#BusinessTop

Positive clinical trial results for Merck & Co’s (MRK.N) experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while ...

The new Metropolis Mall in Larnaca helped the city during its construction phase by employing an estimated 1,000 people throughout the entire process. Having recently opened its doors to the public, ...

The outcome of a $10 billion six-month battle to buy British supermarket chain Morrisons (MRW.L) will be decided in a one-day auction on Saturday overseen by the Takeover Panel. The ...

Central Bank of Cyprus governor Constantinos Herodotou has sent a letter to banks and credit acquisition companies regarding short term loan restructurings and fee transparency, calling on their CEOs to ...

Fashion brands like Benetton are increasingly turning away from globe-spanning supply chains and low-cost manufacturing hubs in Asia, in a shift that could prove a lasting legacy of the COVID-19 ...

Buoyed by the tourism and retail sectors, the Cypriot economy continued to be on an upwards trajectory in August according to a report by the University of Cyprus Economic Research ...

AstraZeneca (AZN.L) will take full control of Caelum Biosciences in a deal worth up to $500 million, the drugmaker said on Wednesday, sharpening its focus on rare-disease drugs following its ...

A memorandum of understanding has been signed to officially launch the Cyprus Lebanon IT Hub (CLITH). Signed and confirmed during an online press conference, this initiative aims to bring the ...

More than a million British workers face an uncertain future this week as the UK becomes the world’s first big economy to wind up its COVID-19 jobs support scheme. ...

World Tourism Day with its theme this year of tourism for inclusive growth should be a call for the entire industry to renew itself, stakeholders in Cyprus said on Monday. ...

Lawmakers on Monday began reviewing three government bills which would give credit acquiring companies (CACs) enhanced access to debtors’ financial data, affording the financial industry more tools to deal with ...

German discount supermarket group Aldi will invest 1.3 billion pounds ($1.8 billion) in Britain over the next two years, opening a new store every week to try to accelerate its rapid growth ...

BP (BP.L) said nearly a third of its British petrol stations had run out of the two main grades of fuel on Sunday as panic buying continued despite the ...

Britain’s decision to issue temporary visas for 5,000 foreign truck drivers is a short-term fix that will not solve an acute labour shortage that risks major disruption for retailers in ...

The European Commission has approved a €2.7 million scheme by Cyprus to support small and medium-sized enterprises (SMEs) active in the agricultural and livestock production, affected by the coronavirus outbreak. The ...

Despite the ongoing effects of the pandemic Hellenic Bank is still on course to meet its long-term objectives, its new CEO Oliver Gatzke said on Friday as the bank posted ...

European Central Bank policymakers are bracing for inflation to exceed the bank’s already raised estimates, paving the way for it to end its emergency bond purchases in March, sources ...

The Sewerage Board of Limassol – Amathus (SBLA) signed a contract on Wednesday for the construction of a sewerage system in Palodia, at an estimated cost of €7 million. “Today, with the ...

More than €200 million in EU funds has been allocated to improve the competitiveness of Cypriot businesses between 2021 and 2027, but the full absorption of this amount could be endangered by a ...

Everyone is searching for the next investment opportunity, with properties, shares and cryptocurrency assets dominating the discussion. But what if a car was a limited company you could buy shares ...

Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank (9984.T), with players including ex-England international Rio Ferdinand and Spain’s Gerard Pique also investing, ...

Cyprus is working towards an efficient, greener and value-oriented industry sector, Minister of Energy, Commerce and Industry Natasa Pilides said on Monday. “We are one step closer to the industry ...

Norway will allow state-controlled Equinor (EQNR.OL) and its partners to increase gas exports from two offshore fields for the next 12 months amid concerns over a shortage of European gas ...

British Airways owner IAG (ICAG.L) is not planning to raise billions of euros from shareholders to get the company through the extended COVID-19 crisis, its chief executive Luis Gallego ...