Business

Meta (META.O) has announced that it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to ...

On November 30 total tourist arrivals to the island surpassed those seen for the whole of the year 2023, a record year for arrivals, Transport Minister Alexis Vafeades announced on Sunday. By ...

Here are the top business stories in Cyprus from the week starting December 2: Paphos mayor Phedonas Phedonos has urged Cypriot businesses to adopt a more international, export-oriented approach, saying that ...

By Hallam Stevens On November 12, United States president-elect Donald Trump announced he would appoint Elon Musk, the world’s richest man, to lead a newly constituted Department of Government Efficiency ...

French borrowing costs rose above those of Greece for the first time on December 2, as Michel Barnier’s government teetered on the brink of collapse, underlining a dramatic shift in ...

Tesla’s (TSLA.O) market capitalisation increased by the most among top global companies in November, boosted by expectations the automaker will benefit from CEO Elon Musk’s close ties ...

Britain’s cyber security chief warned of a rise in hostile activity in the country’s cyberspace, with the number of incidents handled by officials rising by 16 per cent in 2024 ...

Salesforce (CRM.N) beat Wall Street estimates for third-quarter revenue on December 3 and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise cloud ...

A U.S. federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year ...

Credit rating agency Fitch on Saturday upgraded Cyprus’ credit rating from BBB+ to A-, becoming the second such agency in the space of three weeks to give the island an ‘...

The Bank of Cyprus on Friday outlined a range of initiatives designed to ease the financial strain on customers in the face of market interest rate volatility. In its announcement, ...

Intel (INTC.O), has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaking icon ousted company ...

By Frederic Pralus The importance of Foreign Direct Investment (FDI) for national economies is undeniable. For countries like Cyprus, with an outward-oriented economic approach, the ability to attract businesses and ...

A gauge of British manufacturing activity pointed to the sharpest contraction in nine months, as orders from domestic and foreign customers fell and ongoing supply chain disruption pushed up costs. ...

Mastercard (MA.N), has reached an agreement in principle to settle a collective London lawsuit brought on behalf of British consumers over card fees, the company said this week. The ...

Cyprus is paving the way for sustainable and forward-thinking investment strategies, as explored in this weekend’s Cyprus 4.0 supplement, free with the Sunday Mail. From ESG commitments and real estate ...

The recent U.S. elections may have wrapped up, but the crypto market is just heating up.  As Bitcoin surges to new all-time highs, bullish sentiment is sweeping across the ...

Eurozone productivity growth remained weak in the third quarter despite a modest expansion in the bloc’s economy, continuing a poor run that has lasted years, data from Eurostat showed ...

With the XRP price’s impressive Q4 performance generating over $4 billion in profits, traders are keenly anticipating where these gains will be channeled next. Among the top contenders are Polygon (...

EY Cyprus on Friday announced that its recently held forum highlighted the international investment community’s view of Cyprus’ investment appeal. The EY Attractiveness Forum also addressed key economic challenges ...

Total beer deliveries in Cyprus saw a significant decline of 33 per cent in November, compared to the same period last year, according to the state’s statistical service. The total ...

Ethereum’s 45% price increase since the November 5 election has sparked a debate about its ability to retest its all-time high of $4800. Many believe ETH’s present price of $3,600 will rise ...

Employment in Cyprus experienced a 2.2 per cent increase in the third quarter of 2024 compared to the corresponding period in 2023. According to data published by the Cyprus Statistical Service (Cystat) on ...

Cyprus has intensified its efforts to expand its Research and Development (R&D) landscape through a recent visit to Indonesia. Chief Scientist Demetris Skourides and Ambassador Nikos Panagiotou held ...