#business

The financial system risks undermining global trade if it fails to adapt to the economy’s needs, with developing countries likely to suffer the most, the UN Trade and Development ...

British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves’ budget, and higher wages were improving affordability, mortgage lender Nationwide ...

Asia shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in global bond markets and cryptocurrencies abated. Bitcoin reclaimed the $90,000 ...

An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow ...

Euro zone inflation has delivered some “upside surprises” recently, raising some questions about the European Central Bank’s expectations for a dip early next year, the ECB’s chief economist ...

The number of registered unemployed reached 10,924 persons at the end of November, according to figures released on Wednesday by the Statistical Service (Cystat). This represents an annual decrease of 163 people, ...

The turnover value index for services and transport in Cyprus recorded broad increases in the third quarter of 2025 compared to the same period of 2024, according to the statistical service (Cystat). ...

Cyprus plans to complete a review of rents across the country’s 19 industrial and craft zones, the Interior and Commerce ministries told MPs, saying the aim is to set fair ...

Cyprus’ legal and accounting bodies have reiterated their concerns over a government proposal that would allow the tax department to seal business premises for serious non-compliance, saying the measure is ...

Cyprus’ UW Group has joined the Green Award programme as its newest Incentive Provider, further strengthening efforts to promote cleaner, safer and more efficient maritime operations. The group, operating through ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis travels to Brussels on Wednesday to take part in Thursday’s meeting of EU transport ministers, where discussions will centre on global measures for ...

Cyprus’ AKTI Project and Research Centre has launched a fire-restoration initiative in the Laona region of Limassol, supported by Chevron Cyprus, after the July 2025 wildfires. The area, which relies on ...

Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S....

Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...

Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports. In its announcement, the company said that “for the ...

British store chains last month reported lower inflation in the run up to Black Friday sales but higher costs in 2026 mean retailers might struggle to keep inflation on its downward ...

Samsung Electronics unveiled on Tuesday its first multi-folding smartphone, in a bid to strengthen its position in a sector of the phone market where competition is expected to intensify. The ...

A decade after it began working on a capital markets union, the EU is still struggling to agree a framework that encourages savers to put their cash to work within ...

Warner Bros Discovery has received a second round of bids, including a mostly cash offer from Netflix, in an auction that could conclude in the coming days or weeks, a ...

Larnaca is being reshaped into a service centre for airlines in the Eastern Mediterranean, with the gradual reuse of the old airport bringing clear benefits to the city. Speaking at ...

Cyprus recorded one of the lowest inflation rates in the euro area in November 2025, with the flash estimate placing annual  harmonized index of consumer prices (HICP) at 0.2 per cent, unchanged ...

Cyprus recorded one of the lowest unemployment rates in the European Union in October 2025, with seasonally adjusted joblessness holding at 4.2 per cent, according to new figures from Eurostat. The rate ...

Cyprus recorded a 9 per cent annual increase in property sales in November 2025, according to new figures from the Department of Lands and Surveys (DLS). A total of 1,644 sales documents were ...

Cyprus’ maritime procurement community gathered in Limassol for GenPro’s 5th Annual Blue Day, where industry leaders examined how artificial intelligence is reshaping sourcing and supply-chain decisions across global fleets. ...