Business

New machines can improve conditions for workers and boost industrial productivity. By Helen Massy-Beresford On the shopfloor of a Dutch machine manufacturer called Hankamp Gears, workers remove bulky equipment from ...

Alphabet-owned Google (GOOGL.O) plans to reorganize a big part of its 30,000-person ad sales unit, The Information reported on Tuesday, citing a person with knowledge of the situation. Sean ...

Canada’s BlackBerry (BB.TO) reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats. While IT spending has dwindled over ...

IT services provider Accenture forecast second-quarter revenue below Wall Street targets on Tuesday, anticipating cautious spending by clients as macroeconomic uncertainty remains an overhang. Analysts expect IT services expenditure to ...

INEOS Chairman Jim Ratcliffe has become a minority shareholder in Manchester United, buying a 25% stake for $33 per share, the Premier League football club said on Sunday, following a bidding process ...

The financial services sector has demonstrated its ability to successfully navigate unprecedented levels of uncertainty in recent years From real estate to insurance to investment management to banking and capital ...

Are you ready for a thrilling ride with Bitcoin? The buzz around Bitcoin ETFs is not just a whisper in the wind; it’s a roaring storm that’s supercharging ...

Here are the top business stories in Cyprus from the week starting December 18: Tourist arrivals in Cyprus between January and November 2023 reached 3,722,022 visitors, reflecting a notable increase of 20.4 per cent ...

By Maria Demertzis On December 8, the EU finally concluded talks on the Artificial Intelligence act, which aims to govern the big artificial intelligence (AI) models that may pose systemic risks ...

Airbus (AIR.PA) is on course to break aerospace order records in 2023 after a buying spree from European airlines and a brisk month so far in deliveries, industry sources said ...

Toshiba (6502.T) was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered ...

Panasonic Energy, a unit of Panasonic Holdings (6752.T), on Wednesday said Oklahoma was no longer a candidate for a new electric vehicle battery plant in the United States. The decision ...

In the fast paced world of AI and blockchain innovation, it is becoming increasingly apparent that the synergistic effect of a variety of game changing technologies and promising projects can ...

The construction of the cable section for the initial leg of the Greece-Cyprus-Israel EuroAsia Interconnector is underway, the CEO of Greece’s Independent Power Transmission Operator (IPTO) said in an ...

Amidst the ongoing Israel-Gaza conflict, concerns about the safety and stability of Cyprus for potential property investors have surfaced. However, Cyprus property market stakeholder Chris Michael released a statement assuring ...

Euro-backed stablecoins will see booming growth, gaining a 0.5 per cent share in total Euro circulation volume within a 3-year period, according to analysts from a Cyprus-based fintech firm and a ...

The year 2022 marked a groundbreaking 85.8 per cent increase in tourist arrivals to Cyprus, reaching a staggering 4,833,939 compared to figures from 2021, according to a report released this week by the state’...

The Research and Innovation Foundation (RIF) this week announced that it has launched its CO-DEVELOP-REPowerEU programme, offering businesses a chance to secure €600,000 in funding for collaborative ventures with research organisations. ...

In a statement to the Cyprus News Agency (CNA), Marios Tsiakkis, the General Secretary of the Cyprus Chamber of Commerce and Industry (Keve), voiced dissent against the Minister of Labour’...

Alphabet’s (GOOGL.O) Google said this week it will restrict the types of election-related queries its chatbot Bard and search generative experience can return responses for, in the run ...

Adsterra, the Cyprus-based AdTech leader, announces its sponsorship of AEL Limassol Women Basketball Club (AEL BC), marking a significant step in the empowerment of women in sports. The collaboration underscores ...

Cypriot indie gaming company Apella Games announced on Friday that it has won a major battle against tech giant Apple Inc., which tried to block the startup from registering its ...

Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the year-end holidays. The ...

President Vladimir Putin placed Russia’s biggest car dealership under temporary state management on Friday, in a step the Kremlin said was driven by commercial logic but which its founder ...