#business

Brussels has opened a new antitrust investigation into Meta Platforms over its rollout of artificial intelligence features in WhatsApp, the European Commission said on Thursday, reflecting rising scrutiny of Big ...

Inflation in Cyprus turned negative in November, with the Consumer Price Index (CPI) falling by 0.5 per cent year on year, according to the state statistical service (Cystat). The index decreased ...

EMBIO Diagnostics has entered a strategic partnership with international basketball player Sasha Vezenkov, who joins the Cyprus-based deep-tech company as both an investor and brand ambassador for its airbeld indoor ...

National Bank of Greece (Cyprus) has appointed Michalis Athanasiou as Chief Business Officer, in a move that strengthens its management team during a period of dynamic growth and strategic upgrading ...

Net new loans in Cyprus fell by €18.5 million in October to €429.4 million, mainly due to a slowdown in lending to companies, while housing loans continued to rise, according to data ...

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development ...

Gamification may have become one of the tech industry’s most overused buzzwords, yet very few have attempted to measure it as an investment category. According to Diana Barsukova, who ...

Safe Bulkers, which also maintains offices in Limassol and is led by owner and chief executive Polys Hajioannou, has authorised a new share repurchase programme of up to 10 million shares, ...

Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...

The financial system risks undermining global trade if it fails to adapt to the economy’s needs, with developing countries likely to suffer the most, the UN Trade and Development ...

British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves’ budget, and higher wages were improving affordability, mortgage lender Nationwide ...

Asia shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in global bond markets and cryptocurrencies abated. Bitcoin reclaimed the $90,000 ...

An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow ...

Euro zone inflation has delivered some “upside surprises” recently, raising some questions about the European Central Bank’s expectations for a dip early next year, the ECB’s chief economist ...

The number of registered unemployed reached 10,924 persons at the end of November, according to figures released on Wednesday by the Statistical Service (Cystat). This represents an annual decrease of 163 people, ...

The turnover value index for services and transport in Cyprus recorded broad increases in the third quarter of 2025 compared to the same period of 2024, according to the statistical service (Cystat). ...

Cyprus plans to complete a review of rents across the country’s 19 industrial and craft zones, the Interior and Commerce ministries told MPs, saying the aim is to set fair ...

Cyprus’ legal and accounting bodies have reiterated their concerns over a government proposal that would allow the tax department to seal business premises for serious non-compliance, saying the measure is ...

Cyprus’ UW Group has joined the Green Award programme as its newest Incentive Provider, further strengthening efforts to promote cleaner, safer and more efficient maritime operations. The group, operating through ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis travels to Brussels on Wednesday to take part in Thursday’s meeting of EU transport ministers, where discussions will centre on global measures for ...

Cyprus’ AKTI Project and Research Centre has launched a fire-restoration initiative in the Laona region of Limassol, supported by Chevron Cyprus, after the July 2025 wildfires. The area, which relies on ...

Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S....

Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...

Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports. In its announcement, the company said that “for the ...