Business

The Central Bank of Cyprus (CBC) has reported a deceleration in the House Price Index (HPI) for houses and apartments in the first quarter of the year 2024. This trend is ...

British recruiters warned of tough hiring market conditions in the near-term as workers avoid switching jobs and employers take longer to fill vacant positions due to economic and political uncertainties ...

Projects worth €141 million are set to transform the Polis Chrysochous area in the coming years, said the mayor Yiotis Papachristofis. Among these developments is the €60m expansion of the harbour ...

Prepare to dive into the forefront of AI technology and explore groundbreaking topics such as running large language models (LLMs) on local machines, mass AI adoption, AI in Rust, and ...

The transport sector has witnessed a decline in turnover, according to the latest data released by the Cyprus Statistical Service (Cystat). The turnover index for transport and storage in the ...

Representatives of Cyprus’ Research and Innovation Foundation (RFI) and of the Japan Science and Technology Organisation (JST) recently met in Nicosia, to establish collaborations in cutting-edge fields such as artificial ...

The Cyprus Mail recently interviewed Roman Gurskiy and Kirill Gurskiy, managing directors of GEM Capital, to explore their journey from EY to GEM Capital, their investment strategies, and why Cyprus ...

British luxury group Burberry (BRBY.L) on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a “more familiar” look and presses ...

US technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla (TSLA.O), which was seeking a patent licence ...

Kuwait’s budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion dinars and revenues at 18.9 billion dinars, according ...

Bitcoin surged to a two-week high on Monday after the attempted assassination of US presidential candidate Donald Trump raised the odds of the former president, who has presented himself as ...

Island Oil Holdings, a diverse conglomerate specialising in the supply and trading of marine fuels, has released its inaugural environmental, social, and governance (ESG) report, encompassing the fiscal years 2022 and 2023. ...

The Bank of Cyprus on Monday announced a revision to its privacy statement in alignment with the European Union’s general data protection regulation (GDPR) and relevant national legislation. The ...

The Cyprus Mail recently sat down for an interview with Roman Gurskiy and Kirill Gurskiy, managing directors of GEM Capital, to delve into their transition from EY to GEM Capital, ...

Oil held its ground on Monday as downward pressure from a stronger US dollar and concern about demand in top importer China offset support from political uncertainty in the United ...

Yiannis Kotzias, general manager of operations of residential rental platform Phaedrus Living, has come to the defence of short-term rental properties, amidst a wave of criticism aimed at the sector. ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou used his participation at a recently held event by the Research & Innovation Foundation (RIF) to praise Cyprus’ performance in ...

The relevant provision of Article 220 of the Companies Law Cap. 113 provides that in the event that a company liquidation order has been issued or a temporary liquidator appointed, no action ...

The gap in returns between the S&P 500 and the index’s equal-weighted counterpart is at its widest in 15 years, underscoring the need to diversify beyond AI heavyweights such ...

By Fausto Corvino The era of low-cost air travel in Europe may be over for good, thanks in part to recent EU environmental policies. All in all, this is good ...

EU-funded researchers are using AI and satellite technologies to make the continent’s renewable energy infrastructure more reliable. By Jack McGovan Solar panels and wind turbines had to be shut ...

Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from Crunchbase, highlighting the growing appetite for ...

Russian traders have finalised a share exchange for investors in Yandex, often dubbed Russia’s Google, one of the final steps needed to complete a more than $5 billion deal that ...

Here are the top business stories in Cyprus from the week starting July 8: Cypriot tech-driven analytics firm Ask Wire released a comprehensive assessment on Monday of fire risk in the ...