News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyChristodoulides highlights Cyprus-Bahrain economic potential as Paphos tourism board sets 2026 priorities
Nicosia, Cyprus. President Nikos Christodoulides said on Monday that Cyprus and Bahrain can still unlock substantial economic opportunities during an address at the first Cyprus-Bahrain Business Forum. The same day, the Paphos Regional Tourism…
EconomyCyprus Chamber praises Cyprus-Bahrain Business Forum as step toward closer economic ties
Manama, Bahrain. The Cyprus Chamber of Commerce and Industry (Keve) said the Cyprus-Bahrain Business Forum held in Manama…
EconomyUS companies warn tariffs could squeeze margins as consumers resist higher prices
Washington, United States. US companies have sought to reassure investors that tariffs are manageable, but early earnings-season comments…
EconomyUK banks expected to raise profit targets ahead of annual results, sources say
London, United Kingdom. Britain’s biggest banks, including HSBC and NatWest, are expected to raise profit targets when they…
EconomyOfficials acknowledge issues as new tax system takes effect on January wages
Nicosia, Cyprus. Officials said on Monday that problems have emerged with the new tax system introduced at the…
EconomyDemetra Holdings Plc buys back 168 own shares
Nicosia, Cyprus. Demetra Holdings Plc announced that it carried out another buyback of its own shares in line…
EconomyEurobank says Capital Group’s indirect voting rights exceed 5% threshold
Athens, Greece. Eurobank said the percentage of its voting rights held indirectly by the Capital Group Companies, Inc.…
EconomyGold extends record rally above $5,100 as investors seek safe havens amid volatility
Washington, United States. Gold prices extended a record-setting rally on Monday, rising past $5,100 as central banks and…
EconomyEU renewable energy share for heating and cooling hits record high in 2024, Eurostat says
Brussels, Belgium. The European Union recorded a record-high share of renewable energy used for heating and cooling in…
EconomyCyprus and Bahrain seek to deepen business ties at inaugural business forum
Manama, Bahrain. President Nikos Christodoulides said Cyprus and Bahrain can still unlock substantial economic opportunities, addressing the first…
EconomyCyprus terminates over 300 rental contracts for abandoned Turkish Cypriot properties after audit
Nicosia, Cyprus. The government has terminated more than 300 rental contracts for abandoned Turkish Cypriot properties after an…