Business

Opposition party Akel on Monday reiterated their call on government to make moves to drive down electricity costs for households and businesses, while demanding that light be shed on the ...

Cyprus saw a significant reduction in its trade deficit, which stood at €566.5 million in January 2024, according to the Cyprus Statistics Service Cystat. This was a marked decline compared to €1.419.9m ...

bbf: is a recognised leader and one of the top three development companies in Cyprus, specializing in high-end residential and commercial developments with a long-proven successful history and strong expertise. ...

The Deputy Minister of Shipping, Marina Hadjimanoli said Cyprus was committed to attracting young people to the maritime profession as well as more women as part of its effort to ...

Finance Minister Makis Keravnos is in Brussels for the Eurogroup meeting at which ministers are set to discuss macroeconomic developments and prospects in the Eurozone. Their focus will be on ...

TLDR MicroStrategy, led by pro-Bitcoin Michael Saylor, plans to sell $600 million in convertible senior notes to fund additional Bitcoin purchases. The Nasdaq-listed firm already owns 193,000 Bitcoin. Saylor believes Bitcoin is ...

REALTYon, the only event in Cyprus dedicated to the entire property industry, is returning for its second edition, with a further-reaching direction and an exciting agenda of topics. Scheduled to ...

International Business Machines (IBM.N) has said that its initial testing of generative artificial intelligence (AI) tools from Adobe (ADBE.O) has resulted in productivity improvements. IBM said it was ...

British digital bank has raised 340 million pounds ($431.26 million) at a 4 billion pound ($5.07 billion) valuation, the company said in a statement on Tuesday. The round was led by CapitalG, a fund ...

India has asked tech firms to seek its approval before the public release of artificial intelligence (AI) tools that are “unreliable” or under trial, noting they should also be labelled ...

Amazon’s AWS (AMZN.O) said on Tuesday that customers who want to transfer their data to another cloud service provider will not have to pay any network fees globally. ...

Analysts at global investment bank JPMorgan have noted three primary catalysts for the crypto boost, naming Ethereum (ETH) as a significant reason for the surge in crypto retail interest. The ...

TLDR: Bitcoin NFTs have surged by 80%, reaching $168.5 million to overtake Ethereum NFTs. Two top Pepe whales have bought over 840 billion PEPE tokens as its price continues to climb. Over 211 million ...

Here are the top business stories in Cyprus from the week starting March 4: Recently, consulting and advisory firm PwC Cyprus hosted a significant event to present its annual report on ...

Arts and culture can bring imagination and momentum to projects for putting urban neighbourhoods more in tune with nature. By Jack McGovan In the Dutch capital Amsterdam, a thoroughfare called ...

Europe needs to be fast, selective and aggressive in supporting key tech industries amid US-China trade tensions, the Dutch economic affairs minister said in an interview on Wednesday. Micky Adriaansens ...

Alphabet’s (GOOGL.O) Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app stores as ...

Tesco (TSCO.L), Britain’s biggest retailer, said this week it would raise store workers’ hourly pay by 9.1 per cent, in a move that reflects the increase in the government-mandated ...

TLDR BTC bulls expect rallies above the $80,000 range. $RBLZ is set to increase dramatically over the upcoming term. Bitcoin (BTC) set a new historic high against the euro and the ...

The crypto market is experiencing a significant upturn, led by Solana’s impressive surge, positioning it closer to historic highs and narrowing the gap with its nearest competitor, BNB. This ...

The fourth quarter of 2023 witnessed a notable surge in Cyprus’ overall employment, recording a 1.1 per cent increase compared to the same period in 2022. According to data released this week by ...

Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, ...

By Theodoros Zachariadis The European Union adopted the European Climate Law (Regulation (EU) 2021/1119) in 2021, which requires the EU to reach net zero emissions in 2050 – that is, if emissions still exist, ...

European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming months as inflation in the eurozone falls faster than they had anticipated. ...