#business

European authorities this week confirmed Cyprus’ financial and economic stability in their 17th post-programme surveillance mission. The latest report, released on Tuesday from the European Commission, European Central Bank (ECB), ...

Energy infrastructure company VTTI celebrated ten years of operations in Cyprus, marking a decade as a key player in the Eastern Mediterranean energy market. The milestone was highlighted in an ...

Black Friday is no longer just a retail phenomenon, having grown into a significant economic indicator influencing stock market performance, according to international online broker Freedom24. The annual shopping event, ...

The board of the World Federation of Tourist Guide Associations (WFTGA), led by its president, Sebastian Frankenberger, is currently in Cyprus to advance international training programmes and discuss industry developments. ...

CFA Society Cyprus this week highlighted a series of initiatives led by its president Nikos Potamaris, following the election of its new board of directors in July of this year. ...

Fitch Ratings projects limited fiscal improvement across European countries, citing uneven adjustments in debt reduction and growth trajectories. However, the agency mentioned that Cyprus continues to stand out with a ...

Britain’s government has announced that it plans to increase access to mental health support and to reform job centres as part of its push to get more people back ...

Nissan Motor (7201.T) is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault’s (RENA.PA) diluted stakeholding, the Financial ...

Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the US President-elect took to social media and pledged new ...

TechIsland, is delighted to announce that payabl., a global leader in fintech innovation, has become one of the association’s Donors. payabl. has been one of TechIsland’s earliest members ...

Fitch Ratings projects limited fiscal improvement across European countries, citing uneven adjustments in debt reduction and growth trajectories. However, the agency mentioned that Cyprus continues to stand out with a ...

The International Air Transport Association (IATA) has condemned a recent decision by the Spanish government to eliminate cabin baggage fees for passengers. The Spanish government also imposed fines totalling €179 million ...

Oil prices edged higher in early trade on Tuesday after falling in the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil’...

The dollar rallied on Tuesday while European shares fell after US President-elect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China. European equities ...

Eurobank, already holding a majority stake in Hellenic Bank, is set to complete a full acquisition in a deal worth approximately €1.2 billion, making it one of the largest cash transactions ...

The Pancyprian Cooperative Promotion Society unveiled its roadmap for establishing a new nationwide cooperative bank during a Monday evening event in Limassol, under the theme of ‘One for all and ...

Heading into holidays some expect to disappoint, Wall Street investors like Goldman Sachs (GS.N) are using new ways to monitor shoppers’ actions and intentions to help determine the season’...

Eurobank is set to raise its stake in Hellenic Bank to 93.47 per cent following agreements to acquire shares from Demetra Holdings Plc and Logicom Services Limited. The bank announced on ...

British finance minister Rachel Reeves on Monday said she would never have to repeat the tax hikes of her first budget, an attempt to reassure businesses that were caught off-guard ...

The Bank of Israel left interest rates unchanged for the seventh straight meeting on Monday, saying inflation remains high but that military conflicts are keeping economic growth weak. In its ...

Cyprus’ real estate market remains robust, with transactions reaching €2 billion by mid-2024, despite ongoing global uncertainty, according to a report released on Monday by Delfi Partners & Company. “Supported by ...

The Cyprus-Austria Business Forum was a success, with more than 60 bilateral meetings taking place, according to an announcement by the Cyprus Chamber of Commerce & Industry (Keve). Held on November 21 ...

The Cyprus Composite Leading Economic Index (CCLEI), recorded an annual increase of 1.8 per cent in October 2024, according to the University of Cyprus’ Economics Research Centre (CypERC), This marks a continuation ...

Eurobank is set to raise its stake in Hellenic Bank to 93.47 per cent following agreements to acquire shares from Demetra Holdings Plc and Logicom Services Limited. The bank announced on ...