#business

British services sector activity expanded at the fastest rate in nearly a year in June, and the prices they charged rose at the slowest pace in almost four years, according ...

Grammarly has acquired email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in ...

By Dr Christodoulos Patsalides In the world of banking, long periods of profitability can dull the instinct to reassess risk. When financial institutions experience years of stable returns and upward-trending ...

Here are the top business stories in Cyprus from the week starting June 30: Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard ...

Well-known AI chatbots can be configured to routinely answer health queries with false information that appears authoritative, complete with fake citations from real medical journals, Australian researchers have found. Without ...

Every 1 per cent cut in central bank interest rates gives Russia’s VTB Bank an extra 20 billion roubles ($250 million) in net profit, CFO Dmitry Pyanov told Reuters, which benefits the ...

Google (GOOGL.O) has proposed fresh changes to its search results in an attempt to fend off growing criticism from rivals, a week before a key meeting that could lead ...

The number of mortgages approved by British lenders for house purchases unexpectedly jumped in May, according to Bank of England data that suggested the housing market recovered quickly from the ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

Key guidance to help thousands of companies comply with the European Union’s landmark artificial intelligence rules may come at the end of the year, the European Commission said on ...

British house prices fell by 0.8 per cent in June, a sharper fall than forecast and the biggest monthly decline in more than two years, as a discount on property transactions ...

Britain’s financial regulator has said that it will make it easier for investment firms to give customers support with their pensions and investments, a move broadly welcomed by finance ...

Bank workers’ union (Etyk) last week held a special event in honour of former Central Bank of Cyprus (CBC) governor Constantinos Herodotou. According to a statement released on Friday, the ...

Thirteen bounced cheques totalling €28,296 were registered in the preliminary list of the Central Information Register (CIR) in June, according to a report published on Friday by the Central Bank of ...

After a year in office, Britain’s finance minister Rachel Reeves faces a reckoning over unmet promises of economic stability, with a stop-start economy and restive bond markets pointing to ...

The Finance Ministry on Friday announced the scheduled delisting of Cyprus government treasury bills from the fourth issuance of 2025, which are set to mature on July 25, 2025. The treasury bills in ...

Freedom Holding Corp. on Friday announced that it has secured a notable vote of confidence from institutional investors, as its shares were added to the First Trust Financials AlphaDEX Fund (...

The Bank of Cyprus (BoC) on Friday announced a revision to its privacy statement, saying this part of its ongoing efforts to safeguard personal data and ensure full compliance with ...

The Cyprus House Price Index (HPI) climbed to 113.71 units in the first quarter of 2025, reflecting a 2 per cent increase compared with the same period in 2024, according to a preliminary estimate ...

Cyprus’ Industrial Turnover Index climbed to 137.2 units in April 2025, marking a 1.6 per cent increase compared with April 2024, according to data released on Friday by the Cyprus Statistical Service (Cystat). The ...

The Paphos regional tourism board (Etap) this week called for a revision of local bus timetables following the completion of its first free community excursion programme to the Akamas region, ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

State-owned asset management company (Kedipes) announced this week that it has officially terminated its interest subsidy scheme for performing credit facilities indexed to the European Central Bank’s main refinancing ...

The Transport Ministry on Friday announced the signing of a contract for dredging works at Larnaca marina. “We are pleased to announce the signing of the contract for the dredging ...