#BusinessTop

The Research and Innovation Foundation (Idek) on Friday announced that it will be allocating €10 million to innovative businesses as part of its DISRUPT programme, with the ultimate aim being to ...

The total number of trips by Cypriot residents abroad increased by 129.4 per cent in December 2022, compared to December 2021, mirroring the broader trend in international air travel, which continues to recover. ...

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households remained intense as food and ...

The Covid-19 pandemic exposed the weaknesses of more analogue businesses Digitisation is crucial in increasing productivity across all sectors of the Cypriot economy, according to a labour study published on ...

Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks. FTX has said it had recovered over $5 billion ...

The majority of chief executive officers believe that global economic growth will decline over the coming year, with 73 per cent of participants contributing to the most pessimistic outlook in more ...

The Cyprus Economy and Competitiveness Council on Monday said that Cypriot businesses can become better equipped to offer more value to their customers by exploring the possibility of mergers and ...

The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. “Amidst ...

724 billion euro package agreed less than 2 years ago Extending disbursement beyond 2026 would need unanimity Countries already behind in commissioning projects Recipients blame rising costs of raw materials Member states already ...

Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year for equities, though many analysts are skeptical the ...

Major investment in public cloud software will see worldwide revenue for enterprise applications to rise to $385.2 billion by 2026, according to a report released this week by industry analysts International Data ...

Hellenic Bank CEO Oliver Gatzke on Friday said that the bank’s performance in 2022 was very good, amidst difficult conditions, while also outlining the challenges and goals for the new ...

The Cyprus Economy and Competitiveness Council on Friday published a report outlining a number of recommendations that seek to provide both medium and long-term solutions to the ongoing issue of ...

For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization effectively expanded the supply of labor, and, ...

Cyprus Airways says that summer ’23 bookings are looking strong Cyprus Airways on Thursday released a report detailing passenger traffic results for the entirety of 2022, as well as the monthly results ...

Cypriot fintech Ask WiRE CEO Pavlos Loizou, in an analysis piece examining the landscape of the domestic real estate market in the coming year, explained that residential property prices will ...

Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an unexpected build in US crude and fuel inventories, global economic uncertainty and China ...

‘Larnaca’s character must be preserved at all costs’ President of the Larnaca Chamber of Commerce (Evel) Stavros Stavrou on Tuesday expressed optimism that the various innovative actions, combined with ...

Britain’s Travel Association, formerly known as the Association of British Travel Agents (ABTA), recently released its ‘top 23 for 23’ list, detailing the 23 most popular destinations people say they plan to ...

Cyprus Energy Regulatory Authority (CERA) chairman Andreas Poullikkas on Monday stated the energy transition, which primarily concerns the transition from fossil fuels to sustainable energy sources, while a necessary and ...

Wage growth across the euro zone is expected to be “very strong” over the next few quarters but real wages are still likely to decline given rapid inflation, a European ...

The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies. The ...

British consumer spending over the Christmas period has so far held up better-than-expected, providing some relief to retailers who had feared an escalating cost-of-living crisis would hit the key holiday ...

China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced automakers, including Tesla (TSLA.O), to deepen discounts to maintain sales as demand eases ...