News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyAlphabet reshapes AI leadership as Demis Hassabis takes group-wide science role
London, United Kingdom. Alphabet has reshaped the leadership of its artificial intelligence operations, appointing Nobel laureate Demis Hassabis as group-wide chief scientist and chairman of Google DeepMind. Four senior figures behind Gemini are also…
EconomyCyprus industrial producer prices rise 0.3% in June
Nicosia, Cyprus. Industrial producer prices in Cyprus rose by 0.3 per cent in June 2026, according to Eurostat.…
EconomyMeridian acquires majority stake in Great Sea Interconnector
Paris, France. French asset management firm Meridian acquired a majority stake in the Great Sea Interconnector on Wednesday,…
EconomyUnions set September 17 strike deadline over hourly paid government workers’ pay
Nicosia, Cyprus. Trade unions representing hourly paid government employees said on Wednesday they will hold a nationwide 24-hour…
EconomyCyprus deposit rates remain below eurozone average in June 2026
Nicosia, Cyprus. Cyprus banks offered average deposit rates below the eurozone level in June 2026, while rates varied…
EconomyIndia and Cyprus urged to develop innovation cooperation roadmap
Nicosia, Cyprus. Cyprus and India should establish a structured roadmap for cooperation in startups, research and technology, Indian…
EconomyExtreme heat could cost Cyprus up to €3.8bn by 2050, study finds
Nicosia, Cyprus. Extreme heat could cost Cyprus between €2.3 billion and €3.8 billion by 2050 if workplaces are…
EconomyCSE lifts warning for CLR Investment Fund, retains labels for other listed companies
Nicosia, Cyprus. The Cyprus Stock Exchange on Wednesday announced the results of its latest review of listed companies’…
EconomyCyprus registered unemployment rises 5.8% year-on-year in July
Nicosia, Cyprus. Cyprus’ registered unemployed rose by 5.8 per cent year-on-year in July, reaching 11,728 people, according to…
EconomyCyprus industrial turnover rises 3.5 per cent in May
Nicosia, Cyprus. Cyprus’ Industrial Turnover Index rose by 3.5 per cent year-on-year in May 2026 to 148 units,…
EconomyEurobank reports higher first-half profit and highlights Cyprus growth plans
Nicosia, Cyprus. Eurobank reported higher profitability in the first six months of 2026, citing stronger lending, deposits and…