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Fitch Upgrades 2025 Global Growth Outlook to 2.4% Despite Signs of U.S. Slowdown
Fitch Ratings has revised its global economic outlook, lifting its 2025 growth forecast to 2.4 per cent, a 0.2 percentage point...
Flexi Group
Sep 113 min read
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Cyprus Tax Reform Sparks Mixed Reactions from Business Community
As the public consultation on Cyprus’ forthcoming tax reform concludes today, two of the country’s leading business bodies—the Cyprus...
Flexi Group
Sep 102 min read
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Oil Prices Slip but Head Toward Weekly Gains Amid Demand Concerns and Russian Supply Uncertainty
Crude oil prices eased on Friday but remained on track to post weekly gains, as markets weighed declining demand in the United States at...
Flexi Group
Sep 42 min read
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Gold Surges to Record High Amid Global Economic Uncertainty
The price of gold has climbed to an all-time high as investors continue to seek safety in the precious metal during a period of worldwide...
Flexi Group
Sep 32 min read
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Top Bank Executives Reap Millions in Tax Savings From Extended Trump-Era Cuts
A dozen of America’s highest-paid bank CEOs may have collectively saved nearly $53 million in personal taxes from a single provision in...
Flexi Group
Sep 12 min read
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Cyprus Public Debt on Track to Fall Below 50% of GDP by End-2025, Says Finance Minister
Cyprus’ public debt is projected to fall to nearly 50 per cent of GDP by the close of 2025, significantly earlier than the initial target...
Flexi Group
Aug 293 min read
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Trump’s 50% Tariffs on India Trigger Economic Jolt as Modi Moves to Cushion the Blow
The United States has imposed tariffs of 50% on Indian goods, one of the steepest trade penalties in the world, in a move by President...
Flexi Group
Aug 283 min read
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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
Aug 202 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
Aug 191 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
Aug 193 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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