Business

Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap ...

Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European Union online content rules, the ...

Profound changes in how the global economy operates, from increased protectionism to energy transition, could create greater inflation volatility and more persistent price pressures, European Central Bank President Christine Lagarde ...

Cypriot firm Ask Wire this week released a report detailing the value of the ten most expensive property sales transactions completed in July 2023, along with the cumulative value of the ...

Cyprus-based Multimarine Services Ltd this week announced that it has marked a significant achievement with the successful construction of a floating electrical hub, heralding the island’s entrance into the ...

Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the US sandwich chain at up to $9.55 billion, ...

Sikorsky, a unit of Lockheed Martin (LMT.N), said on Thursday it was awarded a $2.7 billion contract by the US Navy to build 35 additional CH-53K helicopters. The CH-53K ...

The audit office has written to EU bodies as well as Cypriot officials raising concerns over the interconnector project, it emerged on Friday. The letter details a lack of transparency ...

Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, ...

Eurobank on Friday announced a further increase in its ownership share of Hellenic Bank, with the bank disclosing that it has reached an agreement with Senvest Management LLC to acquire ...

Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email ...

Jacobi Asset Management, a London-based firm, has listed Europe’s first spot Bitcoin ETF on Euronext Amsterdam. The launch of the ETF is significant as it allows investors to gain ...

The crypto market has matured in recent years, and so are the investors. Now, investors prefer long-term stable projects to short-term riskier tokens. Recently, Pomerdoge launched its presale, which became ...

Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair ...

The German economy stagnated in the second quarter compared to the previous three months, following a winter recession, data from the statistics office showed on Friday. The figure of zero ...

The US Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum recipients and refugees in hiring. “The lawsuit alleges that, from at ...

Fashion retailer H&M (HMb.ST) will reopen most of its stores in Ukraine, beginning in November of this year, the Swedish company said in a statement on Thursday. ...

Invest Cyprus CEO Marios Tannousis this week praised the crucial role played by the Cypriot diaspora in promoting the country on the international stage. Speaking at the Global Cypriot Diaspora ...

The new Caesars casino in Danville, Virginia, is a temporary facility reminiscent of an airplane hangar and with limited food and drink options. It still saw 400,000 visitors lay out more ...

British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, an industry survey showed on Thursday. The Confederation of ...

The BRICS bloc of developing nations agreed on Thursday to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates in a move aimed at accelerating its push ...

In the current market, there are a few options that may offer significant returns. TRON (TRX), with its impressive registration of 170 million accounts, demonstrates a promising user base. Meanwhile, Pepe (...

Sentiment in the crypto market has suddenly shifted as Cardano (ADA) and Uniswap (UNI) face oversold conditions. Yet, a new token is unfazed by what’s happening with other coins, ...

The chairman of the Cyprus Securities and Exchange Commission (CySEC) George Theocharides on Thursday stated that Eurobank should proceed with a mandatory public offer to the shareholders of Hellenic Bank ...