International

A data centre is storage for bits and bytes, but it is also a store of value In the General Theory, John Maynard Keynes defined that concept: “Why should anyone ...

“The culture for business in Cyprus is gradually changing becoming more accepting to Private clouds and collocation options, and gradually to public clouds as well. This mentality has been changing ...

US firms Blackstone Real Estate Partners and Hudson Pacific Properties (HPP.N) said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, ...

By Antoniou Markos, economist Acquiring real estate has always been one of the most stable investments the average person could make in their life. This is confirmed by George S. ...

As Cyprus boldly steps into the ‘Fourth Industrial Revolution’, data centres are multiplying in order to meet the growing demand of businesses that recognise the island’s potential as a ...

“For Cyprus to grow as a data centre destination, the government needs to provide incentives such as subsidy schemes for private investment (nothing exists today for data centres like for ...

“Secondary locations in Europe are set for growth as the continued trajectory of Europe’s five main markets – doubling in size in under five years – is unsustainable. Demand for lower ...

“Many may feel that the cloud will take away a certain level of traditional controls, whilst the contribution of the previous IT generation may decline or their value will decrease. ...

There are millions of euros ready to deploy from the Cyprus Recovery and Resilience Plan (RRP) to modernise the energy sector. But parliament may not be ready to make the ...

Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are processed, as well as reduce the supply of the ether ...

“The problem in Cyprus is that businesses don’t trust proven technologies like ours. They have a superstitious fear of letting an external company manage their data. It doesn’t ...

“Overseas companies, for example, show great interest in Cyprus data centres, because Cyprus is part of the European Union, and thus is under the regime of the General Data Protection ...

NatWest accelerated returning cash to shareholders on Friday after a return to profit, rounding out a week of vastly improved earnings for British banks as the pandemic-battered economy reopens. The ...

Deliveroo is considering ending services in Spain due to high costs associated with running operations in the country to focus on other markets and expand in new and existing cities, ...

Turkey’s tourism revenues stood at $3 billion in the second quarter of the year, data from the Turkish Statistical Institute showed on Friday. Tourism income of the country stood at $2.45 ...

Broadcasters will not be taking home any gold medals for how many people have watched the Tokyo Olympic Games so far. In several major markets around the world, the TV ...

The United Kingdom’s decision to maintain restrictions only for French travellers is a “discriminatory” move, French Minister of State for European Affairs Clement Beaune said on Thursday, calling on ...

“He has about a 50-50 chance of forming a government,” says one analyst of Najib Mikati who became Lebanon’s prime minister designate on Monday. Should he succeed, Mikati has ...

Coming under fire for Ben & Jerry’s decision to stop selling ice cream in Israeli-occupied territories, parent company Unilever sought to assuage concerns of several American Jewish groups, repudiating ...

Turkey’s central bank raised its year-end inflation forecast to 14.1 per cent on Thursday. In a report released by the Turkish central bank, the bank’s governor predicted inflation, which ...

Europe’s largest carmaker Volkswagen (VOWG_p.DE) raised its profit margin target on Thursday for the second time in less than three months, pointing to record earnings in the ...

The pound hit its highest in over a month against the dollar on Thursday, extending gains driven by a fall in coronavirus cases in Britain and as a dovish US ...

Second-quarter sales of AstraZeneca’s COVID-19 vaccine more than tripled to $894 million from the previous three months, but the drugmaker once again delayed its US application for approval. The vaccine ...

Canada’s e-commerce giant Shopify announced record second-quarter revenue on Wednesday, as consumers continue to spend big online. The company’s revenue rose 57 per cent to $1.12 billion for the quarter ...