#business

Calls for government intervention to support affected buyers and the real estate sector With property prices and rents continuing to spiral during the first quarter of the year, calls have ...

Exante, a global investment company with a presence in Cyprus, this week held an event in Limassol which sought to provide insights on current economic trends and what might be ...

Deputy Minister of Shipping Marina Hadjimanoli this week said that as a leading maritime nation, Cyprus has a duty to accelerate the shipping sector’s transition into a low-carbon and ...

Non-performing loans (NPLs) in Cyprus remained steady at 9.5 per cent of total loans at the end of January 2023, as in the previous month, while absolute NPL numbers rose by around €13 ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that a tripartite business mission to Almaty, Kazakhstan is set to take place on 16-19 May 2023. The mission, which ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus-Southeast Asia Business Association this week announced that they came together to organise the first business mission and forum in ...

Amazon.com Inc (AMZN.O) signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and clamped down on spending, overshadowing the ...

British businesses were their most optimistic in nearly a year in April, boosted by growing hopes about the economy, according to a Lloyds Bank survey on Friday that could add ...

Abu Dhabi-based Etihad Airways aims to triple the number of passengers it carriers to 30 million and nearly double its fleet to 150 planes by the end of the decade, the airline’...

British bank NatWest (NWG.L) posted better than expected profit for the first three months of 2023 as income soared 37 per cent, even as inflation hammered households and fierce pricing competition ...

In mid-March, as prices for US Treasury bonds swung wildly following the collapse of Silicon Valley Bank, the trading desk at Legal & General Investment Management hit its top limits ...

A recent study published by the European Union Intellectual Property Office (EUIPO) has highlighted the significant gender gap and wage disparity in the design industry within the EU. The study, ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Polish Cypriot Chamber of Commerce, this week held a business event titled “IT for security and security for ...

The total sales of petroleum products in Cyprus decreased by 6.7 per cent in March 2023, compared to the same month in 2022, while showing an increase of 3.7 per cent compared to February 2023, ...

The Economic Sentiment Index (ESI) for Cyprus decreased by 2.8 points in April 2023, compared to the previous month, indicating a worsening of economic sentiment, according to a report by the Centre ...

Hellenic Bank on Thursday released a statement in which it underlined its support for the shipping industry and its people, something which is reflected through its backing of this year’...

Cyprus’ trade deficit for 2022 amounted to €7.1 billion, according to a report released this week by the Cyprus Statistical Service (Cystat). The report revealed that the main trading partner for Cyprus ...

Egypt’s economy will grow 4.0 per cent this fiscal year and 4.5 per cent next even as it endures a continuing depreciation in its currency, a Reuters poll showed on Thursday, ...

Japan’s Toyota Motor Corp (7203.T) set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption ...

A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s ...

National investment promotion agency Invest Cyprus on Thursday announced that it will be holding an event at the Delphi Economic Forum in Greece to promote the country and attract new ...

Barclays reported better than expected first-quarter profit on Thursday after a strong performance from its credit card business offset pressure on other business lines. The British bank’s pretax profit ...

Deutsche Bank (DBKGn.DE) reported a better-than-expected 9 per cent rise in first-quarter profit on Thursday as income from higher interest rates offset a slump in revenues at the investment bank, ...

Cyprus Deputy Minister of Tourism Costas Koumis recently met with strategic partners in London in order to ensure a strong summer tourist season and a solid autumn. Speaking to the ...