Business

Deputy Minister of Tourism Kostas Koumis has extolled the value of sports tourism, saying that it can have a multiplier effect on the local economy, after having noted the segment’...

German credit rating agency Scope has completed its periodic review of the Cypriot economy, opting not to issue a rating action, citing no significant changes that would impact the assessment ...

The terms of purchasing an immovable property are a decisive factor as well as its price Entering into a sale contract that is tailor made for the benefit of the ...

Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model, designed to help scientists design drugs and target diseases more effectively. In 2020, the company made a ...

Meta Platforms (META.O), the parent company of Facebook and Instagram, said that it was expanding its suite of generative AI ads products to offer tools that can automatically create ...

By Anthony King A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr John Abou-Rjeily, a researcher at Tiamat ...

Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial ...

Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms to filter out or downgrade harmful material to help protect children under recently published proposed British ...

Here are the top business stories in Cyprus from the week starting May 6: The Easter holiday season saw a 50 per cent decline in business activity for restaurants, bars, and other ...

Airbnb shares tumbled more than 6 per cent earlier this week after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took ...

Ferrari’s (RACE.MI) core earnings rose 13 per cent in the first quarter but its shares fell earlier this week as the luxury sports car maker confirmed its full-year forecasts, ...

Reddit shares soared 14 per cent earlier this week after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since its market debut. ...

Video game publisher Electronic Arts (EA.O) forecast full-year bookings below Wall Street estimates on Tuesday amid a broader spending slowdown in the gaming industry due to an uncertain economic ...

TLDR A crypto enthusiast made $8.39 million through his $100 investment. $RECQ provides more than 237% gains ahead of the official launch. LarpVonTrier is making significant waves with his inspiring investment story, as ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

By Andreas Charalambous and Omiros Pissarides Following successive interest rate hikes and the policy of gradual quantitative easing in the developed economies over the last two years, emerging macroeconomic conditions ...

Walt Disney’s (DIS.N) surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its shares down 6 ...

British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs ...

The future of the maritime industry is set to be a focal point at the Poseidonia 2024 World Expo, where a wide range of critical industry issues will be analysed by ...

The cost of coffee fell in Cyprus between March 2023 and March 2024, according to the European Union’s statistical service Eurostat. On average, coffee cost 2.3 per cent less in March this ...

Cyprus’ trade deficit narrowed sharply in the first quarter of this year annually, mainly reflecting the deceleration in prices and inflation, according to a report by the Cyprus Statistical Service (...

Numerous brands are now working in the demanding marketplace where consumers are becoming more and more environmentally-conscious. Packing papers play a crucial role in making this happen. They also provide ...

If there’s one region in Cyprus that has consistently delivered unforgettable summer holidays, that’s Ayia Napa. This iconic destination, with its stunning beaches, impressive nature, famous nightlife, and ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...