#business

Associated British Foods (ABF.L), opens new tab said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, hurt by unseasonal warm weather at the start ...

It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with only a slim majority of economists ...

The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that ...

Cyprus-based proptech startup Movingdoors, which provides tech-enabled serviced apartments, this week announced the successful closure of its recent seed funding round, raising a total amount of €1.163 million with Uni.fund, ...

PwC Cyprus hosted a breakfast event titled ‘Setting Sail for Success in the Shipping Sector’ on January 23, bringing together leaders from the Cyprus shipping industry to address critical challenges and ...

Cyprus Deputy Minister of Shipping Marina Hadjimanolis held discussions with top executives of Royal Caribbean in Miami during the previous week, presenting the competitive advantages and services offered by ship ...

Cyprus’ Composite Leading Economic Index (CLEI), a key economic indicator compiled by the University of Cyprus’ Economic Research Centre (CypERC), remained positive in the fourth quarter of 2023, albeit while experiencing ...

US tech giant Apple (AAPL.O), opens new tab has paid a Russian fine of 1.2 billion roubles ($13.65 million), imposed over the company’s alleged abuse of its dominant market position ...

British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain’s port ...

Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast. Investors have embraced 11 US ...

Cyprus Finance Minister Makis Keravnos met with the newly elected president of the Cyprus Chamber of Commerce and Industry (Keve), Stavros Stavrou, to address economic challenges amid geopolitical uncertainty. Discussions ...

Cyprus has emerged as the top-ranking European Union member state in providing cross-border investment services, according to George Theocharides, chairman of the Cyprus Securities and Exchange Commission (CySEC). The announcement ...

Irish low-cost airline Ryanair (RYA.I), opens new tab wants to open five new bases in Spain and grow by 40 per cent in the country by 2030, Eddie Wilson, the chief ...

Polish video game maker CD Projekt (CDR.WA), opens new tab aims to start the production phase of the next game in its blockbuster “Witcher” series this year, the company’...

Finance Minister Makis Keravnos on Monday met with the newly elected president of the Cyprus Chamber of Commerce and Industry (Keve) Stavros Stavrou, to discuss the challenges facing the Cypriot ...

Women in Germany earned 18 per cent less on average than men last year, due largely to a levelling-off in earnings after having children and taking part-time work, the Federal Statistics ...

National flag carrier Cyprus Airways has announced that it is set to double its fleet of Airbus A220 aircraft in 2024, with the introduction of two new planes. This was highlighted ...

The world’s 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple what they returned in 2022, with activist TCI Fund Management leading the pack, according to data published by ...

Cyprus-based digital studio TheSoul Publishing, which has received wide-spread recognition for its globally engaging and original content, on Monday announced that Aleksandra Sulimko, previously the Chief Human Resources Officer (CHRO), ...

Oil prices lost more ground on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an attack on a Russian ...

Germany’s chemicals sector, Europe’s largest, is starting to feel the pinch from delayed shipments via the Red Sea, becoming the latest industry to warn of supply disruptions that ...

Spain received a record number of foreign tourists in 2023, 17 per cent more than the year before and up 1 per cent from the 84 million who came in the pre-pandemic year of 2019, ...

Tech shares helped power the S&P 500 to its first record high close in two years on Friday to confirm a bull market, while European stocks registered weekly declines ...

Cyprus Stock Exchange (CSE) wrapped up 2023 on a high note, with listed securities exceeding €4 billion, according to the CSE’s figures published for December. The General Index reached 136,01 points, representing ...