23 h. ago Trump escalates trade war with Canada, EU and allies on edge

President Donald Trumpramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the […]

Politics

28 h. ago Cyprus trade deficit widens 2.3% in first five months of 2025

Cyprus trade deficit widens 2.3% in first five months of 2025  eKathimerini.com

Politics

66 h. ago Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023

Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting period, although value added at current prices fell slightly due to declining fuel prices. The report showed that total turnover […]

Politics

2 d. ago Trump escalates trade war with 50% tariff on copper, eyes levies on drugs and chips

President Donald Trump said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide. One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with fresh tariff letters, Trump reiterated his […]

Events

3 d. ago Trade turbulence deepens: Trump hikes tariffs on 14 countries, including ‘allies’

U.S. President Donald Trump opened a new phase in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players, that they face sharply higher tariffs from August 1. The imposition of a levy of 25% on U.S. importers of all goods from key allies […]

Politics

3 d. ago Cyprus industrial sector value added rises 11.3 per cent in 2023

Employment in Cyprus’ industrial sector rose by 1.2 per cent in 2023, reaching 42,600 people compared to 42,100 in 2022, according to official figures published in the Survey on Industrial Production 2023. The largest share of industrial employment was in manufacturing, which accounted for 37,400 jobs. Mining and quarrying employed 600 people, electricity supply 2,400, […]

Politics

1 week ago Cyprus flag proves its value in global crises, says minister

Cyprus recorded an 18 per cent rise in ship registrations in 2023, the highest annual increase since the Shipping Deputy Ministry’s creation in 2018, driven by expanded global services and efforts to build closer ties with shipowners. In a televised interview aired on the Greek Parliament channel as part of the programme Ellines Ainaftes, Deputy […]

Politics

2 w. ago Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

US President Donald Trump on Friday abruptly cut off trade talks with Canada over its new tax targeting US technology firms, calling it a “blatant attack” and saying that he would set a new tariff rate on Canadian goods within the next week. The move, which plunges US relations with its second-largest trading partner back […]

Politics

2 w. ago EU leaders discuss new US trade proposal as deal clock ticks down, talks could fail says Commission President

European Union leaders discussed new proposals from the United States on a trade deal at a summit in Brussels , with Commission President Ursula von der Leyen not ruling out tariff talks could fail and saying “all options remain on the table”. Time is running out for the bloc to find a common position before […]

Politics

2 w. ago Cyprus Business Now: CSE, maritime, energy, real estate, consumer price, banks

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. During Monday’s session of the Finance Committee, representatives from Sek and Peo said that while agreements had been reached with the Finance Ministry during earlier consultations, […]

Economics

2 w. ago British grocery inflation hits 4.7 per cent, highest since February 2023

British grocery price inflation rose to 4.7 per cent for the four weeks to June 15, its highest level since February last year, dealing another blow for low-income households, data from market researcher Kantar showed on Tuesday. The figure, which compared to 4.1 per cent in last month’s report, was driven by price rises in […]

Events

2 w. ago CSE privatisation bill sparks staff rights dispute with unions

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. During Monday’s session of the Finance Committee, representatives from Sek and Peo said that while agreements had been reached with the Finance Ministry during earlier […]

Politics

3 w. ago India, Cyprus To Align Growth Visions, Deepen Trade And Investment

India, Cyprus To Align Growth Visions, Deepen Trade And Investment  BW Businessworld

Politics

3 w. ago Trade unions not backing down from full CoLA for civil servants

Public sector trade unions reaffirmed their determination on Tuesday that the cost-of-living allowance should be paid in full to civil servants, including teachers and the military. The meeting took place at Pasydy headquarters in Nicosia and all participating trade unions said the highest possible CoLA should be extended to businesses in the private sector, wherever […]

Politics

3 w. ago War, Terrorism, Defence Cooperation, Trade & Investment: Key Takeaways From PM Modi

War, Terrorism, Defence Cooperation, Trade & Investment: Key Takeaways From PM Modi-Cyprus President Nikos Christodoulides Bilateral Talks  Republic World

Events

3 w. ago India expects EU trade deal by year end as Cyprus pledges support

India expects EU trade deal by year end as Cyprus pledges support  Reuters

Politics

3 w. ago India, European Union committed to free trade agreement by year

India, European Union committed to free trade agreement by year-end: PM in Cyprus  India Today

Politics

3 w. ago PM Modi Cyprus Visit Live Updates: PM Modi, Cyprus President attend business roundtable in Limassol to boost bilateral trade

PM Modi Cyprus Visit Live Updates: PM Modi, Cyprus President attend business roundtable in Limassol to boost bilateral trade  Times of India

Politics

3 w. ago Video | PM Modi's Cyprus Visit: Defence, Trade And Tech In Focus

Video | PM Modi's Cyprus Visit: Defence, Trade And Tech In Focus  NDTV

Politics

4 w. ago Cyprus wholesale trade and vehicle services grow in first quarter

The value of wholesale trade and motor vehicle-related activities in Cyprus continued to rise in the first quarter of 2025, according to data released on Friday by the state statistical service. The turnover value index for wholesale trade, except of motor vehicles, recorded an annual increase of 4.8 per cent compared to the same period […]

Politics