Business

Zara owner Inditex (ITX.MC), the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. The rapid ...

EU researchers are seeking to expand supplies of clean aviation fuels by producing more from agricultural sources. By Tereza Pultarova Professor David Chiaramonti is looking down at the ground to ...

Google on Wednesday released new artificial intelligence (AI) models that outside developers potentially can fashion as their own, following a similar move by Meta Platforms (META.O) and others. The ...

Navigation device maker Garmin (GRMN.BN), beat fourth-quarter earnings expectations and forecast full-year revenue above estimates last, betting on strong growth in its auto and fitness businesses. Shares of the ...

The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp (INTC.O), according to a report by Bloomberg News, citing people familiar with the ...

TLDR The Ethereum (ETH) price is predicted to soar past $3,200 going forward. Rebel Satoshi ($RBLZ) teases massive rally upon listing on DEXs as presale near the end. With the market ...

TLDR: Andreessen Horowitz (a16z) has announced a $100-million funding round for EigenLayer. Stacks (STX) continues to outperform the market as interest in Bitcoin layer 2 protocols grows steadily. NuggetRush (NUGX) ...

TLDR SEI eyes a 76% price jump in 2024 with the latest expert predictions. Analysts have predicted that Filecoin (FIL) can surpass the $12 mark in 2024. With its last presale stage about to ...

Bitcoin (BTC) drove MicroStrategy’s stock prices to new heights as it briefly touched $800. MicroStrategy’s growth led to many predictions that the corporation could join the most profitable US ...

Here are the top business stories in Cyprus from the week starting February 19: On Monday, the Bank of Cyprus unveiled its financial results for the fiscal year ending December 31, 2023, which ...

Nestle (NESN.S) reported full-year organic sales growth slightly below expectations on Thursday as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn ...

Edible electronics are being developed to assist rescue operations and go inside hospital patients, setting the stage for all-consuming tech to become consumable. By Anthony King Professor Dario Floreano is ...

Microsoft-backed (MSFT.O) OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing people with knowledge of ...

The US government is awarding $1.5 billion to GlobalFoundries (GFS.O) to subsidize semiconductor production, the first major award from a $39 billion fund approved by Congress in 2022 to bolster domestic chip ...

Investment banks Goldman Sachs (GS.N) and Macquarie (MQG.AX) as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as ...

Cyprus’ tourism ministry this week unveiled an incentive plan aimed at the qualitative and aesthetic improvement of beaches for the year 2024, with local authorities being the beneficiaries. In an official ...

By Miranda Xafa The public debate on the recent Greek debt crisis is characterized by inaccuracies and misconceptions that draw the wrong conclusions. Nikos Garganas’ book points out many of ...

GlobCom Company, in partnership with SEGULA Technologies, announced this week that it has started trials for Mercedes-Benz vehicles’ ADAS/AD sensory equipment on Cyprus public roads from February 12 to March 25, 2024. ...

Labour Minister Yiannis Panayiotou this week highlighted the importance of a collaborative approach to economic development between the government and the business community, noting that rational and balanced policies can ...

US software giant Microsoft (MSFT.O) will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two years, the company’s ...

Nintendo (7974.T) shares fell 6 per cent earlier this week after reports by games media and Bloomberg that its next-generation console will be delayed until early 2025 from later this year. While ...

Despite a record number of visitors last year, there is a growing gap between the number of arrivals to Cyprus and occupancy levels, due both to tourists going to stay ...

Warner Bros Discovery (WBD.O) reported a bigger-than-expected quarterly loss on Friday, as the media conglomerate battled a weak advertising market and the fallout of the twin Hollywood strikes on ...

The Cyprus Stock Exchange (CSE) on Friday announced that it has become a member of the EuroCTP consortium, a collaborative initiative involving several European exchanges. EuroCTP, established in August 2023, aims ...