Business

Oracle Corp (ORCL.N) plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public ...

Japanese industrial company Daikin (6367.T) has signed a deal with the northern English city of Manchester to deploy heat pumps in some of its public buildings and act as a ...

The outsourcing industry is one of the fastest-growing industries in the world. A Grand View Research study found that the global business process outsourcing market size is anticipated to reach ...

The former Minister of the Environment of Ireland, Alan Kelly, told developers to build accommodation that was affordable for Ireland’s citizens, adding that they should “get real”. Kelly realised ...

Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in United Arab Emirates dirhams instead of US dollars, four sources with knowledge of the ...

Samsung Electronics Co (005930.KS) has agreed to pay $150 million to British nanotechnology company Nanoco Technologies to settle patent lawsuits over technology used in Samsung’s LED televisions, Nanoco and an ...

Nestle (NESN.S) will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, ...

Lufthansa (LHAG.DE) and Air France-KLM (AIRF.PA) are circling collapsed UK regional airline Flybe to try to obtain its take-off and landing slots at London’s Heathrow Airport, Britain’...

Bankers failed to make use of idle cash and help create a healthy, equitable economy The activities and performance of Cyprus banks during the Anastasiades administration shows that they have ...

Europe has gone from thinking music could stop plagues 400 years ago to realising it can help prevent cardiovascular disease today. By Anthony King The opening of a Beethoven symphony thrills ...

Aieden Technologies recently released the Aieden Trendline Breakout and the Aieden Pivot Trendline Breakout Strategies, for the cTrader platform made available for download on their partner store ClickAlgo. These use ...

Only a few digital assets have established themselves as market leaders. One of the newest cryptocurrencies, Orbeon Protocol (ORBN), is already making waves in the industry. By the end of ...

The global smartphone market continued to falter during the final quarter last year, with sales dropping by 18 per cent, for a total of 296.9 million units, according to a report released ...

Cyprus’ tourism revenues for the period between January and November 2022 are estimated to have amounted to €2.3 billion, coming close to pre-pandemic levels, according to a report released this week by ...

By Maria Demertzis Very little comes out of US policy these days that does not aim to either decouple from China or somehow reduce China’s global reach. The US ...

ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, ...

German company AVIAREPS announced on Friday that it has been appointed to be the General Sales Agent (GSA) for Cypriot airline TUS Airways, representing the company in its key European ...

Transparency International has just released its 2022 annual ‘Corruption Perceptions Index (CPI)’ report. It makes grim reading for Cyprus, dropping down the rankings yet again. This is an independently produced report, ...

Cyprus’ Industrial Turnover Index recorded an increase of 21.3 per cent year-on-year in November 2022, according to a report released on Friday by the Cyprus Statistical Service (Cystat). According to the report, ...

Finance Minister Nureddin Nebati said Turkey would keep interest rates low after elections expected in May and not reverse course on monetary policy, according to an interview published by Bloomberg. ...

Cryptocurrency exchange Kraken has shut its Abu Dhabi office less than a year after securing a license in the region, a spokesperson said on Thursday, as the company seeks to ...

A trial over whether Elon Musk should be liable for tweeting in 2018 about financing for a buyout of Tesla neared its end on Friday, with a lawyer for unhappy shareholders ...

EU countries agreed on Friday on a European Commission proposal to set price caps on Russian refined oil products, the Swedish presidency of the European Union said. EU diplomats said ...

Self-proclaimed bitcoin creator Craig Wright’s lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday. The ruling ...