#business

Paphos’ Regional Tourism Board (Etap) said that it is currently developing a digital strategy for the entire Paphos district, along with action plans for the years 2025-2027. “Through this study, ...

Cyprus’ construction materials price index recorded a decrease of 1.45 per cent for the period from January to July 2024, when compared to the same period in 2023. According to a report released ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

By Ioannis Tirkides When the Bank of Japan raised its key interest rate from a range of zero to 0.1 per cent to 0.25 per cent, arguably to stem the yen’s ...

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ...

When Mike Hopkins was approached about leading Amazon Prime Video, his view of the streaming service matched one held widely in Hollywood — it was nothing more than a perk for ...

Collaboration between Europe and Africa on support for small business start-ups is heralding in a new era for EU-Africa cooperation on innovation. By Andrew Dunne From her offices in Cape ...

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...

Here are the top business stories in Cyprus from the week starting August 5: The Cypriot economy continues to display remarkable growth and resilience in the face of a challenging global ...

Shares of Airbnb (ABNB.O) slumped nearly 14 per cent on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter ...

Japan’s Honda Motor (7267.T) reported a 23 per cent increase in first-quarter profit this week as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales ...

Shares of Germany’s Commerzbank (CBKG.DE) fell as much as 6 per cent earlier this week after it reported larger than expected loan loss provisions in the second quarter. The ...

WK Kellogg (KLG.N) plans to completely shut down its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker’s headcount by ...

The way the Great Sea Interconnector is being promoted “bears serious risks and many problems,” the associations affiliated with the Cyprus Employers & Industrialists Federation (Oev) related to energy matters ...

Apple’s (AAPL.O) lucrative deal with Google (GOOGL.O) could be under threat after a US judge ruled that the Alphabet-owned search giant was operating an illegal monopoly. A ...

Continental (CONG.DE) delivered better-than-expected results this week and said the second half of the year would be even stronger as cost-cutting and restructuring measures underway at the German car ...

Robinhood (HOOD.O) beat Wall Street expectations for second-quarter earnings this week, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share ...

Ralph Lauren (RL.N) beat first-quarter profit estimates on Wednesday as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in the US. ...

Under Armour (UAA.N) posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time when consumers are picky with what they ...

Cyprus’ trade deficit for the first half of 2024 narrowed to €3.57 billion, down from €4.47 billion in the corresponding period of 2023. According to a report released on Friday by the Cyprus Statistical ...

Hellenic Bank on Friday reaffirmed its commitment to sustainability through a number of actions and initiatives outlined in its 2023 sustainability report. The report provides an in-depth look at the bank’...

The sharp sell-off in tech stocks has created opportunities to buy into profitable companies at a cheaper price, the chief investment officer of HSBC’s private bank said this week. ...

The Cyprus Chamber of Commerce and Industry (Keve) this week released a statement emphasising the strategic importance of the Cyprus-Europe electricity interconnection through Greece, highlighting its significance both for Cyprus ...

The total number of registered vehicles in Cyprus between January and July 2024 increased by 16.6 per cent, when compared to the same period in 2023, according to a report released this week ...