Business

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 ...

The Energy Ministry is offering a second chance for small and medium-sized enterprises (SMEs) and non-profit organisations to secure funding through the ‘Save – Upgrade’ scheme. This initiative, backed by the ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of ‘Boost,’ a new blended finance scheme. The new scheme is designed to support certified innovative companies in Cyprus ...

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, ...

Shell (SHEL.L) and Norway’s Equinor (EQNR.OL) will merge their British North Sea assets to form the ageing basin’s largest oil and gas company, the pair said ...

The turnover index for Cyprus’ industrial sector rose by 1.3 per cent in September 2024, when compared to the same month in 2023, according to the state’s statistical service. Over the first ...

Cyprus has revamped its planning and building permit system, cutting approval times to just 40 working days for small-scale developments, Interior Minister Constantinos Ioannou announced this week. The reforms target low-risk “...

British employees whose health deteriorates are four times more likely to drop out of the labour market if they have little or no flexibility over their working conditions, according to ...

New battery electric vehicle (BEV) sales in UK rose 58 per cent in November, marking the eleventh straight month of growth, industry data showed, driven by deep discounts to meet government-mandated ...

The world economy is set for steady growth in the next two years if resurgent protectionism does not derail a recovery in global trade, according to the the Organisation for ...

The Electricity Authority of Cyprus (EAC) provided an update on Thursday regarding its modernisation efforts, cautioning that electricity prices will not significantly decrease without the introduction of natural gas. EAC ...

Top App Games, a mobile game developer headquartered in Cyprus, has secured $10 million in funding to bolster its hit strategy RPG, Ludus: Merge Arena, and to spearhead the development of ...