#business

Britain’s economy will see a dramatic decline in job opportunities, particularly at the entry level, the boss of fashion retailer Next (NXT.L) said on Thursday, partly blaming Labour ...

Low-cost carrier Wizz Air on Thursday announced it has reached 10 million passengers to and from Cyprus and marked the fifth anniversary of its base in Larnaka. According to the announcement, ...

The Bank of England kept rates unchanged on Thursday and said it was slowing the pace of its quantitative tightening programme and skewing sales away from long-dated gilts to minimise ...

Demetra Holdings Plc on Thursday announced the repurchase of its own shares through the Cyprus Investment and Securities Corporation Ltd. During the session on September 17, 2025, Demetra Holdings acquired 3,000 of its ...

Cyprus was the only European Union country to record zero year-on-year inflation in August 2025, according to official data published this week by Eurostat. The country stood out at a time ...

Cyprus’ construction materials price index posted a year-on-year increase of 1.17 per cent in August, according to figures released on Thursday by the statistical service (Cystat). Specifically, the construction materials price ...

The Bank of Cyprus (BoC) this week announced the results of its cash offer to holders of its outstanding €300 million Fixed Rate Reset Tier 2 Capital Notes due October 2031. According to ...

The economic impact of foreign investment in Cyprus’ private healthcare sector took centre stage at the 8th Cyprus Healthcare Conference this week, which was organised by Ygia Polyclinic Private Hospital. ...

Cyprus has been placed at the centre of Europe’s tax policy debate following a two-day visit by a delegation from the European Parliament’s Subcommittee on Tax Matters (FISC). ...

The Association of Cyprus Banks (ACB) has asked for the declaration process for the supplementary tax to be made simpler. Their comments were submitted as part of the public consultation ...

The Bank of Cyprus on Thursday announced that it is organising an informational open day for the BoC Fintech Hackathon 6.0, which will take place remotely on September 23, 2025, at 5:30 PM. The ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou is travelling to India today for a two-day working visit from September 18 to September 19. According to an announcement released on ...

Shipping faces a decisive moment as the International Maritime Organisation (IMO) prepares to vote in October on its Net-Zero Framework (NZF), a legally binding package designed to cut greenhouse gas ...

Tourist arrivals in Cyprus reached 602,026 in August 2025, marking an increase of 8.5 per cent compared with 554,923 in August 2024, the Cyprus Statistical Service (Cystat) reported on Wednesday. For the period from January ...

Cyprus-based Columbia Group expects dual-fuel ships to define the next decade of shipping, arguing that the absence of a scalable zero-carbon alternative leaves LNG-powered vessels as the industry’s most ...

Cyprus Seeds has released its latest newsletter, recapping a series of milestones and partnerships that underline its growing role in advancing research-based innovation in Cyprus. In March 2025, the organisation was ...

Cyprus has launched a public consultation on a draft bill to modernise and strengthen rules governing mergers and business concentrations. The Competition Protection Commission said the draft, titled ‘the Control ...

Minerva Insurance Company Public Ltd this week announced that it will review and approve its preliminary results for the first half of 2025 at a board meeting scheduled for Tuesday, September 30, 2025. ...

Nestle investors and analysts view the early departure of the Swiss company’s chairman, Paul Bulcke, as a chance for fresh leadership to accelerate growth and address lagging units and ...

British inflation in August held at 3.8 per cent, official data showed on Wednesday, the highest among major advanced economies and reinforcing expectations that the Bank of England will not cut ...

Cyprus has been ranked among the top countries worldwide for innovation in the Global Innovation Index (GII) 2025, released by the World Intellectual Property Organisation (WIPO). The island climbed two places ...

Oil prices eased on Wednesday, after rising more than 1 per cent in the previous session, though ongoing geopolitical jitters provided a floor for the market, with traders eyeing an expected ...

Research and Innovation Foundation (RIF) director general Theodoros Loukaidis described the European Researchers’ Night, returning for the 19th year in Cyprus under the title “Mission Possible: The Sequel”, as an ...

Tourist arrivals in Cyprus reached 602,026 in August 2025, marking an increase of 8.5 per cent compared with 554,923 in August 2024, the Cyprus Statistical Service (Cystat) reported on Wednesday. For the period from January ...