Business

European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking ...

Finance Minister Mehmet Simsek said on Monday that Turkey’s government would seek further revenues outside the budget, including from privatisation, and that quantative tightening will be carried out if ...

Cyprus’ imports of products from Turkey have skyrocketed over the past few years, soaring to €184.5 million in 2022 compared to just €4.6m in 2013 – with €333m over the past two and a ...

In the ever-evolving landscape of blockchain technology, scalability has emerged as a crucial challenge. Ethereum, one of the most widely adopted blockchain platforms, has faced limitations in terms of transaction ...

The Cyprus Finance Ministry has not yet presented the revised bill aimed at creating a framework for overseeing foreign direct investments to the House of Parliament, according to statements made ...

In the dynamic world of NFT and cryptocurrency investments, seasoned investors are discreetly investing their money on a promising contender. Amid this ever-evolving landscape, $DOMI‘s explosive growth has captured ...

Tesla’s (TSLA.O) supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an “asymmetric advantage” and boost its market capitalization by nearly $600 billion, ...

Zara owner Inditex (ITX.MC), which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial position as weakening demand for ...

In the rapidly evolving blockchain technology landscape, Ethereum has garnered significant attention for its role in reshaping not just the cryptocurrency sector, but also for its profound impact on redefining ...

BMW (BMWG.DE) said on Monday it will invest 600 million pounds ($750 million) at its UK plants to take its iconic Mini brand all-electric by 2030, a fresh boost for Britain’s ...

Oil prices eased on Monday as a stronger US dollar and economic concerns in China weighed on the outlook for fuel demand, but extended supply cuts by Saudi Arabia and ...

Recently, a hacker managed to exploit vulnerabilities in the crypto gambling platform Stake.com, making off with a staggering $41M. It’s natural for investors to wonder if it will ...

The law of equity and trust intervenes and protects the tenant When the underground space of a building, intended to be communal parking space, is rented out to be used ...

The ceremony to award the best representatives of the gambling industry took place in Cyprus on September 4, 2023 at the SiGMA Balkans & CIS 2023 conference. PIN-UP confirmed its leading positions in ...

A global shortage of technicians and independent repair shops qualified to fix electric vehicles (EV) threatens to increase repair and warranty costs for drivers, potentially undermining upcoming deadlines to cut ...

As Europe turns increasingly to clean sources of energy, EU researchers are on a quest to make hydrogen from solar rays and heat. By Tom Cassauwers In July 2023, when southern ...

Meta Platforms (META.O) said last week that it will discontinue the “Facebook News” feature on its social media app in the UK, France and Germany, later this year. Users ...

Apple (AAPL.O) last week said it remained concerned about privacy and security risks it sees in the new EU Digital Markets Act (DMA), after the European Commission had designated ...

Corruption weakens the economy although a lot is being done in Cyprus to work against it, the US state department’s global anti-corruption coordinator said on a recent trip to ...

Here are the top business stories in Cyprus from the week starting September 4: The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing ...

The European Union has picked out 22 so-called “gatekeeper” services, run by six of the biggest tech companies in the world, to face new rules as part of its latest crackdown ...

Apple (AAPL.O) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday. Arm unveiled pricing ...

TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification, as part of the social media company’s data security ...

Astrobank is looking to buy out CDB Bank as it branches out into acquisitions and mergers within Cyprus’ banking sector, it was reported on Saturday. The Cyprus News Agency cited ...