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.
Success was declared during drilling for natural gas in the “Kronos 2” reservoir in block six of Cyprus’ Exclusive Economic Zone (EEZ) on Friday, with the flame above the reservoir having ...
U.S. edutech platform Coursera (COUR.N), opens new tab added a new user every minute on average for its artificial intelligence courses in 2023, CEO Jeff Maggioncalda said on Thursday, ...
A new batch of U.S. bitcoin exchange-traded funds (ETFs) has attracted strong investor interest, though it is unclear if they will be able to maintain the pace of inflows ...
Barclays CEO C.S. Venkatakrishnan is looking to use the lender’s first investor day in a decade to show shareholders it can replicate the success of its investment bank ...
According to the annual data published by Eurostat, the EU exported 32.1 million tons of waste to third countries in 2022, marking a 3 per cent decrease from 2021. Concurrently, waste imports to the ...
Alphabet’s (GOOGL.O), opens new tab Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outlined ...
The Cyprus Aviation Association that will be operating under the Cyprus Chamber of Commerce (Keve) was officially launched on January 15.
The Association aims to enhance collaboration among members, promote unity, ...
The European Commission said on Thursday it had send requests for information under the EU’s Digital Services Act (DSA) to 17 tech companies that it regards as very large online ...
According to the Cyprus Statistical Service (Cystat), the prices of construction materials show a small increase. The Construction Materials Price Index for 2023 recorded an increase of 2.91 per cent per compared ...
Cyprus is among the top European Union countries in car ownership, with 658 passenger cars per 1,000 inhabitants – an increase of 19.85 per cent over the past decade – according to the latest Eurostat ...
Apple (AAPL.O), opens new tab ended Samsung Electronics’ (005930.KS), opens new tab 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, ...
World stocks and bonds took a hit on Wednesday as central banks pushed back against interest rate cut bets, while signs of a patchy economic recovery in China drove shares ...
Renault (RENA.PA), opens new tab on Wednesday reported a 9 per cent increase in annual global sales volumes for 2023, returning to growth after four consecutive years of decline and the ...
Cyprus Statistical Service (Cystat) reported a 20.1 per cent increase in total tourist arrivals for the year 2023 compared to the previous year, which marked the third-best year on record after 2018 and 2019. ...
A deadline for registering ultimate beneficial owners (UBOs) for all companies has been re-extended on Wednesday, according to a decision by the department of the registrar of companies.
The deadline ...
The United States on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups, while business chiefs warned that disruption to shipping in the Red Sea caused by ...
Schibsted (SCHA.OL), Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with ...
A “new” electricity generator delivered to the north by Turkish energy company Aksa is actually 25 years old, it has been claimed.
The generator is due to be installed at the ...
OPAP Cyprus announced the departure of its Chief Executive Officer, Dimitris Aletraris, effective as of January 16, 2024.
Management duties in the gaming company will be performed by Alexandros Davos, Chief Commercial ...
Cyprus showed a decline in loan applications by both businesses and households, in the third quarter of 2023. This was influenced by strict Eurozone policies and rising interest rates, according to ...
Hotels and leisure centres that usually close during the off-season can now stay open and provide training for their employees, thanks to a new government plan.
This programme covers two ...
Welcome to the shadowy corners of the internet where anonymity reigns supreme and transactions occur beyond the reach of conventional search engines. Today, we’re diving deep into the psychological ...
Oil prices rose by around 1 per cent on Tuesday, as investors weighed the impact of tensions in the Middle East.
Brent crude futures gained 81 cents, or about 1.04 per cent, to $78.96 ...
Businesses highly prioritise candidates with advanced soft skills, said Irina Karpova, the head of recruitment at a leading Fintech company in Limassol.
Karpova said that securing individuals who align with ...