#business

Global airline body IATA is expecting an industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said were “unacceptable” difficulties in ...

Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers themselves are grappling with how to prevent abuse of novel ...

Europe’s Airbus (AIR.PA), Thales (TCFP.PA), and Leonardo (LDOF.MI), are exploring plans to set up a new joint space company as they look to compete with Elon ...

The Bank of Cyprus on Friday announced that it has “swiftly reacted to the European Central Bank’s (ECB) latest decision to cut interest rates,” announcing a reduction in the ...

S&P Global Ratings this week downgraded chipmaker Intel Corp’s (INTC.O) credit rating to ‘BBB’ from ‘BBB+’, on slow business recovery and uncertainty following management changes. The ...

London’s Canary Wharf district will borrow 610 million pounds ($777 million) from US investment giant Apollo (APO.N) to repay bonds due over the next two years, raising its funding costs ...

General Motors (GM.N) announced that it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest US automaker which had made ...

All new buildings across the European Union must achieve zero emissions by 2030, while public buildings face an even tighter deadline of 2028. This ambitious plan forms part of the EU’s ...

More than 800 students from schools across Cyprus participated in a series of lectures and talks organised by the Cyprus Securities and Exchange Commission (CySEC), aimed at enhancing financial literacy among ...

The Bank of Cyprus on Friday announced that it has “swiftly reacted to the European Central Bank’s (ECB) latest decision to cut interest rates,” announcing a reduction in the ...

Cyprus unveiled an ambitious aviation strategy during an event held on Thursday by the Mediterranean Flight Safety Foundation (FSF-MED) in Nicosia. At the event, Transport Minister Alexis Vafeades outlined plans ...

President Nikos Christodoulides presented a roadmap for economic growth and resilience during his address at the Cyprus Chamber of Commerce and Industry (Keve) annual general meeting in Nicosia on Thursday ...

S&P Global Ratings has upgraded the long-term issuer credit rating of Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from ‘B’ to ‘B+’. According to the ...

CEO and co-founder of Ask Wire, Pavlos Loizou, is transforming real estate analytics in Cyprus and Greece with over 20 years of experience in valuation, asset management and strategy. Through tools ...

President Nikos Christodoulides on Thursday reiterated the government’s commitment to bolstering Cyprus’ construction and real estate sectors. Christodoulides’ comments were delivered during his speech at the annual general assembly ...

Britain’s housing market strengthened further in November although uncertainty over the economic outlook could curtail activity in the months ahead, according to a survey on Thursday from the Royal ...

Britain’s Financial Conduct Authority is promising millions of people help with their pensions under new proposals that include offering access to free, targeted support to allow consumers to make ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday called for “bold decisions and substantive measures across nearly all sectors of the economy to sustain the country’s developmental ...

Britain on Thursday outlined details of an overhaul to its planning system to help boost growth and hit a target of 1.5 million new homes in the next five years, including ...

The ECB has cut interest rates by a quarter point. It also kept the door open to further easing ahead as inflation closes in on its goal and the economy ...

Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism stemming from rising expectations of a US interest rate cut. Brent ...

The Cypriot economy showed robust growth across key sectors during January-October 2024, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The report showed that manufacturing output ...

Andreas Poullikkas, has drawn attention to the pivotal roles of the Henry Hub (HH) in the United States and the Title Transfer Facility (TTF) in Europe in shaping global natural ...

Bank of Cyprus has introduced the QuickPay QR Code, a new feature enabling customers to send and receive payments quickly and securely through the BoC Mobile App using only their ...