Business

Temu is spending like a billionaire to become America’s e-commerce champion, leaving winners and losers in its wake. The popular shopping app from China’s Pinduoduo (PDD.O) aired ...

The chairman of the electricity authority (EAC) on Tuesday asked for consumers to stay patient a little longer while information regarding prices is being examined. The forecasts that led to ...

President Nikos Christodoulides is set to attend the administrative board meeting of the Cyprus Chamber of Commerce and Industry (Keve) today, Tuesday, February 13, at 17:00 local time. According to an announcement ...

Paphos hotels are reporting a drop in occupancy rates during the first quarter of 2024, when compared to the same period of the previous year, according to Evelyn Komodromou, deputy president ...

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential US interest rate cuts and the ensuing impact on ...

Saudi Arabia’s U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that its member organisation, the Cyprus E-Mobility Association, welcomes the announcement of the electric mobility promotion plan by the Ministry ...

Hermes Airports on Monday announced the launch of a new, online publication, dedicated to the travel and aviation industry. The publication, titled Flight Mode, will be released on a monthly ...

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is “fully behind” a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical ...

Tesla Inc (TSLA.O) has temporarily cut prices of some of its Model Y cars in the US until Feb. 29, less than a month after the carmaker cut Model Y ...

Amazon.com (AMZN.O) founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon ...

By Elias Hazou and Iole Damaskinos Speculation was ongoing on Monday as to the fate of consumers regarding electricity costs as deliberations between the electricity authority (EAC) and the energy ...

Bitcoin rose by 4 per cent to $49,477.75 on Monday, its highest since December 2021. The cryptocurrency has risen some 15.7 per cent so far this year, helped by regulators approving U.S. spot ...

The Central Bank of Cyprus (CBC) on Monday released an announcement addressing recent media reports, concerning the European Banking Authority’s (EBA) peer review report on the supervision of creditors’ ...

Andreas Michael, the owner and managing director of CyView Developers, recently shared insights into the economic outlook and prospects for the construction sector in Cyprus for 2024, including how the country ...

The rising number of loan scam complaints in Australia has reportedly increased between 2022 and 2023, prompting authorities to do all necessary measures to combat fraudulent activities. However, economic fluctuations have created ...

Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces with Israel’s Ministry of Science and Technology, in order to boost collaboration and cross-border relations in ...

Cryptocurrencies, including both altcoins and Bitcoin, are known for their inherent volatility with some crypto assets performing better or woefully than others. Two altcoins in this scenario are Aptos and ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that, in the context of economic diplomacy, president Stavros Stavrou and members of the executive committee will host an ...

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis (STLAM.MI) CEO Carlos Tavares has exposed a tough new reality: Europe’s one-time homegrown national automakers ...

If you are looking for ways to multiply your money, invest in Algotech (ALGT). This new crypto project is currently in its presale phase, and has already raised more than $1.1 ...

Cypriot real estate analytics startup Ask Wire is aiming to create a comprehensive real estate database for the Balkans, as it is now in talks with Romanian companies to showcase ...

British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher ...

EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments more time to reduce debt as well as incentives ...