#business

Global smartphone shipments fell by 4 per cent year-on-year in the second quarter of 2026 as an ongoing memory crisis disrupted supply chains and pushed up component costs, according to the latest ...

Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begun on Monday, three years after the legislation was first proposed. The negotiations ...

Here are the top business stories in Cyprus from the week starting July 13: Cyprus remained below the EU average for young people with at least basic digital skills in 2025, while ...

Major banks are ramping up how they incorporate digital assistants in their daily operations, determining how such agents interact with human colleagues and clients as ​they race to get ahead. ...

BMW is betting on its long-awaited Neue Klasse electric cars to revive its fortunes in China after two years of declining sales. The problem for the German automaker is that ​...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

The European Commission and the High Representative for the Common Foreign and Security Policy published a joint report this week, detailing the implementation of the Generalised Scheme of Preferences (GSP), ...

The publication of the Energy Institute’s Statistical Review of World Energy 2026 has produced widely differing interpretations. Some commentators argue that it demonstrates the energy transition is accelerating rapidly. Others ...

Global investor sentiment has climbed to its strongest level since February, with fund managers growing more optimistic on ​the economic outlook, artificial intelligence-linked spending and the prospect ‌of a dovish ...

No bank card? No address? No problem. Shoppers in Africa increasingly are buying online from big brands such as Amazon (AMZN.O) or Walmart (WMT.O) even though they have ...

Global investments in fusion energy hit a record of $4.48 billion in the ‌year since last July, according to a survey released this week, a milestone driven by hopes the emerging ...

Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut ‌the frequency of viewing-hours reports as the company seeks new ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that it had granted an exemption from mandatory takeover offer requirements linked to a planned share buyback programme by the ...

Business leaders, policymakers and other stakeholders met on Friday at a roundtable organised by the American Chamber of Commerce in Cyprus (AmCham Cyprus) to discuss the country’s national artificial ...

Europe is already being forced to reconsider how it keeps fuel moving through an increasingly volatile world. Now, as the crisis in the Strait of Hormuz exposes the fragility of ...

Cyprus’ tourism sector has returned to a stable trajectory despite June tourist arrivals declining by 1.7 per cent, Deputy Minister of Tourism Kostas Koumis said on Friday, following the release of ...

Eurobank announced on Friday that it has been named Cyprus’ best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, significantly outpacing both the euro area and European Union averages, according to figures released on Friday by the Cyprus Statistical ...

The European Commission issued two sets of binding specification measures to Google this week, under the Digital Markets Act, in order to foster greater competition in the digital sector. These ...

Cypriot technology companies need greater financial backing to compete abroad, while businesses across the island require faster access to funding if they are to keep pace with digital change, according ...

Ten students in Cyprus are set to receive a significant boost to their maritime education as Safe Bulkers has officially launched its sixth annual scholarship programme. Chief executive Polys V. ...

An EU overhaul that would make the country of employment, rather than the country of residence, pay unemployment benefits to many cross-border workers is moving towards final approval, nearly a ...

TikTok could be fined as much as 10 per cent of its worldwide revenue after British communications regulators, Ofcom, opened a child safety investigation that goes to the heart of how ...