Business

Something is changing in Larnaca, with many projects going on the public and the private sectors. There is the ongoing fixing up of the old city, extending from the coastline ...

A building block of modern society and a sizeable contributor to climate change, steel is prompting a hunt for cutting-edge technologies to decarbonise the sector. By Tom Cassauwers On an ...

A total of 130 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a ...

By Charles Ellinas The UN Sustainable Development Solutions Network (SDSN) has just published the 2023 edition of its annual ‘Sustainable Development Report’, and it does not make good reading for Cyprus. ...

Nike (NKE.N) is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker (FL.N) and ...

Cyprus and global banking sectors are facing a cocktail of challenges that lead to radical change, banking expert Chris Davis told the Cyprus News Agency on Sunday, underlining that enhancing ...

By Patricia Jordan ‘High summer’ in the garden here brings out the amazing flowers of tropical and semi-tropical trees. If you live along the coastline then you will be able ...

Small and medium-sized enterprises (SMEs) represent 99% of all businesses in Cyprus and employ almost 85% of all employees. This rightfully identifies SMEs as key players in the Cypriot economy. At a ...

Here are the top business stories in Cyprus from the week starting June 26: Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ...

Staking cryptocurrency is a great way to generate a passive income in 2023. Average returns can be significantly higher than traditional savings accounts, with some projects offering returns rates of up ...

Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for ...

Oracle Corp (ORCL.N) is spending “billions” of dollars on chips from Nvidia Corp (NVDA.O) as it expands a cloud computing service targeting a new wave of artificial intelligence (...

The Asian Development Bank approved on Thursday a $1 billion loan to help one of Philippines’ largest cities procure a fleet of more than 1,000 electric buses, in an important step towards ...

TIME Magazine recently named Polygon (MATIC) one of the most influential cryptocurrency projects around. Meanwhile, InQubeta (QUBE) gets the honor of being the most promising crypto platform linked to artificial ...

Cyprus tourism sector expects full recovery by 2024, with industry stakeholders cautiously optimistic as they navigate the current set of challenges By Kyriacos Nicolaou The recovery of the Cyprus tourism sector ...

In the exciting world of crypto, TMS Network (TMSN) emerges as an electrifying force, surging ahead of established players like Monero (XMR) and Stacks (STX). With its innovative approach to ...

Elevate Digital, a Paphos-based digital marketing agency, this week announced the launch of its first incubated startup, beincyprus. According to the announcement, the platform aims to make the transition to ...

The Economic Policy Uncertainty (EPU) Index in Cyprus has returned to more normal levels in spring 2023, indicating a significant decline in uncertainty one year after the start of the Russia-Ukraine ...

More than three-quarters of the population in Lombardy, Italy’s largest and most industrialized region, banked online last year, compared with the national average of 63 per cent, the Bank of ...

The leaders of Microsoft (MSFT.O) and Activision Blizzard (ATVI.O) on Wednesday sought to allay antitrust concerns that a proposed $69 billion merger of the two companies would unlawfully concentrate ...

Total gross revenue (pay-in) from class A and class B bookmakers amounted to 267.6 million in the first quarter of 2023 marking an increase of 21% compared with the respective quarter of last ...

The highly polluting Dhekelia power plant must be upgraded because it is “very important” for the state, Energy Minister Giorgos Papanastasiou said on Friday. His statements are in line with ...

The first Israeli cruise ship of the summer, named the Crown Iris, arrived in Larnaca on Friday with a total of 1,600 tourists on board. The boat left the Israeli port ...

Borderless payments, sustainability and inclusion, as well as the exponential increase in payment options, are just three of the trends defining the upcoming economy, which will be more technologically advanced, ...