Business

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is “fully behind” a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical ...

Tesla Inc (TSLA.O) has temporarily cut prices of some of its Model Y cars in the US until Feb. 29, less than a month after the carmaker cut Model Y ...

Amazon.com (AMZN.O) founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon ...

By Elias Hazou and Iole Damaskinos Speculation was ongoing on Monday as to the fate of consumers regarding electricity costs as deliberations between the electricity authority (EAC) and the energy ...

Bitcoin rose by 4 per cent to $49,477.75 on Monday, its highest since December 2021. The cryptocurrency has risen some 15.7 per cent so far this year, helped by regulators approving U.S. spot ...

The Central Bank of Cyprus (CBC) on Monday released an announcement addressing recent media reports, concerning the European Banking Authority’s (EBA) peer review report on the supervision of creditors’ ...

Andreas Michael, the owner and managing director of CyView Developers, recently shared insights into the economic outlook and prospects for the construction sector in Cyprus for 2024, including how the country ...

The rising number of loan scam complaints in Australia has reportedly increased between 2022 and 2023, prompting authorities to do all necessary measures to combat fraudulent activities. However, economic fluctuations have created ...

Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces with Israel’s Ministry of Science and Technology, in order to boost collaboration and cross-border relations in ...

Cryptocurrencies, including both altcoins and Bitcoin, are known for their inherent volatility with some crypto assets performing better or woefully than others. Two altcoins in this scenario are Aptos and ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that, in the context of economic diplomacy, president Stavros Stavrou and members of the executive committee will host an ...

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis (STLAM.MI) CEO Carlos Tavares has exposed a tough new reality: Europe’s one-time homegrown national automakers ...

If you are looking for ways to multiply your money, invest in Algotech (ALGT). This new crypto project is currently in its presale phase, and has already raised more than $1.1 ...

Cypriot real estate analytics startup Ask Wire is aiming to create a comprehensive real estate database for the Balkans, as it is now in talks with Romanian companies to showcase ...

British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher ...

EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments more time to reduce debt as well as incentives ...

Oil prices fell in early Asian trade on Monday after Israel said it had “concluded” a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle ...

A number of regulations impose obligations upon sellers and mortgage lenders to protect buyers The legislation introduced by the amending Law 132(I)/2023 is a step forward in the protection of ...

German software developer TeamViewer (TMV.DE) reported higher-than-expected fourth-quarter revenue on Wednesday, helped by partnerships with tech companies such as Siemens (SIEGn.DE). Analysts at JP Morgan note that overall ...

Amazon.com has begun rolling out a new artificial intelligence assistant that is meant to address shoppers’ product questions, but the feature raises as many questions as it answers. Rufus, ...

Snap (SNAP.N) slumped more than 32 per cent on Wednesday after fourth-quarter revenue missed Wall Street expectations, with the company struggling to compete for advertising dollars against heavyweights such as ...

Thermal decomposition is helping to green two major EU manufacturing industries. By Michael Allen For thousands of years, humans have converted wood into charcoal through a technique called pyrolysis. Now, ...

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ...

ICOs (initial coin offerings) often present a prime opportunity for investors who want to jump on the bandwagon of exciting projects from the get-go. But what makes savvy investors lean ...