Business

Uber launched a takeover bid for Delivery Hero on Thursday, giving the German ​firm a $14.8 billion equity value in a move that would create the largest food-delivery group outside China ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday welcomed Parliament’s approval of legislation establishing the Cyprus Business Development Organisation, describing the move as a major reform that ...

The National Bank of Greece this week announced the purchase of 1,295,013 own shares between July 07, 2026 and July 14, 2026 for a total cost of €20,193,840.73. The bank acquired these shares at a weighted ...

The International Monetary Fund (IMF) has warned that the global oil market is facing severe risks as crucial shock absorbers are rapidly depleting following the recent conflict in the Middle ...

In 2018, Cynt Marshall walked into a job she barely understood. She had agreed to meet with Mark Cuban, then the owner of the NBA’s Dallas Mavericks, about becoming the ...

Men in Cyprus expected to work over 5 years longer than women Cyprus recorded one of the European Union’s longest expected working lives in 2025, with people aged 15 and over projected ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by ...

Cyprus’ betting market continued to expand during the first quarter of 2026, with total gross revenue from Class A and Class B operators rising by 12 per cent year-on-year to €360.1 million, according ...

Artificial intelligence is no longer a technological trend observed from a distance, but a reality already transforming the way people work, do business, create and make decisions, according to Matina ...

Sea water at Geroskipou’s Blue Flag beaches has been classified as being of excellent quality, the municipality announced on Thursday. The announcement followed laboratory testing carried out by the ...

Greek retail group Jumbo maintained its outlook for 2026 this week, forecasting sales growth of around 5 per cent and net profit of between €310 million and €320 million, after sales recovered following the ...

The European Union’s attempt to tighten restrictions on Russian LNG shipping has run into resistance from Greece, opening a new dispute over whether sanctions are weakening Moscow or simply ...

The Cyprus Stock Exchange (CSE) announced on Thursday a forthcoming change to the composition of the Emerging Companies Market Index, which serves as a benchmark for the market. Specifically, the ...

Retirement in Europe comes with no common safety net. A pensioner in one member state may be expected to live on little more than €250 a month, while in Luxembourg somebody ...

DP World Limassol, the operator of the Limassol port’s general cargo and cruise terminal, has donated €1,000 to support the Cyprus University of Technology (Tepak) Excellence Awards, strengthening a long-term ...

Petronav Ship Management Ltd, the Limassol-headquartered vessel management arm of Island Oil Holdings, has supported the Cyprus Shipping Chamber’s (CSC) Adopt a Ship programme over the years, connecting its ...

The governments of Cyprus and Lebanon, as well as the World Bank, on Thursday agreed to prepare a preliminary feasibility study regarding the possibility of the connection of the two ...

Demetra Holdings announced this week that it has renewed its share buyback programme following the necessary authorisation from shareholders. According to the announcement, the company secured this approval during its ...

The Cyprus Stock Exchange (CSE) announced on Thursday the suspension of trading for the 13-week treasury bills, 4th issue, series 2026, from July 21, 2026, until July 23, 2026, inclusive. This measure applies to the ...

Cyprus has tabled a long-delayed package of four banking reform bills in parliament, seven months after the European Union deadline for transposing the bloc’s updated banking directive into national ...

Moody’s Ratings has cut its forecast for Israel’s economic growth in 2026, warning that fragile ceasefires and continued geopolitical uncertainty are weighing on the country’s recovery and public ...

Home to some of Europe’s most spectacular beaches, Protaras has long been one of Cyprus’ most sought-after destinations for those dreaming of owning a holiday home by the sea. ...

It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a ...

The association of Cyprus tourist enterprises (Stek) on Wednesday said a recent Audit Office report has confirmed its long-standing concerns over short-term holiday rentals, renewing calls for a comprehensive overhaul ...