Business

Walt Disney (DIS.N) and Comcast’s (CMCSA.O) Universal filed a copyright lawsuit against Midjourney this week, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for ...

Nvidia (NVDA.O) will build its first artificial intelligence cloud platform for industrial applications in Germany, CEO Jensen Huang said this week at the VivaTech conference in Paris. The technology, ...

The rush of financial firms setting up in Abu Dhabi to tap the oil-rich emirate’s wealth funds and Middle East markets will continue at pace, the official in charge ...

Limassol-based gaming company Nice Plans Studio announced this week that it raised $3 million in a new funding round to support the development and scaling of its upcoming mobile shooter, Ricochet ...

Cardano (ADA) is clinging to a vital support level at $0.6728, signaling potential for a bullish surge toward $1.5. This resilience sparks excitement among investors eyeing the best crypto to buy now.  ...

Fartcoin (FARTCOIN) is surging, climbing 22% to $1.26 on June 10, 2025, with its market cap now exceeding $1.23 billion. This altcoin has overtaken Dogwifhat in rankings, fueled by Coinbase’s upcoming perpetual futures listing ...

Ethereum’s (ETH) value is climbing 7.41% to $2,668 thanks to busy activity in staking and a variety of DeFi projects. The lively ETH/BTC trading pair found on Binance proves that ...

Officials from the Central Bank of Cyprus (CBC) met with counterparts from the central banks of Lithuania and the Netherlands on Thursday and Friday. The meeting allowed for the exchange ...

Over 350 senior delegates from more than 30 countries gathered in Athens this week for the high-level ‘Shaping the Future of Shipping Summit’. The event was jointly hosted by the Ministry of ...

Fuel prices are expected to rise sharply as a result of escalating tensions in the Middle East, chairman of the association of petrol station owners Savvas Prokopiou said on Friday. “...

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028, forecasting stable economic growth and a steady decline in public debt over the next four ...

Tourism revenue in Cyprus reached €129.4 million in March 2025, marking a 14.5 per cent increase compared with the same month last year (€113.0 million), according to a report released by the statistical service ...

AstroBank on Friday announced that it will pay interest and proceed with the early redemption of two of its senior preferred bonds on June 30, 2025. The bonds in question include one ...

The value of wholesale trade and motor vehicle-related activities in Cyprus continued to rise in the first quarter of 2025, according to data released on Friday by the state statistical service. ...

The Cyprus Stock Exchange (CSE) on Friday announced updates regarding the trading status of several listed issuers on its regulated market. The announcement followed a review of the independent auditors’ ...

The Bank of Cyprus on Friday announced the repurchase of 182,149 of its ordinary shares between June 6 and June 12, 2025. According to the announcement, the shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce & Industry (Keve) on Friday announced that the EU-Japan Centre for Industrial Cooperation has launched the first session of its 2025 training programme on Japanese business ...

Cyprus needs a fresh economic model to address today’s challenges and improve social well-being, according to a new policy paper by Andreas Theophanous and Mary Vardas. The paper, published ...

So, you’re interested in starting a clothing brand? Whether you’re designing your own line of wardrobe basics or stocking your online store with wholesale beanies, starting a clothing ...

Thomas Kazakos has officially taken over as secretary general of the International Chamber of Shipping (ICS), following a handover ceremony during the organisation’s general assembly in Athens, marking the ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars ...

The Federal Reserve’s path to interest rate cuts starting in September appeared to widen on Thursday, after a pair of government reports pointed to cooler inflation and signs of ...

Slack, a Salesforce-owned workplace messaging app, recently blocked other software firms from searching or storing Slack messages, The Information reported, citing a public disclosure. A spokesperson for Salesforce (CRM.N) ...

Goldman Sachs on Thursday trimmed its US recession probability to 30 per cent from 35 per cent for the next twelve months on easing uncertainty around President Donald Trump’s tariff policies ...