#business

Cyprus recorded strong growth in industrial production in October 2025, outperforming the euro area and EU averages, according to new figures released this week by Eurostat. Eurostat reported that in October 2025, ...

After a stellar 2025, investors expect shares in European banks to keep heading higher in 2026, supported by strong earnings and, crucially, cost savings stemming from artificial intelligence. As fears of a ...

Cyprus recorded one of the largest deficits in personal transfers in the European Union during 2024, according to Eurostat, highlighting the scale of money flowing out of the country to households ...

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost ...

The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view and tip the balance for a ...

iRobot (IRBT.O), the maker of the Roomba vacuum cleaner, has filed for bankruptcy protection, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. ...

The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an AI bubble. Still, investors ...

The British public’s expectations for inflation inched lower in November, according to a Bank of England survey. The public’s median expectation for the rate of inflation in the ...

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost ...

Employment in the broad public sector in Cyprus stood at 74,431 in the third quarter of 2025, an increase of 1.8 per cent year-on-year, according to figures released on Monday by the statistical ...

The long-planned mixed-use project on the site of the former Curium Palace hotel in Limassol is advancing towards licensing, with authorities yet to finalise key planning and building permits, industry ...

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic ...

Young in people in Cyprus were less likely than most of their European peers to drop out of formal education or training during 2024, according to Eurostat, highlighting the island’s ...

Cyprus experienced decline in job vacancies in the third quarter of 2025, according to the state statistical service (Cystat). This signals easing labour demand across the economy as hiring slowed during ...

Cyprus’ statistical service (Cystat) on Monday reported a decline in the number of building permits issued between January and August 2025, reflecting a slowdown in authorisations even as the overall value ...

Eurobank chief executive officer Fokion Karavias said investments are a national necessity and Cyprus plays a pivotal role in the group’s future, in a wide-ranging interview with Greek business ...

Eurogate Limassol is preparing to expand storage capacity at its Container Terminal by demolishing one of two warehouses that pre-date the port’s privatisation, a move that Chief Operating Officer ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Cyprus Research and Innovation Enterprises Association (CRIEA), on Monday announced the creation of the Cyprus Defence and Space ...

The European Commission is expected on Tuesday to reverse the EU’s effective ban on sales of new combustion-engine cars from 2035, bowing to intense pressure from Germany, Italy and European ...

Cyprus has marked its most ambitious participation yet at the Robotex International World Robotics Competition in Tallinn, Estonia, with a record-sized delegation and impressive performances across multiple disciplines, said the ...

Europe is pressing ahead with plans to strengthen its shipping, shipbuilding and ports sectors, despite stalled global talks on decarbonisation, with the European Commission preparing two major strategies aimed at ...

Cyprus-based Columbia Shipmanagement (CSM), a member of the Columbia Group, is operating against a backdrop of accelerating regional momentum, as the group continues to deepen its footprint across the Middle ...

Air traffic control delays in Europe have more than doubled over the past decade, far outpacing growth in flight numbers and causing increasing disruption for passengers, according to a report ...

The global wearable band market saw its value surge by 12 per cent to 12.3 billion in the third quarter of 2025, according to the latest research from Omdia, reflecting a strong shift ...