Business

The exercise of the right by a debtor to choose and determine for which debt he makes a payment binds the creditor who accepts it and they must allocate it ...

By Marios Clerides Cyprus has gone through a series of crises in recent years, after the government started to lose access to international money markets around 2012. This was followed by ...

By Michalis Persianis The last two years have proven that the well-known clichés about the Cypriot economy are indeed true. Our economy is resilient, robust, highly adaptable and highly ...

OpenAI recently laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI ...

The number of people visiting British shops last year fell by 2.2 per cent, the biggest drop since 2021, industry data has shown, adding to signs of a broader economic slowdown. The ...

The bicommunal technical committee on economic and commercial matters is examining ways to withdraw damaged euro notes that have accumulated in the north through the Central Bank, Greek Cypriot co-chairman ...

Although people may complain about the rising prices, Cyprus’ real estate market is still an ideal sector to invest for long-term security and prosperity, said Yiannis Misirlis, chairman of the ...

After all the excitement of the Christmas and New Year celebrations, January can be sort of a let down! Not a lot to look forward to unless you are a ...

Staying home to dance the night away may soon be the next big thing. EU-funded researchers are using AI to create an online dancefloor for the whole world to share. ...

The Association of Cyprus Banks on Monday announced that interbank and cross-border transactions will soon be completed in just 10 seconds, with the service being available round-the-clock. The new service will ...

The cybersecurity sector is poised for a shift in perception regarding artificial intelligence (AI) in 2025, according to Andrey Leskin, CTO of Qrator Labs. “Over the past two years, there have ...

From solar energy beamed from space to genetic brain maps and live self-repairing bridges, research in 2025 is promising. And we may see more changes that make cities greener and cleaner. ...

Poland’s manufacturing sector saw a further decline in December, with the Purchasing Managers’ Index (PMI) dropping to 48.2 from 48.9 in November, marking the strongest deterioration since August, S&P ...

Nvidia (NVDA.O) emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

British house prices surged again in December as the property market upswing continued, surprising economists who had expected to see a slowdown in price growth, mortgage lender Nationwide said this ...

Chipmaker Nvidia (NVDA.O) has completed its acquisition of Israeli AI firm Run:ai, the startup said this week, following antitrust scrutiny over the buyout. The European Commission granted unconditional ...

Samsung Electronics (005930.KS) became the largest shareholder of South Korea’s Rainbow Robotics (277810.KQ), the robotics company said in a regulatory filing. Samsung, which had previously invested in the robotics ...

As 2025 draws near, Bitcoin still holds the highest market cap among all existing cryptocurrencies, yet it appears that by that point, it will not be the most profitable tool; already, ...

Industrial turnover in Cyprus increased by 1 per cent in October 2024 compared to the same month in 2023, according to the Cyprus Statistical Service (Cystat). In its latest industrial turnover report, released ...

The cryptocurrency market is known for its volatility, specifically in the 2021 bull run where even older adults who had invested in coins like Shiba Inu, after hearing some prominent figure ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

Cyprus has the potential to become a significant supplier of liquefied natural gas (LNG) to the European Union, provided pre-drilling surveys are confirmed, Energy Minister George Papanastasiou said on Friday. ...

The Cyprus Mail recently sat down with Vladimir Bakuteev, a Cyprus-based AI entrepreneur and serial tech founder whose ventures span industries such as VR, gaming, education, and artificial intelligence. As ...