Business

What is Cloud Mining? Cloud mining is a process where individuals lease computational power from a data center to mine cryptocurrencies. Instead of setting up their own mining rigs, which ...

By Rita Beyrouthy As the financial landscape evolves, with technology and digital finance shaping how investors access markets, it is important to focus on how these innovations can empower and ...

Energy Minister George Papanastasiou has proposed the creation of a state body that can participate in the energy connection between Cyprus and Greece so as to avoid mistakes of the ...

The European Central Bank (ECB) is “very likely” to reduce its interest rates next week, policymaker Francois Villeroy de Galhau said on Wednesday. “A cut is very likely and it ...

Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has told banks to take into account both the social aspect and the enhancement of the competitiveness of the economy ...

The total number of registered motor vehicles in Cyprus rose by 13.2 per cent in the January-September 2024 period, reaching 38,819, compared to 34,280 during the same period last year. According to the Cyprus ...

Geopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases last week in both Brent implied volatility and call options implied volatility skew, Goldman ...

Cyprus recently achieved international recognition by winning the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8. As Cyprus’ reputation for excellence in air connectivity ...

A proposal to nationalise the electricity authority’s (EAC) grid and its operation is being considered, it was reported on Wednesday. The idea, presented to Energy Minister George Papanastasiou and ...

The crypto market is witnessing a massive influx of traders as investors look forward to a coming bull run. At the moment, Avalanche (AVAX) and Cardano (ADA) whales are showing ...

The U.S. said on Tuesday it may ask a judge to force Alphabet’s Google to divest parts of its business, such as its Chrome browser and Android operating ...

AEGEAN Airlines carried over 12.5 million passengers in the first nine months of 2024, marking a 5 per cent increase compared to the previous year, the company said in a statement on Wednesday ...

The crypto space is getting competitive as new projects emerge with the potential to dethrone old OGs. Currently, Toncoin (TON) whales are backing IntelMarkets (INTL), a new project that analysts ...

Paphos is pushing forward with a €195,000 digital advertising campaign this October, targeting key tourist markets across Europe to boost visibility and attract more visitors. Local tourism board Etap said this ...

Snapchat has officially become the exclusive community partner of Cyprus’ largest tech association, TechIsland, in a move to support and elevate the TechIsland MarComms Community, dedicated to professionals in marketing, ...

Injection molding is additive manufacturing in the contemporary market, for producing plastic parts in bulk quantities. In the process, the polymer granules are melted under high pressure, and injected into ...

Several European Central Bank policymakers argued their case on Wednesday for another interest rate cut next week, even if some of their colleagues remained unconvinced as turmoil in the Middle ...

At the opening of the Women in STEM Cyprus Forum in Limassol, Commissioner for Gender Equality Josie Christodoulou, acknowledged Cyprus’ progress on gender equality, despite ranking 21st among the 27 EU ...

Cyprus won the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8, as its global reputation in air connectivity grows, the deputy Ministry of Tourism ...

Shiba Inu (SHIB) is eyeing a potential opportunity this month, while a SHIB investor has sold over $10 million tokens to buy Ripple (XRP) and DTX Exchange (DTX) tokens, eyeing maximum ...

Bitcoin has been distinctly listless in the past three months after starting the year with a bang. The crypto leader has largely shuttled between $56,000 and $63,000 so far in the second ...

Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival, but the German brand will have to work harder to ...

Social media users in the European Union will be able to make complaints against Facebook, ByteDance’s TikTok and Alphabet’s YouTube over content moderation to a new independent body ...

On his first official visit to Hellenic Bank since Eurobank Group’s acquisition, CEO Fokion Karavias underscored his commitment to providing tangible support, accompanied by deputy CEO Stavros Ioannou. During ...