#business

Hellenic Bank on Monday announced that its board of directors will convene on Wednesday, May 7, 2025 to examine, among other things, the financial results of the group for the first quarter ...

Trade is structural and its implications for policy and markets alike are pervasive, especially when deficits have been persistent and accumulating for a long time. Currencies and trade imbalances are ...

Emirates Airline is very satisfied with its cash reserves, Chairman Sheikh Ahmed bin Saeed Al Maktoum said this week, adding that if the government asked him to list the company ...

OpenAI this week said it has updated ChatGPT’s web search capabilities to improve online shopping for users with personalized product recommendations with images, reviews, and direct purchase links. The ...

BP (BP.L) this week reported a deeper-than-expected 48 per cent drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Computer Society (CCS) this week released a statement celebrating a series of outstanding student achievements in April 2025, showcasing Cyprus’ growing presence on the global technology stage through both ...

Spotify forecast second-quarter profit below market estimates this week due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending shares of the Swedish music-streaming giant ...

IBM (IBM.N) will invest $150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump ...

The first 27 satellites for Amazon’s Kuiper broadband internet constellation were launched into space from Florida earlier this week, kicking off the long-delayed deployment of an internet-from-space network that will ...

Apple (AAPL.O) shares fell nearly 3 per cent in premarket trade on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related ...

The Central Bank of Cyprus (CBC) on Friday announced the publication of its 2025 directive on the prevention of money laundering and terrorist financing. The newly adopted directive aims to modernise ...

Cyprus’ retail trade sector saw robust growth in March 2025, with both the value and volume of turnover rising by 5.6 per cent compared to the same month last year. According to ...

Cyprus’ archbishopric this week announced a public tender for the lease and development of two land parcels located in Geroskipou, Paphos. According to the announcement, the tender was officially launched ...

Cyprus recorded €92.7 million in high-value property transactions in March 2025, with Nicosia taking the lead thanks to a single €29.3 million office sale, according to real estate analytics firm Ask Wire. According ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €20,000 settlement with ZFN Europe Ltd in relation to a possible violation of the Investment Services and Activities and Regulated Markets ...

Bank of Cyprus Holdings Public Limited Company on Friday announced the repurchase of 295,526 of its own ordinary shares between April 25, 2025, and May 1, 2025. The shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the embassy of Hungary in Cyprus, will host a business-to-business (B2B) event highlighting innovative Hungarian technologies in agriculture ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of a public consultation for its upcoming funding programme titled “AI in Gov’t”. According to the announcement, the ...

Mastercard (MA.N) beat Wall Street estimates for first-quarter profit this week as customers kept up spending on its card network despite the economic uncertainty sparked by a global trade ...

The Bank of England is expected to lower interest rates by a quarter point on May 8 as US President Donald Trump’s tariffs darken the global growth outlook, and some ...

The International Monetary Fund has announced that it now expects Middle East and North Africa economies to grow by just 2.6 per cent in 2025 as uncertainties stemming from a global trade ...

Tesla (TSLA.O) chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement ...