#business

Major banks are planning to sue the US Federal Reserve over the annual stress tests conducted by the regulator, CNBC reported on Tuesday, citing a source familiar with the matter. ...

Euronext said on Tuesday it was experiencing an issue in calculating closing prices for cash instruments and would manually update those prices for the assets that had been affected. “Euronext ...

Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the Economics Research Centre (CypERC) at the University of Cyprus, recorded an annual increase of 1.2 per cent in November 2024. This marks the ...

The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement ...

Blackbook Agency founder and managing director Eleftheria Voskaridou spoke with the Cyprus Mail about the future of marketing and the key trends shaping the industry in 2025. With nearly two decades ...

Businesses in Limassol report little change compared to a year ago, according to the autumn 2024 business barometer. While optimism has improved slightly, labour shortages, rising costs, and Environmental, Social, and ...

Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed, adding to signs of a slowdown that has ...

The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International. The ...

The value of wholesale trade activities in Cyprus saw an increase in the third quarter of 2024 compared to the same period last year, according to the state’s statistical service. ...

The Cyprus Securities and Exchange Commission (CySEC) disseminated this week an announcement from the European Securities and Markets Authority (ESMA), emphasising the ongoing risks associated with crypto-assets despite a surge ...

Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory. While acknowledging the country’s robust growth and fiscal prudence, the ...

Apple (AAPL.O) is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. ...

Honda (7267.T) and Nissan (7201.T) are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers ...

Cyprus has pledged €7.16 million to the International Development Association (IDA) during a meeting held in Seoul, South Korea, on December 5, 2024. The commitment is part of a broader fundraising initiative for ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday published a practical guide to help regulated entities meet their obligations in combating the financing of weapons of mass destruction. The ...

Balram Chainrai has acquired 2.67 per cent of Agros Development Company ‘Proodos’ Public Ltd, the owner of the Rodon hotel in Agros, purchasing 95,974 shares at €3 each, according to an announcement on ...

Cyprus’ apartment market contrasts sharply, with Limassol’s luxury prices reaching €5 million, while Nicosia offers affordable options starting at €50,000, according to real estate analytics firm Ask Wire. The firm explained ...

The Cypriot government and Hermes Airports signed a new agreement on Monday, extending the management of Larnaca and Paphos airports until 2033. The deal resolves longstanding financial disputes and paves the ...

Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory. While acknowledging the country’s robust growth and fiscal prudence, the ...

Invest Cyprus on Monday announced the signing of a memorandum of understanding (MoU) with the Cyprus Space Exploration Organisation (CSEO). The agency, tasked with the purpose of driving foreign investment ...

Global spending on cloud infrastructure services climbed by 21 per cent during the third quarter of 2024, reaching $82 billion, according to technology industry analysts Canalys.  The surge was fuelled by heightened investments ...

Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025. Dwindling inflation has finally ...

The year ahead is shaping up badly for Europe with its financial markets already hit hard by US tariff fears and political turmoil in France and Germany, yet some investors ...

Italy’s growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public finances of the euro zone’...