#business

Deutsche Bank (DBKGn.DE) shares were 5.5 per cent lower in early trade on Monday after news that Germany’s largest lender could be on the hook for up to 1.3 billion ...

By Andreas Charalambous and Omiros Pissarides The EU has evolved relatively slowly and gradually over time, from a trade agreement between a small number of states in the 1950s, to ...

Cyprus was recently given a vote of confidence at the recently held ‘Cyprus: the New Global Tech & Innovation Hub Summit’, with a panel of industry experts underscoring the country’...

The Deputy Ministry of Shipping on Monday released a statement recapping minister Marina Hadjimanolis’ visit to China, where she held meetings with executives from shipping companies, brokerage firms, financial institutions, ...

Cyprus Stock Exchange senior officer Eliza Stasopoulou recently released a piece of analysis underlining how important it is for companies to implement corporate governance and social responsibility policies. She noted ...

The demand for business loans in Cyprus is decreasing due to high interest rates, with bankers, however, estimating that the anticipated interest rate cut from the summer onwards is expected ...

Monday marked the 97th anniversary of the establishment of the Cyprus Chamber of Commerce & Industry (Keve), an institution that has played a key role in shaping the island nation’...

Adonis Hadjigeorgiou, a doctoral student at the University of Cyprus, recently showcased an innovative piece of technology called InvasiCell at the Tahko Ski Lift Pitch startup event in Kuopio, Finland. ...

The Cyprus Shipping Chamber (CSC) recently announced that it welcomed the adoption of the Net-Zero Industry Act proposal by the European Parliament. As explained by the European Commission, the Net-Zero ...

Cypriot lender AstroBank has announced the launch of the three-year AstroBank Target Maturity Fund 2027, which aims to capitalise on the current bond yield environment. In its announcement, the company explained ...

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and ...

Upcoming quarterly reports from US tech giants may show Microsoft (MSFT.O) is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted ...

Heineken (HEIN.AS) sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year, as it kept its 2024 profit growth forecast. ...

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering ...

German email service Tuta Mail has complained to European Union tech regulators about what it described as a sudden drop in Google search results on the day the bloc’s ...

Here are the top business stories in Cyprus from the week starting April 22: Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive ...

Britain’s competition watchdog said this week that it was seeking comments on the AI partnerships between Microsoft (MSFT.O) and Mistral AI, as well as between Amazon (AMZN.O) ...

Chinese tech company Huawei (HWT.UL) unveiled this week a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry. ...

Apple’s smartphone shipments in China tumbled 19 per cent in the first quarter of the year, the worst performance since 2020, as the iPhone maker took a hit from Huawei’s (...

Deputy Minister of Tourism Kostas Koumis this week addressed the growing need for foreign workers in Cyprus’ tourism sector, attributing it to the surge in tourist arrivals exacerbating labour shortages. ...

Elon Musk’s new plan to use current product lines as the basis for new affordable vehicles — rather than springing for all-new models — follows the playbook of Tesla’s old-school ...

British travel company Jet2 (JET2.L) has forecast a 33 per cent jump in its annual profit, and said 55 per cent of seats were sold for this summer season on strong ...

The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured ...

US auto safety regulators said Friday they have opened an investigation into whether Tesla’s recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is ...