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.
Tesco (TSCO.L), Britain’s biggest retailer, said this week it would raise store workers’ hourly pay by 9.1 per cent, in a move that reflects the increase in the government-mandated ...
TLDR
BTC bulls expect rallies above the $80,000 range.
$RBLZ is set to increase dramatically over the upcoming term.
Bitcoin (BTC) set a new historic high against the euro and the ...
The crypto market is experiencing a significant upturn, led by Solana’s impressive surge, positioning it closer to historic highs and narrowing the gap with its nearest competitor, BNB. This ...
The fourth quarter of 2023 witnessed a notable surge in Cyprus’ overall employment, recording a 1.1 per cent increase compared to the same period in 2022.
According to data released this week by ...
Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year.
In addition, ...
By Theodoros Zachariadis
The European Union adopted the European Climate Law (Regulation (EU) 2021/1119) in 2021, which requires the EU to reach net zero emissions in 2050 – that is, if emissions still exist, ...
European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming months as inflation in the eurozone falls faster than they had anticipated.
...
Target (TGT.N) on Tuesday reported higher holiday-quarter earnings on a smaller-than-expected sales decline and predicted that annual comparable sales would come in largely above Wall Street expectations, sending its ...
Chinese-founded fast-fashion company Shein is set to face stricter EU online content rules after reporting a huge number of users, joining a group of companies that includes Meta Platforms META....
Microsoft MSFT.O said on Friday that hackers linked to Russia’s foreign intelligence were trying again to break into its systems, using data stolen from corporate emails in January ...
The Cyprus Shipping Chamber (CSC) on Friday condemned the Houthi missile attack on the commercial vessel True Confidence, which resulted in the death of three crew members and the injury ...
Presidential candidate Donald Trump raised concerns about banning TikTok ahead of a vote next week by the U.S. House of Representatives that would give TikTok owner ByteDance about six ...
The Cyprus general government recorded a surplus of €455.9 million in January 2024, equivalent to 1.4 per cent of the GDP, according to the preliminary fiscal results released on Friday by the Statistical ...
This article dives into the current crypto scene, exploring the contrasting fortunes of Dogecoin (DOGE), Ripple (XRP), and the red-hot newcomer, Algotech (ALGT). Get ready for a wild ride!
Dogecoin (...
Cyprus has been ranked at a lowly 37th place in terms of the best EU Countries for women’s career progression, according to a study conducted by analysts at Claims....
The unemployment rate in Cyprus fell to 5.9 per cent of the labour force during the fourth quarter of 2023, marking a significant decrease from 6.9 per cent in the same period of 2022, ...
The price of fresh vegetables saw a substantial increase of 26.5 per cent in February, when compared to the previous month, according to a report by the Cyprus Consumer Association released ...
Minister of Energy, Commerce, and Industry George Papanastasiou on Friday addressed the ‘Cyprus Conference on Competition Law‘, which sought to examine the key trends and developments in this area.
During ...
In commemoration of International Women’s Day 2024, consulting and advisory firm PwC Cyprus shared two studies, the Women in Work Index and Inclusion Matters, shedding light on the persistently sluggish ...
Many companies have moved from the old method of conducting business to making use of the potential that digital ecommerce presents in today’s digital marketplace. The main obstacle in ...
Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year.
In addition, ...
Cyprus, with its strategic location at the crossroads of Europe, Asia and Africa, has long been an attractive destination for individuals looking to expand their professional horizons. Whether you’re ...
TLDR
Arweave (AR) experienced price volatility, hitting a peak of $91.07 in November 2021 but entering a downtrend in 2022 and early 2023. Positive developments, including a $30 million investment in August and September 2023, led ...
The Cyprus Registry marked its 60th anniversary of participation in global shipping activities earlier this week, highlighting its journey towards becoming a key player through a strategy focused on responsible ...