#business

PayPal (PYPL.O) on Tuesday raised its forecast for full-year adjusted profit for the second time, betting on resilient consumer spending in the back-to-school and upcoming holiday shopping seasons, while ...

Tesla (TSLA.O) is recalling over 1.8 million vehicles in the United States due to risk of software failure to detect an unlatched hood, the national auto safety regulator said on ...

The British competition regulator’s ongoing review of supermarket loyalty prices is unlikely to identify widespread evidence of promotions that mislead shoppers, according to a statement by the watchdog. Loyalty ...

Microsoft investors will have one big question after the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of ...

Britain’s financial watchdog this week launched two reviews of retail conduct and insurance rules to cut costs and improve competitiveness, now that a strict new duty to put consumers ...

Nicosia-based tech startup and iOS app BRAYN, originally launched in Cyprus and the United Kingdom, is set to expand globally by 2025, according to an official announcement. The announcement said that ...

Industrial production in Cyprus recorded a 2.7 per cent increase year-on-year during May 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). This rise brought the Industrial ...

The Cypriot real estate market has demonstrated signs of stability and resilience during the first half of 2024, with the average transaction value gradually approaching pre-pandemic levels, according to a report ...

Tourist arrivals to Cyprus amounted to 421,400 visitors in May 2024, marking an increase of 0.3 per cent from the 420,076 recorded in the same month of the previous year, according to a report ...

Oil prices fell on Tuesday, extending losses from the previous session amid concerns about demand in China, the world’s largest crude importer, while the market shrugged off the risk ...

The Agriculture Department this week said that it will introduce tools similar to e-Kofini, which aims to help consumers compare fruit and vegetable prices, to help farmers better leverage their ...

Russian technology company Yandex on Tuesday said it may start paying dividends for the first time, as it reported a sharp rise in core earnings after completing a lengthy and ...

The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as September by ...

Cypriot real estate data analytics firm, Ask Wire on Monday published a report detailing the ten most expensive real estate sales transactions in Cyprus for the first half of 2024 across ...

Shares in Mitsubishi Motors (7211.T) surged on Monday following media reports that the Japanese automaker is in talks to join Nissan’s (7201.T) and Honda’s (7267.T) planned strategic partnership. ...

Uncertainty felt by British business leaders collapsed to the lowest level since before the 2016 Brexit vote after Prime Minister Keir Starmer’s landslide election victory, according to a survey by ...

Ferrari has announced that it will extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, ...

Shares of New York-listed cryptocurrency firms gained before the open on Monday after Republican presidential candidate Donald Trump talked up bitcoin and promised friendlier regulation for the industry. Crypto exchange ...

A bruising selloff in US stocks is putting a sharper focus on valuations of the tech names such as Nvidia and Microsoft that have driven markets higher for most of ...

Deputy Tourism Tourism Kostas Koumis has completed a tour of Limassol’s wine-producing regions, with a focus on villages making Commandaria, saying that it is important to promote the Cypriot ...

The Centre for Entrepreneurship at the University of Cyprus on Monday announced the launch of the 2024 Cypriot Entrepreneurship Competition (CyEC). According to the announcement, the competition, which is organised annually ...

European companies focused on clean energy are abandoning expansion plans, bracing for lower sales or see funding of US projects in doubt because of fears over what a potential election ...

Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which ...

By Santiago Melián González & Jacques Bulchand Gidumal While tourism’s ability to create new jobs is indisputable, there is much talk of these jobs being low quality ...