#BusinessPick

The Bank of England will probably keep investors guessing next week about when it is likely to start cutting interest rates as it waits for clearer signs that inflation pressures ...

The acting head of Europe’s aviation regulator has warned the agency would suspend its indirect approval of Boeing’s (BA.N) jet production if warranted, but told Reuters he ...

The Central Bank of Cyprus (CBC) on Friday announced its coordination of the annual global awareness campaign, Global Money Week, scheduled to take place from March 18 to 24, 2024. This initiative, organised ...

DP World Limassol recently stated that it is making significant strides in championing gender equality and women’s representation in leadership roles in the maritime industry. The company noted that ...

The Bank of England will start cutting borrowing costs in the third quarter although 40 per cent of economists saw an earlier trim, according to a Reuters poll which showed it ...

UBS’s (UBSG.S) rescue takeover of Credit Suisse a year ago has created “new risks and challenges” for the Swiss economy, the Organisation for Economic Cooperation and Development said ...

Britain’s Financial Conduct Authority “would not stand in the way” of moves to end Britain’s free banking model if lenders chose to offset rising regulation costs by charging ...

Paphos hoteliers are pessimistic about the volume of guests they will see in the coming weeks, citing low visitor numbers, based on the reservations they have recorded so far. President ...

Cyprus Chamber of Commerce and Industry (Keve) president Stavros Stavrou, along with members of the chamber’s executive committee, on Thursday met with the UN Secretary-General’s recently appointed envoy ...

The Consumer Protection Service (CPS) and the Advertising Control Agency (ACA) this week signed a 5-year memorandum of understanding (Mou), aiming to inform consumers about the commercial pursuit of posts ...

Shuna Group, an international investment company, recently hosted a three-day event in Larnaca, showcasing the opportunities for investing in the city’s real estate sector, with this initiative receiving support ...

For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022, translating to a 16.2 per cent increase. This growth is largely attributed ...

Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by ...

Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a report showed on Wednesday. On a worldwide basis, 86 ...

The Council of Ministers on Wednesday approved a budget of €25 million for the creation, modernisation, and digital upgrade of processing units for the marketing of agricultural products. The plan is ...

Italy plans to set up an investment fund with an initial endowment of 1 billion euros ($1.09 billion) to promote Artificial Intelligence (AI) projects, Prime Minister Giorgia Meloni said on Tuesday. Backed ...

Tesla’s, opens new tab Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from the U.S. Insurance Institute for ...

Britain is proposing to build new gas plants to improve energy security and risks facing blackouts without them, the government said on Tuesday. As part of efforts to meet climate ...

The Famagusta Tourism Board (Etap) and businesspeople of the district were at the “ITB BERLIN 2024” international tourism exhibition, held last week, in an effort to promote bookings in Germany. Giorgos ...

The Cyprus economy has showcased its strong resilience, in a particularly difficult period recording, “comparatively one of the highest growth rates in the European Union,” said Dr Giorgos Mountis, CEO ...

Finance minister Makis Keravnos expressed satisfaction with the eurozone’s fiscal policy orientation for 2025, as Cyprus’ conservative fiscal approach was already in line with it. He added that the joint ...

Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog on Monday became the latest ...

According to the Cyprus Statistical Service (Cystat) report ‘Registration of Motor Vehicles’ for the period January-February 2024, vehicle registrations increased by 45 per cent. Furthermore, the share of electric vehicles has reached 3.1 ...

European stock indexes fell from recent record highs on Monday, and Wall Street looked set for losses, as traders grappled with an uncertain economic outlook and waited for U.S. ...