Business

Cypriot lender AstroBank has announced the launch of the three-year AstroBank Target Maturity Fund 2027, which aims to capitalise on the current bond yield environment. In its announcement, the company explained ...

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and ...

Upcoming quarterly reports from US tech giants may show Microsoft (MSFT.O) is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted ...

Heineken (HEIN.AS) sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year, as it kept its 2024 profit growth forecast. ...

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering ...

German email service Tuta Mail has complained to European Union tech regulators about what it described as a sudden drop in Google search results on the day the bloc’s ...

Solana (SOL) is among the top crypto coins that have been facing bearish pressure for the past few weeks. As Solana’s price heads south, its holders are busy exploring ...

Here are the top business stories in Cyprus from the week starting April 22: Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive ...

Britain’s competition watchdog said this week that it was seeking comments on the AI partnerships between Microsoft (MSFT.O) and Mistral AI, as well as between Amazon (AMZN.O) ...

Chinese tech company Huawei (HWT.UL) unveiled this week a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry. ...

Apple’s smartphone shipments in China tumbled 19 per cent in the first quarter of the year, the worst performance since 2020, as the iPhone maker took a hit from Huawei’s (...

Cyprus is a “reliable business centre”, Commerce Minister George Papanastasiou said on Saturday. Speaking at a business conference in New York, he said the island “has remained stable over the ...

In hyper-competitive business domains, solid brand identity is crucial for brands to cut through the noise. Do you know what’s the most important thing for a brand to establish ...

Forex trading is an exciting way to engage in the world’s biggest financial market. With billions of dollars traded daily, the currency market has huge profit potential and high ...

Deputy Minister of Tourism Kostas Koumis this week addressed the growing need for foreign workers in Cyprus’ tourism sector, attributing it to the surge in tourist arrivals exacerbating labour shortages. ...

Elon Musk’s new plan to use current product lines as the basis for new affordable vehicles — rather than springing for all-new models — follows the playbook of Tesla’s old-school ...

By Ioannis Tirkides These are unprecedented times. We are simultaneously on the cusp of a technological revolution and the promise of unparalleled economic prospects, and on the brink of total ...

British travel company Jet2 (JET2.L) has forecast a 33 per cent jump in its annual profit, and said 55 per cent of seats were sold for this summer season on strong ...

Shares in Snap soared nearly 30 per cent in thin volume in Frankfurt on Friday after the owner of the photo messaging app beat Wall Street expectations for quarterly revenue and ...

Cyprus and Kyrgyzstan successfully concluded negotiations over a Treaty for the Elimination of Double Taxation with respect to taxes on income and the prevention of tax evasion and tax avoidance, ...

The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured ...

US auto safety regulators said Friday they have opened an investigation into whether Tesla’s recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is ...

Cyprus emerges prominently in recently released Eurostat data, both as a country with a high proportion of overqualified workers, and as a leader in the Information and Communication Technology (ICT) ...

Deputy Minister of Tourism Kostas Koumis on Friday acknowledged that the Cypriot tourism sector is in need of foreign workers, noting that the increase in tourist arrivals has further exacerbated ...