#business

European data centres will expand capacity by 22 per cent this year and yet struggle to meet demand, raising the risk Europe will be left be further behind in the race ...

Alphabet has announced that it will spend $75 billion on its AI buildout this year, 29 per cent more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue ...

British investors yanked a net 640 million pounds ($799 million) from equity funds in January, ending a long run of inflows, as UK-focused funds suffered their sixth-biggest monthly net withdrawals on record, ...

Registrations for new electric vehicles in the UK rose in January but their market share remained short of the 28 per cent mandate for the year, industry data showed. The Society ...

Spain’s services sector continued to expand in January, although at a slower pace than in December, as new business volumes rose sharply, according to a survey by S&...

Cyprus Stock Exchange (CSE) president Marinos Christodoulides, has called for greater state support for the exchange, saying that it has a critical role as a tool for economic and corporate ...

Following the publication by the EU of ‘Justice-focused approach key to effective energy poverty solutions’, energy poverty in Europe was again in the news last week. This is based on ...

Advanced Micro Devices (AMD.O) shares fell 9 per cent in premarket trading on February 5, after the company’s AI chip revenue failed to meet lofty expectations of investors betting billions ...

All eyes are on the French capital next week to see if US President Donald Trump’s administration can find common ground with China and nearly 100 other nations on the ...

Saudi Arabia’s non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a ...

French software group Dassault Systemes (DAST.PA) has announced a long-term partnership with Volkswagen (VOWG_p.DE) to accelerate the German automaker’s transition towards software defined vehicles. Dassault’s ...

Ford’s (F.N) January sales in the US fell 6.3 per cent owing to lower demand for its internal combustion (ICE) vehicles, the company said this week. The automaker sold ...

Hilton Worldwide beat Wall Street estimates for fourth-quarter profit on Thursday, as strong demand for business travel led to higher bookings for the hotel operator, sending its shares up 5 per ...

Cyprus Stock Exchange (CSE) president Marinos Christodoulides, has called for greater state support for the exchange, saying that it has a critical role as a tool for economic and corporate ...

Deputy Shipping Minister Marina Hadjimanolis visited Doha from February 4 to 6, in a move to strengthen maritime ties, according to an announcement released on Friday. Invited by Qatar’s Minister of ...

The latest edition of the Supply Chain & Logistics Conference & Exhibition examined the crucial role of the supply chain in modern business, emerging trends, and new opportunities for improvement. ...

The Bank of Cyprus on Friday announced that it has introduced a new operational model for its branch network. According to the bank, this aims to enhance customer service through ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides praised the resilience of Cyprus’ economy in the face of global challenges on Thursday, during a monthly meeting of the Cyprus Shipping ...

Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by US President Donald Trump’s renewed trade war ...

Turkey’s central bank raised its year-end inflation forecast to 24 per cent on Friday from 21 per cent previously and Governor Fatih Karahan said the bank is “not on autopilot mode” ...

Danish brewer Carlsberg (CARLb.CO) said its annual organic operating profit grew by 6 per cent, at the top end of its guidance range, and forecast further growth of between 1 per ...

The environment department has officially approved the expansion plans for both the Larnaca and Paphos international airports, it emerged on Thursday. The approval follows an agreement signed on December 23, 2024, extending ...

British lawmakers said on Thursday that the UK markets watchdog should ditch already softened proposals to publicly name some companies under investigation if it cannot properly balance consumer benefits with ...

Sweden-based Volvo Cars (VOLCARb.ST) reported a fall in fourth-quarter operating profit on Thursday and predicted a turbulent 2025 with challenging market conditions. The company, which is majority-owned by China’s ...