Business

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, according to a lobby group report. New British Prime Minister Keir Starmer ...

Britain’s antitrust regulator announced that it had provisionally found Alphabet’s (GOOGL.O) Google had abused its dominant position in digital advertising to restrict competition. The Competition and Markets ...

British house prices rose last month at the fastest annual pace since late 2022, according to data from mortgage lender Halifax, adding to signs of renewed momentum in the property market ...

Europe’s auto industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, according to Renault CEO Luca de Meo. Automakers face ...

The project for importing LNG to Cyprus must be completed as soon as possible, as every delay costs the Cypriot economy and the consumer huge sums of money, President of ...

Greece plans to impose a €20 levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert overtourism, Prime Minister ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Cyprus saw an increase of 15.9 per cent in the total number of motor vehicle registrations during the first eight months of the year, totalling 34,391, up from 29,673 in the same period ...

Director General of the Research and Innovation Foundation (RIF) Theodoros Loukaidis recently met with Henrietta Egerth, who leads Austria’s national R&D funding agency, FFG. According to an ...

Women in Tech Cyprus and TechIsland are joining forces to host the first-ever Women in STEM Cyprus Forum, set for October 8, 2024, at the Kolla Culture Factory in Limassol.   The event, ...

Artificial intelligence is pushing companies towards flatter hierarchies, allowing them to focus on advanced education and skills, according to Fivos Tsountas, Principal at KPMG Cyprus. “Artificial intelligence (AI) technologies are ...

Influencers in Cyprus face increased scrutiny as authorities step up checks on tax compliance and transparency in advertising. This move, aimed at protecting consumers, follows new EU regulations requiring influencers ...

Britain’s labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case ...

Oil futures jumped in Asian trading on Monday as a potential hurricane system approached the US Gulf Coast, and as markets recovered from a selloff following weaker-than-expected US jobs data ...

Cyprus has recorded the third highest annual growth rate within the European Union and the second highest in the Eurozone during the second quarter of 2024, according to data released by ...

Every lawyer must have as a primary concern the interest of the client, who often seeks advice in view of investment, activity or property development. They should be honest, sincere ...

A boom in data centers is expected to produce about 2.5 billion metric tons of carbon dioxide-equivalent emissions globally through the end of the decade, and accelerate investments in decarbonization efforts, ...

Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, according to ...

Nations building artificial intelligence models in their own languages are turning to Nvidia’s (NVDA.O) chips, adding to already booming demand as generative AI takes centre stage for businesses ...

Amazon’s revamped Alexa due for release in October ahead of the US holiday season will be powered primarily by Anthropic’s Claude artificial intelligence models, rather than its own ...

Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years. As of late August ...

The Great Sea Interconnector project will go ahead “if its financial viability is ensured”, Greek Prime Minister Kyriakos Mitsotakis said on Sunday. Speaking at the Thessaloniki international fair, he said, “...

In an exclusive interview with the Cyprus Mail, Elena Petropavlovskaya, BBF’s Global Commercial Director, shares key insights into the company’s newest high-end residential project, bbf: eden bay, located ...