#business

Chanel has bought a 25 per cent stake in high-end Swiss watchmaker MB&F, known for its quirky watch designs, the French luxury house has announced, adding it was part ...

Eurobank has announced the new board members it will propose for Hellenic Bank ahead of the general assembly scheduled for September 18. According to the proposal, Petros Christodoulou is set to ...

The Althaia barge, a new floating cold ironing unit powered by compressed biomethane, was recently launched at Limassol port, as part of the BioCNG-to-CI project. This initiative, which took place ...

Cyprus has seen its debt-to-GDP ratio drop to 72.3 per cent, marking a substantial decrease of nearly 10 percentage points over the past year. According to a report released on Friday from ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has withdrawn the registration of the ‘Investment Compartment – Real Estate (RAIF76_1)‘, under RAIF Prime Property Services P.P. RAIF ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued an urgent warning regarding the existence of fraudulent websites that are falsely claiming to be associated with the regulatory body. ...

Oil prices were little changed on Friday but on track to end the week lower, as weaker US employment data raised concerns over demand, and renewed ceasefire talks in Gaza ...

Lebanon’s acting central bank governor has said that his institution was still striving to prevent being placed on a “grey list” of countries under special scrutiny by a financial ...

The price of 27 out of 45 products monitored by the Cyprus consumer protection service increased in July, according to the latest price observatory report. According to the service, the biggest rises ...

British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going into the ...

US company executives are talking much more about the upcoming presidential election than they did four years ago as a wider policy rift between candidates Kamala Harris and Donald Trump ...

Hoteliers in Famagusta are optimistic that occupancy levels will be similar to those in 2023, with current rates for July and August standing at 85 to 95 per cent. Panayiotis Constantinou, President of ...

PwC Cyprus partner and telecoms lead Nicos Theodoulou on Thursday highlighted key strategies for telecom leaders to remain competitive amid rapid industry changes in the   “Digital connectivity is more important ...

Eurozone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central Bank this year. ...

Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in US fuel inventories provided a floor. ...

Neapolis University Pafos (NUP) on Thursday announced the establishment of the Jean Monnet Centre of Excellence AI-2-Trace-Crime, a project supported by the European Union. According to the announcement, this ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a warning to the public regarding false and misleading posts circulating on social media and other online platforms. These posts, ...

The price of 27 out of 45 products monitored by the Cyprus consumer protection service increased in July, according to the latest price observatory report. According to the service, the biggest rises ...

Cypriot banks have nearly eliminated their borrowing from the Eurosystem through Targeted Longer-Term Refinancing Operations (TLTROs), with the latest data from the Central Bank of Cyprus (CBC) showing repayments totalling €2.6 ...

Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are increasingly popular. Instant payments allow credit ...

Britain’s government again borrowed more than expected last month, according to official data released on Wednesday that highlighted the tight financial backdrop for new finance minister Rachel Reeves as ...

British upmarket supermarket group Waitrose plans to invest 1 billion pounds ($1.30 billion) in new and existing shops over the next three years, it said on Wednesday. The chain, part of the ...

Shares of Trump Media & Technology Group (DJT.O), which is majority-owned by former US President Donald Trump, sank to record lows this week, following the Republican presidential candidate’s ...

Warm weather and household buying ahead of summer holidays accelerated sales growth at UK supermarkets in August, although No. 3 player Asda continued to struggle, industry data showed on Wednesday. Market ...