Business

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...

Skydance Media and Paramount Global (PARA.O) agreed to merge, the companies announced late on Sunday, scripting a new chapter for one of Hollywood’s oldest studios. The companies agreed ...

British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company as part of a $500 million share sale, according to a ...

President Nikos Christodoulides on Monday suggested there would be news even next week over the Larnaca port and marina project. “Very soon there will be an announcement, even next week. ...

Cyprus has been recognised as a Strong Innovator in the European Innovation Scoreboard for the third consecutive year, according to an announcement released on Monday by the Deputy Ministry of ...

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...

The Cyprus Statistical Service (Cystat) announced on Monday that the total number of vehicle registrations from January to June 2024 increased by 19.2 per cent, reaching 26,250. This represents a significant rise from ...

Did you know that 44% of companies now use hybrid cloud storage for their data? Both on-premise and cloud-based resources have their unique and undeniable advantages, but when it comes to ...

Approximately 7,000 people in Cyprus work in forex, although the actual number may potentially be much higher than that, according to recently published research from TradeInformer, a business-to-business news and research ...

Hermes Airports, which manages and operates both the Larnaca and Paphos international airports, on Monday announced that it has received an award for its leadership and HR practices. According to ...

Cypriot tech-driven analytics firm Ask Wire on Monday released a comprehensive assessment of fire risk in the Larnaca District, highlighting the distribution of properties within various fire hazard zones. The ...

The pound traded at a three-week high against the euro on Monday, after Sunday’s election in France looked likely to result in a hung parliament that raises the risk ...

French shares fell, the risk premium of French bonds over German rose and the euro dipped on Monday, after elections left France facing a hung parliament and the prospect of ...

Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle East, while investors assessed potential ...

The Type IA notice must state the amount due and the amount interest, not the interest rate A mortgagor whose mortgaged property is in danger of being sold at public ...

Global shipments of augmented reality (AR) and virtual reality (VR) headsets experienced a significant decline of 67.4 per cent year over year in the first quarter of 2024, according to a report ...

The enterprise applications market experienced significant revenue growth in 2023 as artificial intelligence (AI), particularly generative AI (GenAI), began to transform the employee and customer experience of business software. According to ...

A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated ...

British fintech company Revolut made a record pretax profit of 438 million pounds ($553.81 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday, as it looks to ...

Europe and the European Commission (EC) consider electricity grid interconnections between member states as strategically important, contributing to Europe’s energy security. They offer economic efficiency, provide reliability to the ...

Here are the top business stories in Cyprus from the week starting July 1: Energy Minister George Papanastasiou recently pointed out Egypt’s pivotal role as a key partner for Cyprus ...

Turkey’s central bank is determined to combat soaring prices and will stick patiently to its tight policy stance, Governor Fatih Karahan told Reuters, as a series of aggressive rate ...

UBS is seeing a shift in the way clients are interacting with their bankers powered by artificial intelligence, according to the head of the Swiss bank’s domestic business Sabine ...

Apple (AAPL.O) will get an observer role on OpenAI’s board as part of a landmark AI agreement announced last month, Bloomberg News reported this week. Phil Schiller, the ...