Business

Sterling was heading for its best weekly performance in over three months on Friday, in a sign of relief among investors after British finance minister Rachel Reeves revealed her long-awaited ...

Foreign investment in Cyprus banks confirms global confidence in the island’s banking system and, by extension, in the dynamics and stability of the Cypriot economy, governor of the Central ...

Here are the top business stories in Cyprus from the week starting November 24: For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic ...

Logicom Public Ltd reported a significant increase in profit attributable to shareholders for the first nine months of 2025, rising by 25.8 per cent to €32,069,630 compared with €25,497,710 a year earlier, according to ...

Euro zone inflation remains on a benign path, a raft of data indicated on Friday, supporting economists’ bets that it will hold around target for years to come and no ...

Germany’s Lufthansa wants to increase profitability at its core brand next year after it is set to return to the black this year, Lufthansa Airlines’ CEO Jens Ritter said ...

EU antitrust regulators will examine whether Apple’s Apple Ads and Apple Maps should be subject to the onerous requirements of the bloc’s digital rules after both services hit ...

President Nikos Christodoulides on Saturday outlined a series of government actions aimed at supporting the construction sector and strengthening the wider economy. Speaking at the annual general assembly of the ...

Cyprus will showcase its shipping capabilities at this year’s Marintec China, one of the world’s largest maritime exhibitions, taking place from December 2 until 5, in Shanghai. Held every two ...

By Ioannis Tirkides It is widely acknowledged by diplomatic observers and historians alike that the Conference on Cyprus held in Crans-Montana in July 2017 represented the high-water mark, the closest the ...

The International Air Transport Association (IATA) has warned that the European Parliament’s proposed overhaul of EU261 risks moving the bloc’s passenger-rights rules in the wrong direction, arguing that ...

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, ...

The Foreign Exchange (Forex) market is a critical pillar of global finance, but its accessibility to retail investors has created a confusing landscape. For many Cypriots seeking to understand online ...

Alphabet’s Google on Friday dropped its EU antitrust complaint about rival Microsoft’s cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should ...

Black Friday, the post-Thanksgiving shopping frenzy that attracts throngs of bargain hunters to stores, faces a paradox this year: record crowds are expected, but consumers’ appetite to spend has dropped ...

In 2025, as traders scour the market for the top cryptocurrencies with the greatest potential, Mutuum Finance (MUTM) has rapidly distinguished itself as a high-priority opportunity. Priced at just $0.035, MUTM has ...

Free cloud mining has become one of the fastest-growing ways to earn free Bitcoin daily in 2025, especially for users who don’t want to buy expensive hardware or pay massive ...

Introduction — Why compliance defines Bitcoin Cloud Mining in 2025 By 2025, the phrase “safe passive crypto income” no longer depends solely on ROI.Users—especially in the U.S., EU, and Asia—...

Cyprus intensified preparations for its EU Council Presidency in 2026 as Interior Minister Constantinos Ioannou wrapped up meetings in Stockholm this week, focusing on housing policy and civil protection. Ioannou held ...

Cyprus recorded slightly higher-than-average levels of online shopping in 2024, according to Eurostat data published on Friday, with more than six in ten people aged 16–74 ordering goods or services over the ...

The Index of Industrial Output Prices in Cyprus for October 2025 stood at 122.7 units, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat). The index remained ...

Cyprus’ betting market continued to expand in the second quarter of 2025, with total gross revenue from Class A and Class B operators rising by 4 per cent year-on-year to €298.1 million, the ...

Valentina Rzheutskaya, Executive Director of the Limassol-headquartered fintech Capital.com, set out a clear call for ethical, people-centred artificial intelligence during her keynote address at The Economist’s 21st Annual ...

Cyprus approved a legal amendment this week to cut VAT on the construction and renovation of buildings used for exempt educational services, reducing the rate to 5 per cent from 19 per ...