#business

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular reminding Cyprus Investment Fund Managers (CyIFMs) of their obligations regarding the compliance of their websites and marketing communications. ...

The Bank of Cyprus, along with its subsidiaries, on Monday announced the signing of a binding agreement to acquire 100 per cent of Ethniki Insurance Cyprus Ltd from Ethniki Hellenic General ...

Cyprus airports are set for another record-breaking year, with 55 airlines scheduled to operate flights to and from 158 destinations across 39 countries this summer, according to Hermes Airports’ Maria Kouroupi. The company, ...

A large-scale mixed-use development is planned for the site of the historic KEAN factory in Limassol, with the project currently under public consultation by the environment department. The Environmental Impact ...

An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters. ...

At a scary moment when almost no place in global markets looks safe, Germany’s recently rocky government bonds may be one of the few true havens left. A week ...

Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev). Moreover, the ...

Taiwan’s Foxconn (2317.TW) sees Japan as a big opportunity for growing its electric vehicle business and hopes to agree on partnerships with Japanese companies as soon as possible, an ...

Global shipments of personal computers rose 9.4 per cent in the first quarter of this year as PC makers boosted consignments to the United States in anticipation of President Donald Trump’...

Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, will remain calm in the face of turbulent times, upholding a long-term investment strategy that is widely agreed upon, the ...

Here are the top business stories in Cyprus from the week starting April 7: Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an ...

Alphabet’s (GOOGL.O) this week unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications. The Ironwood processor ...

Amazon.com (AMZN.O) is considering a $15 billion warehouse expansion plan for about 80 new logistics facilities in US cities and rural areas, Bloomberg News reported this week, citing people familiar ...

British house prices unexpectedly fell in March, according to data from mortgage lender Halifax which represented the latest sign of a cooling in the market after a rush to buy ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) this week, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...

In just a week, the dollar has gone from a safe haven to investors’ whipping boy as US President Donald Trump’s chaotic tariffs on friend and foe alike undermine ...

Britain’s government wants to dilute regulations for smaller private equity and hedge funds in a bid to bolster the country’s appeal as an investment hub. The UK finance ...

Energy group BP (BP.L) expects first-quarter gas marketing and trading earnings to be weak while net debt will rise, the company said this week, sending its shares lower. The ...

Samsung Electronics this week flagged a much smaller-than-feared 0.2 per cent fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned ...

German sports car maker Porsche (P911_p.DE) delivered 8 per cent fewer vehicles globally in the first quarter, it said this week, hit by declining demand in China and Europe. ...

Britain’s economy returned to growth in February with its fastest expansion in 11 months, beating economists’ expectations and placing it on a slightly firmer footing as it braces for the ...

The first-ever global carbon tax on shipping is no longer a distant ambition. Talks at the International Maritime Organisation (IMO) headquarters in London this week propose real momentum toward binding ...

The Bank of Cyprus (BoC) on Friday announced the repurchase of 520,200 of its own ordinary shares between April 4 and April 10, 2025, as part of its ongoing share buyback programme. The transactions ...

Cyprus’ government workforce increased by 574 people in March 2025, marking a one per cent annual rise and bringing the total number of employees to 55,325, according to the state statistical service. The ...