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S&P Global Reaffirms US ‘AA+’ Credit Rating, Citing Tariff Revenues as Offset to Trump’s Tax and Spending Bill
S&P Global announced on Monday that it has affirmed its ‘AA+’ credit rating on the United States, stating that tariff revenues generated...
Flexi Group
6 days ago2 min read
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Cyprus Records 3.3% GDP Growth in Second Quarter of 2025, Flash Estimate Shows
Cyprus’ economy expanded in the second quarter of 2025, with GDP growth in real terms estimated at 3.3 per cent compared to the same...
Flexi Group
7 days ago1 min read
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Greek State Budget Records Surplus of €2.19 Billion in January–July 2025
Greece posted a surplus of 2.188 billion euros in its state budget balance during the period January to July 2025, according to...
Flexi Group
7 days ago3 min read
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PepsiCo Prevails in High Court Battle Against ATO Over Royalty Withholding Tax
PepsiCo has secured a significant victory in the High Court of Australia against the Australian Taxation Office (ATO) in a closely...
Flexi Group
Aug 142 min read
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Keve Urges Cypriot Businesses to Engage in EU Merger Rules Consultation
The Cyprus Chamber of Commerce and Industry (Keve) this week called on businesses in Cyprus to take part in the European Commission’s...
Flexi Group
Aug 122 min read
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Cyprus on High Alert as Global DDoS Attacks Surge and Record-Breaking Botnet Emerges
Cyprus is facing mounting cybersecurity concerns amid a sharp global rise in Distributed Denial of Service (DDoS) attacks, with national...
Flexi Group
Aug 112 min read
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Cyprus Deposit Rates Fall While Housing Loan Costs Rise in June, Central Bank Reports
Interest rates on deposits in Cyprus continued their downward slide in June 2025, while housing loan costs edged higher, according to the...
Flexi Group
Aug 85 min read
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Cyprus Stock Exchange to Remove EFA Holdings PLC from Emerging Companies Market Index
The Cyprus Stock Exchange (CSE) has announced that the composition of its Emerging Companies Market Index will be changing this week,...
Flexi Group
Aug 81 min read
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JP Morgan Flags Greece as Prime Investment Destination in Emerging Markets Outlook
JP Morgan has firmly placed Greece in the spotlight, identifying the country as one of the top choices for investors seeking to...
Flexi Group
Aug 72 min read
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Industrial Turnover in Cyprus Sees Growth in May and Early 2025 Despite Sectoral Declines
The industrial turnover index in Cyprus posted an annual increase both for the month of May and across the first five months of 2025,...
Flexi Group
Aug 62 min read
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EU-US Trade Deal Sparks Concerns Over Imbalance and Economic Uncertainty, Economist Warns
The recently announced trade agreement between the European Union and the United States is drawing sharp criticism for favoring U.S....
Flexi Group
Aug 53 min read
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XRP Outperforms as Crypto Rebounds Despite Trump Tariffs and ETF Outflows
The cryptocurrency market kicked off the week on a cautiously optimistic note, with XRP leading the gains and bitcoin hovering just below...
Flexi Group
Aug 52 min read
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Windows 10 Deadline Spurs PC Market Growth Despite Uncertain Trade Winds
The global PC market saw a notable upswing in the second quarter of 2025, with shipments of desktops, notebooks, and workstations...
Flexi Group
Aug 43 min read
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Trump Set to Finalize Sweeping Tariff Hikes as Negotiation Deadline Approaches
President Donald Trump has now finalized tariff rates for most of the United States’ key trading partners, while a number of other...
Flexi Group
Aug 16 min read
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Institutional Investors Overhaul Portfolios Amid U.S. Trade Policy Volatility, CoreData Finds
Nearly eight in 10 institutional investors worldwide are adjusting their portfolios—some through short-term tactical shifts, others with...
Flexi Group
Jul 312 min read
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Tesla Struggles With Declining EV Sales and Uncertain Robotaxi Future
Tesla and CEO Elon Musk are facing mounting challenges as the company grapples with falling electric vehicle sales and a long-promised...
Flexi Group
Jul 284 min read
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EU Environmental Tax Revenue Climbs, But Declines in Fiscal Share Continue
Environmental tax revenue in the European Union reached €341.5 billion in 2023, according to data released Wednesday by Eurostat, marking...
Flexi Group
Jul 252 min read
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JPMorgan Eyes Crypto-Backed Loans Despite Dimon’s Skepticism
JPMorgan Chase (JPM.N) is reportedly considering launching a lending service backed by clients’ cryptocurrency holdings, including...
Flexi Group
Jul 232 min read
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Cyprus Central Bank Reports €28.35 Billion in Total Assets and Liabilities as of June 2025
The Central Bank of Cyprus (CBC) reported total assets of €28.35 billion as of June 30, 2025, according to the latest financial statement...
Flexi Group
Jul 232 min read
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Zuckerberg Commits Hundreds of Billions to AI Data Centers in Bold Superintelligence Bid
In a sweeping declaration of Meta Platforms’ ambitions in artificial intelligence, CEO Mark Zuckerberg announced plans to invest hundreds...
Flexi Group
Jul 223 min read
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