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.
Britain’s services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according ...
Individual investors are likely to see a growing array of financial products containing private credit heading their way in the coming months and years, financial executives said at the Milken ...
British new car registrations fell more than 10 per cent year-on-year in April, with Tesla’s (TSLA.O) UK sales plummeting 62 per cent, dragged by weak consumer confidence and tax increases, ...
Cyprus in recent years has taken strides in advancing intellectual property rights and processes, key to driving innovation, the commerce minister said on Tuesday.
George Papanastasiou was addressing the annual ...
In the current phase of market recovery, investors are searching for low-cost cryptocurrencies with real fundamentals — not just price momentum. With Cardano (ADA) once having been a sub-dollar asset before ...
The crypto market shows excitement about 2025 predictions where Ripple (XRP) plans to reach $5 value while Dogecoin (DOGE) focuses on obtaining $1. Mutuum Finance (MUTM) stands at the forefront of alternative coins ...
Solana (SOL) maintains its bullish performance by staying above $150 as its market value experiences a 20% boost during the month. The trading activity of SOL reached $3.39 billion as analysts estimate a ...
The presale initiative of Mutuum Finance has collected $7.7 million through its 444-million-token sale secured by 9500 investors. Mutuum Finance (MUTM) stands in phase 4 at $0.025 per token while the phase has reached 60% ...
Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings ...
Deposit interest rates in Cyprus declined in March 2025 for both households and businesses, reflecting a softening trend in returns on short-term savings, according to the Central Bank of Cyprus (CBC).
...
Leptos Calypso Hotels Public Ltd, a member of the Leptos Group, recorded a significant financial turnaround in 2024.
Specifically, the company on Tuesday posted a consolidated net profit of €3.25 million, recovering ...
Tesla’s (TSLA.O) new car sales in Britain plummeted 62 per cent year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data ...
Turkey’s Halkbank (HALKB.IS) asked the US Supreme Court to review a lower court ruling saying it can be prosecuted for allegedly helping Iran evade American sanctions, a US-based ...
The number of unemployed persons registered at district labour offices across Cyprus stood at 8,118 at the end of April 2025, according to the latest data released by the Cyprus Statistical Service (...
Cyprus recorded over 1.15 million passengers at its two airports in April 2025, crossing the one million threshold for the first time in a single month, the Transport Ministry said on Tuesday.
...
Credit rating agency Moody’s on Tuesday upgraded the long-term deposit ratings of the Bank of Cyprus to A3 from Baa1, reflecting continued strengthening of the bank’s financial position.
...
The Cyprus Real Estate Agents Registration Council recorded 125 convictions for illegal real estate brokerage in 2024, according to an announcement released on Tuesday.
The number of convictions, the council explained, “reinforces ...
Commissioner for Gender Equality Josie Christodoulou said this week that substantial equality between men and women in all areas of work is not only fair, but also necessary.
During a ...
For Australians managing their own super funds through an SMSF, investment strategy often centres on tax outcomes, autonomy, and long-term returns. But freight costs in SMSF portfolios are rarely considered ...
Residential properties in Cyprus sold under foreclosure in the final quarter of 2024 lost significant value, with six primary residences auctioned off at an average discount of 26.7 per cent from their ...
The Industrial Turnover Index in Cyprus continued its upward trend in February 2025, reflecting positive momentum across several key sectors of the economy.
According to data released, the index reached 130.4 units, ...
Limassol businesses are still grappling with staffing shortages, rising costs and red tape, according to the latest business barometer published this week by the Limassol Chamber of Commerce and Industry (...
Volkswagen’s premium brand Audi on Monday kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue rose 12.4 per cent ...
With market momentum gradually returning, investors are once again turning their focus to early-stage projects with long-term potential. One name climbing the radar is Mutuum Finance (MUTM) — a DeFi protocol ...