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BUSINESSAs part of its ‘Sportwagenschmiede ’35’ strategic realignment, Porsche is presenting a forward-looking vision model as a first glimpse of the brand’s evolved design identity. “A Porsche must be recognisable as a Porsche at first glance,” says Dr Michael Leiters, Chairman of the Executive Board of…
BUSINESSInvestment firm Demetra Holdings Plc announced on Thursday that it recently purchased 3,890 of its own shares as part of an ongoing share buyback programme. The transaction was carried out on October 27, 2026, through the Cyprus Investment & Securities Corporation Ltd ( CISCO ). Demetra Holdings…
BUSINESSEurope “can no longer take water for granted”, European Oceans Commissioner Costas Kadis said on Thursday, as he attended a conference on the “circular water economy” at the University of Cyprus. He told the conference that dealing with water scarcity is “emerging as a key strategic priority”, and…
BUSINESSAkel will not support bills to bring nurses in from outside the EU unless private hospitals sign collective agreements with their staff, MP Marina Nikolaou told the House health committee on Thursday. “Since you refuse to implement collective agreements, which could keep wages within certain safe…
BUSINESSMSPS Cyprus received a significant accolade at the Carob Awards 2026, winning the Silver Award for its Corporate Social Responsibility programme ‘ESSO Safe Vision: See clearly. Drive safer’, which was designed and implemented for eWise Cyprus Ltd – ESSO. The award falls into the category: “Events…
BUSINESSThe European Central Bank (ECB) kept its three key interest rates unchanged on Thursday, as rising energy prices threaten to push inflation higher and weaken economic growth, hours after President Christine Lagarde announced she would step down before the end of her term. The decision leaves the…
BUSINESSSolidus Securities will distribute a gross interim dividend of €1.32 million to shareholders in November 2026, following a unanimous decision by the company’s board on Thursday. The dividend amounts to €0.25984252 per share , before tax withholding, according to the investment services company’s…
BUSINESSEuropean Central Bank President Christine Lagarde resigned on Thursday, ending months of speculation about her future just as Europe enters a period of rising economic volatility and divisive electoral politics, particularly in her native France. Lagarde will step down on February 7, giving…
BUSINESSThe Cyprus Trading Corporation (CTC) on Thursday announced a series of management changes across its businesses, including a new board chairman from January 2027 and appointments to senior financial and operational roles taking effect from November 1, 2026. The changes are intended to strengthen…