Economy

Heating oil prices surge 62% in a year to €1.69 per litre

Heating oil prices have increased by around 62% over the past year, reaching €1.69 per litre, putting further pressure on households ahead of the...

US companies show growing interest in investing in Cyprus, government says

Cyprus is seeing increased interest from American companies looking to invest on the island, President Nikos Christodoulides said on Monday, announcing plans to lead...

Cyprus seeks stronger shipping ties with Japan, China and South Korea

Cyprus is seeking to strengthen its shipping cooperation with Japan, China and South Korea following a series of high-level meetings and industry events held...

Fidias seeks meeting with President over electricity prices and supply

Fidias Panayiotou’s Direct Democracy party has requested a meeting with President Nikos Christodoulides, arguing that the Energy Ministry’s response to its proposals on electricity...

Binance hack triggers $3.6bn in customer withdrawals

Binance customers withdrew $3.6bn (£2.7bn) of assets from the world's biggest cryptocurrency exchange as it reopened on Sunday following what is believed to be...