#business

Here are the top business stories in Cyprus from the week starting May 12: A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday ...

Sony (6758.T) said this week that it expects operating profit to rise 0.3 per cent to 1.28 trillion yen ($8.7 billion) in the financial year ending in March, after factoring in a 100 billion ...

Kraft Heinz (KHC.O) is spending $3 billion to upgrade its US factories, its largest investment in its plants in a decade, even as executives say consumer sentiment is at its ...

Amazon (AMZN.O) has hired FedEx (FDX.N) to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable ...

Chip designer Advanced Micro Devices (AMD.O) announced that its board has approved a new $6 billion share buyback program, boosting its total repurchase authority to about $10 billion. Shares of the ...

As Cyprus steps up its efforts to attract international talent and long-term investment, the country’s private education system is facing growing scrutiny, with capacity constraints emerging as a major ...

A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday with the launch of the India-Greece-Cyprus Business and Investment Council (IGC) in Limassol. ...

By Miranda Xafa In 1944 the victorious countries of World War II were invited to Bretton Woods, New Hampshire to decide the postwar world economic order and the architecture of the ...

Smartphone shipments to the US surged 30 per cent in March as manufacturers Apple (AAPL.O), Samsung (005930.KS) and Motorola rushed to bring more devices into the country in anticipation of ...

Britain’s jobs market cooled again last month, according to data that showed the impact of a tax hike on employers and Donald Trump’s trade tariffs but is likely ...

Moody’s on Friday downgraded its credit rating of the United States by a notch to “Aa1” from “Aaa”, citing rising debt and interest “that are significantly higher than similarly ...

Alpha Bank Cyprus on Friday announced the addition of three seasoned professionals to its senior management team. The bank said that the new additions will “reinforce its leadership structure to ...

A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday with the launch of the India-Greece-Cyprus Business and Investment Council (IGC) in Limassol. ...

Cyprus’ largest tech association, TechIsland, successfully hosted the TechIsland Summit 2025 in Limassol, its flagship annual gathering and a key stage of this year’s Reflect Festival. Bringing together leading figures ...

The imposition of tariffs is not expected to have a significant or immediate effect on the Cypriot economy, which remains resilient and continues to outperform most European countries, according to ...

The Cyprus Institute of Neurology and Genetics (CING) has launched two new research programmes to improve the classification of genetic variants linked to breast and ovarian cancer, a key step ...

The question is no longer hypothetical. As Cyprus sharpens its image as a destination for innovation, the Cyprus Stock Exchange (CSE) is quietly positioning itself as an untapped gateway for ...

Christophoros Anayiotos, Head of Deal Advisory at KPMG in Cyprus, presented the latest economic impact assessment of the island’s tech sector during the TechIsland Summit on  Thursday. According to ...

The Cyprus Securities and Exchange Commission (CySEC) has announced the results of the certification examinations conducted in April 2025, in accordance with the Directive on the Certification of Persons and the ...

As Cyprus’ technology sector continues to grow, the country is shifting its focus from attracting foreign professionals to convincing Cypriots abroad to come home. That was the message from a ...

Deputy Shipping Minister Marina Hadjimanolis took part in the Informal Council of EU Ministers responsible for shipping, held on Thursday in Szczecin, Poland, under the Polish Presidency. According to an ...

The Cyprus Real Estate Agents Registration Council this week expressed its satisfaction with the recent initiatives aimed at regulating the issue of daily property rentals. In an official statement, the ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued two separate announcements relating to regulatory action and fund liquidation. In a decision made during its meeting on February 2025, the ...

The total weight of goods transported by road within Cyprus, as well as the weight of freight moved to and from the island, increased in 2024 compared to 2023, according to the ...