#business

OpenAI and Oracle (ORCL.N) will develop another 4.5 gigawatts of data center capacity, expanding a tie-up that has promised hundreds of billions of dollars in infrastructure investment to keep the ...

British consumer sentiment had a marked fall for the first time in nearly three years last month, reflecting increased worries about job security, a Deloitte survey showed this week. Deloitte ...

German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity ...

Cyprus has secured a key role in pioneering brain research through the participation of the Cyprus Institute of Neurology and Genetics (CING) in the European project META-BRAIN, formally announced on ...

The Cyprus Stock Exchange (CSE) announced the results of its semi-annual review (January–June 2025) regarding compliance with minimum market value requirements for companies listed on the Regulated Market. The review ...

General Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...

Asking prices for newly advertised British houses and apartments recorded their biggest July fall in more than 20 years this month, property site Rightmove said this week. Prices for property put ...

Alphabet’s Google and OpenAI said their artificial-intelligence models won gold medals at a global mathematics competition, signaling a breakthrough in math capabilities in the race to build systems that ...

Louis plc, a leading group active in cruises, hospitality, and travel services, on Friday announced the date for its 26th annual general meeting. The meeting will take place on September 11, 2025, ...

Real income per capita declined in both the euro area and the European Union during the first quarter of 2025, according to figures released on Friday by Eurostat. In the euro ...

Cyprus’ industrial sector relied primarily on oil and petroleum products and electricity in 2023, which together accounted for over half of its total energy use, according to Eurostat figures released on ...

The Deputy Ministry of Shipping released the official promotional video for the Maritime Cyprus 2025 Conference, which will bring together the global shipping community in Limassol from October 6 to 8 under the ...

Vassiliko Cement Works has reported strong financial results for the first half of 2025, with revenue reaching €78.8 million, marking a significant increase from €69.1 million during the same period last year. According ...

The Cyprus Stock Exchange (CSE) on Friday issued a market announcement highlighting the results of its semi-annual review regarding compliance with minimum market value requirements on the Regulated Market. According ...

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...

Eurobank has retained its position as the top asset manager in Greece, according to Maria Koletta, head of sales and assistant general manager at Eurobank Asset Management Mutual Fund Management ...

XM, one of the world’s online leading financial services providers, announced the commitment of €5 million to support the recovery of areas devastated by the recent wildfires, acknowledging the scale ...

Credit transfers remain the most popular non-cash payment method in Cyprus by total transaction value, accounting for 83 per cent, according to a report published on Thursday by the Central Bank ...

The Deputy Ministry of Tourism this week announced the launch of the nomination process for the Cyprus Hospitality Awards 2025, a national initiative that recognises and rewards excellence in the tourism ...

Eurozone business activity accelerated faster than forecast this month, supported by a solid improvement in the bloc’s dominant services industry and with manufacturing showing further signs of recovery, a ...

Britain’s new vehicle production is expected to decline by 15 per cent in 2025, weighed down by global trade disruption; however, a reversal is expected the next year, industry data showed ...

Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people ...

The European Central Bank’s (ECB) governing council announced on Thursday that it has decided to keep the three key ECB interest rates unchanged, with inflation currently at the ECB’...

A recent study by the University of Cyprus’ Economics Research Centre (CypERC) has explored the relationship between changes in global commodity prices and domestic inflation in Cyprus. According to the ...