Business

Microsoft (MSFT.O) is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on ...

British house price growth halved in April, when a hike in property transaction taxes took effect, official data showed on Wednesday. Annual house price growth cooled to 3.5 per cent from 7.0 ...

Transport Minister Alexis Vafeades expressed pride on Wednesday during a presentation of the newly upgraded Spyros Kyprianou Athletic Centre in Limassol, ahead of its role as a host venue for ...

Bitcoin (BTC) has performed exceptionally well amidst rising global geopolitical tensions that have rocked the financial markets. Despite the rapidly escalating military actions between Iran and Israel, the price of ...

The wave of Bitcoin (BTC) adoption is accelerating, according to a new weekly report by Matador Technologies. The report states that public companies are quickly growing their Bitcoin holdings, with 22 ...

AI-Driven Cloud Mining Is on the Rise As Bitcoin (BTC) and Dogecoin (DOGE) continue to gain momentum in 2025, more investors are turning to cloud mining as a hardware-free way to ...

Storage units are commonly seen as simple spaces for keeping extra belongings safe. However, their versatility extends far beyond just storing items. Whether you live in a bustling city or ...

On Friday, June 13, 2025, the Trump Media and Technology Group (TMTG) announced that it had gotten SEC approval for a registration tied to a $2.3 billion Bitcoin (BTC) treasury deal. According to ...

British inflation cooled in May as expected by the Bank of England, which is set to keep interest rates on hold this week while it assesses international energy markets rocked ...

As Ripple (XRP) becomes more mature in the field of global cross-border payments and institutional applications, its unique value as a digital asset continues to stand out. The large group ...

Cyprus is ramping up efforts to boost workforce skills with a fresh wave of training programmes, set to launch in the second half of 2025. The schemes have just been approved ...

Nissan (7201.T) is betting on a new version of its Leaf electric vehicle (EV) to revive its fortunes, having gone from mass-market EV pioneer to laggard since its first model ...

Private label products are rapidly reshaping the European retail landscape. From grocery store shelves to supplement counters, more consumers are reaching for private label options—attracted by competitive prices, consistent ...

Oil prices fell on Wednesday, after a gain of 4 per cent in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as ...

Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the latest report published by the Switzerland-based IMD business school in Lausanne. The country ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

The Public Debt Management Office on Wednesday announced that it accepted offers totalling a nominal value of €25 million at the 13-week Treasury Bills auction held on June 16, 2025. Total bids submitted ...

Consumer prices in Cyprus recorded a modest year-on-year increase of 0.4 per cent in May 2025, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Specifically, the Harmonised ...

In Cyprus, many small business owners still rely entirely on their accountant for everything related to finances. It’s a long-standing habit – “My accountant handles it” – that often leaves owners ...

Construction material prices in Cyprus have edged up from last year, despite a monthly dip in May, according to a report from the state statistical service. Specifically, the Construction Materials ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued an invitation to buyers from around the world to participate in the upcoming “Meet the Buyer” online matchmaking event, scheduled ...

Logicom has issued an announcement, under the relevant transparency requirements, related to the exercise of voting rights during its upcoming annual general meeting (AGM), due to take place on Thursday ...

The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the ...

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said. ...