#business

The euro zone eked out growth in the final three months of 2022, managing to avoid a recession even as sky-high energy costs, waning confidence and rising interest rates took a ...

Cyprus-based Gear Education, an education technology solutions company, announced on Wednesday that it has entered into an official partnership with software company Alma as a reseller to schools and organisations ...

The Cyprus University of Technology (Tepak) and the Open University of Cyprus on Tuesday announced that they have signed a cooperation agreement for the design and launch of a new ...

Airbus (AIR.PA) and Boeing (BA.N) have set the stage for the next chapter in their titanic rivalry by remodelling two of the world’s largest buildings – gutted by ...

The Cyprus Securities and Exchange Commission (CySEC) announced that there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) during the third quarter of 2022, ...

Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8 million in loan repayments that FTX made before collapsing into bankruptcy in November 2022. FTX and ...

The outgoing government is handing over a healthy and robust economy, with prospects for further growth and development in the current years, Finance Minister Constantinos Petrides said during a presentation ...

Alpha Bank Cyprus on Tuesday announced that its board of directors has decided to appoint Miltos Michaelas as the bank’s new chief executive officer (CEO). The bank explained that ...

Oil prices fell on Tuesday as the prospect of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China. March Brent crude futures fell by $1.01, ...

Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow ...

Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as it lags its peers on ...

Advisory and consulting firm PwC Cyprus on Monday released a report detailing the prevailing trends in terms of mergers and acquisitions across the world throughout the coming year. According to ...

Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to ...

The Council for Registration of Real Estate Agents on Monday that Marinos Kineyirou was re-elected as council president. “I am particularly happy because Cyprus’ real estate community, almost in its ...

Toyota Motor Corp (7203.T) sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world’s top-selling automaker for a third straight year. Global sales for the ...

Counterfeit euro banknotes withdrawn from circulation in Cyprus reached 451 in 2022, marking an increase of 113.7 per cent compared to the previous year, according to an announcement made by the Central Bank ...

Top central bankers, who credit the use of a 2 per cent inflation target with anchoring decades of stable prices, are facing the first full-on test of how well that approach ...

Nissan Motor Co (7201.T) and Renault SA (RENA.PA) agreed on Monday to a sweeping remake of their two-decade-old automaking alliance that will put them on equal footing and see ...

The tech industry in Cyprus is booming, with many passionate individuals working hard to make it thrive. In this context, the new season of workshops from TechIsland is due to ...

The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is less certain. ECB President Christine Lagarde, ...

At the Milton Brewery in eastern England, Richard Naisby’s warehouse is jammed full of pallets stacked high with sacks of malt, a key ingredient for his traditional cask beers. ...

Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder ...

People often seek advice on office spaces and how much of a role the office space plays in terms of attracting business. There are some basic requirements that are important ...

Lucid Group’s (LCID.O) shares surged 43 per cent on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out ...