Business

Lars Baumguertel wants Germany’s politicians to get out their cheque books. The 58-year-old executive runs one of the last surviving manufacturers in Gelsenkirchen, a former coal town in the ...

Cyprus and Egypt on Monday signed two agreements concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean. The first agreement was a memorandum of understanding ...

The crypto market is always filled with multiple investment choices. While some coins grow enormously others move at a steady pace, however, finding hidden gems that could help gain massive ...

January 2025 marked a standout month for tourism in Cyprus, as the island welcomed 112,100 visitors, according to a report released on Monday by the state stastical service. According to the report, ...

The Cyprus Statistical Service (Cystat) on Monday announced the launch of its latest labour cost survey for the reference year 2024. This survey, conducted every four years, aims to collect important ...

As we continue in 2025, myriad altcoins are ready to garner recognition and increase their valuation exponentially. Three appear to be the most promising tokens poised to garner attention: Rexas Finance (...

The race to $5 for Cardano (ADA) and $10 for Sui (SUI) faces a wildcard contender. Rexas Finance (RXS), a $0.20 token in its 12th presale stage, has already surged 6.6x since launch. ...

Quarterly data from the Central Bank of Cyprus (CBC) on household assets and liabilities have shown a shift in financial asset distribution. This trend may have been influenced by the ...

The Bank of Cyprus’ board of directors is convening today, February 17, to review the preliminary financial results of the group. The bank will release the official announcement related to the ...

Short-term rentals in Cyprus will come under the scrutiny of the House energy, trade, industry and tourism committee this week. The committee is set to discuss a number of issues ...

The bill submitted to the House of Representatives by the MP for Famagusta of Disy, Nikos Georgiou, with the aim of amending the legislation governing the acquisition of real estate ...

Access to high-performance computing has long been a barrier for creative professionals, engineers, and businesses. LoLa Cloud PCs, founded by Cypriot entrepreneur Rogiros (Roger) Theophanous, is on a mission to ...

Oil prices were little changed on Monday as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows. Brent crude futures was up 7 ...

Fake news generated by artificial intelligence and spread on social media is heightening the risks of bank runs, according to a new British study that says lenders must improve monitoring ...

Global equity funds attracted significant inflows in the week ending February 12, after a Bank of England rate cut drove a rally in European shares, although caution over U.S. President ...

Wind-powered electricity production across Europe dropped by over 7 per cent in January from the same month in 2024, depriving regional power producers with a key source of clean energy right when ...

US President Donald Trump hasn’t yet imposed import tariffs on copper but the market is already pricing in the likelihood that the red metal will be next on the ...

Asia’s crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they can and moving to alternatives for deliveries in coming months. ...

Much of the discussion at the FT’s International Energy Policy Forum in Brussels earlier this month applied to Cyprus as well as other areas of the world. The event ...

In 2021, Solana (SOL) skyrocketed from $1.50 to $258, an impressive 17,100% surge that turned early investors into millionaires. Fast-forward to 2025, Solana is trading at $201, still proving its dominance in the blockchain market. While ...

By Emilios Charalampous and Maria Aristidou With the European Union’s leadership promoting a coherent, centralised and effective economy to the rest of the world through the concepts and principles ...

Cardano and XRP have recently seen renewed interest as institutional adoption and ETF speculation drive fresh momentum. XRP’s price is expected to reach $5 by 2025, especially if its ETF approval ...

EU-funded researchers are using art to create a more inclusive and engaging science education experience for all students, free from the constraints of stereotypes. By Vittoria D’Alessio A new ...

Here are the top business stories in Cyprus from the week starting February 10: Cypriot banks have lowered their key interest rates, with expectations of further reductions throughout 2025, in response to ...