#business

Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from “A-plus” on Monday, citing worsening geopolitical risks as the war in Gaza drags on, and kept the rating ...

Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as ...

The number of bounced cheques in Cyprus saw a significant month-on-month increase in July 2024, according to the preliminary list from the Central Information Registry (CIR), maintained by the Central Bank ...

Euromoney, a leading international magazine specialising in banking, finance, and financial markets, has awarded the Bank of Cyprus the title of the best bank in Cyprus for 2024. This marks the ...

The total number of individuals employed by the government in Cyprus averaged 54,481 during the period from January to July 2024, according to a report released this week by the Cyprus Statistical ...

The total weight of goods transported by road within Cyprus saw a 3.7 per cent increase during the period from January to March 2024, compared to the same period in 2023. According to ...

Freedom Holding Corp., the founder of Freedom24, this week released its results for the first quarter of fiscal year 2025 ended June 30, 2024. According to the result, the holding company generated revenue ...

Microbes and fungi have long been nature’s helpers in producing fine food, drinks and medicine, but new digital technologies could unlock far greater potential for the European biotech sector. ...

Decisions will be taken and the interconnector linking Cyprus’ power supply to Greece and Israel will be clarified within August, Energy Minister George Papanastasiou said on Monday. The minister’s ...

British employers expect to raise pay by 3 per cent over the coming year, the lowest planned increase in two years and down from 4 per cent three months ago, a survey ...

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...

Baker Tilly Klitou and Partners Limited has been appointed as the External Auditors of the Central Bank of Cyprus for the financial years 2023 to 2027, according to an announcement released on ...

Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets. A brutal selloff and recovery in global markets in the past ...

Oil prices rose for a fifth consecutive session on Monday, extending gains from the previous week’s more than 3 per cent rise, as US recession fears eased while geopolitical tensions ...

Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States and EU banned the export of their banknotes there in March 2022 following the invasion ...

Larnaca was one of the most popular destinations for travellers flying from London’s Heathrow airport in July, according to an announcement released on Monday. “Venice and Larnaca proved popular ...

Paphos’ Regional Tourism Board (Etap) said that it is currently developing a digital strategy for the entire Paphos district, along with action plans for the years 2025-2027. “Through this study, ...

Cyprus’ construction materials price index recorded a decrease of 1.45 per cent for the period from January to July 2024, when compared to the same period in 2023. According to a report released ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

By Ioannis Tirkides When the Bank of Japan raised its key interest rate from a range of zero to 0.1 per cent to 0.25 per cent, arguably to stem the yen’s ...

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ...

When Mike Hopkins was approached about leading Amazon Prime Video, his view of the streaming service matched one held widely in Hollywood — it was nothing more than a perk for ...

Collaboration between Europe and Africa on support for small business start-ups is heralding in a new era for EU-Africa cooperation on innovation. By Andrew Dunne From her offices in Cape ...

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...