The magic of Black Friday seems to have dimmed in Cyprus, leaving consumers disappointed yet again due to lacklustre discount campaigns by stores. Marios Drousiotis, the head of the Cyprus Consumers Association,
Black Friday, the annual retail bonanza, has become synonymous with unrivalled sales and frantic shopping. However, as this much-anticipated day approaches, it’s time for businesses to question whether participating in this tradition
Labour Minister Yiannis Panayiotou defended the current working hour framework, allowing businesses to stay open on Sunday after MPs challenged it as unconstitutional. In comments to state radio CyBC, Panayiotou said the
Cypriot bank’s ability to reduce operating costs while investing in digital transformation will be key to offsetting inflationary pressure and still-high credit provisions, rating agency Standard and Poor’s said. In a country-by-country
After a series of disappointing results in 2022, tech giants are bouncing back from their post-pandemic slumps. Although some fell short of expectations in terms of sales, GAFAM companies have more than
Hellenic Bank announced on Tuesday a net profit of €240.7 million for the first 9 months of 2023. According to a Hellenic Group statement, this profit was mainly driven by the higher interest
Black Friday seems to be losing its sparkle in Cyprus, with consumer wallets feeling the pinch from the cost of living and global uncertainties from the conflicts in Ukraine and Gaza, according
The latest investigation by the International Consortium of Investigative Journalists (ICIJ) shed light on Russia’s “long-standing hegemony” over Cyprus’ deeply intertwined political and financial worlds. The Cyprus Confidential investigation discloses how 67
The country’s largest banking and financial services group, Bank of Cyprus, posted after-tax profits of €349 mln for the first nine months, substantially improving from the €19 mln loss last year. Notably,
Important information on strategies the Telecommunications industry must follow to maintain growth in an increasingly complex and competitive environment emerged from the PwC report, “Global Telecom and Entertainment & Media Outlook 2023-2027“,
