Economy

Beach sunbed prices rise as cap increases to €3.50

End of the €2.50 era on Cyprus beaches Trips to Cyprus beaches are set to become more expensive this year, as the long-standing prices cap...

Bitcoin price drop sinks below $70,000

Bitcoin falls to 15-month low Bitcoin plunged below $70,000 on Thursday, a level not seen in 15 months, as global markets embraced a broad risk-off...

Competition protection key for a sustainable electricity market

The protection of competition remains a key condition for a sustainable electricity market, the Electricity Market Association (EMA) said, commenting on the ongoing parliamentary...

Cyprus ATM withdrawals hit €2.5bn in six months

Cash remains important despite shift to cards Cyprus ATM withdrawals totalled €2.5 billion during the first half of 2025, underlining the continued importance of cash...

Uber Q4 revenue up 20%, boosted by food delivery

Revenue tops expectations Uber reported better-than-expected revenue in its fourth-quarter earnings, reaching $14.37 billion versus the $14.32 billion analysts forecast. Revenue rose from $12 billion...