Business

We asked ChatGPT, OpenAI’s viral chatbot, how it felt on its first birthday. This was its reply: “Thank you for the birthday wishes! However, it’s important to note ...

Microsoft’s (MSFT.O) plan to pump 2.5 billion pounds ($3.2 billion) into Britain over the next three years, its single largest investment in the country to date, will underpin future growth ...

In the crypto world, a new player is emerging as a favorite among Monero (XMR) enthusiasts: VC Spectra (SPCT). This development comes as Monero (XMR) recently outpaced Bitcoin in usage ...

Here are the top business stories in Cyprus from the week starting November 27: The government and Chevron have agreed on the terms for developing the ‘Aphrodite’ gas field in block 12 ...

Beneath the surface of Cyprus’ workforce in 2023, beyond the stereotypes, complexities emerge among generations. Gen Z is labelled as overly sensitive, Millennials as cringe-worthy, Boomers as villains, and Gen X ...

By Maria Demertzis How well are central banks doing? Right now, they are making losses but, unlike most large institutions, we should not assess their performance on annual profit and ...

Google DeepMind has used artificial intelligence (AI) to predict the structure of more than 2 million new materials, a breakthrough it said could soon be used to improve real-world technologies. In ...

Meta Platforms’ (META.O) advertising-free subscription service, a fee-based offering rolled out in Europe this month, breaches EU consumer laws, Europe’s largest consumer group said on Thursday as it ...

The US government will cut off cryptocurrency companies from the broader US economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally Adeyemo warned the ...

In the dynamic world of cryptocurrency, Cardano (ADA) is at a crucial juncture right now. It’s getting close to a key area where investors might be interested, and this ...

In the dynamic realm of cryptocurrencies, VC Spectra (SPCT) has captured attention, emerging as a standout contender. However, ApeCoin (APE) faces a formidable challenge, experiencing a significant 60.52% downturn over the ...

Traders are searching for initiatives with huge growth potential as the year comes to an end. But out of all of them, one appears to be gaining traction thanks to ...

Leading global IT services firm Kyndryl, which also has offices in Cyprus, this week released its technology sector predictions for 2024, spanning several key areas, including artificial intelligence, data governance, and ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that, in partnership with the Faculty of Economics and Management (FEM) at the University of Cyprus, it recently organised an ...

The Business Turnover Index in Cyprus displayed mixed trends across sectors in the third quarter of 2023 when compared to the corresponding period of the previous year, according to a report ...

Cyprus’ Producer Price Index in the industrial sector reported a decline of 1.7 per cent, reaching 138.4 units, for the month of October 2023, according to a report by the Cyprus Statistical Service (...

Cyprus marked its presence in one of Europe’s most significant food and beverage exhibitions, presenting its distinctive booth featuring products from eighteen Cypriot companies. According to an announcement by ...

Abu Dhabi’s Aldar Properties (ALDAR.AD) has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291 million) in its first acquisition outside the Middle East. “Aldar ...

Tesla (TSLA.O) started deliveries of its long-delayed Cybertruck electric pickup on Thursday, after CEO Elon Musk tempered investor expectations citing problems in ramping production of what he called a “...

The government and Chevron have agreed on the terms for developing the ‘Aphrodite’ gas field in block 12 of Cyprus’ exclusive economic zone (EEZ), the energy ministry announced on Friday. Negotiations ...

Deputy Minister of Tourism Kostas Koumis on Friday said that tourist arrivals from Poland are expected to exceed 300,000 in 2024, after having conducted a number of meetings with tourism stakeholders in ...

Southeastern Mediterranean countries, including Cyprus, “can pioneer the hydrogen economy”, Cyprus Energy Regulatory Authority (Cera) chairman Andreas Poullikkas said. Poullikkas was speaking at a conference on the subject of energy ...

Real estate market sees €1.4 billion in property transfers, while sales documents hit €3.3 billion The Cyprus real estate market showcased remarkable resilience amid prevailing challenges, marking impressive achievements from January to ...

A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of London to Frankfurt’s ‘Mainhattan’ financial district. Even rainmakers ...