Business

In a bid to bolster its international presence and promote Cypriot goods in foreign markets, Cyprus participated in the FHC Shanghai 2023 International Food and Beverage Exhibition and the PROWINE Shanghai 2023 ...

The Research and Innovation Foundation (RIF) this week announced two new sponsorship programmes aimed at bolstering the energy sector and facilitating the green transition in Cyprus. According to a press ...

The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs, especially for the young and highly-skilled, research published by the European Central Bank ...

Shoppers at British store chains have seen the slowest increase in prices in almost a year and a half but retailers might struggle to keep inflation on its downward path, ...

Volkswagen’s (VOWG_p.DE) 10 billion euro ($10.9 billion) savings programme will include staff reductions, managers told staff this week, as brand chief Thomas Schaefer warned that high costs and low ...

Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the remarks during the ...

Non-profit technology organisation TechIsland and Adsterra on Tuesday announced the inauguration of the Women in Tech® Cyprus Chapter, an initiative poised to empower women in technology. According to the announcement, ...

The Central Bank of Cyprus on Tuesday released its Monetary Financial Institutions (MFIs) deposits and loans statistics for October 2023, revealing a decrease in both deposits and loans during this period. ...

CBC governor Constantinos Herodotou on Tuesday underscored the evolving European economy’s nuances and the impacts of prevailing monetary policies, during a conference hosted by the Central Bank of Cyprus ...

Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according ...

Both Algorand and Cardano have shown an uptick in price and adoption recently. Meme Moguls is a new project that has a lot of potential, with experts predicting a 100x ...

A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for some time to defeat inflation, a message echoed by fellow policymakers from Australia ...

It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have found a new lease of life after a year ...

One of Russia’s most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in ...

The cryptocurrency market has transformed the financial status of a lot of people. Many stories abound of people who sold all their property to invest in top crypto coins and ...

Advertised salaries in Britain hit their lowest level in six months in October, indicating easing inflation pressure, but a first rise in vacancies since June suggested a recovery in the ...

Scope, Europe’s first ECB-approved credit ratings agency, promises to put more weight on the euro zone’s improved ability to navigate crises although it has concerns about Italy and ...

Former Binance chief Changpeng Zhao must stay in the United States for the time being, a federal judge said on Monday, after the founder of the world’s largest cryptocurrency ...

OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. ...

The government has given energy giant Chevron until Friday to put its position in writing concerning the commercial development of the offshore Aphrodite gas field, the energy minister revealed on ...

Prime Minister Rishi Sunak announced 29.5 billion pounds of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to Europe’s ...

As technology evolves, so do the ways in which investors get access to data surrounding the price performance of cryptocurrencies. Recently, they have turned to AI-driven chatbots like ChatGPT to ...

In today’s episode of crypto innovators, Uniswap (UNI) has decided to allot more voting influence to its DAO delegates. Meanwhile, VC Spectra (SPCT), a new DeFi project, is creating ...

Once or twice a year in Cyprus we experience heavy rain and storms, which cause damage to the infrastructure and to buildings. Numerous readers contact my office to ask who ...