Economic sentiment dropped by 1.5 points in September, despite a steady recovery since April, due to weakened business confidence in services and, to a smaller extent, from a fall in construction confidence,
The Shipping Deputy Ministry announced Monday the prestigious biennial Maritime Cyprus conference slated for next month had been rescheduled for 2022 due to the limitations imposed by COVID regulations. Maritime Cyprus, the
The outlook for reinsurance has changed to ‘stable’ from ‘negative’ as prices increase amid a worldwide economic rebound, supporting the sector’s earnings while capitalisation will remain solid, Moody’s Investors Service said Tuesday.
The stranglehold of smartphone giants Apple and Samsung on the European market seems to be loosening up as competitors gain a larger piece of the smartphone pie in Europe, with China’s Xiaomi
Finance Minister Constantinos Petrides told MPs that Cyprus’ economy would recover and grow if it can avoid further COVID-19 lockdowns. Petrides asked MPs to approve an emergency €148.5 mln budget, the second
Nicosia should continue fiscal support measures to mitigate COVID-19 economic scarring and focus on digitisation and transition to a green economy as recovery takes hold, the International Monetary Fund said. Following a
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were a mixed bag Tuesday morning even after Wall Street closed at record highs overnight. Caution will most likely remain a key
For different reasons, each of the two main commodity products with high marketability, oil and copper, have for a few weeks now entered a new upward cycle, or “super cycle”, according to
After a third lockdown, the government is busy removing barriers to open up the economy and allow people a sense of freedom as movement by text is to be abolished for now.
The use of fintech apps has increased more than 61% since the pandemic started, according to a study by the independent financial advisory deVere Group. The jump comes as financial technology apps
