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.
Commodities prices slid on Thursday, led by silver, part of a broad market sell-off as investors reversed an earlier rush for hard assets after global geopolitical tensions eased.
Silver tumbled ...
Activity in Britain’s services sector grew strongly in January and confidence rose, a survey showed on Wednesday, but firms also reported a jump in their prices, a potential concern ...
Britain will work with Microsoft, academics and experts to develop a system to spot deepfake material online, the government said on Thursday, as it moves to set standards for tackling ...
Shell missed fourth-quarter profit expectations on Thursday with an 11 per cent drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme.
Shareholders ...
Ripple (XRP) has long been viewed as a beginner-friendly asset thanks to its liquidity, brand recognition, and established role in cross-border payments. However, in 2026, analysts suggest that XRP’s large ...
Inflation in Cyprus recorded mild annual growth in January 2026, while consumer prices edged slightly lower on a monthly basis, according to the state statistical service (Cystat).
According to the Harmonised ...
Cyprus’ Industrial Turnover Index rose in November 2025, pointing to stronger activity across most industrial sectors and confirming sustained expansion in manufacturing and quarrying.
According to the statistical service (Cystat), the ...
Cyprus remained a country of homeowners in 2024, with 69.4 per cent of residents living in their own property and 30.6 per cent renting, according to new Eurostat figures released on Thursday.
That ...
Eurobank supported the 19th Supply Chain, Logistics Conference and Exhibition held in Nicosia this month, where sustainability, digitalisation and artificial intelligence (AI) were presented as key elements shaping the future ...
Net new lending in Cyprus accelerated sharply in December, as borrowing activity strengthened at the end of the year while interest-rate movements diverged across loan categories, Central Bank of Cyprus (...
Cyprus’ investment landscape gained a new institutional link this week after CFA Society Cyprus signed a memorandum of understanding (MoU) with Invest Cyprus, establishing a strategic partnership aimed at strengthening ...
Famagusta district is stepping up efforts to widen its visitor base and lengthen the season beyond summer, with families and older travellers now a central focus, according to local tourism ...
The 5th Digital Cooperation Organisation General Assembly opened on Wednesday in Kuwait, bringing together ministers, international organisations and technology leaders to shape global digital cooperation in the age of artificial ...
Entrepreneurship as a bridge for cooperation was placed firmly at the centre of discussions in Nicosia this week, as Sir Stelios Haji-Ioannou outlined the vision, philosophy and long-term development of ...
Danish brewer Carlsberg on Wednesday reported a forecast-beating 5 per cent rise in full-year operating profit, but warned it did not expect any improvements in a stubbornly difficult consumer environment.
The ...
Sweden-based Volvo Cars sold 177,830 cars in the November-January period, down 7 per cent from the same period a year earlier, it said on Wednesday.
Volvo Cars, which is majority-owned by China’...
Nvidia is nearing a deal to invest roughly $20 billion in OpenAI as part of its latest funding round, a person familiar with the matter told Reuters on Tuesday.
ChatGPT maker ...
As 2026 progresses, high-growth investors are narrowing in on a short list of assets that balance market credibility with upside potential. Solana (SOL) and Binance Coin (BNB) continue to attract capital ...
UK grocery inflation eased to 4 per cent in the four weeks to January 25, the lowest level since April last year, providing some relief to shoppers, data from market researcher Worldpanel ...
The Cyprus Borrowers Association, known as Syprodat, on Wednesday called for decisive intervention to ensure interest rate cuts are passed on more fairly to borrowers, while urging stronger safeguards against ...
Cyprus is entering 2026 with a rising momentum in company formations, an upswing that reflects more than just a statistical anomaly. Throughout 2025, the Cyprus Registrar of Companies recorded an impressive 18,858 new ...
Inflation in Cyprus rose to 1.7 per cent in January 2026 from 0.1 per cent in December, according to data released on Wednesday by Eurostat, while inflation in the euro area slowed to 1.7 ...
Registered unemployment in Cyprus eased slightly in January, according to official data, pointing to a gradual improvement in labour-market conditions despite the seasonal pressures typically seen at the start of ...
Greek retailer Jumbo Group outlined its long-term strategy and updated investors on sales performance and capital allocation plans ahead of a general meeting of shareholders scheduled for Wednesday.
The meeting, ...