Business

Adobe Inc. has released its first dedicated artificial intelligence smartphone app that includes AI models from the company and partner firms, in a bid to tap into a growing trend ...

As Q2 draws to a close, investor attention is shifting toward low-cap digital assets with real use cases and long-term value. With meme coins delivering short-term momentum earlier this year, ...

Dogecoin (DOGE) has once again pulled off a classic meme-fueled move, briefly spiking in price and drawing in a new wave of short-term traders hoping to ride the volatility. While ...

Solana (SOL) is once again making headlines in June 2025. Its continued ecosystem expansion, developer traction, and network performance have kept it in the spotlight, especially as capital flows return to ...

The bursting of interrelated credit and property bubbles has caused financial crises in the US and certain European countries, including Cyprus, in recent decades. The epicentre of the global financial ...

Global spending on cloud infrastructure services reached $90.9 billion in the first quarter of 2025, according to estimates by industry analysts Canalys. The company reported that this represents a 21 per cent increase ...

Here are the top business stories in Cyprus from the week starting June 16: Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the ...

Could baby poop and fungi work together to tackle landfill waste? That’s the idea behind a new product launched by an Austin, Texas-based startup that sells disposable diapers paired ...

Ferrari (RACE.MI), opens new tab has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance ...

British online fashion retailer ASOS (ASOS.L) has named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down ...

Dogecoin (DOGE) is teetering on a critical support level at $0.168, a threshold that could dictate its next move in the volatile crypto market. A breach below this point risks a ...

Wall Street’s optimism for Solana treasuries is surging, yet Mutuum Finance (MUTM) is stealing the spotlight as the next crypto to explode. Financial giant Cantor Fitzgerald recently launched coverage ...

Cardano (ADA) struggles to regain momentum, with its price dipping to $0.62 after a 27% drop from May 2025’s high of $0.86. Investors eye the next big cryptocurrency as Cardano battles bearish signals ...

Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister George Papanastasiou said ...

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

Cyprus has deployed its first quantum communication network, led by scientists from the Cyprus University of Technology (CUT) as part of the Cyprus Quantum Communication Infrastructure (CYQCI) project. According to ...

ChatGPT maker OpenAI was awarded a $200 million contract to provide the US Defense Department with artificial intelligence tools, the Pentagon said in a statement this week. “Under this award, the ...

European truckmaking rivals AB Volvo (VOLVb.ST) and Daimler Truck (DTGGe.DE) hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said ...

The US SEC has delayed its decision on whether to allow a spot Ethereum (ETH) ETF by Franklin Templeton, one of the leading asset managers in the world. A major ...

Pump.Fun has caused mixed reactions throughout the crypto sector after its X account was suspended and then reinstated. On June 16, the official X account of the Solana-based memecoin launchpad ...

Nasdaq-listed Davis Commodities (DTCK) recently announced that it had gotten approval for a $30 million fundraising plan. The company has a strategic plan to invest 15% or $4.5 million of the funds into ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday officially adopted a series of guidelines issued by the European Securities and Markets Authority (ESMA) concerning crypto-asset service providers (CASPs) operating ...

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

Invest Cyprus on Friday issued a statement welcoming the decision by India’s Drone Destination to establish its European subsidiary in Cyprus. The agency, tasked with driving investment to the ...