Business

Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...

The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets are craving some guidance. ...

The environment is not being taken seriously by individuals or by the competent authorities when it comes to building developments. Of course, there has been considerable progress in the last ...

Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday. The updated conversion rate is ...

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to persistent strength in the labour market. Initial claims for state unemployment benefits dropped 9,000 to ...

Cell-cultivated meat companies could receive new investment since US regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional ...

Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? A: With the world’s cheapest Domino’s pizza. The 49...

Streaming video pioneer Netflix (NFLX.O) disappointed Wall Street with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9 per cent in after-hours trading. The revenue figure, ...

It is Barbie’s world, and U.S. small businesses hope their social-media marketing can help them cash in on it. From Malibu makeovers to striped dog bandanas to hot ...

The Ethereum Consensus Scaling Effort is a series of projects that are designed to improve the scalability of the Ethereum blockchain. The goal of these projects (which include sharding, rollups, ...

Here are the top business stories in Cyprus from the week starting July 17: Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same ...

Meta (META.O) is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to ...

Microsoft (MSFT.O) this week said it would charge at least 53 per cent more to access new artificial intelligence features in its widely used office software, in a glimpse at ...

Tesla (TSLA.O) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s ...

A new battleground emerged between two tech titans, Elon Musk and Mark Zuckerberg. These two are constantly making jabs at each other, with Elon offhandedly remarking that he would beat ...

The trajectory of a cryptocurrency’s rise or fall is often as unpredictable as it is rapid. This is the precarious scenario in which Algorand (ALGO) now finds itself, grappling ...

Plum, the smart money app whose Cypriot office is located in Nicosia, on Friday, announced that it is revolutionising the stock investment experience for customers in Cyprus with the introduction ...

Kition Ocean Holdings this week announced that it has decided to extend the low berthing fees for the next quarter, following a meeting with the local representative of the Pan-Cyprian ...

By Maria Demertzis For all the problems and crises that the EU has gone through in the past 15 years, immigration is one that still proves difficult to address. It cannot ...

Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late ...

The Independent trade unions federation (Poaso) has called on the government to implement a windfall tax on profits from renewable energy sources. They say that the proceeds from the tax ...

The Turkish central bank introduced 15 per cent required reserves for FX-protected lira deposits, a table published on Official Gazette showed early on Friday. Bankers said the change in required reserves ...

In the ever-evolving landscape of cryptocurrency, two stories are currently capturing the attention of investors. Bitcoin, the pioneer and leading digital currency, has been hovering around the crucial $30,000 mark, evoking ...

Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office ...