Business

Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said ...

Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between Israel and the Palestinian Islamist group Hamas, although Gaza continued to ...

Will this be the solution to the problems of apartment buildings? By George Mouskides In order to avoid misunderstandings, we have to admit that there is currently relevant legislation regulating ...

Europe is pushing to create a network infrastructure based on quantum physics. By Jonathan O’Callaghan In May 2023, Dr Benjamin Lanyon at the University of Innsbruck in Austria took an ...

City farming and food sharing are blossoming in Europe with the help of local traditions and EU research. By Anthony King Picture the following scene in the Netherlands: kids roll ...

With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regulators are poised to scrutinise such calls ...

Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an arbiter between the United States, ...

Here are the top business stories in Cyprus from the week starting October 16: The priorities of the government are intertwined with the commitment to incorporate technology and digitisation into its ...

The European Union’s data protection watchdog this week called for stronger privacy safeguards in EU draft legislation to underpin a digital euro. The European Central Bank (ECB) is due ...

A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloyd’s ...

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, will build a new kind of data centre using Nvidia (NVDA.O) chips and software for a range of ...

EE, Britain’s biggest mobile operator, said this week that it would launch a sales platform called EE ID to try to grow its retail offering by selling gaming consoles ...

Cyprus is facing a critical situation when it comes to being able to access housing, with numerous indicators painting a grim picture that demands immediate attention, according to Marinos Kineyirou, ...

Cyprus’ Composite Leading Economic Indicator (CCLEI), compiled by the University of Cyprus’s Economic Research Centre (CypERC), displayed a 2.6 per cent annual increase in September 2023, a reflection of positive trends ...

Finance Minister Makis Keravnos this week reiterated the government’s commitment to bolstering the administrative services sector in Cyprus. The minister’s comments were delivered during his address at the 11...

The Construction Material Price Index in Cyprus experienced a slight annual decline in September, marking its first yearly decrease in nearly three years, particularly since November 2020. According to data from ...

Microsoft (MSFT.O) is preparing to bring Amazon.com (AMZN.O) as a customer for its 365 cloud productivity tools in a deal worth over $1 billion, news site Insider reported on ...

German chip manufacturer Infineon (IFXGn.DE) said earlier this week that it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric ...

US companies across sectors such as food and beverage makers and manufacturers of glucose monitors have faced investor questions over the risk to future sales from the growing popularity of ...

Finance Minister Makis Keravnos said the government is “not dogmatic” on Friday after reinstating the electricity subsidy on Thursday. Speaking to reporters following a meeting with European Court of Auditors ...

Rostislav Solod, a 19-year-old rising star in the world of politics, has garnered attention not only for his early entry into the political arena but also for his remarkable success ...

President Nikos Christodoulides announced several multi-million-euro projects in the municipalities and communities of the Famagusta district, highlighting the government’s commitment to the area’s development, during a gathering at ...

UBS (UBSG.S) on Friday said it will overhaul the board of its domestic Swiss business after its takeover of Credit Suisse, including a new chairman to oversee both operations. ...

Relentless selling of US government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate ...