make time stand still. ...

Eurobank on Friday reported €738 million in net profit for the first half of 2026, with its Cyprus operations contributing €231 million as the group raised its full-year outlook following stronger-than-expected performance. Adjusted ...

The Central Bank of Cyprus (CBC) on Friday highlighted the results of the European Central Bank’s (ECB) thematic reverse stress test on geopolitical risks, which assessed how 110 euro area ...