Business

Spanish billionaire Amancio Ortega has bought a logistics centre in the Netherlands currently used by rival British fashion retailer Primark for 110 million euros ($121 million), his family office Pontegadea said. Ortega, ...

By Miranda Xafa THE Greek economy continues to perform positively despite the slowdown in the global economy due to monetary tightening, the energy crisis and wars in Ukraine and the ...

In Q3 of 2023, the Cyprus Securities and Exchange Commission (CySEC) directed 335 Collective Investment Organisation Management Companies, with €8.6 billion in Assets Under Management. This marked a slight increase from the previous ...

The system for registering ultimate beneficial owners (UBO) at the Registrar of Companies, will allow companies to post this information without paying the fines imposed on January 1 for failing to ...

Shipbuilding saw an 8 per cent increase in orders for alternative fuel-powered vessels, which have reached a total of 298 ships, in response to the International Maritime Organization’s (IMO) strict emission ...

The newly-appointed Commissioner for the Environment, Antonia Theodosiou, acknowledged the importance of the Cyprus Sustainable Tourism Initiative (CSTI) and its significance to the tourism industry. Addressing the 16th Annual General ...

The state and the private sector are joining forces to try and bridge the gaps in the jobs market in the IT sector with a targeted programme to attract and ...

Cyprus’ innovation ecosystem boasts over 400 startups and innovative businesses, more than 2500 researchers, and over 4000 entrepreneurs, said Demetris Skourides, the chief scientist of the Research and Innovation Foundation. “These numbers demonstrate ...

Fashion company Shein is seeking Beijing’s nod to go public in the U.S., two sources with knowledge of the matter said, a decision which could delay its float ...

The Russian Foreign Ministry on Friday called a U.S. plan to confiscate up to $300 billion in frozen Russian assets to help rebuild Ukraine “21st century piracy” and said Moscow ...

According to recent reports, Arbitrum’s (ARB) social volume experienced a noteworthy uptick across social media platforms in the last few days. This development rides on the back of the ...

TLDR Ethereum Classic will implement the ‘Spiral Upgrade,’ which should happen on January 31, 2024. An anonymous user sends $1.2 million of BTC to destination addresses linked to Satoshi Nakamoto. Rebel Satoshi is ...

TLDR Ordi has declined significantly despite its recent rally in December. It has fallen into the $60 price range. NuggetRush’s (NUGX) presale has recorded incredible numbers as the launch of ...

ABB (ABBN.S) has bought a company specialising in boosting the mobility of industrial robots – by using artificial intelligence and 3D vision to move around factories and warehouses. The deal ...

Britain’s competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their own products under new powers it is ...

The latest figures published by the Cyprus Statistical Service (CSS) indicate a notable surge in both construction output and construction producer prices profits. Both construction output and construction producer prices ...

Businesses which for one reason or another were unable to update their records regarding their ultimate beneficial owners (UBOs) have asked authorities to relax the rules temporarily so that they ...

Argentina’s annual inflation rate sped past 211% in December, official data showed on Thursday, hitting the highest level since the early 1990s as new libertarian President Javier Milei seeks to ...

Junior Achievement Cyprus (JA Cyprus) is launching its JA StartUp, which is aimed at fostering business ideas and innovation among university students in Cyprus, for the fifth consecutive year. It ...

An amount of €5m has been allocated by the government to help businesses reduce their carbon footprint. The support measure aims at encouraging businesses to reduce greenhouse emissions and was ...

The rise of NEAR Protocol has become a key turning point in the dynamic world of digital currencies. This blockchain platform, with its groundbreaking approach and escalating popularity, is reshaping ...

Microsoft (MSFT.O) said on Thursday its European Union cloud customers would be able to process and store all personal data in the region as part of a phased roll-out ...

Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds – London mayor Sadiq Khan said on Thursday, ...

Crypto markets can change fast, and investors who pivot accordingly will perform best. What was once a sure-thing now looks fickle, and nowhere is this more apparent than the rise ...