#business

The board of state-owned asset management company Kedipes on Monday announced that it has approved the appointment of Onisiforos Onisiforou as an independent non-executive member. The appointment came into effect ...

The Cyprus Research and Innovation Centre (CyRIC), as coordinator of the MultiLab project, which operates under the EU’s Horizon Europe programme, on Monday announced the successful delivery of its ...

Cyprus recorded one of the strongest performances in the European Union in the third quarter of 2025, with seasonally adjusted GDP rising by 0.9 per cent compared with the previous quarter, according ...

GamesUp42 has grown from a young studio into one of the most dynamic gaming ecosystems operating out of Cyprus, and its story reflects the island’s rapid rise as a ...

WISTA International marked its participation at the 34th International Maritime Organisation (IMO) Assembly, which concluded in London after 10 days of detailed discussions and planning for the next biennium. The meeting, ...

Investment company Yoda PLC, listed on the Cyprus Stock Exchange’s New Market (NMD), has that certain of its subsidiaries finalised a series of transactions with Prodea Real Estate Investment ...

Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation ...

Netflix is in exclusive talks to buy Warner Bros Discovery’s film and television studios along with its streaming assets after offering $28 per share, a source with direct knowledge of ...

British energy regulator has approved a 28 billion pound ($37.33 billion) investment over the next five years to ensure a safe and reliable energy system in the future, part of an upgrade ...

Gold prices were broadly flat on Friday, as higher U.S. Treasury yields offset support from a weaker dollar, while investors awaited key inflation data for signals on the Federal ...

American talk show host Oprah Winfrey has praised Australia’s decision to ban social media for under-16s from next week, saying the move would help young people socialise more. ...

British investors were net sellers of stocks for a record-extending sixth consecutive month in November, data from funds network Calastone showed on Thursday, as fears the government would cut tax ...

Global air cargo demand rose by 4.1 per cent in October 2025 compared with the same month last year, setting a new monthly record and marking the eighth consecutive month of expansion, ...

Here are the top business stories in Cyprus from the week starting December 1: The International Maritime Organisation (IMO) has confirmed the composition of its next 40-member Council, electing countries across ...

British businesses expect to reduce staff numbers but raise prices at a similar rate to before, according to a survey of more than 2,000 firms on Thursday by the Bank of ...

Amazon.com said on Wednesday it is rolling out a dedicated news tab on its Prime Video streaming service, which will become available to all U.S. customers for free ...

A Google search executive on Thursday pushed back against fears that its AI-powered search will harm web publishers and its advertising business, calling the technology an “expansionary moment” for the ...

The global shipping industry is facing an escalating human-resources crisis as more seafarers leave life at sea for work ashore, according to reporting by Paul Bartlett, who noted during a ...

Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat). This compares with a €1.3209...

The spouses and children of billionaires inherited more wealth in 2025 than in any previous year since reporting began in 2015, according to UBS’s Billionaire Ambitions Report published on Thursday. In ...

The European Commission proposed measures on Thursday to make the European Union’s capital markets more competitive by easing cross-border operations and giving broader oversight to the European Securities and ...

Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage ...

Cyprus called for sustainable, realistic and broadly supported global measures to accelerate the decarbonisation of shipping during the EU Council of Transport Ministers in Brussels, where Shipping Deputy Minister Marina ...

The profit share of non-financial corporations in Cyprus reached 42.9 per cent in 2024, standing above the EU average of 40.1 per cent, according to Eurostat data published on Friday. Across the bloc, ...