#business

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...

Use of internet-connected devices has become widespread across the European Union, according to a report by Eurostat. Specifically, 70.9 per cent of people in the European Union used internet-connected devices in 2024, ...

Hedge funds remain hesitant about buying US stocks at the outset of what is often a dour month for markets, even with a potential US rate cut on the horizon, ...

Tesla’s (TSLA.O) auto sales soared in Turkey in August, reaching the No. 2 spot ahead of traditional European and Japanese rivals, as the US brand benefited from buyers’ seeking ...

Eurozone manufacturing activity expanded in August for the first time since mid-2022 due to a surge in domestic demand and output, raising optimism around future production, a survey showed. The ...

The Cyprus Chamber of Commerce and Industry (Keve), as coordinator of the Enterprise Europe Network Cyprus, announced that the Research and Innovation Foundation (RIF) is offering significant funding opportunities for ...

The summer of 2025 left the dry bulk freight market moving at two speeds, with large Capesize vessels again weighed down by volatility while Panamax, Supramax and Handysize ships closed August ...

Revolut has launched a secondary sale of its shares valuing the financial technology giant at $75 billion, a source familiar with the company said this week, as the London-based group doubles ...

Inflation in Cyprus is estimated to have fallen slightly in August 2025, with the annual rate expected at -0.1 per cent, Eurostat reported on Tuesday. At the same time, the monthly ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Employers and Industrialists Federation (Oev) have found common ground with Tax Commissioner Soteris Markides on aspects of the proposed tax ...

Cyprus’ overdue tax debts rose to €4.05 billion in the first quarter of 2025, nearly €1 billion higher than the same period of 2024, according to the quarterly progress report submitted by the Tax ...

Ermes Department Stores Plc has completed the transfer of its ERA department store operations to Nicosia-based Gencom Ltd for a nominal sum of €1, the company confirmed following its May 9 announcement.  ...

The Bank of Cyprus Holdings Plc has announced the appointment of a new member to its board of directors. The announcement was published on September 1, 2025, through the Cyprus Stock Exchange. ...

Demetra Holdings Plc has initiated and executed share buybacks following shareholder approval at its annual general meeting in June, with transactions carried out through the Cyprus Investment and Securities Corporation (...

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...

Cyprus’ economy recorded solid growth in the second quarter of 2025, according to a report released this week by the state statistical service. In real terms and adjusted for seasonality, Cyprus’ ...

Retail trade in Cyprus recorded solid growth in July 2025, with the Retail Trade Turnover Value Index rising by 5.2 per cent compared with July 2024. The Retail Trade Turnover Volume Index showed ...

MPs on Monday wrapped up discussion of a bill to privatise the Cyprus Stock Exchange, aiming to pass the legislation by the end of the month. Established in 1993, the CSE ...

Global air passenger demand grew by 4 per cent in July 2025 compared with the same month last year, according to figures released by the International Air Transport Association (IATA). At the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that the 5th Cyprus Networking Forum, CNF2025, is set to take place in Nicosia on September 4, 2025. The event is ...

British house prices unexpectedly fell in August as buyers struggled to afford high valuations, mortgage lender Nationwide Building Society said on Monday. Property prices slipped by 0.1 per cent last month ...

BlackRock has become the second-largest shareholder of Freedom Holding Corp. after boosting its stake in the company to 0.85 per cent, with an investment valued at about $89 million. Freedom Holding Corp., ...

Oil prices rose 1 per cent on Monday on worries over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 62 cents, or 0.9 per ...

The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...