Business

British Prime Minister Rishi Sunak said his government would turn to cutting tax after a fall in inflation, speaking ahead of this week’s budget update when finance minister Jeremy ...

The ongoing conflict in Gaza poses a significant threat to tourism in Cyprus, resulting in cancellations and reduced arrivals, particularly from Israel, president of the Hoteliers Association (Pasyxe) Thanos Michaelides ...

Invest Cyprus, the Cypriot Investment Promotion Agency, is poised to unveil its strategic objectives and initiatives during its Annual General Meeting, taking place later today. The conference, to be held ...

Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s resolve to support the sector in Cyprus, underpinned by its commitment to the ...

Weight loss was the talk of this earnings season, making names such as Wegovy, Ozempic and Mounjaro the water-cooler discussion that companies across the globe could not ignore. Analysts attended ...

Part of the estate may be sold to facilitate distribution The administration of the estate of a deceased person is regulated by the relevant law, which provides who can be ...

The dollar slid to a two-month low on Monday, extending a downtrend from last week as traders reaffirmed their belief that US rates have peaked and turned their attention to ...

Despite the surge in Polkadot’s value, fueled by the Astar Network partnership, and the strategic collaboration between io.net and Render Network to enhance AI infrastructure, investors are turning ...

Oil futures edged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle ...

OpenAI has appointed ex-Twitch boss Emmett Shear to lead the startup, replacing Sam Altman who will join the company’s top backer Microsoft MSFT.O to lead a new advanced ...

Our island is in need of a lot more green. The Ministry of Agriculture is encouraging tree planting, as are charity organisations and others. A lot of this is done ...

Leading European on-demand transportation platform Bolt on Monday announced the launch of electric scooter rentals in the Greater Nicosia area. In its announcement, the company, which has over 150 million customers ...

Discounting and new products expected to propel the market towards year-on-year growth By Souzana Psara Global tablet sales reached 33 million in the third quarter of 2023, as reported by industry analysts ...

Researchers in Europe are working to counter potential risks from nanomaterials used by a range of industries for technological advances. By Tom Cassauwers While others might dream big, Dr Otmar ...

If you can’t beat them, buy them. For years, a little-known company called Tooling & Equipment International (TEI) has helped Tesla (TSLA.O) push back the frontiers of “gigacasting”, ...

Glencore (GLEN.L), ExxonMobil (XOM.N) and Stellantis (STLAM.MI) are among companies lobbying for policies that conflict with their own pledges to cut carbon emissions, a study published by ...

By Dorina Mastora The advent of digital currencies presents us with a new epoch characterised by an innovative breed of money. At the heart of this revolution is the digital ...

Here are the top business stories in Cyprus from the week starting November 13: Port management company DP World Limassol on Wednesday announced that Limassol port saw record cruise ship calls ...

The International Air Transport Association (IATA) recently announced the continuation of a robust post-pandemic surge in passenger traffic throughout September. The momentum observed in passenger demand during this month contributes ...

Microsoft (MSFT.O) this week announced a duo of custom-designed computing chips, joining other big tech firms that – faced with the high cost of delivering artificial intelligence services – are bringing ...

China’s Lenovo Group Ltd (0992.HK) on Thursday posted a 16 per cent fall in revenue for the three months through September, meeting market expectations, as supply for personal computers (PCs) ...

Britain’s Ocado Group (OCDO.L) has secured its first deal outside grocery retail to provide its robotic warehouse technology to a site of drug distributor McKesson Corp’s (MCK....

As investor interest shifts towards ApeCoin (APE), VC Spectra (SPCT), and Celestia (TIA), three digital assets have captured attention with their recent developments. ApeCoin’s token unlock cliff, VC Spectra’...

The Cyprus Council for Registration of Real Estate Agents this week announced a staunch stance against any collaboration or support offered by licensed real estate agents to individuals operating unlawfully ...