#business

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential US interest rate cuts and the ensuing impact on ...

Saudi Arabia’s U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that its member organisation, the Cyprus E-Mobility Association, welcomes the announcement of the electric mobility promotion plan by the Ministry ...

Hermes Airports on Monday announced the launch of a new, online publication, dedicated to the travel and aviation industry. The publication, titled Flight Mode, will be released on a monthly ...

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is “fully behind” a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical ...

Bitcoin rose by 4 per cent to $49,477.75 on Monday, its highest since December 2021. The cryptocurrency has risen some 15.7 per cent so far this year, helped by regulators approving U.S. spot ...

The Central Bank of Cyprus (CBC) on Monday released an announcement addressing recent media reports, concerning the European Banking Authority’s (EBA) peer review report on the supervision of creditors’ ...

Andreas Michael, the owner and managing director of CyView Developers, recently shared insights into the economic outlook and prospects for the construction sector in Cyprus for 2024, including how the country ...

Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces with Israel’s Ministry of Science and Technology, in order to boost collaboration and cross-border relations in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that, in the context of economic diplomacy, president Stavros Stavrou and members of the executive committee will host an ...

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis (STLAM.MI) CEO Carlos Tavares has exposed a tough new reality: Europe’s one-time homegrown national automakers ...

Cypriot real estate analytics startup Ask Wire is aiming to create a comprehensive real estate database for the Balkans, as it is now in talks with Romanian companies to showcase ...

British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher ...

EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments more time to reduce debt as well as incentives ...

Oil prices fell in early Asian trade on Monday after Israel said it had “concluded” a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle ...

German software developer TeamViewer (TMV.DE) reported higher-than-expected fourth-quarter revenue on Wednesday, helped by partnerships with tech companies such as Siemens (SIEGn.DE). Analysts at JP Morgan note that overall ...

Amazon.com has begun rolling out a new artificial intelligence assistant that is meant to address shoppers’ product questions, but the feature raises as many questions as it answers. Rufus, ...

Snap (SNAP.N) slumped more than 32 per cent on Wednesday after fourth-quarter revenue missed Wall Street expectations, with the company struggling to compete for advertising dollars against heavyweights such as ...

Thermal decomposition is helping to green two major EU manufacturing industries. By Michael Allen For thousands of years, humans have converted wood into charcoal through a technique called pyrolysis. Now, ...

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ...

Here are the top business stories in Cyprus from the week starting February 5: Recently, the Cyprus Securities and Exchange Commission (CySEC) reached settlement agreements with two Cypriot companies, namely the ...

Simulations of the human body and advanced data promise more personalised medical treatment for a range of illnesses. By Jack McGovan In a laboratory in the Italian capital Rome, Marco ...

Meta Platforms (META.O) has challenged a supervisory fee amounting to 0.05 per cent of its annual worldwide net income aimed at covering EU regulators’ costs of monitoring compliance with new ...

Walt Disney (DIS.N) CEO Bob Iger hit back at activist investors on Wednesday with a slew of announcements, including a splashy investment in “Fortnite” maker Epic Games and plans ...