#business

Firms that self-report suspected wrongdoing to Britain’s Serious Fraud Office (SFO) and co-operate with investigators will get a chance to avoid prosecution, according to guidance published by the SFO. ...

Amazon.com (AMZN.O) has paused some data center lease talks for its cloud division, particularly in overseas markets, suggesting a short-term slowdown in leasing for large-scale facilities, Wells Fargo ...

Writing an opinion piece makes you realise that actual change does not come about from well-meaning people analysing problems and coming up with good ideas. Change, rather, is usually the ...

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the ...

British companies buckled in April under the strain of an escalating global trade war that threatens to tip the economy into a new downturn, a survey has shown. The S&...

OpenAI would be interested in buying Google’s Chrome if antitrust enforcers are successful in forcing the Alphabet (GOOGL.O) unit to sell the popular web browser as part of ...

A US appeals court has revived a proposed data privacy class action against Shopify (SHOP.TO), a decision that could make it easier for American courts to assert jurisdiction over ...

Wall Street brokerages earlier this week began coverage of Nvidia-backed CoreWeave (CRWV.O) with broadly bullish views, although the stock has failed to gain traction with investors following a lackluster ...

Turkish inflation expectations edged up in April for businesses and market participants, and remained steady at 59.3 per cent in 12 months time for households, the central bank said on Friday, reflecting ...

The Central Bank of Cyprus (CBC) on Friday announced that the reference interest rate for loan transactions has been set at 11.42 per cent. This reference rate serves as a legal ...

The Republic of Cyprus significantly narrowed its fiscal deficit in the fourth quarter of 2024, according to preliminary figures published by the Cyprus Statistical Service (Cystat) on Friday. The general government ...

Logicom Public Ltd has announced that its board of directors has approved the company’s annual financial report for the year 2024. This includes the group’s and the parent company’...

The Bank of Cyprus Holdings Public Limited Company announced on Friday that it has repurchased a total of 227,383 of its own ordinary shares between April 17 and April 24, 2025, as part of ...

A global greenhouse gas pricing mechanism, approved at MEPC 83 this week, marks a turning point for international shipping. For the first time, emissions will come at a cost, starting at $100 ...

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the ...

Larnaca has been ranked the number one European destination for baby boomers, according to a new survey released this week by global travel operator TUI. In addition, two Greek islands ...

Girls aged 16 to 19 in the EU showed stronger digital content creation skills than the general population in 2023, a trend also seen in Cyprus, according to Eurostat. However, the percentage of ...

The future of maritime transport depends on suppliers and service firms, especially amid the shift to green and digital solutions, according to Deputy Shipping Minister Marina Hadjimanolis. Speaking at the ...

Nestle (NESN.S) on Thursday said the indirect impact of US tariffs was “unclear” and posted better-than-expected first-quarter organic sales growth, as the world’s biggest packaged food company hiked ...

The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023. The ...

The world’s leading startup pitch competition, Startup World Cup, is returning to Cyprus for the second year in a row, organisers confirmed in an announcement issued on Thursday. Presented ...

Global ratings agency S&P Global downgraded Bahrain’s outlook to “negative” from “stable”, citing ongoing market volatility and weaker financing conditions that could increase the government’s interest ...

Maritime firm Safe Bulkers, led by Cypriot shipowner Polys Hajioannou, recently took delivery of the 82,000 dwt Kamsarmax-class bulk carrier ‘EFROSSINI’, built by Japan’s Oshima Shipbuilding. The vessel, which flies ...

Cyprus’ Construction Materials Price Index rose by 1.09 per cent year-on-year during the first quarter of 2025, according to data released on Thursday by the Cyprus Statistical Service (Cystat). The index reached 118.81 ...