Business

U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter ...

German business morale improved unexpectedly in August to its highest level in 15 months, a survey showed on Monday, although analysts warned the economic outlook remained weak. The Ifo institute said ...

Economic sentiment in Cyprus dipped significantly this month, reflecting weaker business confidence in the services and construction sectors, according to the latest survey by the University of Cyprus published on ...

The cryptocurrency market has been heating up with activity in recent months, but not all tokens are moving with the same intensity. While Bitcoin and Ethereum have captured headlines with ...

While BNB dominates headlines with its size and stability, true outsized returns are frequently captured earlier in a project’s lifecycle. Mutuum Finance (MUTM), currently in presale Phase 6 at $0.035, is ...

Every new cycle in digital assets brings a wave of projects that analysts scan for growth potential, speed of adoption, and utility that can stand out in a crowded field ...

FIBA EuroBasket 2025 will be staged at Limassol’s Spyros Kyprianou Sports Centre from August 28 to September 4, marking Cyprus’ debut in the tournament. Deputy Minister of Tourism Costas Koumis said the ...

Cyprus has ranked bottom among EU member states in the latest Sustainable Development Report (SDR), released by the Sustainable Development Solutions Network (SDSN). The island placed 56th globally out of 167 ...

Cyprus leisure centres enjoyed strong business during the August 15 holiday, but industry leaders warned that all-inclusive packages and the rapid growth of Airbnb rentals are putting increasing pressure on restaurants, ...

The Pavlakis family group has completed an extensive renovation programme at its three Ayia Napa hotels, Nissi Beach Resort, Nissi Park and Alion Beach, as part of a long-standing policy ...

Greek shipowners control 21 per cent of the world’s merchant fleet with 5,520 vessels, maintaining their lead as the largest shipping power globally. Fleet capacity has grown by 50 per cent over ...

Cyprus’ accession to the Schengen Zone is of “key importance,” the association of large investment projects said, arguing that it could strengthen the country’s image as a safe and ...

Greek Foreign Minister Giorgos Gerapetritis on Monday night promised that the Great Sea Interconnector project, which, if completed, will connect the energy grids of Greece, Cyprus, and Israel, will go ...

Meta has signed a deal with generative AI lab Midjourney to license the startup’s “aesthetic technology” for the social media company’s future models and products. The technical collaboration ...

Spotify will raise prices as it invests in new features and targets 1 billion users, the Financial Times reported on Sunday citing the music streaming provider’s Co-President and Chief Business ...

Global central bankers gathered at a U.S. mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too. U....

Bitcoin (BTC) has once again proven its unpredictable nature, slipping by 2.3% over the week and settling around $113,500. For many investors, watching the red lines on crypto charts raises concerns that ...

When investors scan the market for the next breakout digital asset, their attention often shifts to cryptocurrencies that trade below $1. History has shown how XRP, Cardano (ADA), and even meme ...

The market shook this week as over $800 million in Bitcoin (BTC) positions were liquidated, rattling sentiment and leaving many wondering what is going on with crypto today. While headlines focus ...

Chinese e-commerce firm PDD Holdings beat market estimates for quarterly revenue on Monday, signaling a rebound in domestic demand and improved growth in its international business despite global trade uncertainties. ...

Cyprus’ accession to the Schengen Zone is of “key importance,” the association of large investment projects said, arguing that it could strengthen the country’s image as a safe and ...

Europe’s shipping industry will face its first financial bill under the European Union’s Emissions Trading System (EU ETS) on September 30, marking a watershed moment in efforts to curb ...

International premium-class travel grew faster than economy in 2024 as global demand for air transport continued to climb, the International Air Transport Association (IATA) said in its annual World Air Transport ...

Bank of Cyprus (BoC) has become the first lender on the island to allow customers to apply for a mortgage loan entirely online, with responses provided within 24 hours. The new ...