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Euro-dollar stabilises after ECB rate cut comments

The EURUSD pair edged higher on Wednesday after European Central Bank Executive Board member Piero Cipollone said that there was room to cut interest rates swiftly, despite elevated wage inflation. The pair reversed lower in previous sessions on the back of diverging commentary from rate-setters at the

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Apple market cap bigger than DAX, TSE

Technology pioneer Apple’s current market capitalisation of $2.8 trln ranks it eighth in the world, surpassing the stock exchanges of Germany and Canada, According to Stocklytics.com, the tech giant is ahead of stock exchanges in countries such as Germany (DAX) and

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BOCH shares gain on dividend news

Shares in Bank of Cyprus Holdings, parent of the island’s leading lender, traded at recent highs on the London and Cyprus stock

Another record year for Cablenet

2% increase in revenue, 52% increase in mobile subscription base For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in

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Oil prices to keep on rising

The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East conflict and Houthi attacks on vessels in the Red Sea.

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Getting tougher on naturalisation

The new requirements regarding the eligibility to apply for a Cypriot nationality has introduced so many prerequisites that it is almost impossible for the applicants to meet. These new restrictions are, in

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Oil prices to keep on rising

The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East

Seeking a new role in the region

After six months of Israeli airstrikes and ground operations in Gaza, countering the deadly October 7 Hamas attacks, EU leaders finally called

Getting tougher on naturalisation

The new requirements regarding the eligibility to apply for a Cypriot nationality has introduced so many prerequisites that it is almost impossible

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Government determined to pull plug on fuel subsidies

The Cyprus government is adamant about ending an 8 cent subsidy on fuels after it expires on March 31, with Finance Minister Makis Keravnos saying the decision is final and irrevocable. As of Monday, April 1, motorists can expect an initial increase

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Oil prices to keep on rising

The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East

Aid ship heads to Gaza

The maritime corridor providing humanitarian aid from Cyprus to the people of Gaza will probably be launched on Sunday, European Commission President Ursula von der Leyen said in Larnaca following her inspection of the port installations together with President Nikos

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