Business

The ​global personal luxury goods market is showing signs of a recovery in the ‌second quarter, despite the war in the Middle East, as demand in the US was stronger ...

By Andreas Charalambous and Omiros Pissarides For decades, the trajectory of the global economy was built on the deepening of trade and other cross‑border linkages. Trade barriers were declining, ...

Businesses across Cyprus, as well as other regions across the world, are bracing for a sharp rise in software expenses as Microsoft prepares to implement significant price increases from July 1, 2026. ...

Here are the top business stories in Cyprus from the week starting June 22: Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to ...

By Nick Valiotti A CFO at a growing company asks a straightforward question on Monday: “What is the customer churn rate?” One figure comes back. Great. But by Thursday the ...

Energy consumption across the European Union services sector climbed to 4,971 petajoules in 2024, according to the latest data released by Eurostat. This figure marks a slight rise from the 4,886 petajoules recorded ...

South Korean content generated 12.1 billion hours of viewing on Netflix worldwide between April 2025 and March 2026, making it the most-watched content origin outside the United States, according to new analysis from ...

Hotel bookings in Cyprus are gradually improving after months of disruption linked to the crisis in the Middle East, but the sector is still facing an average loss of around 20 ...

The adoption of artificial intelligence tools is already leading to a reallocation of jobs within the United States labour market, according to new research published by the European Central Bank (...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The European Union maintained stable petroleum oil imports during the first quarter of 2026 when compared to the monthly average recorded throughout 2025, according to a report from Eurostat. The value of ...

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign ‌of early progress for an experimental industry backed by Elon Musk’s SpaceX (SPCX.O) ...

Generative AI use is spreading quickly among French mid-sized companies, but most have yet to report ​clear productivity benefits, according to a survey by ‌state-backed investment bank Bpifrance. Bpifrance said ...

A majority of US consumers now say they would prefer to buy a home rather than rent or move in with family, the ​first time since 2023 that sentiment has favored ...

The European Union saw a notable increase in the consumption of mineral fertilisers throughout 2024, according to Eurostat, as agricultural producers applied a total of 9.8 million tonnes of nitrogen and phosphorus ...

The European Central Bank (ECB) released its Consumer Expectations Survey on Friday, showing that median inflation expectations for the next 12 months dropped significantly during May. Consumers’ inflation expectations for the ...

Most traders who blow up their first live account were profitable on demo. That gap does not come from a flawed strategy — it comes from everything strategy alone cannot teach. ...

Tototheo Global joint chief executive officer Despina Panayiotou Theodosiou on Friday announced her candidacy for election to the board of governors of the International Propeller Club, Port of Piraeus. In ...

Elbridge Investments (Cyprus) Limited announced on Friday the payment of interest for bonds bearing the ISIN code CY0148711019 for the period spanning April 01, 2026, to June 30, 2026. The interest rate for this ...

Construction material producer Kythreotis Holdings has warned that its results for the first half of 2026 are expected to be significantly lower than those recorded in the same period last year, ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The Cyprus Stock Exchange (CSE) announced on Friday that Interfund Investments Plc shares will be moved from the surveillance market back to the alternative market. This shift comes as the ...

SquareOne has launched Zoia, a 147-apartment residential project in Kato Polemidia, placing its bet on one of Limassol’s most rapidly changing pockets, where an old military site is being ...

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield ...