Business

Leaders of the UK’s financial technology industry are urging the British government to increase tax relief and help them raise more investment, as some executives warn a shortage of ...

Take-Two Interactive Software (TTWO.O) will lay off about 5 per cent of its workforce, or around 600 employees, the publisher of the “Grand Theft Auto” franchise said this week, as the ...

Advanced Micro Devices (AMD.O) unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of ...

The first quarter of 2024 has ended with an increase of 5. 4 per cent in tourist arrivals compared to last year, deputy tourism minister Costas Koumis said on Saturday. Speaking to reporters ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

By Maria Demertzis For the next five years, economic security will undoubtedly be one of the top priorities for the leadership of the European Commission. To ensure its economic security, ...

The European Central Bank has made it “crystal clear” that interest rates could be cut in June but has also been firm that policy decisions beyond that remain up in ...

Global financial companies are falling behind on the monitoring and archiving of all business-related communications using personal messaging apps, a survey released this week showed, potentially running the risk of ...

The International Monetary Fund’s steering committee failed to issue a joint communique on Friday amid disagreements over wars in the Middle East and Ukraine, opting instead for a statement ...

Netflix shares fell on Friday, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 sowed doubts in investor minds about growth peaking in some ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced a decision to impose fines amounting to €360,000 on the Cyprus Investment Firm (CIF) MCA Intelifunds. “The Board of CySEC reached ...

In today’s digital age, organizations confront an increasing variety of technical threats to their operations, data security, and reputation. As technology improves, so do hackers’ techniques; taking appropriate cybersecurity ...

The Commonwealth and the Republic of Cyprus have taken a significant step forward by signing a three-year Memorandum of Understanding (MoU) for the establishment of a Commonwealth Blue Charter Centre ...

Deputy Minister of Research Nicodemos Damianou on Friday stated that the public can expect to see concrete progress in the digital transition within the year, referring to specific timelines for ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...

The Cyprus Chamber of Commerce & Industry (Keve), in conjunction with the Ministry of Energy, Commerce, and Industry and the Cyprus Youth Organisation (Onek), this week announced the second call ...

Bitcoin enthusiasts were eagerly waiting for bitcoin’s ‘halving’ on Friday – a change to the cryptocurrency’s underlying technology designed to cut the rate at which new bitcoins are created. ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

The US dollar’s dominant reserve currency status is likely to endure partly because even the most talked about alternative the Chinese yuan falls short as a credible challenger, Morgan ...

A new sector-wide body could help ensure that Britain’s financial regulators fully comply with their new remit of aiding international competitiveness when writing rules, an industry lobby group said ...

Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai’s regulator VARA that will allow the platform to target retail clients in addition to qualified and ...

A total of 10 bicommunal business ventures were crowned winners of this year’s Stelios Foundation Bicommunal Business Awards on Wednesday night. The businesses, all of which are fronted by one ...

By Robert Morgan The Electricity Authority of Cyprus (EAC) has discovered two illegal installations of photovoltaic systems, it emerged on Thursday. The offending sites are commercial properties, EAC representative Christina ...