Retail, construction boost econ sentiment in June
Economic sentiment in Cyprus improved for the third consecutive month, rising marginally in June, on improved business and consumer confidence, according to the benchmark index compiled by the Economics Research Centre of the University of Cyprus. The June Economic Sentiment Indicator (ESI-CypERC) increased by 0.2 points
The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
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Economic sentiment in Cyprus improved for the third consecutive month, rising marginally in June, on improved business and consumer confidence, according to the benchmark index compiled by the Economics Research Centre of
Read MoreBy Chris Michael Hamas is officially designated as a terrorist organisation by the European Union and its 27 member states. For many
By Chris Michael The steadily rising tensions in the eastern Mediterranean and Turkey’s revisionist ambitions are prompting Greece and Cyprus to undertake
By Chris Michael Cyprus President Nikos Christodoulides’ visit to India last month represents one of the most significant diplomatic and geopolitical initiatives
Business
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SpaceX is currently targeting a valuation of at least $1.8 trln through its upcoming initial public offering, with investors raising doubt whether there is enough demand this summer. “Markets are about to discover whether investor appetite for AI and tech is
Read MoreThe blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon,
SpaceX’s IPO filing – the biggest in history – shows AI’s next trillion-dollar trade is infrastructure, not software, affirms the CEO of
Cyprus is gradually placing itself as a niche player in the world cinema market, with a number of boutique production houses developing
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The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets. Oil prices fell sharply, with Brent crude dropping below $80/b,
MoreWest Texas Intermediate declined sharply on Monday and traded around $74.50, down 2.54% on the day. The US crude oil gave up earlier gains after testing highs near $78.00, as investors rapidly
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
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The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
By Chris Michael Hamas is officially designated as a terrorist organisation by the European Union and its 27 member states. For many
By Chris Michael The steadily rising tensions in the eastern Mediterranean and Turkey’s revisionist ambitions are prompting Greece and Cyprus to undertake
By Chris Michael Cyprus President Nikos Christodoulides’ visit to India last month represents one of the most significant diplomatic and geopolitical initiatives
Armenia goes to the polls on Sunday with just one of two outcomes expected – returning to Russia’s embrace and remaining hostage
Energy
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The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets. Oil prices fell sharply, with Brent crude dropping below $80/b, as traders rushed to remove much of the geopolitical risk
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West Texas Intermediate declined sharply on Monday and traded around $74.50, down 2.54% on the day. The US crude oil gave up
Brent crude looks set to move above $100 and potentially stay there for a while, according to the CEO of a leading
The West Texas Intermediate benchmark crude edged lower on Tuesday, trading around $90.15, down 0.89% on the day. Traders remain cautious as
World
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The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
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Gold extended losses for the second consecutive day on Wednesday as the DXY Dollar Index surged to 13-month highs near 102.00. The
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By Chris Michael Hamas is officially designated as a terrorist organisation by the European Union and its 27 member states. For many
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West Texas Intermediate declined sharply on Monday and traded around $74.50, down 2.54% on the day. The US crude oil gave up
More
Maritime
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Even if Donald Trump frees ships in the Strait of Hormuz, supply chains face a growing “latency shock” that will weigh on the world economy, Nigel Green, CEO of leading financial advisory deVere Group has warned. Crude oil prices fell
Read MoreCyprus is determined to climb the ladder of maritime centre world rankings, by enhancing digital transition, aspiring to become a cruise hub,
By Michalis Vasiliou Alternative credit is one of the fastest-growing segments in the European funds industry, while the IMF estimates the worldwide
The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting
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By Chris Michael Cyprus President Nikos Christodoulides’ visit to India last month represents one of the
Armenia goes to the polls on Sunday with just one of two outcomes expected – returning
To debut at Vinoble in Jerez, Spain, this weekend Commandaria, the ‘wine of kings’ from Cyprus
Cyprus voters go to the polls on Sunday to elect their next parliament, in what will
“Join us and become part of a historic effort to turn the tide for Sourp Magar
