Business

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 ...

Despite the proposal by MakerDAO’s co-founder to build a native chain on a Solana fork, $MKR and $SOL are facing uncertainties. Yet, analysts expect them to develop bullish trends ...

Cyprus’s construction sector saw a 16.5 per cent increase in the total value of building permits during the first half of 2023, as well as a 3 per cent increase in their ...

The Cyprus University of Technology (Tepak) on Friday announced that it has awarded scholarships totalling €326,000 to nine third-country nationals, in a significant step toward enhancing its global reach and fostering ...

The City of Dreams Mediterranean resort and casino this week released a statement announcing the launch of Anaïs, Cyprus’ first French Gastro Club. At the club, visitors can taste ...

OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in a row in August, though there are signs ...

By Luigi Scazzieri Her first year in office has confounded expectations, as Italian Prime Minister Giorgia Meloni blended Atlanticism and pragmatism towards the EU with right-wing populism on immigration, cultural ...