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.
Here are the top business stories in Cyprus from the week starting April 8:
Minister of Agriculture, Maria Panayiotou, recently lauded the economic significance of the wine industry and unveiled plans ...
Almost half British firms plan to raise their prices over the coming year as they struggle with high wage bills, according to a survey that underscored why the Bank of ...
In the rapidly evolving landscape of technology and finance, Ethereum stands out as a captivating and promising concept for individuals and businesses alike. Functioning as a groundbreaking blockchain platform, Ethereum ...
JPMorgan Chase’s profit rose 6 per cent in the first quarter, although its shares dropped after the bank’s forecast for its income from interest payments came in below analysts’ ...
Energy, Commerce and Industry Minister George Papanastasiou and Japan’s Parliamentary Vice-Minister for Economy Taku Ishii on Saturday expressed the joint wish to renew discussions on strengthening economic and business ...
Understanding ETF liquidity is essential for investors looking to navigate the financial markets effectively. Liquidity impacts the ease and cost of trading ETFs, influencing investment decisions and portfolio performance. This ...
The highest-performing altcoin in the market, Solana (SOL), has experienced a significant decline over a single day of trading, alarming investors. This plunge caused concern after being noted as the ...
European Central Bank policymakers will discuss green monetary policy and their upcoming strategy review at a retreat in Ireland next month, where they will also pave the ground for a ...
Bitcoin’s creation by Satoshi Nakamoto revolutionized the financial world, introducing the concept of decentralized digital currency. Central to Bitcoin’s design is the halving, a process that reduces the ...
OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services ...
The interior ministry on Friday officially announced that elections for European Parliament and local government would be held on Sunday, June 9. The deadline to submit a candidacy was set for ...
Explore the dynamic world of ETF investment strategies, where passive and active approaches offer distinct paths to financial success. Understanding these strategies is essential for investors looking to navigate the ...
Portfolio diversification is a fundamental strategy for investors seeking to optimize their investment returns while managing risk. By spreading investments across different asset classes, investors can potentially achieve a more ...
A long journey of milestones, difficult moments, and achievements for the country’s largest financial institution was how the Bank of Cyprus described its 125-year history.
A vision that took ...
Financial emergencies often occur without warning. In turbulent economic times, having immediate access to funds is essential. Thanks to the evolution of technology and finance, there are numerous options available ...
Revenues from betting activity within Cyprus recorded an upward trend for another quarter, thereby confirming the dynamic and steady growth of the sector.
According to the financial results announced by ...
BBF, a leading residential and commercial developer in Cyprus, constantly invests in innovative solutions that put customers at the center of all operations.
Following the release of the bbf: 2024 project ...
In Q4 of 2023, two-bedroom apartments were the main attraction for buyers in Cyprus, according to Ask Wire‘s findings, which emerge from continuous monitoring of the development of 421 high-end projects ...
The Cyprus Statistical Service (Cystat) has announced the release on Friday, of its bimonthly bulletin, “Monthly Economic Indicators,” covering the period of January to February 2024.
Focusing on specific sectors, the ...
Amazon.com CEO Andy Jassy said the e-commerce firm sees opportunity to reduce costs in its fulfillment network, after trimming staff in a number of divisions over the recent months.
“...
Nike unveiled Olympic kits for the teams it sponsors on Thursday alongside athletes including Kenyan marathon star Eliud Kipchoge and British sprinter Dina Asher-Smith, betting that top athletes can help ...
The effects of climate change was one more challenge the tourism industry would have to cope with, said Christos Angelides, the president of the Pancyprian Association of Hotel Managers (Pasydixe).
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Stocks and the euro were steady ahead of an European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers triggered the biggest global market selloff in months and ...
In March 2024, total government employment in Cyprus reached 54,751 persons, as reported by the Cyprus Statistical Service (Cystat). Within this total, 23,208 individuals were employed in the Civil Service, 17,617 in the Educational ...