Business

Here are the top business stories in Cyprus from the week starting March 17: The Cyprus International Businesses Association (CIBA) has sent a letter to Finance Minister Makis Keravnos, raising a ...

In the closely watched sale of TikTok, the White House is playing the role of investment bank, with Vice President JD Vance running the auction. It is an unprecedented level ...

Tumbling stock markets and signs of tightening credit may make the Federal Reserve’s job even more difficult this week as US central bank policymakers try to weigh whether consumer ...

Alphabet (GOOGL.O) said this week it would buy Wiz for about $32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in ...

Crypto analysts are giving positive claims, suggesting that buying Ripple (XRP) at $2.47 or Mutuum Finance (MUTM) at $0.02 today could be like scooping up Ethereum (ETH) at $3 before its legendary rise ...

Bitcoin holders are known for riding long-term trends, but many are now exploring fresh opportunities outside of BTC. As the leading cryptocurrency hovers near key resistance levels, investors are scanning ...

Solana’s rapid growth has been one of the biggest stories in crypto over the past few years. Its price soared as developers and users piled into its fast, low-cost ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead. Speaking at a ...

Intel’s incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies, two people familiar with Tan’s thinking told Reuters, in a ...

The light-based internet project Taara is departing Alphabet’s “moonshot” incubator X and spinning off into an independent company.  Taara’s technology uses lasers to transmit data and is seen ...

Tech companies must start putting in place measures to protect users from child sexual abuse images and other illegal content in Britain from Monday as enforcement of its online safety ...

Ethereum (ETH), Pepe (PEPE), and Mutuum Finance (MUTM) are gaining massive traction as the crypto market heats up heading into April. With ETH trading at $1,907, its strong institutional adoption and ...

The EU should undertake a more active role in finding solutions to the challenges faced by the Great Sea Interconnector (GSI) project, Energy Minister George Papanastasiou said on Friday. The ...

Cardano (ADA) is facing increasing frustration from investors as development delays and slow adoption continue to weigh on its growth. Despite trading at $0.71, ADA has struggled to gain momentum, leaving ...

Deputy Minister of Shipping Marina Hadjimanolis attended the European Shipping Summit (ESS) this week, where she underlined the need to enhance competitiveness and inclusivity within European shipping. The event, held ...

Artificial Intelligence (AI) is transforming banking beyond our dreams. From automating routine tasks to enabling data-driven lending, AI is propelling the world banking industry towards increasingly greater levels of efficiency ...

CarVal Investors has further reduced its stake in the Bank of Cyprus, marking another significant divestment by the American investment fund. According to an announcement by the bank, CarVal has ...

Hermes Airports on Friday announced that it has successfully concluded the financing arrangements for the Phase 2 development projects at both Larnaca and Paphos airports. All necessary agreements with the financing ...

The Central Bank of Cyprus (CBC) and the European Stability Mechanism (ESM) on Friday hosted a high-level conference with the Cypriot economy at the heart of discussions. Specifically, the conference ...

Concerns were escalated in Parliament regarding the accessibility of ATMs for elderly residents in mountainous and other remote areas, who are forced to travel between villages to withdraw cash. This ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead. Speaking at a ...

The Cyprus University of Technology (Tepak) has signed a cooperation protocol with the National Documentation Centre (EKT) of Greece, strengthening ties and knowledge exchange between the two institutions. The signing ...

The environment department has given the green light to a €22 million high-rise building set to be constructed along the Limassol coastline. The proposed building, to be developed by by P....

The Bank of Cyprus has announced a new share buyback transaction as part of its ongoing repurchase programme. According to a statement issued on Friday, the bank acquired a total ...