Business

Starbucks (SBUX.O) tapped Chipotle Mexican Grill’s (CMG.N) head Brian Niccol earlier this week to lead the coffee giant known for its pricey lattes amid pressure from activist ...

Paramount Global (PARA.O) has begun laying off 15 per cent of its workforce in the United States, starting Tuesday, as part of its planned job cuts, the media giant said ...

On Holding beat analysts’ estimates for second-quarter revenue this week on strong demand for its shoes and apparel from customers looking for trendy products, but shares fell about 3 per cent ...

Ukraine will need $20 billion in investments to develop its renewable power sector under a plan which seeks to boost its share in the country’s energy mix to 27 per cent ...

How venture capital can help transform Cyprus’ startup landscape By Andreas Panayi Despite the progress and momentum Cyprus has built over the past few years, it’s undeniable that our ...

Balancing art and science in startup appraisal – insights from a veteran investment banker By Chris Droussiotis In one of the numerous conferences I attended in Cyprus, I engaged in an ...

AI PCs accounted for 14 per cent of all personal computers shipped in the second quarter with Apple (AAPL.O) leading the way, according to research firm Canalys, as added artificial ...

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 per cent in July, thanks to China’s strongest growth this year and despite dropping demand in ...

Danish brewer Carlsberg (CARLb.CO) this week lifted its full-year organic growth outlook despite posting weaker-than-expected sales for the second quarter. The company said it now expects full year organic ...

German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said this week. The economic sentiment index fell to 19.2 ...

Eschatology Entertainment, a PC and console game development studio based in Nicosia, on Wednesday announced the closing of an $11.3 million investment round led by KRAFTON, with GEM Capital and The ...

A surge in demand for gold from inflation-stricken Turkey boosted exports of jewellery from Italy’s industrial district of Arezzo in Tuscany, data showed this week, offsetting a drop in ...

From basic concepts to advanced strategies: the Freedom24 approach to investor education Olga Milko, the Business Development Director at Freedom24, spoke to the Cyprus Mail about the growing importance of ...

Investment trends revealed: Real estate leads, financial literacy lags A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong inclination towards real estate ...

Euromoney, a leading international magazine specialising in banking, finance, and financial markets, has awarded the Bank of Cyprus the title of the best bank in Cyprus for 2024. This marks the ...

Global managed volatility funds saw their first net inflows for more than a year last month, as markets reacted to growing concerns over the economic outlook, uncertainty around monetary policy, ...

Social media platform Bluesky said it has seen a surge in signups in the United Kingdom in the recent days, a sign that Elon Musk’s controversial comments on the ...

British pay grew at its slowest pace in nearly two years, likely reassuring the Bank of England that inflation pressures are easing, and there was a surprise drop in unemployment, ...

The global market for Bag On Valve (B.O.V.) products reached USD 9.15 billion in 2022 and is projected to grow to approximately USD 17.86 billion by 2032. This impressive growth, at a ...

The Electricity Authority of Cyprus (EAC) expects to start installing smart meters in the beginning of 2025, the organisation’s board chairman said on Tuesday. Speaking to the Stockwatch news outlet, ...

Meta Platforms (META.O) said on Tuesday that it welcomed Turkey’s reopening of access to its Instagram social media platform and that it continues to talk to Turkish authorities ...

Generation Z and Generation Alpha, the youngest and most tech-savvy cohorts, are reshaping the financial landscape. Gen Z, born between 1996 and 2010, has now surpassed Millennials as the majority generation globally. ...

Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from “A-plus” on Monday, citing worsening geopolitical risks as the war in Gaza drags on, and kept the rating ...

By Elena Karkoti Surveys consistently highlight low levels of financial literacy across the EU and worldwide and CySEC’s own analysis confirms this. Given the importance of finance in today’...