Business

European automakers reeling from a global chip shortage have in recent days hastened to assure shareholders that shortages of magnesium are not, for now, a risk to their production plans. ...

By Lanting Liu Cyprus is taking part in the fourth China International Import Expo (CIIE), which opened in Shanghai on Friday, in the virtual country exhibition. It is the first ...

For those who are interested in buying real estate through electronic (or other types of) auctions, we keep noting various scams that surface from time to time with the end ...

Bars, cafés and restaurants that cater primarily to tourists are running at about 50 per cent capacity, and despite a decrease there are calls for them to remain open, they ...

Finance Minister Constantinos Petrides travelled to Brussels on Sunday to take part in the Eurogroup meeting which will convene on Monday, November 8. Finance Ministers will discuss the macroeconomic outlook in ...

In a number of rented premises which belong to co-owners, the rent is collected by only one of them. The co-owners may have distributed the properties between them even though ...

US technology company Microsoft has acquired content moderation platform and profanity filter Two Hat. Two Hat’s content moderation platform utilises artificial intelligence (AI) to classify, filter and escalate human ...

Dubai plans to merge the departments of economy and tourism and hopes to attract 25 million tourists in 2025, Sheikh Hamdan bin Mohamed Bin Rashid Al Maktoum, Dubai’s Crown Prince, said ...

Apple Inc (AAPL.O) has hired a former engineer from Tesla Inc (TSLA.O) to boost its car-development efforts, Bloomberg News reported on Friday, citing people with knowledge of the ...

British Foreign Secretary Liz Truss will travel to Malaysia on Sunday as part of a week-long visit to southeast Asia aimed at deepening economic and security ties in the region, ...

Rivian Automotive, backed by Amazon.com Inc (AMZN.O), on Friday significantly raised the expected offer price of its shares, with the electric vehicle manufacturer aiming for a valuation of ...

Tesla Inc (TSLA.O) Chief Executive Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell 10 per cent of his Tesla stock. The ...

China’s export growth slowed in October but beat forecasts as booming global demand for holiday seasons, an easing power crunch and mitigating supply chain disruptions offset some pressures facing ...

Bank of England officials sought to reassure investors on Friday that they were sticking to plans to raise interest rates, a day after the central bank confounded widespread market expectations ...

Incentives to companies to come to Cyprus and those already here to expand By Fabian Cabeza, Theodora Alexandrou, Maria Aristidou Cyprus is a long-established international business centre and through various ...

by Maria Demertzis By far the biggest innovation in the recent monetary policy strategy review of the European Central Bank (ECB) is the emphasis that it puts on climate change ...

President Nicos Anastasiades on Friday outlined the government’s Action Plan, aimed at establishing Cyprus as “a prosperous, reliable and competitive business hub.” “We are keen on providing the conditions ...

Taking place over November 10-12 at the Cyprus International Fair in Nicosia, the Eastern Mediterranean Energy Conference and Exhibition (EMC) will focus on a wide range of crucial issues related ...

Cyprus Deputy Minister of Shipping Vasilis Demetriades travelled to Glasgow on Friday to take part in the shipping industry’s official COP 26 sideline event, entitled ‘Shaping the Future of Shipping’, ...

BMW will cut working hours at its east German plant from 38 to 35, in line with its west German factories, it said on Friday, in a move welcomed by the works ...

Britain can revive production of high-powered magnets vital for the ramp up of electric vehicles, but it should copy China’s centralised strategy to make it viable, according to a ...

British Airways owner IAG (ICAG.L) is “very optimistic” about the reopening of transatlantic travel and planning to ramp up capacity on those routes next year, fuelling recovery hopes despite ...

The next natural gas exploration round as well as the hydrocarbon quantities located will determine the speed and the exploitation of the hydrocarbon reserves in Cyprus’ Exclusive Economic Zone (EEZ), ...

Most businesses said they saw a rise in prices of up to 30 per cent in the past six months, according to the results of a survey published on Friday. The ...