Business

In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas, but not in commercial quantities. There were high expectations that ...

Crypto investors are placing their attention on new coinings during the month of April after leaving behind established large-scale coins Dogecoin (DOGE) and Cardano (ADA). Mutuum Finance (MUTM) has gathered ...

While the crypto market makes its biggest bets for a transformational 2025, two tokens are going against typical expectations. XRP tethered to its decade-long upward-sloping channel — is resembling its sensational 2017 surge, ...

On Thursday, the House of representatives unanimously passed a bill that reforms the regulation of the electricity sector, paving the way for cheaper and cleaner energy. In a written statement, ...

Britain’s economy returned to growth in February with its fastest expansion in 11 months, beating economists’ expectations and placing it on a slightly firmer footing as it braces for the ...

Cardano (ADA) is grappling with a momentum loss after two days of not being able to keep the support of $0.60 and went to $0.585 with buying signals running out of strength. ...

The first-ever global carbon tax on shipping is no longer a distant ambition. Talks at the International Maritime Organisation (IMO) headquarters in London this week propose real momentum toward binding ...

The Bank of Cyprus (BoC) on Friday announced the repurchase of 520,200 of its own ordinary shares between April 4 and April 10, 2025, as part of its ongoing share buyback programme. The transactions ...

Cyprus’ government workforce increased by 574 people in March 2025, marking a one per cent annual rise and bringing the total number of employees to 55,325, according to the state statistical service. The ...

Cyprus is stepping up efforts to attract more visitors from Poland, with the Famagusta regional tourism board (Etap) teaming up with local hotels for a roadshow across Krakow, Poznan and ...

Jinius, the innovative digital platform and subsidiary of the Bank of Cyprus Group, has announced its full support for the government’s initiative to adopt electronic invoicing, positioning itself as ...

Eurobank on Friday announced the successful completion of its mandatory public offer to acquire Hellenic Bank, increasing its direct ownership stake to 98.46 per cent of the bank’s issued share ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) on Thursday, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...

Limassol Greens, a €400 million residential and tourism development, is gearing up for property handovers and expansion plans within 2025. Described as “a project driven by vision, innovation and clear strategic direction,” ...

As digital currency reshapes the global economic landscape, cloud mining is rewriting the rules of wealth in a subversive manner. No need to deal with hardware costs, technical barriers or ...

Retired chief executive Mark Lamberti and Professor Charlene Lew’s recent study unveils the relationship that CEOs have with legacy post-retirement.  Dedicating their lives to their companies, most chief executives ...

The fifth edition of Tech Talks, a community-driven event inspired by Google’s original Tech Talks initiative, is set to take place on Monday, May 5, at 7pm. Aimed at the ...

Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump’s tariff policy, scrambling to figure out strategies and calming clients ...

United Arab Emirates’ renewable energy company Masdar said on Thursday it had fully acquired Greece’s Terna Energy (TENr.AT), after buying a majority stake last year, a further step ...

Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the costs of President Donald Trump’s sweeping tariffs. ...

Tesco (TSCO.L), Britain’s biggest food retailer, warned on Thursday its profit would likely fall this year, blaming increased “competitive intensity” in the UK market and sending its shares ...

Parliament on Thursday passed a law ‘prohibiting’ the disconnection of solar panels, although some MPs cautioned that the benefit of this would be limited. The legislative proposal belonged to Disy ...

With more investors exploring decentralized finance (DeFi) as an alternative to traditional markets, projects that offer real utility, transparent systems, and low barriers to entry are gaining attention. One name ...

As signs of a potential altseason rotation continue to build, many traders are shifting their focus away from already-inflated large caps and into early-stage projects with room to grow. This ...