Hellenic Bank announced a net profit of €76.4 million for the first nine months to September due to higher revenue and lower costs. According to the Group Financial Results for the nine
Olivewood has been chosen for a new UK drama series to be aired on Channel 5, said the national investment agency Invest Cyprus. The mini-series will be shot entirely in Cyprus and
Sir Stelios Haji-Ioannou, creator, owner of the easy family of brands, and the founder of the Stelios Philanthropic Foundation will once more award bicommunal business entrepreneurship. This year’s prizes offer €10,000 to
Some 450 Hellenic Bank employees have selected the exit button opting for early retirement with €200,000 compensation each. The bank launched its voluntary exit scheme to reduce its staff by around 500
Retailers reported their Black Friday sales began an underwhelming start amid a waterfall of complaints of fake offers, with consumers also dissatisfied with the discount level, which averages 20%. Shopkeepers were banking
Cypriot consumers are reporting shady pricing practices ahead of Black Friday by shops, said the Commerce Ministry’s consumer protection service. In comments to CyBC, the service’s spokesperson Anastasia Stylianidou said they had
Cyprus’ Telecommunications Authority (Cyta) is to absorb the additional cost of inflation and energy, putting their record profits to good use. Talking before the House Finance Committee, the chair of Cyta Michalis
Google Pay solution, the mobile payments app introduced in 2020, has recorded a 91% increase in the number of merchants using its platform in the last two years, according to a survey by
Recently the European Parliament took a decisive decision on the future of Europe. It approved the Reporting Rules on the Corporate Sustainability Reporting Directive (CSRD) to make the EU a global leader
Consumers are urged to do their homework and research online before heading to stores hunting for bargains on Black Friday. The Cyprus Consumers Association has issued guidelines for shoppers, warning them not
