Business

By George M. Georgiou “By spending more on defence, we will deliver the stability that underpins economic growth, and will unlock prosperity through new jobs, skills and opportunity across the ...

Swiss industrial group ABB (ABBN.S) has announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business ...

British lenders expect to see demand for mortgages level off in the months ahead after they reported an increase in early 2025, a Bank of England survey has shown. The measure ...

The crypto market shows hot interest in Mutuum Finance (MUTM) after attracting $6.9 million and securing 8,400 holders since its presale began. The project shows strong demand while existing at phase 4 with ...

Solana (SOL), once priced around $0.50 and now trading at $133, has already made millionaires with its rapid ascent, and experts are forecasting even higher highs in the coming years. Shiba Inu (...

Cardano (ADA) and Ripple (XRP) have long been staples in the cryptocurrency market, with ADA currently priced at $0.64 and XRP trading at $2.17. Analysts are projecting solid gains for both, with ...

Here are the top business stories in Cyprus from the week starting April 14: Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face ...

OpenAI has launched its new AI model GPT-4.1, along with smaller versions GPT-4.1 mini and GPT-4.1 nano, touting major improvements in coding, instruction following, and long context comprehension. The new ...

Apple (AAPL.O) took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e’s launch and strong demand in countries such ...

A steep drop in crude oil prices largely due to US President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic ...

Nvidia has said that it is planning to build AI servers worth as much as $500 billion in the US over the next four years with help from partners such as ...

Ethereum (ETH) and Polygon (POL) have long been key players in the crypto ecosystem, with Ethereum holding a steady position near $2,000 and Polygon’s price at around $0.20. As Ethereum continues ...

Major crypto investors are actively accumulating Ripple (XRP) and Mutuum Finance (MUTM), signaling strong confidence in their potential for returns. XRP has recently experienced substantial whale activity, with over $2.1 billion ...

XRP’s price trajectory has recently shown signs of vulnerability, with analysts warning of a potential drop toward the $1 mark due to bearish chart patterns and market conditions. One expert ...

Banks in Cyprus should not treat ordinary people with the same level of strictness as they do large organisations and investors, governor the Central Bank (CBC) Christodoulos Patsalides said on ...

A “leading role” in the transition to clean energy is played by the Federation of Employers and Industrialists (OEV), it said on Saturday. “With consistency and responsibility, OEV is working ...

The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According ...

Meta Platforms (META.O) said this week it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, ...

South Korea announced this week an increase in its support package for the country’s vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won ...

Asking prices for housing on sale in Britain this month are 1.3 per cent higher than a year earlier, despite the end of a tax break, pushing the average price above ...

Bitcoin is making headlines again, this time with bold projections pointing to a surge toward $137,000 by the third quarter of 2025. As U.S. Treasury liquidity injections continue to fuel financial ...

The crypto market experienced powerful rallies when Cardano (ADA) pushed its value 23% higher to reach $0.66 after starting at $0.54 during the previous week. The surge matched previous November 2024 interest trends that ...

April has brought a cautious but visible sense of optimism back into the crypto markets. While major tokens like Solana (SOL) begin showing signs of recovery, another name is gaining ...

The Russian rouble strengthened past 81 to the US dollar, supported by rising oil prices, reaching its highest level since June 28, 2024. At 0900 GMT the rouble was up 1.5 per cent 80.90 to the ...