Business

Here are the top business stories in Cyprus from the week starting August 12: A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong ...

Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline. Almost three decades after ...

British consumer price inflation increased for the first time this year in July, official figures showed this week, but the rise was smaller than expected as services prices – closely watched ...

Google parent Alphabet (GOOGL.O) said this week it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities ...

Sahara AI, a startup integrating the blockchain and artificial intelligence, announced that it has raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and ...

As the world steadily embraces digital advancements, Virtual Currency emerges as a revolutionary force with the potential to transform various sectors, including education. The decentralized nature of Virtual Currency, along ...

Mad Crusader, a Cyprus-based game intellectual property (IP) incubator, this week announced that it is accepting enrollment applications for the second batch of its game IP Incubation Programme, set to ...

China’s Lenovo Group (0992.HK) reported a 20 per cent rise in quarterly revenue this week, as the global personal computer market showed signs of recovery after a two-year slump. For ...

China’s Tencent Holdings (0700.HK) reported an 8 per cent rise in second-quarter revenue earlier this week, driven by a recovery in its gaming business after a launch of a new ...

Swedish games developer Embracer (EMBRACb.ST) reported a 50 per cent drop in first quarter operating profit this week after the owner of the Tomb Raider franchise released fewer games. The ...

Britain’s Revolut has been valued at $45 billion through a secondary share sale to new and existing investors, the financial technology firm said on Friday, cementing its position as one ...

British workers produced 0.1 per cent less per hour worked in the three months to June, compared with their output a year earlier, the Office for National Statistics said this week. ...

On September 26 2024, the city of Limassol will host TEDxMolos Women 2024, an event designed to highlight and celebrate the evolving role of women in leadership. The event, set to take place ...

Hellenic Bank this week announced the launch of a new initiative designed to support first-time homebuyers in Cyprus. The “First-time Homeowners” scheme offers reduced interest rates for the initial three ...

The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). ...

Exploring the importance of financial education in navigating modern economic challenges Financial literacy is not a new concept, although it has only come into vogue in the last three decades ...

A unique IP-building framework aims to revolutionise the entertainment industry Mad Crusader, a Cyprus-based game intellectual property (IP) incubator, this week announced that it is accepting enrollment applications for the ...

Chairman of the Cyprus Energy Regulatory Authority (Cera) Andreas Poullikas has handed in his resignation, which reportedly has nothing to do with major energy issues still pending, the finalising of ...

British retail sales edged up in July, boosted in part by extra spending due to the men’s Euros soccer championship, official figures showed on Friday, after an unusually cool ...

Education ministry’s new curriculum aims to make the next generation financially savvy Concerns about low financial literacy among Cypriots prompted the ministry of education to introduce a lesson about ...

The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data ...

Oil prices were set for a second straight week of gains despite edging lower on Friday, as recent US economic data boosted optimism about demand from the world’s top ...

Empowering youth through financial literacy: the key to personal and professional growth Marigeorgia Voskaridou is dedicated to fostering growth, firmly believing that every individual has the inner power to reach ...

The number of companies that set up base in Abu Dhabi’s financial centre ADGM increased by 31 per cent in the first half of the year as the likes of ...