#BusinessPick

With the message ‘a better tomorrow’, the company aims to consistently leave a positive imprint on the country For Lidl Cyprus, Corporate Social Responsibility has been an integral part of ...

The Cyprus University of Technology (Tepak) and the Famagusta Chamber of Commerce (Evea) jointly organised a lecture on artificial intelligence (AI). According to a statement about the event, which took ...

Limassol Municipality and Frederick University’s Department of Maritime and Commerce are collaboratively organising the Blue Limassol Forum 2024, which is scheduled to occur on Monday, April 15, from 17:00 to 19:30 at Frederick ...

Capital Intelligence Ratings (CI Ratings) has revised its long-term foreign currency rating (LT FCR) outlook for the Republic of Cyprus from stable to positive, while affirming the country’s LT ...

The shift to sustainable energy sources has marked the energy transition from traditional fossil fuels to renewable and clean energy sources. Andreas Poullikkas, Chairman of the Cyprus Energy Regulatory Authority (...

Producer prices in Cyprus’ industrial sector experienced a new decline in February, with the decrease mainly driven by the electricity production sector, according to a report by the Cyprus Statistical ...

Cyprus’ main exports for 2023 included minerals, oil, halloumi cheese, and pharmaceutical products, according to a report by the state’s statistical service (Cystat). The report revealed that Cyprus exported domestically ...

As Europe seeks to hold its ground against economic rivals, politicians think they have a secret weapon: the untapped savings of its citizens. From Italy selling government bonds to households, ...

Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to ...

Australia’s housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia’s ...

Global smartphone shipments are expected to rebound 3 per cent this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to ...

Top fashion retailers ASOS (ASOS.L), Boohoo (BOOH.L) and George at Asda have signed undertakings to clarify the way they display, describe and promote their environmental credentials, Britain’s ...

H&M (HMb.ST), the world’s second-largest listed fashion retailer, beat first-quarter operating profit expectations on Wednesday, as new CEO Daniel Erver said spring collections were well received ...

South Korean conglomerate LG Group will invest 100 trillion won ($74.42 billion) within the country over the next five years, its holding company LG Corp (003550.KS) said on Wednesday. LG Group aims ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...

British businesses trimmed their plans for staffing and wage increases this month, according to a survey published on Wednesday that suggested April’s big increase in the minimum wage is ...

Online trading app Robinhood Markets (HOOD.O) launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to ...

Meta’s (META.O) oversight board this week called on the company to end its blanket ban on a common usage of the Arabic word “shaheed,” or “martyr” in English, ...

CBC governor Constantinos Herodotou on Friday addressed the “Digital Financial Literacy: the Way Forward” conference, held by the Central Bank of Cyprus (CBC). The conference aimed to explore the multifaceted ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical buffer rate at 1 per cent, with effect from June 2, 2024. According to a statement by the CBC, “in accordance ...

The PwC Cyprus Foundation participated for the second consecutive year in an initiative that sought to promote financial literacy among the youth, held during Global Money Week, which took place ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...

The board of directors of state-owned asset management company Kedipes this week decided to make the largest quarterly cash payment to the state since its establishment in 2018, amounting to €140 million, ...

Cyprus’ Industrial Production Index for January 2024 saw a 4.2 per cent rise compared to the same period in 2023, reaching 99.5 units, with 2021 being the base year with a value of 100 units, according ...