Business

Britain’s annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6 per cent in June, official figures showed on Wednesday, slightly dampening expectations ...

Hotel sector unions on Wednesday accused employers of breaching a collective agreement signed in December, prompting Peo to say they were left with no choice but strike measures. “For months ...

Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC). The CBC published its 2024 Financial Stability Report (...

The Cypriot banking sector experienced a decline in profitability, an increase in total assets, and a further strengthening of capital adequacy, according to a report from the Central Bank of ...

The finance ministry has refused to greenlight the payment of €25 million to Greece’s independent transmission system operator (Admie), which form part of the government’s obligations regarding the Great ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Space Exploration Organisation (CSEO) signed a Memorandum of Understanding (MoU) on Wednesday, to strengthen innovation and link the space ...

SSH Solar Finance Plc on Wednesday announced that it will pay interest to bondholders for the period from January 31, 2025 to July 31, 2025, relating to its listed green bonds. The annual interest ...

The European Union has imposed new sanctions on nine individuals and six entities for their involvement in destabilising actions linked to Russia, including campaigns of foreign information manipulation and interference. ...

Cyprus’ industrial production showed no change in May 2025, compared with the same month a year earlier, according to Eurostat, the statistical office of the European Union. This followed sustained growth ...

Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash ...

The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the ...

Cyprus has been classed as a moderate innovator in the European Innovation Scoreboard (EIS) 2025, recording a 17.6 per cent improvement since 2018, the fourth highest growth in the EU over the past ...

The global biotechnology market stands poised to reach an unprecedented $5.85 trillion by 2034. The compound annual growth of 13.6% from its current $1.64 trillion valuation tells only part of the story. Beneath these ...

European Central Bank supervisors are focusing on issues ranging from tariffs to cyber attacks and a possible dollar shortage as they assess potential risks to the region’s banking industry, ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

Road freight transport across the European Union remained steady in 2024, reaching a total annual volume of 1 869 billion tonne-kilometres. This marked a slight increase from 1 857 billion in 2023, amounting to a marginal ...

Cyprus has recorded a sharp drop in its innovation performance for 2025, the European Innovation Scoreboard announced on Tuesday. According to the report, Cyprus fell by 14.6 points compared with 2024. Its score ...

If you had bought just $500 worth of Ethereum (ETH) back in 2015 when it was priced at $0.30, that investment would now be worth more than $6 million. But the truth is, most ...

Avalanche (AVAX) has grabbed attention with a sharp 15.75% gain over the past week. While traders are celebrating short-term price action, institutional wallets are already moving on. In a cycle where ...

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

Shiba Inu (SHIB), once the king of meme coin rallies, is now being doubted even by its most die-hard fans. “Diamond-hand” investors, known for holding through market chaos, are no ...

There are only a few moments in the crypto cycle when an undervalued token offers high conviction, working mechanics, and serious upside—all before launch. Right now, Mutuum Finance (MUTM) ...

The recently enacted law helping ‘trapped buyers’ to get a title deed “restores people’s confidence and safeguards the fundamental right to property”, the borrowers association said on Tuesday. The ...

The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the ...