Business

Once or twice a year in Cyprus we experience heavy rain and storms, which cause damage to the infrastructure and to buildings. Numerous readers contact my office to ask who ...

Personal support and user opinions are crucial to ensuring local transport systems become more widely accessible. By Jessica Berthereau When Inez Rastovac, who works for the Dutch municipality of Tilburg, ...

Sony (6758.T) must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London ...

OpenAI and Microsoft (MSFT.O) were sued last week over claims that they misused the work of nonfiction authors to train the artificial intelligence models that underlie services like OpenAI’...

Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting of ransomware attacks under a security overhaul announced last week after a ...

The Israel-Hamas war is a crisis but, in terms of energy, what happens is dependent on the extent and duration of the fighting. The concern is that the main combatants ...

Navigating the complex interplay of geopolitics and geoeconomics By Panayiotis Tilliros The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and ...

The cryptocurrency market has been bustling with activity, particularly among XRP and Shiba Inu investors. While XRP and Shiba Inu (SHIB) experienced price declines due to market volatility, VC Spectra’...

Despite making easy money, Cyprus banks not helping economy and society By Les Manison Cyprus banks have benefitted considerably from the higher interest rate policies of the ECB since mid-2022, ...

Here are the top business stories in Cyprus from the week starting November 20: Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s ...

By Maria Demertzis When Russia invaded Ukraine in February 2022, the European Union had little experience of imposing sanctions. Numerous sanctions packages later, there is still significant doubt about their effectiveness. ...

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, but ...

Broadcom (AVGO.O) said it planned to close its $69 billion acquisition of cloud computing firm VMWare (VMW.N) earlier this week, wrapping up one of the biggest takeover deals in ...

Italy’s Enel (ENEI.MI) will focus its investments on power grids in the next three years and take a more cautious approach to spending on renewable energy projects, its ...

On November 16, 2023, the first Forbes Cyprus Women in Tech Club event unfolded, illuminating the evening with a theme that resonates deeply in the professional landscape: “Female Voices: How To Elevate ...

In the dynamic realm of technology, the gender gap remains a pervasive challenge, with just 32 per cent of women holding positions in the sector. Here, we unveil the empowering tips ...

Energy Minister George Papanastasiou on Saturday stated that both the Cypriot government and Chevron are highly optimistic that they will come to a mutually accepted plan over the Aphrodite gas ...

The Deputy Ministry of Research, Innovation, and Digital Policy has set its sights on positioning Cyprus as a dominant force in research, innovation, entrepreneurship, and high technology. In an ambitious ...

The recent 8th Greek Raw Materials Community Dialogue in Athens placed a spotlight on the Critical Raw Materials Act and its potential to fortify technological advancement and green energy production. ...

Aristos Philis, a Limassol native, stands at the helm of Lemissoler Navigation Company’s Strategic Development department while simultaneously holding the positions of CEO and co-founder at KeelX. Philis is ...

President of the Cyprus Ports Authority Antonis Stylianou this week underlined the impact of green transition processes within ports, describing the authority’s actions as exemplary practices. This discussion took ...

The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from Counterpoint Research. ...

The mortgage to rent (MtR) scheme for vulnerable lenders will come into effect on December 4, finance ministry permanent secretary George Panteli said on Friday, presenting the scheme at a press ...

Cyprus has emerged as a thriving hub for video game developers and tech innovators, drawing in global gaming companies owing to its skilled workforce and creative environment. In this context, ...