Business

A US sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for departing foreign firms when the deal was on the ...

Crypto millionaires are switching their investments from established cryptocurrencies like Polkadot (DOT) and Tron (TRX) to a rapidly rising newcomer, Everlodge (ELDG). Now in its presale phase, Everlodge represents a ...

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that ...

Ant Group’s retraction of a $100 million crypto investment raises concerns about the potential impact on the value of these top crypto coins. Litecoin (LTC) experienced a drop followed by ...

Cyprus has been established as an important attractive tourist destination and this year is heading towards a very high performance. Over the last few months bookings have exceeded 95 per cent ...

Consulco Group was established 30 years ago and has offices in London, Dubai, Nicosia and Limassol Consulco, through its London-based lending subsidiary, namely London Credit, has been successfully providing London property ...

Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to test medicines, both accelerating drug development and potentially ...

As new technologies reshape workplaces, EU research has come up with new ways to help companies and workers stay in control. By Andrew Dunne Professor Steven Dhondt has a reassurance ...

Broadcom (AVGO.O) tumbled 6 per cent on Thursday after The Information reported Google executives had discussed dropping the company as a supplier of artificial intelligence chips as early as 2027. Alphabet-owned (...

A Polish watchdog is investigating Microsoft-backed (MSFT.O) OpenAI over a complaint that its ChatGPT chatbot breaks European Union data protection laws known as the GDPR, it said. OpenAI has ...

Here are the top business stories in Cyprus from the week starting September 18: Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent ...

OpenAI on Wednesday unveiled Dall-E 3, the latest version of its text-to-image tool that uses its wildly popular AI chatbot ChatGPT to help fill in prompts. Dall-E 3 will be available to ...

Cisco Systems (CSCO.O) has agreed to buy cybersecurity firm Splunk (SPLK.O) for about $28 billion in its biggest-ever deal to beef up its software business and capitalize on the ...

A softening employment market in Britain “must weaken” consumer demand in 2024/25, the boss of clothing retailer Next (NXT.L), said on Thursday. “I’m not going to try and predict ...

Bitfinex recently hit the headlines after it announced that capital outflows in the crypto market for August had reached $55 billion. The figure was calculated after taking into account the capital ...

In the crypto ecosystem, where change is the only constant, two top crypto coins, Solana (SOL) and InQubeta (QUBE) are making considerable strides. With the former threatening a fresh breakout ...

In a collaborative effort to tackle the challenges facing the tourism industry, particularly the shortage of staff, the Pancyprian Association of Owners of Hospitality Centres (Osika) held a meeting earlier ...

The upward trajectory of property prices in Cyprus over recent years, driven notably by the rising cost of construction materials and increased demand, has prompted concerns among experts, including Marinos ...

During a meeting held this week in New York, Cyprus President Nikos Christodoulides engaged in discussions with the leadership of Ernst and Young, headed by Julie Linn Teigland, Managing Partner ...

Cyprus is dedicated to a dual green and digital transformation, with clear objectives aligned with EU priorities, according to a statement released on Thursday by Deputy Minister of Research, Innovation, ...

By Maria Demertzis At the heart of the EU’s legitimacy as an institution is its treaties. These agreements on what Europeans need to do together to achieve common goals ...

Cryptocurrency usage is growing in Nigeria as Africa’s largest economy grapples with a weakening currency and soaring inflation, New York-based blockchain research firm Chainalysis said in a report this ...

House president Annita Demetriou met on Friday with the new Accountant-general Andreas Antoniades. At the meeting, she “declared her readiness to strengthen the cooperation between parliament and the General Accounting ...

Europe is set for a recession and we must have a strong economy to combat it, Trade and Energy Minister Giorgos Papanastasiou told CyBC on Friday. His warning came when ...