Business

Here are the top business stories in Cyprus from the week starting November 20: Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s ...

By Maria Demertzis When Russia invaded Ukraine in February 2022, the European Union had little experience of imposing sanctions. Numerous sanctions packages later, there is still significant doubt about their effectiveness. ...

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, but ...

Broadcom (AVGO.O) said it planned to close its $69 billion acquisition of cloud computing firm VMWare (VMW.N) earlier this week, wrapping up one of the biggest takeover deals in ...

Italy’s Enel (ENEI.MI) will focus its investments on power grids in the next three years and take a more cautious approach to spending on renewable energy projects, its ...

On November 16, 2023, the first Forbes Cyprus Women in Tech Club event unfolded, illuminating the evening with a theme that resonates deeply in the professional landscape: “Female Voices: How To Elevate ...

In the dynamic realm of technology, the gender gap remains a pervasive challenge, with just 32 per cent of women holding positions in the sector. Here, we unveil the empowering tips ...

Energy Minister George Papanastasiou on Saturday stated that both the Cypriot government and Chevron are highly optimistic that they will come to a mutually accepted plan over the Aphrodite gas ...

The Deputy Ministry of Research, Innovation, and Digital Policy has set its sights on positioning Cyprus as a dominant force in research, innovation, entrepreneurship, and high technology. In an ambitious ...

The recent 8th Greek Raw Materials Community Dialogue in Athens placed a spotlight on the Critical Raw Materials Act and its potential to fortify technological advancement and green energy production. ...

Aristos Philis, a Limassol native, stands at the helm of Lemissoler Navigation Company’s Strategic Development department while simultaneously holding the positions of CEO and co-founder at KeelX. Philis is ...

President of the Cyprus Ports Authority Antonis Stylianou this week underlined the impact of green transition processes within ports, describing the authority’s actions as exemplary practices. This discussion took ...

The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from Counterpoint Research. ...

The mortgage to rent (MtR) scheme for vulnerable lenders will come into effect on December 4, finance ministry permanent secretary George Panteli said on Friday, presenting the scheme at a press ...

Cyprus has emerged as a thriving hub for video game developers and tech innovators, drawing in global gaming companies owing to its skilled workforce and creative environment. In this context, ...

The crypto market has been a tumultuous roller coaster ride in 2023. While Bulls have dominated the markets of top crypto coins like Bitcoin (BTC) since the start of Q4, investors ...

In a groundbreaking development reflecting the International Maritime Organisation’s (IMO) commitment to gender equality, Despina Theodosiou, a notable figure in the Cypriot shipping industry, has been honoured with the ...

Cypriot Deputy Minister of Tourism Kostas Koumis took part in the ‘Mediterranean Tourism Forum Minister’s Summit’ this week, calling for pragmatism in the implementation of climate change plans in ...

Retailers are hoping forecasts for a cool, dry Black Friday across much of the U.S. will drive millions of shoppers to their stores in the kickoff to the key ...

Cardano (ADA) and dYdX (DYDX) have performed better than many top altcoins. In addition to demonstrating significant potential, they have also observed an increase in whale transactions. However, there is ...

According to Bloomberg, the approval of Spot Bitcoin ETFs inches closer as Grayscale meets more of the SEC’s requirements. Tokens that experts have picked to explode once a spot ...

Nissan (7201.T) said on Friday it would pump 1.12 billion pounds ($1.4 billion) into its British plant to build electric versions of two models, offering a boost to the country’s auto ...

Germany’s financial firms may be well capitalised now but face challenges ranging from rising interest expenditure and weak loan demand to unrealised losses, Bundesbank Vice President Claudia Buch said ...

The exciting times are back in the crypto market, as many top altcoins are in the green. Investors are busy finding gems with the potential to grow their portfolios spectacularly ...