#business

As Wall Street’s expectations have rapidly shifted toward an imminent end to the Federal Reserve’s effort to shrink its bond holdings, some analysts also anticipate a return to ...

Barclays will buy US personal loan originator Best Egg for $800 million, the British bank said on Tuesday, as it tries to add scale in its personal banking business in the ...

Britain’s financial markets watchdog on Tuesday confirmed that it will stop publishing the identity of stock market short sellers, as it set out details of a revised framework aimed ...

Amazon (AMZN.O) is planning to cut as many as 30,000 corporate jobs beginning yesterday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, ...

British retailers cut their prices in October, led by the biggest drop for food in almost five years, industry figures showed, offering a bit of relief to households before Halloween ...

Oil prices fell 2 per cent on Tuesday, marking their third day of declines as investors assessed the effect of US sanctions on Russia’s two biggest oil companies along with ...

The Zubr Capital Young Hackathon brought together university students from across Cyprus for a one-day startup competition that focused on creating practical business solutions. The event, organised by investment firm ...

The Leptos Group is a leading organisation in land and building development and real estate, as well as travel and tourism, healthcare and education, with a success history of 65+ years. ...

The Women’s International Shipping and Trading Association (WISTA International) and BIMCO, the global trade association representing 64 per cent of the world’s tonnage, have signed a Memorandum of Understanding (...

Cyprus, one of Europe’s leading maritime nations, continues to strengthen its role in the continent’s decarbonisation drive, with Philippos Philis, CEO of Lemissoler Group and former president of ...

Paphos businesses expressed strong concern over bureaucracy, stalled development projects, and high energy costs at the annual general assembly of the Paphos Chamber of Commerce and Industry (Evel). During the ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for an urgent and substantial reform of the bank’s governance model, arguing that the current structure is obsolete and ...

Cyprus’ property market has entered 2025 with renewed confidence and a sense of maturity. What began as a post-pandemic recovery has evolved into a steady, data-driven expansion fuelled by foreign investment, ...

Safe Bulkers Inc., the New York Stock Exchange-listed shipping company led by CEO Polys Hajioannou, held its 5th annual scholarship award ceremony last week, at its Limassol offices, reaffirming its ...

Larnaca is experiencing a remarkable boom in tourism-related development, with dozens of new projects under way or awaiting approval, reflecting its growing appeal among both domestic and foreign investors. According ...

Eurobank’s board of directors has called shareholders to an extraordinary general meeting on December 3, 2025, to approve the merger of Eurobank S.A. with Eurobank Holdings S.A. through absorption ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced the establishment of the nation’s first-ever Business Association of Sports (BAS Cyprus). According to the chamber, “BAS Cyprus ...

The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from external shocks and its strategic location. Yet, the demands of the modern global ...

Piraeus Bank has been upgraded to the investment-grade rating of ‘BBB-‘ by Fitch Ratings, marking a significant development as the bank is now assessed at investment grade by three of ...

The European Central Bank will likely keep rates on hold again on Thursday as traders waver on whether it will resume easing next year. Renewed US-China trade tensionsprompted caution in ...

The Cyprus Securities and Exchange Commission (CySEC) announced this week that the external manager of HUBDOX FUND RAIF V.C.I.C. LTD has initiated a procedure for the fund’...

German business morale rose in October, a survey showed this week, though trade woes continued to cast a pall over Europe’s largest economy. The Ifo institute said its business ...

British manufacturers are investing the least in new equipment relative to their sales since 2017, according to a report from trade body Make UK, which urged the government to streamline tax ...

The Central Bank of Cyprus (CBC) announced on Monday that it is renewing the deadline for individuals and legal entities to submit requests for reduced legal expenses related to bank ...