Business

The Cyprus Securities and Exchange Commission (CySEC) disseminated this week an announcement from the European Securities and Markets Authority (ESMA), emphasising the ongoing risks associated with crypto-assets despite a surge ...

Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory. While acknowledging the country’s robust growth and fiscal prudence, the ...

Apple (AAPL.O) is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. ...

Honda (7267.T) and Nissan (7201.T) are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers ...

Cyprus has pledged €7.16 million to the International Development Association (IDA) during a meeting held in Seoul, South Korea, on December 5, 2024. The commitment is part of a broader fundraising initiative for ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday published a practical guide to help regulated entities meet their obligations in combating the financing of weapons of mass destruction. The ...

Balram Chainrai has acquired 2.67 per cent of Agros Development Company ‘Proodos’ Public Ltd, the owner of the Rodon hotel in Agros, purchasing 95,974 shares at €3 each, according to an announcement on ...

Cyprus’ apartment market contrasts sharply, with Limassol’s luxury prices reaching €5 million, while Nicosia offers affordable options starting at €50,000, according to real estate analytics firm Ask Wire. The firm explained ...

The Cypriot government and Hermes Airports signed a new agreement on Monday, extending the management of Larnaca and Paphos airports until 2033. The deal resolves longstanding financial disputes and paves the ...

Operating expenses may easily spiral out of control for firms, with business energy waste frequently playing a subtle but substantial role. Energy waste management inefficiency raises electricity costs and hurts ...

Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory. While acknowledging the country’s robust growth and fiscal prudence, the ...

ETH has shown notable increases in past cycles that would have paid early investors handsomely. Celebrated for precisely forecasting Ethereum’s ATH of $4,800 in 2021, a trader has focused on another ...

Invest Cyprus on Monday announced the signing of a memorandum of understanding (MoU) with the Cyprus Space Exploration Organisation (CSEO). The agency, tasked with the purpose of driving foreign investment ...

Sending money just got a whole lot easier for Hellenic Bank customers. Now they can download the Hellenic Bank Mobile App to their phone and carry out all their transactions ...

Following early termination of a tenancy, the owner of the rented property may find issues arise with the tenant, either regarding rent owed or compensation for damages to the landlord ...

The crypto market is developing into a full bull cycle as Bitcoin touches a new all-time high of $107,000. Amidst this incredible rally, smart investors are accumulating four altcoins, Rexas Finance, ...

Global spending on cloud infrastructure services climbed by 21 per cent during the third quarter of 2024, reaching $82 billion, according to technology industry analysts Canalys.  The surge was fuelled by heightened investments ...

Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025. Dwindling inflation has finally ...

The year ahead is shaping up badly for Europe with its financial markets already hit hard by US tariff fears and political turmoil in France and Germany, yet some investors ...

Italy’s growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public finances of the euro zone’...

US liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the ...

Germany’s economic downturn eased slightly in December but business activity still contracted for a sixth month running, according to a survey. The HCOB German flash composite Purchasing Managers’ Index, ...

Government budgets are the main instrument of economic policy that determine how resources are to be allocated and collected from various interest groups. On Wednesday, MPs voted to approve the ...

Here are the top business stories in Cyprus from the week starting December 16: Limassol’s share of the 2025-2027 state budget has drawn the ire of the Limassol Chamber of ...