Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
German carmaker BMW (BMWG.DE) is planning a new major investment in the central Mexican state of San Luis Potosi, where the company already has a plant, Mexican Foreign Minister ...
Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year for equities, though many analysts are skeptical the ...
Porsche AG (P911_p.DE) will ensure that familiar software platforms like Google and Apple will be accessible for its customers, a spokesperson said on Tuesday following reports that it ...
Twitter Inc is offering free advertisements to brands that advertise on its platform, an attempt to woo brands back to the social-media platform, which has seen its ad business deteriorate ...
Bitcoin rose 5.58 per cent to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is up 27.6 per cent from the year’s ...
Major investment in public cloud software will see worldwide revenue for enterprise applications to rise to $385.2 billion by 2026, according to a report released this week by industry analysts International Data ...
Companies are finding promising ways to use the nutrient-filled residue from olive-oil production.
By Alex Whiting
Olive oil is a multibillion-euro global business and Manuel Román is determined to ...
Five experts outline how their areas of activity will evolve in the coming year and more
By Vittoria D’alessio
From more fresh water and less depression to life-saving drones ...
Hellenic Bank CEO Oliver Gatzke on Friday said that the bank’s performance in 2022 was very good, amidst difficult conditions, while also outlining the challenges and goals for the new ...
The producer price index in Cyprus’ construction sector increased by 11 per cent in the third quarter of 2022, compared to the corresponding quarter of 2021, reaching 129.53 units, according to a report released ...
Tesla (TSLA.O) has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending a strategy of aggressive discounting after missing ...
Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.
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Tesla has slashed prices globally on its electric vehicles by as much as 20 per cent, extending an aggressive discounting effort and challenging rivals after missing Wall Street delivery estimates for 2022.
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The Cyprus Economy and Competitiveness Council on Friday published a report outlining a number of recommendations that seek to provide both medium and long-term solutions to the ongoing issue of ...
Britain’s economy unexpectedly eked out some modest growth in November after a boost from World Cup drinkers and video game sales, reducing the chance that it has already slipped ...
Investors always look for new projects with significant growth potential, innovation, and real-world applications – Orbeon Protocol (ORBN) ticks all of those boxes. This presale project, currently in stage 3 of its ...
Eight major media outlets on Thursday asked the US judge overseeing Sam Bankman-Fried’s criminal case to make public the names of two people who helped guarantee the FTX cryptocurrency ...
A Manhattan jury on Thursday said Adidas AG (ADSGn.DE) had failed to show luxury brand Thom Browne Inc’s use of stripes on its clothing infringed the sportswear giant’...
Hundreds of millions of dollars have flowed through Egypt’s interbank market since the central bank allowed the Egyptian pound to depreciate by 13 per cent to a historic low, bankers ...
One area of particular complexity in real estate is the transfer of ownership of property. The official trading platform serves the best UI and trading tools suitable for novices and ...
For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization effectively expanded the supply of labor, and, ...
Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the 2008-9 financial crisis, with a sluggish global economy set to make finding ...
There was a decrease of 4.9 per cent in the number of building permits issued in Cyprus between January and October 2022, according to a report released on Thursday by the Cyprus ...
Tesco (TSCO.L), Britain’s biggest retailer, kept its full-year profit guidance after it joined rivals in reporting stronger than expected Christmas sales despite an escalating cost-of-living crisis.
The supermarket ...