Banking and Finance

Bumble’s shares fell 16 per cent on Wednesday after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth ...

Dixon Technologies India, which assembles Google’s Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top ...

Apple launched on Wednesday a budget-minded phone with artificial intelligence, the iPhone 16e, designed to win back mid-market customers at home and in crucial growth markets China and India. The ...

Apple is set to launch its latest budget iPhone model on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from ...

The 8th Annual Capital Link Cyprus Shipping Forum held in Limassol, highlighted Cyprus’ role as a key player in shipping, energy, and logistics. Supported by Hellenic Bank, the event drew ...

Coca-Cola HBC group has been recognised for the eighth time as the world’s most sustainable beverage company, according to the 2024 Dow Jones Best-in-Class Indices. Previously known as the Dow ...

The Cyprus chamber of commerce and industry (Keve) welcomed the council of ministers’ decision on Wednesday to approve the revised framework for the employment of third country nationals (TNCs). This ...

Kyriakos Iordanou, general manager of the Institute of Certified Public Accountants of Cyprus (ICPAC), submitted his views on tax reform at the ‘Gender Budgeting and Gender Mainstreaming’ conference in Nicosia ...

Netflix has called an audible and now plans to pursue a Sunday NFL package following its successful Christmas Day debut last season. Bela Bajaria, the chief content officer for the ...

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth. As the supply of skilled and unskilled ...

British inflation sped up by more than expected to hit a 10-month high of 3 per cent in January and is likely to rise further soon, testing the Bank of England’...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed ...

HSBC’s headcount fell 3 per cent last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused ...

The Central Bank of Cyprus (CBC) announced a substantial growth in the assets of investment institutions for the final quarter of 2024. The assets increased by €573.8 million, 8.4 per cent, reaching €7.36 billion ...

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth. As the supply of skilled and unskilled ...

Cyprus recorded the lowest rate of people working remotely in Europe in 2024, at just 22 per cent, a sharp contrast to the Netherlands, which topped the chart with 83 per cent. This ...

The sound of hammer blows and welding drifted from the Skaramangas Shipyard near Athens last month as workers repaired the bow of a large tanker, while other vessels waited to ...

The Bank of Cyprus on Tuesday announced its preliminary financial results for 2024, reporting a profit after tax of €508 million. This marks a 4 per cent increase compared to the previous year, ...

Fast-fashion retailer Shein’s executive chairman Donald Tang told investors in a letter on Monday that “growth remains strong” despite the United States ending duty-free treatment of low-value ecommerce packages ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in ...

Addressing Tuesday’s 8th Capital Link Shipping Forum in Limassol, the Deputy Minister for Shipping Marina Hadjimanolis emphasised that “expanding the Cypriot registry remains a top priority for the government.” ...

The board of directors of the Agros Development Company ‘Proodos’ Public Ltd, which owns the Rodon hotel in Agros, has accepted the evaluation issued by PWC about its share price. ...

Cyprus’ Construction Production Index prices for January 2025 reported a modest increase of 0.57 per cent from the previous month, according to the latest data from the Cyprus statistical service (Cystat). What ...

The Bank of Cyprus on Tuesday announced its preliminary financial results for 2024, reporting a profit after tax of €508 million. This marks a 4 per cent increase compared to the previous year, ...