#business

HP Inc warned that it expected volatility in memory chips to persist even into next year and forecast a slump in its PC shipments, sending its shares down around 6 per ...

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a decade, according to official data. ...

Are Cypriot firms automating authority faster than they are governing it? The AI risk discussion in Cyprus often focuses on the wrong problem. By Petros Nearchou Most of the conversation ...

Cyprus’ economic expansion in 2026 reflects the consolidation of a model heavily reliant on services, foreign investment and cross-border business flows, strengthening its role as a bridge between Europe and neighbouring ...

Here are the top business stories in Cyprus from the week starting February 23: Cyprus and Serbia have agreed to sign a Memorandum of Cooperation in tourism in the coming months, ...

Alena Padalnitskaya, Head of The League of Analysts at Zubr Capital, shared her perspective on why decision-making under uncertainty has become a critical growth factor for investment ecosystems. She explained ...

The Net Zero Asset Managers initiative re-launched this week with more than 250 members after a year-long suspension and with looser rules after a US political backlash prompted BlackRock (BLK.N) ...

Artificial intelligence lab Anthropic has unveiled 10 new ways for business customers to plug in its technology to key areas of their work, weeks after other releases sparked an aggressive selloff ...

Advanced Micro Devices (AMD.O) announced this week that it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms (META.O) over five years. ...

Santander (SAN.MC) aims to boost its profit to more than 20 billion euros by 2028, helped by growth in its US and UK markets, a rise in customer numbers and cost ...

The revised Cypriot tax system, which has been in effect since January 1, 2026, will be presented to businesses and investment organisations in Greece during a special event in Athens. The presentation ...

Sustainable and resilient tourism will be a key priority of the EU council presidency, Deputy Tourism Minister Kostas Koumis said on Friday, addressing a European conference in Nicosia on climate ...

By Pavlos Loizou In recent months, Cyprus developers have intensified pressure on the government to relax planning regulations by reducing minimum apartment sizes and abolishing mandatory parking requirements per unit. ...

Diageo’s (DGE.L) new boss Dave Lewis cut the company’s annual sales forecast and dividend in his first results presentation earlier this week, sending its shares down 6 per ...

HSBC Holdings (HSBA.L) lifted a key earnings target after its annual profit beat expectations, a decision which reflects that most of the bank’s planned overhaul has now been ...

British luxury car maker Aston Martin (AML.L) will cut its workforce by up to 20 per cent, the company said this week, as it strives to recover from the impact ...

The Central Bank of Cyprus (CBC) on Friday announced two new public tenders, outlining procurement plans covering critical IT security infrastructure and in-house service provision. In its first announcement, the ...

Asbis Enterprises Plc announced on February 25, 2026, that it achieved a net profit of $75.3 million for the full year ending December 31, 2025, marking the best financial performance in the history of the ...

The board of directors of the Cyprus Shipping Chamber on Friday met with Shipping Deputy Minister Marina Hadjimanolis during a working lunch, in order to discuss the strategic direction of ...

The Cyprus Stock Exchange (CSE) on Friday announced the scheduling of online oral interviews for executives seeking certification as stock exchange representatives for remote members. The Council of the Exchange ...

Total petroleum product sales in Cyprus reached 118,460 tonnes in January, representing an 11.2 per cent increase compared to the same month in the previous year, according to the Cyprus Statistical Service (...

Cyprus’ industrial output price index reached 122.1 units in January 2026, marking a marginal annual increase of 0.2 per cent, according to the state statistical service (Cystat). This latest figure, which uses 2021 as ...

Destination Management Company Drakos DMC has announced that it is offering a full scholarship for a Master of Science in Tourism Management at the Cyprus University of Technology (Tepak). The ...

Sustainable and resilient tourism will be a key priority of the EU council presidency, Deputy Tourism Minister Kostas Koumis said on Friday, addressing a European conference in Nicosia on climate ...