#business

The Cyprus Consumers Association on Monday questioned the sincerity of the Consumer Protection Service in genuinely safeguarding consumers against unfair clauses in bank contracts. The association welcomed the recent imposition ...

President Nikos Christodoulides on Monday said that one of the key priorities of the Cypriot Presidency of the EU Council is to ensure the competitiveness of European shipping. He also ...

The Central Bank of Cyprus (CBC) on Monday urged the public, including users of payment services and holders of electronic money accounts, to verify which institutions are legally authorised to ...

Cypriot beverage maker KEO Plc on Monday announced that its board of directors will convene later this month to examine, among other matters, the possibility of paying a dividend. The ...

Demetra Holdings Plc on Monday announced that the net asset value of its share as of September 30, 2025 is €2.5683. The company added that no fully diluted net asset value figure is ...

Cyprus shipping revenues reach €918 million in late 2024 One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, has been achieved, president Nikos Christodoulides ...

House prices in the EU and euro area continued their upward trend in the second quarter of 2025, rising by 5.4 per cent and 5.1 per cent respectively, while rents in the EU ...

Electronic Arts’ (EA.O) record $55 billion leveraged buyout by Saudi Arabia’s sovereign wealth fund and two other firms marks a turning point in the videogame industry, as companies look ...

Favourable weather has improved the quality of champagne grapes this year, producers have said, providing some good news at a time of fading demand for the French sparkling wine. In ...

This year’s EU Contest for Young Scientists showcased hard science with a social edge, with young scientists presenting innovations ranging from robot turtles to quantum discoveries. By Tom Cassauwers ...

Some of the world’s biggest investors are looking beyond a boom in artificial intelligence to longer-term spending by governments tackling geopolitical, technological and demographic pressures set to reshape markets ...

When Daniel Ek founded Spotify (SPOT.N) in 2006, a viable music product was a “moon shot.” The global music industry was struggling with years of declining sales, online music piracy ...

Changes to British consumers’ behaviour that emerged at the start of a cost-of-living crisis in 2022, such as more eating at home, have stuck, according to the CEO of Tesco (TSCO....

Cyprus stands at an important moment in its maritime history. The shipping sector has always been a cornerstone of the island’s economy, but 2025 has brought a confluence of developments ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

Visa (V.N) has announced that it will start testing a new way for businesses to fund international payments by allowing them to use stablecoins instead of pre-depositing cash in ...

Opera (OPRA.O) has launched Neon, an artificial intelligence-powered browser that can execute tasks and run code inside web pages, adding to the intensifying competition among technology firms to make ...

Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz (MBGn.DE) cut CO2 emissions in the production of its new line of electric vehicles, part of ...

OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with ...

The Cyprus Real Estate Agents Registration Council on Friday voiced strong opposition to key provisions of three draft bills currently being debated in parliament. In its statement, the council warned ...

Industrial producer prices in the euro area decreased by 0.3 per cent in August 2025 compared with July 2025, while in the EU they fell by 0.4 per cent, according to estimates from Eurostat. ...

By Maria Demertzis Europe’s reliance on the US financial infrastructure presents a strategic risk for business. US debt is still the safest asset—that on which all other assets ...

Students from three continents join CING postgraduate courses The Cyprus Institute of Neurology and Genetics (CING) welcomed its new postgraduate students earlier this month, in what it described as an ...

Tesla’s third-quarter deliveries trounced analysts’ estimates this week, as a rush to buy EVs in the US before the expiry of a popular tax credit more than offset slumping ...