Cyprus Business Now
CarVal, an established global alternative investment manager, on Monday, increased its stake in the Bank of Cyprus to 9.07 per cent, up from the previous percentage of 8.57 per cent, through the ...
NASA delays debut Artemis flight of new moon rocket after engine cooling issue (updated)
An engine-cooling problem forced NASA on Monday to postpone for at least four days the debut test launch of the colossal new rocketship it plans to use for future astronaut ...
Elon Musk subpoenas Twitter whistleblower, seeking info on spam, security
Elon Musk has subpoenaed a Twitter Inc TWTR.N whistleblower, seeking documents and communications on the company’s spam and alleged security vulnerabilities as the billionaire battles to end his ...
On track for reduced noise pollution and railway safety amplifiers
By Sarah Wild
With more people getting on track for sustainable high-speed rail, reducing noise pollution and sophisticated traffic management will boost adoption.
The whistle coming down the tracks is ...
Dell ceases all Russian operations after August offices closure
Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia.
...
Japan’s Suzuki drives deeper into India with global R&D unit
Suzuki Motor Corp (7269.T) will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become ...
67 per cent of Cyprus businesses have elementary use of digital technology
Sixty seven per cent of Cyprus businesses, and 55 per cent across Europe, had achieved an elementary level use of digital technology in 2021, a Eurostat report shows.
Elementary level is defined ...
European computer segment affected by supply chain disruption
Computer shipments experienced a decline for the second quarter in a row at the end of the first half of the year, hindered by issues on both the demand and ...
Automakers accelerate drive to secure battery raw materials
Rising demand for electric vehicles (EV) around the world is encouraging automakers such as Tesla Inc (TSLA.O), Volkswagen (VOWG_p.DE) and Stellantis NV (STLA.MI) to step up ...
Businesses moving to the cloud must have a strategy in place
The pandemic brought to light a great deal of financial, economic and operational weakness across the world.
This prompted organisations across all industries to double down on business reliance planning, ...
Sony hikes PS5 price on rising interest rates
Sony Group Corp (6758.T) said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest ...
Fintech’s next big down round may have an upside
Financial technology startups are facing lean times. Klarna set the tone last month by raising cash at an 85 per cent discount to its previous funding round. The Swedish buy-now-pay-later group ...
Pivotal evolutionary change helped pave the way for human speech
Scientists have identified evolutionary modifications in the voice box distinguishing people from other primates that may underpin a capability indispensable to humankind – speaking.
Researchers said on Thursday an examination of ...
Apple plans to cut iPhone 14 production lag between China, India
Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from ...
NASA poised for historic Artemis I lunar launch from Florida
A half century after the end of NASA’s Apollo era, the U.S. space agency’s long-anticipated bid to return astronauts to the moon’s surface remains at least ...
Zoom cuts annual forecast as revenue growth hits record low
Zoom Video Communications Inc (ZM.O) on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from ...
UCy researchers find new strain of HIV-1
UCy researchers find new strain of HIV-1
Molecular researchers at the University of Cyprus (UCy), in collaboration with the Gregorios AIDS Clinic at Larnaca general hospital, have discovered a new ...
Big banks expected to rack up more than $1 billion in fines for WhatsApp use
Banking giants such as JPMorgan Chase & Co (JPM.N) and Bank of America (BAC.N) collectively face more than $1 billion in regulatory fines for employees’ use of unapproved messaging ...
5 drugs that changed the world – and what went wrong
By Philippa Martyr
It’s hard to measure the impact of any one drug on world history. But here are five drugs we can safely say made a huge difference ...
Porsche expects to make as many electric Macans as combustion versions
Volkswagen’s (VOWG_p.DE) sportscar brand Porsche expects to produce as many units of its Macan model in the electric version as the original with a combustion engine, production ...
Israeli spyware company NSO Group CEO steps down
Israeli spyware firm NSO Group said on Sunday its Chief Executive Shalev Hulio is stepping down with immediate effect, with Chief Operating Officer Yaron Shohat appointed to oversee a reorganisation ...
Digital-first business leaders seek to apply pandemic lessons
Digital-first business leaders are planning to generate at least 50 per cent of their revenue from digital products, services and experiences by 2027, according to a study by market research company International ...
Bionic hand can be updated with new gestures, anytime, anywhere
Australian swimmer Jessica Smith has had an uneasy relationship with prosthetics since a childhood accident, but her convictions are being challenged by a British bionic hand that can be updated ...
Russia to enforce search engine disclaimers on five foreign IT firms
Russia’s state communications regulator said on Friday it was taking punitive measures against five foreign IT companies for violating online content laws, which could require search engines to include ...