Business

Revenue from tourism for January 2023 recorded a 61.7 per cent increase compared to last year’s corresponding month, according to a report released by the Statistical Service on Monday. The total ...

The Cyprus Securities and Exchange Commission on Monday released a statement responding to an announcement by failed cryptocurrency exchange FTX EU (Cyprus) saying that it will commence processes for the ...

After weathering recession and military conflicts, Israel’s high-tech sector could be facing its biggest test yet as the collapse of Silicon Valley Bank (SVB) removes a key funding source ...

Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in a surprise move that analysts said would cause an ...

Sometimes, a single project is enough to instill a sense of optimism across the crypto world. Collateral Network (COLT) is one such platform. The presale of Collateral Network (COLT) has ...

Non-profit organisation TechIsland recently announced that Wargaming general manager Valentinos Polykarpou has been appointed as its new chairman. The Cypriot executive is taking over at the island’s biggest IT ...

The court has power to issue an order for the cancellation of a mortgage when the obligation secured has been paid off or ceased to exist A mortgage creditor has ...

Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of ...

Following the consistent growth of cryptocurrency, more individuals intend to invest in the industry as part of their investment strategy. Before investing, most investors already know which crypto to buy, ...

“Every organisation’s competitive advantage is its people, and we are committed to creating diversified, inclusive, high-performing and profitable work environments,” Anna Prodromou, Consultant, trainer, author & speaker, Anna Prodromou ...

The bank created by the UBS (UBSG.S) takeover of Credit Suisse (CSGN.S) is poised to reduce its workforce by 20-30 per cent, Swiss daily Tages-Anzeiger reported on Sunday, ...

The inflation rate in Cyprus is declining, but is still high [at 6.7 per cent in February 2023]. Interest rates are very low, 1.29 per cent for household deposits and 1.27 per cent for ...

Tesla Inc (TSLA.O) investors are waiting to see how much Elon Musk’s price cuts will pay off: the electric vehicle (EV) maker is expected this weekend to report ...

By Maria Demertzis The early March failure of Silicon Valley Bank (SVB) in the United States, and the sale of Credit Suisse to UBS in Switzerland are reminders of an ...

Car services groups on Friday warned a stalled EU proposal to ensure fair access to valuable vehicle data could pave the way for unfair competition from US and Chinese tech ...

Norges Bank Investment Management will vote against the re-election of Credit Suisse (CSGN.S) Chair Axel Lehmann and six other directors at the Swiss lender’s annual general meeting on ...

The New York Times NYT.N will not pay a monthly fee to get verified check mark status on Twitter, a spokesperson for the newspaper said hours after it lost ...

After more than a decade of experience in sales, business consulting, business development, and branding, Raluca-Ioana Man realised what drives success and expansion. “It is not just about having a ...

As a leading pioneer of Cyprus’ entrepreneurial scene, Antigoni Komodiki is the CEO of Junior Achievement Cyprus, and her role includes the leadership and sustainability of the organisation, leading her ...

As Europe weans itself off fossil fuels, local energy networks are tapping renewable sources to fill the gap and cut consumer bills. By Andrew Dunne They might look like ordinary ...

Microsoft-backed OpenAI is no longer the only game in town for software developers looking to capitalize on an expected $90 billion market for artificial intelligence. Motivated by a wariness of relying ...

Synopsys Inc (SNPS.O) on Wednesday rolled out new artificial intelligence tools designed to get better results faster in the various stages of designing computing chips. Synopsys makes software that ...

Cyprus will run for spot on the board of the International Maritime Organisation (IMO), President Nikos Christodoulides said on Saturday. He said in this way Cyprus would be able to ...

One of the most popular cryptocurrencies, Bitcoin is no longer the “untouchable” digital asset that it once was. However, subsequent negative price action and regulatory controls have led to Bitcoin ...