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.
The Trade Service of the Cyprus Ministry of Energy, Commerce and Industry announced this week that it participated in the food exhibition Foodex 2023, which was held in Tokyo, Japan.
The ...
The AI Act is expected to be a landmark piece of EU legislation governing the use of artificial intelligence in Europe that has been in the works for over two ...
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after ...
Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along with more speculative instruments such as tech ...
Russian e-commerce firm Ozon (OZON.O) said on Wednesday it was appealing the Nasdaq stock exchange’s plan to delist its securities and wanted to stand up for the rights ...
UBS Group (UBSG.S) said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it issued less than a week ago, seeking to boost confidence among investors ...
One of the largest investors of the Credit Suisse bonds that were wiped out in the UBS takeover of the troubled Swiss bank still believes in the value of the ...
The robotic team from Pascal did it again. They have created a robot powered by the new artificial intelligence chatGPT.
In a statement, they mentioned “PASCAL schools have recently completed ...
Invest Cyprus, the national investment promotion agency, on Wednesday announced that it recently hosted two successful events in Amman and Beirut aimed at attracting tech companies to Cyprus, as well ...
Despite the crisis in the banking sector which was expected to have an effect on the digital currency industry, bitcoin and other major cryptocurrencies market prices continue to surge in 2023.
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British inflation unexpectedly rose to 10.4 per cent in February, pushed up by higher food prices and pricier drinks in pubs and restaurants, official data showed on Wednesday, a day before ...
Italian luxury sports car maker Ferrari this week said that a hacker recently demanded ransom from the company related to certain client contact details, adding that the breach had no ...
The EIT Digital Venture Programme East Balkans edition announced this week the launch of a regional programme to support the establishment of new ventures in Greece, Cyprus and North Macedonia.
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Orbeon Protocol (ORBN), a relatively new blockchain project, has been gaining attention in the cryptocurrency world for its unique features and potential to revolutionize the crowdfunding industry. As a result, ...
The Paphos regional tourism board (Etap) this week announced that the district’s preparations in light of the upcoming tourist summer season are well underway, with more than 90 per cent ...
Cyprus’ financial watchdog, the Cyprus Securities and Exchange Commission (CySEC), is participating in the annual Global Money Week (GMW2023) campaign, aimed at raising awareness of the importance of financial education, ...
Cypriot company Tototheo Maritime on Tuesday announced that co-CEO Despina Panagiotou Theodosiou, co-CEO Sokratis Theodosiou, Chief Operations Officer Natalia Bury Loyal, and Head of Business Development Antonis Maniatis attended the ...
BlackBerry Ltd (BB.TO) said on Tuesday it would sell patents, primarily related to its mobile devices, for up to $900 million after the Canadian software company scrapped an earlier deal ...
As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.
The infamously volatile cryptocurrency seems positively hale and hearty, just as a ...
The Association of Cyprus Banks on Tuesday announced that it is teaming up with Junior Achievement Cyprus to carry out the “Spending Smartly” educational programme for the eighth consecutive year.
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Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt ...
The summary judgment expected in the SEC vs. Ripple case weighs heavily on Ripple (XRP). While the impact on the court case affects Ripple (XRP) directly, it has indirect consequences ...
Top officials from Britain’s financial sector said on Tuesday they would set out a blueprint later this year to “kickstart” London’s role as a post-Brexit global financial centre ...
As the blockchain race heats up, Aptos (APT) is being hailed as the “Solana Killer,” with its potential to outperform the high-speed Solana (SOL). But Fantom (FTM), which has a ...