Business

Some EU countries want the bloc’s billion-euro chip plan to fund the production of current cutting edge chips and not just first-of-its kind chips proposed by the European Commission, ...

European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks, according to ...

Goldman Sachs analysts have downgraded Britain’s economic outlook after Prime Minister Liz Truss removed Kwasi Kwarteng as chancellor and reversed a freeze in corporation tax, Bloomberg News reported on ...

Taiwan’s economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California’s Silicon Valley, the ministry ...

A newly discovered hacking group has attacked transportation and logistics companies in Ukraine and Poland with a novel kind of ransomware, Microsoft said in a blog post on Friday. The ...

The US Congress should give the Commodity Futures Trading Commission more powers to police cryptocurrency stablecoins to reduce risks to the financial system, Securities and Exchange Commission Chair Gary Gensler ...

A team of scientists is looking for writings in the Cypriot dialect to create a bot for the internet and smart phones A team of four data scientists and a ...

By Gareth Willmer – Horizon Artificial limbs, implants and extra thumbs restore and add to our body’s natural capabilities, but how do the brain and nervous system welcome these new ...

Creating a US central bank digital currency is likely not important to the long-term status of the US dollar, Federal Reserve Governor Christopher Waller said Friday. In a speech during ...

By Andreas Charalambous & Omiros Pissarides The Kingdom of Saudi Arabia (SA) is an example of a state, whose economic and foreign policies have traditionally centered around its natural wealth. ...

Alphabet (GOOGL.O) unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of ...

A leading US bank regulator said his caution over banks partnering with fintechs is not meant to stifle those arrangements, but rather reflects his concern that firms must adequately gauge ...

Microsoft (MSFT.O) said Britain’s competition regulator had relied on objections from its rival Sony (6758.T) in referring its $69 billion Activision Blizzard deal to an in-depth inquiry, in particular “...

Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister Liz Truss as ...

An explosion in a coal mine in Turkey’s northern Bartin province on Friday killed 40 people, Interior Minister Suleyman Soylu said on Saturday, adding that search and rescue operations were ...

The global market experienced a major downturn during the third quarter of 2022, with demand dropping sharply, according to a report released this week by technology analysts Canalys. According to the ...

Non-performing loans (NPLs) in Cyprus’ banking sector stood at €2.85 billion at the end of July 2022, reflecting a decrease of €69 million compared to the previous month, according to a report published ...

Hyundai Motor Group’s air taxi unit has picked aerospace supplier Honeywell International Inc (HON.O) to develop avionics systems for its eVTOL (electric vertical take-off and landing) aircraft, the ...

Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures ...

Time and death are “on pause” for some people in Scottsdale, Arizona. Inside tanks filled with liquid nitrogen are the bodies and heads of 199 humans who opted to be cryopreserved ...

Sweden has rejected plans to set up a formal joint investigation team with Denmark and Germany to look into the recent ruptures of the Nord Stream 1 and 2 pipelines, a Swedish ...

The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of governors of both ...

A project which will connect the Cypriot, Greek and Israeli power grids through the world’s longest submarine power cable which will total over 1,200 kilometres with a 2,000 Megawatt capability that ...

The island’s inland revenue service on Friday warned businesses that they must adopt the use of card payment machines or risk hefty fines. In a statement, it warned that ...