Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Policymakers around the world may not like the word ‘stagflation,’ but they’re going to hear a lot more it this year if the import tariffs US President Donald Trump ...
If a policy-driven turnaround in Europe’s biggest economy tempts the continent’s equity investors home, they may want to look to the bloc’s faster-growing and cheaper fringes.
Global ...
US business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of ...
If you’re lucky enough to have rooftop solar, check your energy app one of these days and you might be surprised to see ‘data interrupted’ or some other error ...
Here are the top business stories in Cyprus from the week starting February 17:
Kicking off the week, access to high-performance computing has long been a barrier for creative professionals, engineers, ...
President Donald Trump and Vice President JD Vance of the new US administration have recently levelled pointed criticisms on the policies and democratic values of Europe.
They have criticised European ...
British businesses are cutting staff at the fastest pace in more than four years ahead of a tax increase ordered by finance minister Rachel Reeves which has already prompted suppliers ...
The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts believe a rate cut is ...
Meta Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading at record ...
The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence.
The conference, which was ...
The Cyprus Securities and Exchange Commission (CySEC) has announced a significant policy change, allowing for a broader range of cases in which prospectuses can be submitted in English.
The regulator ...
Chinese startup DeepSeek will make its models’ code publicly available, it said on Friday, doubling down on its commitment to open-source artificial intelligence.
The company said in a post on ...
British consumers turned a little less pessimistic this month as the Bank of England’s latest interest rate cut led to an improvement in expectations for their household finances, according ...
Shipping Deputy Minister Marina Hadjimanolis was in Brussels on Friday, where she participated in the high-level roundtable on the European Ocean Pact, organised by the European Commission.
This followed an ...
Alibaba’s shares opened 10 per cent higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter revenues just above analysts’ ...
The leaderships of Electricity Authority (EAC) trade unions will meet on Monday to examine “serious developments” in the energy sector.
In a letter to the authority’s board, the four ...
The European Union will seek more gas from countries including the US to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the ...
A tender process with the aim of installing two new generators at the Dhekelia power station has begun, Energy Minister George Papanastasiou said on Friday.
Speaking after a meeting with ...
Rexas Finance (RXS) is the coin in question, a fast-expanding business with outstanding market positioning, creative technology, and rising investor confidence. The coin in question is Rexas Finance (RXS), a ...
The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development.
In his address, outgoing president George Georgiou ...
Deputy Minister of Tourism Kostas Koumis on Friday expressed optimism about Cyprus’ tourism sector in 2025.
He pointed out that “strategic planning is essential” as the industry enters a new cycle ...
The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Cyprus Institute of Internal Auditors (IIA Cyprus) renewed their agreement, reaffirming their commitment to good governance, transparency, and accountability.
...
Households and businesses across Cyprus will soon have better control over their electricity costs, thanks to the nationwide rollout of smart meters by the electricity authority of Cyprus (EAC).
With 500,000 ...
The Digital Cooperation Organisation (DCO) has announced the winners of the prestigious Digital Prosperity Awards at its 4th General Assembly, held in Jordan’s Dead Sea region.
The awards, aimed ...