Business

Oil prices ticked up slightly on Monday following the widely expected extension of voluntary output cuts by the OPEC+ producer group on Sunday. Brent futures climbed 14 cents to $83.69 a barrel ...

In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban ...

Infocredit Group, based in Cyprus, has clinched the ‘Best KYC Solution 2024’ title at the Sigma Eurasia Awards for the second year running. According to an announcement released by the firm, ...

Consulting and advisory firm PwC Cyprus recently presented its annual report for the Cypriot real estate market, which includes important information about the sector’s performance in 2023. The presentation took ...

A new generation of commercial electric vehicles is emerging to reduce air pollution and congestion in urban areas. By Karen McHugh At the end of January 2024, keen-eyed residents of the ...

Improved cybersecurity defences for electronic commerce have emerged from EU-funded projects. By Tom Cassauwers What do a Greek pharmacy, a Spanish multinational bank, a German foundation specialised in the digital ...

Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector just as ...

Deutsche Telekom (DTEGn.DE) recently showcased a futuristic smartphone concept that relies on artificial intelligence rather than applications (apps) to handle users’ specific needs. Smartphones today typically use apps for ...

Global companies are setting up more offices in India and expanding in-house teams but that does not mean the end of the road for Indian IT firms, which rely heavily ...

TLDR Arbitrum (ARB) has announced a partnership with Apecoin. Sei has been on a bullish increase in the past few weeks. NuggetRush (NUGX) is becoming one of the hottest gaming ...

Here are the top business stories in Cyprus from the week starting February 26: The Cyprus Marine Club (CMC), a renowned non-profit organisation that plays a pivotal role in bringing together ...

Investors’ fervor for all things AI-related is leaving its mark on the US options market, as traders pile in to derivatives bets to gain exposure to the red-hot investing theme. ...

Alphabet’s (GOOGL.O) Google Cloud has ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of ...

Online travel platform Expedia (EXPE.O) said on Monday it was cutting about 1,500 jobs globally, or about 9 per cent of its total workforce, as part of its “organizational and technological ...

Zoom Video Communications (ZM.O) on Monday posted better-than-expected quarterly results helped by strong demand for its expanding product portfolio as more employers embrace hybrid work models, sending its shares ...

The lawyers who voided Elon Musk‘s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker’s stock. “We recognize ...

After a 2-year-long bearish winter, the bull market appears to be here. Confidence and optimism are nearing a frenzy, and more importantly, renewed buying interest. Investors are eyeing promising altcoins, ...

The Research & Innovation Foundation (RIF) this week released a statement highlighting Cyprus’ impact at the “Mobile World Congress Barcelona 2024” and “4 Years from Now” (4YFN), the world’s largest exhibitions ...

The Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) on Friday signed a Memorandum of Cooperation during a ceremony held in Nicosia. The signing ceremony took place ...

By Charles Ellinas That’s what the findings of the Economist Intelligence Unit’s (EIU) 2023 edition of its annual ‘Democracy Index’, released mid-February, show. In contrast to Cyprus, Greece improved ...

Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for electric models to counter leaner Chinese rivals which are bringing cheaper vehicles ...

Microsoft’s (MSFT.O) deal with French tech startup Mistral AI is facing scrutiny in the European Union. On Monday, Microsoft announced it would soon make Mistral’s AI models ...

Amazon Web Services Mexico (AWS), a unit of Amazon.com Inc (AMZN.O), announced on Monday it will invest over $5 billion to open a cluster of data centers in Mexico, ...

Cypriot telecommunications company Cyta this week presented its 2024 budget to the House Finance Committee, underlining its commitment to strategic planning, innovation, and societal impact. Maria Tsiakka, President of Cyta, addressed ...