Business

Microsoft Corp (MSFT.O) and Google-parent Alphabet Inc (GOOGL.O) talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday suggested ...

The state’s Public Debt Management Office this week explained that the interest rate risk for the debt of the Republic of Cyprus remains subdued, despite the ongoing increase in ...

FTX has reached an agreement to sell its crypto derivatives platform LedgerX LLC to an affiliate of Miami International Holdings Inc for $50 million, the bankrupt crypto exchange said on Tuesday. ...

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country’s sovereign wealth fund which was set up in 2014 following the discovery ...

Britain saw a record number of working days lost due to short-term sickness last year and zero annual growth in economic output per hour worked in the final quarter of 2022, ...

The European Union has agreed a deal to set binding targets for airlines in Europe to increase their use of sustainable aviation fuels, in an attempt to kickstart a market ...

With few trusted projects available in the cryptocurrency ecosystem, Sparklo is currently head and shoulders above most projects in their presale stage. In fact, its presale is predicted to have ...

International credit rating agency S&P Global Ratings (S&P) on Wednesday upgraded the Bank of Cyprus and revised its outlook from stable to positive, citing the bank’...

Cypriot real estate and technology company Ask Wire on Wednesday released the latest iteration of its property market index, updated to include the first quarter of 2023, revealing that property prices ...

Innovation has been a constant pursuit for as long as cryptocurrencies have existed. Innovative ideas like non-fungible tokens (NFTs) have changed our thoughts about art. Another major innovation the decentralized ...

First Republic Bank (FRC.N) faces dwindling and tough options to turn around its business with the creation of a ‘bad bank’ or asset sales possibilities, a source familiar with ...

President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if ...

Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due to rising foreign currency demand as the May elections approach, ...

Global diesel margins have slumped by about half since February, dragging on refiners’ profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in ...

The general secretary of the labour union PEO Sotiroula Charalambous this week announced that the union will meet with the Labour Minister on Friday to have a discussion over the ...

The Cyprus IT Enterprises Association (CITEA), a member of the Employers and Industrialists Federation (Oev), announced this week that it held a meeting with the new Deputy Minister of Research, ...

First-quarter job opportunities in London’s financial sector plunged by almost a third year-on-year, recruiter Morgan McKinley said on Tuesday, as firms struggle with economic and geopolitical headwinds. The collapse ...

What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get ...

The world’s top central banks are cutting the frequency of their dollar liquidity operations with the US Federal Reserve from May, sending the clearest signal yet that last month’...

Cyprus and Greece have important roles to play in ensuring there are adequate energy reserves, House Speaker Annita Demetriou said on Tuesday, at the conference of EU parliament speakers (EUSC) ...

The president of the Cyprus Employers and Industrialists Federation (Oev) Antonis Antoniou on Tuesday used his speech at the federation’s annual general meeting to welcome the fresh start offered ...

Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales rose 10% at constant currencies, boosted by its directly operated shops and defying a weak Chinese ...

A quarter into record layoffs, investors in US tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be ...

The Deputy Ministry of Tourism, in partnership with the Ayia Napa municipality, on Tuesday announced that it recently held an event focused on providing employment opportunities for Ukrainian refugees currently ...