#business

Cyprus’ accession to the Schengen Zone is of “key importance,” the association of large investment projects said, arguing that it could strengthen the country’s image as a safe and ...

Europe’s shipping industry will face its first financial bill under the European Union’s Emissions Trading System (EU ETS) on September 30, marking a watershed moment in efforts to curb ...

International premium-class travel grew faster than economy in 2024 as global demand for air transport continued to climb, the International Air Transport Association (IATA) said in its annual World Air Transport ...

Bank of Cyprus (BoC) has become the first lender on the island to allow customers to apply for a mortgage loan entirely online, with responses provided within 24 hours. The new ...

A Europe-wide survey has ranked Cyprus fifth for expat entrepreneurs, citing its strong startup density and solid survival rates, though limited venture capital remains a challenge. According to research by ...

The European Banking Authority (EBA) has published a new report on the use of technology tools in anti-money laundering and countering the financing of terrorism (AML/CFT) supervision, also known ...

Industrial production in the euro area decreased by 1.3 per cent in June 2025 compared with May 2025, according to estimates from Eurostat, the statistical office of the European Union. In the EU, ...

The euro area recorded a surplus of €7.0 billion in trade in goods with the rest of the world in June 2025, compared with a surplus of €20.7 billion in June 2024, according to ...

US federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending legislation ...

Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 per cent next year amid falling ...

Here are the top business stories in Cyprus from the week starting August 18: Sports media platform Tribuna.com co-founder Dmitry Navosha has shared his story with the Cyprus Mail in ...

Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and ...

The Bank of England will cut interest rates by a quarter-point once more this year and then again in early 2026 as a resilient economy generates persistent inflation, according to most ...

Asking prices for newly advertised British houses and apartments fell in the four weeks to mid-August but the drop was less notable than in the previous two months and sales ...

The spectre of US stagflation is stalking global markets, causing some investors to position portfolios to dodge the potential damage that tariffs could wreak on growth and inflation in the ...

The Deputy Ministry of Tourism has launched a tender for hotel rooms in Nicosia to accommodate thousands of delegates expected during Cyprus’ presidency of the Council of Europe from January ...

A ruling from the United Kingdom’s top court that will likely save car finance companies billions in compensation payouts could clear the way for a wave of consolidation in ...

British grocery inflation nudged down to 5.0 per cent over the four weeks to August 10, data from market researcher Worldpanel by Numerator showed this week, providing limited relief for consumers. The ...

Firefly Aerospace (FLY.O) is exploring an option to launch its Alpha rocket from Japan as the US rocket maker expands its satellite launch services globally, a Japanese company operating ...

Amsterdam-based cryptocurrency service provider Amdax plans to launch a bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, Amdax said this week. WHY IT’S ...

Tesla Inc started accepting orders for its new Model Y L in China this week with a starting price of 339,000 yuan ($47,184), its website showed, as it refreshes its line-up in ...

When “The Wizard of Oz at Sphere” opens off the Las Vegas Strip on Aug. 28, audiences will experience the 1939 film classic in a way its creators probably never thought possible. ...

British businesses are having their strongest month in a year thanks to a rebound in the dominant services sector, according to a survey published on Thursday. The preliminary reading of ...

The Cyprus Stock Exchange (CSE) on Friday announced the continuation of the suspension of trading of shares of ZREES Fraction Plc on the Emerging Companies Market for an additional two ...