#business

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing an increase in the average gross monthly earnings of employees during the fourth quarter of 2023, when compared to the ...

The accommodation and food service sector was the second-largest contributor to both the economy and employment in Cyprus in 2021, according to Eurostat, the EU’s statistical service. Specifically, accommodation and ...

Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consortium (BRC) said on Tuesday, adding to signs that the country’...

XM, a multi-regulated global broker in Europe and globally, prioritises impact by continuously giving back to the community In today’s world, Environmental, Social, and Governance (ESG) strategies are crucial ...

Cablenet has broken the 10 per cent market share barrier in mobile contract subscriptions, climbing to third position, according to a report published by the Office of the Commissioner for Electronic ...

Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the US, the world’s biggest oil consuming nations, and growing concerns of a widening conflict ...

By Nicolas Christodoulides, Senior ESG Analyst BOC is focusing its efforts on fighting climate change, which is the biggest challenge that humanity faces Stainability is often defined as meeting the ...

Rent control in Cyprus has turned into a cumbersome obstacle, casting a shadow over the local property market and stifling both development and investment opportunities, according to the Cyprus Real ...

A multilayered matrix of goals and actions gives Hellenic Bank the lead in ESG strategy Committed as it is to promoting environmental sustainability and social resilience, Hellenic Bank has taken ...

European Union countries’ budget cuts have eaten into layers of government that need now to be reinforced given their vital role in the transition to a more green and digital ...

Runaway prices at US fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s (MCD.N) and Wendy’s (WEN.O) ...

Britain’s government has been urged to provide more support for the software industry with measures including tax incentives and talent visas. More than 120 industry leaders have called for government ...

HSBC has said that it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast ...

Top London-focused landlords are betting on environmentally compliant office spaces at prime locations that offer higher rents as tenants become more selective in their real estate investments amid hybrid work ...

Cyprus’ Deputy Ministry of Tourism has announced a scheme to sponsor experiential workshops in traditional crafts, agricultural and livestock product processing, and gastronomy, in order to boost rural tourism. As ...

Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft (MSFT.O), OpenAI ...

The Department of Agriculture, under the Ministry of Agriculture, Rural Development, and Environment, has unveiled the 7th Call for Applications from April 2, 2024, to June 14, 2024, for the subsidy scheme aimed at ...

With the message ‘a better tomorrow’, the company aims to consistently leave a positive imprint on the country For Lidl Cyprus, Corporate Social Responsibility has been an integral part of ...

The Cyprus University of Technology (Tepak) and the Famagusta Chamber of Commerce (Evea) jointly organised a lecture on artificial intelligence (AI). According to a statement about the event, which took ...

Limassol Municipality and Frederick University’s Department of Maritime and Commerce are collaboratively organising the Blue Limassol Forum 2024, which is scheduled to occur on Monday, April 15, from 17:00 to 19:30 at Frederick ...

Capital Intelligence Ratings (CI Ratings) has revised its long-term foreign currency rating (LT FCR) outlook for the Republic of Cyprus from stable to positive, while affirming the country’s LT ...

The shift to sustainable energy sources has marked the energy transition from traditional fossil fuels to renewable and clean energy sources. Andreas Poullikkas, Chairman of the Cyprus Energy Regulatory Authority (...

Our commitment is our adherence to the UN’s Principles of Responsible Banking, a unique framework for sustainable banking developed through a collaboration between banks worldwide and the United Nations ...

Producer prices in Cyprus’ industrial sector experienced a new decline in February, with the decrease mainly driven by the electricity production sector, according to a report by the Cyprus Statistical ...