#business

Ground staff at German airline Lufthansa (LHAG.DE) walked off the job at major airports on Tuesday in their second strike this month, raising pressure in wage talks due to ...

The prices of homes being put up for sale in Britain have risen in annual terms for the first time in six months as demand from buyers strengthened, according to ...

Cyprus experienced a notable increase in road freight transportation during the third quarter of 2023, indicating a positive trend in the movement of goods, both within Cyprus, as well as to ...

The International Student Identity Card (ISIC), which offers discounts to students, has extended its reach to Cyprus, according to an announcement released on Monday. “Following its successful trajectory in Greece ...

Boeing’s (BA.N) CEO Dave Calhoun is the right person to lead the company out of its latest safety crisis, after a panel blew out of a 737 MAX 9 plane ...

Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high borrowing costs, the Bundesbank said in a regular ...

An increasing number of customers are using the Bank of Cyprus’ digital channels, for both banking and insurance products, leading to a large increase in digital sales of insurance plans, ...

The Association of Cyprus Tourist Enterprises (Stek) on Monday released a statement expressing concern about the island’s tourism prospects for 2024, highlighting significant challenges ahead. During a recent session, the ...

Oil prices dipped on festering demand concerns and profit-taking prompted by last week’s gains as conflict in the Middle East showed no signs of easing. Brent crude futures were ...

The Cyprus Mail’s Souzana Psara recently spoke with Genia Boustany, director of Poseidonia Hotel, about its sustainability journey, focusing on its transition to a circular operating model. In January 2022, ...

Deputy Minister of Tourism Kostas Koumis on Monday travelled to La Hulpe, in Belgium, to attend the informal meeting of the EU Tourism Ministers, which is taking place under the ...

The Cyprus Shipping Chamber (Kne) on Monday released a statement urgently requesting the release of the crew of Galaxy Leader, a vehicle-carrying vessel, which has been captured by the Houthis. ...

The Bank of Cyprus on Monday released its financial results for the fiscal year ending December 31, 2023, posting a profit after tax of €487 million, with new lending reaching €2 billion in total. “2023 ...

Walt Disney (DIS.N) is harnessing artificial intelligence to power a new advertising tool that will help brands tailor their commercials to fit the mood of specific scenes within a ...

Technology company Nokia (NOKIA.HE) has unveiled an AI-powered tool that generates messages for industrial workers, including warnings about faulty machinery based on real-time data and recommended ways to boost ...

Research is helping strawberries and raspberries become more resilient to climate change and snacks become healthier. By Matthew Newman Supermarkets across Europe offer such regular and wide selections of strawberries, ...

Nvidia (NVDA.O) eclipsed Google-parent Alphabet (GOOGL.O) as the third most valuable US company on Wednesday, just after overtaking Amazon (AMZN.O) and as investors looked to the dominant ...

Here are the top business stories in Cyprus from the week starting February 12: In a recent development, Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces ...

Google (GOOGL.O) has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing the funding on Monday, the tech giant said it had ...

Cisco Systems (CSCO.O) said it would cut 5 per cent of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough ...

EU industries from food and drinks to chemicals and biotechnology are seeking to profit from materials in water after it has been used. By Michael Allen For decades, most of ...

In the European maritime arena, Cyprus plays a notable role in advancing sustainable shipping practices, with a focus on initiatives led by key industry player Lemissoler Navigation. This exploration delves ...

The implementation of development expenditures in the Cyprus state budget for the year 2023 has reached 72 per cent, compared to 70 per cent in 2022 and 69 per cent, the annual average of the ...

Two key groups of lawmakers at the European Parliament this week ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April ...