#business

Tesla (TSLA.O) plans to build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the ...

Ryanair (RYA.I) on Monday forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24 per cent during the summer ...

Elon Musk’s artificial intelligence startup xAI will be integrated into his social media platform X and also be available as a standalone app, he said on Sunday in a ...

Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output cuts until the end of the year as concerns over demand ...

LinkedIn, the business-focused social network owned by Microsoft (MSFT.O), announced that it now has more than 1 billion members and is adding more artificial intelligence features for paying users. Crossing ...

Extracting gold, silver and other commodities from discarded goods has industrial, geopolitical and environmental benefits for the EU. By Tom Cassauwers Dr John Bediako has criss-crossed the globe his whole ...

Swiss-based sustainability group Better Cotton said on Thursday it has added new functions to a platform that big retailers use to trace materials through their supply chains. Better Cotton said ...

Vietnam is holding talks with chips companies with the aim of boosting investment in the country and possibly building its first chipmaking plant, or fab, two business executives said, despite ...

Canada Goose Holdings (GOOS.TO), cut its annual sales forecast last week, in a sign that a sharp rebound in China was starting to falter and sales in the US ...

Here are the top business stories in Cyprus from the week starting October 30: The Cyprus Economic Sentiment Index (ESI) saw a minor decline in October, primarily influenced by the weakening ...

By Louis N. Christofides Workers’ earnings in a firm reflect the contribution of labour to the firm’s output, meaning their productivity. Earnings are expressed in nominal terms (e.g., ...

As it moves away from fossil fuels and towards climate-neutrality, the EU is placing strategic importance on the market for batteries and stepping up research in the field. From mobile ...

By Stefanos Sofroniou The first ever legal framework on Artificial Intelligence could be agreed upon by the EU legislators as soon as this December. The draft Regulation proposed by the ...

A week after e-commerce giant Amazon(AMZN.O) said it is giving its sellers new generative artificial intelligence advertising tools this holiday season, Shopify (SHOP.TO) has to prove to ...

The earnings of Intel (INTC.O) and Advanced Micro Devices (AMD.O) have offered more evidence a recovery is gathering pace in the personal computer market, boding well for an ...

A recent survey conducted on behalf of the Association of British Travel Agents (ABTA) has shed light on new travel trends among British tourists, with Cyprus making it to the ...

New loans in Cyprus reached €578 million in September 2023, indicating a €52.3 million increase compared to the previous month when they stood at €525.7 million, according to a report released this week by ...

The Retail Trade Turnover Index in Cyprus increased by 8.6 per cent compared to the same month the previous year, according to a report released this week by the Cyprus Statistical ...

The Paphos Regional Tourism Board (Etap) is continuing its efforts to promote the district’s rural areas, aiming to increase the number of visitors to local communities, according to a ...

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps ...

The 2023 Startups4Peace (Su4P) programme, the EU Innovative Entrepreneurship project, funded by the European Union, in collaboration with the Embassy of Finland, this week revealed the names of the ...

The Limassol Chamber of Commerce and Industry (Evel), in partnership with the European Parliament, held its second annual round table discussion on Thursday evening, with discussions revolving around a number ...

Finance Minister Makis Keravnos this week highlighted the positive outlook for Cyprus’ economy and expressed his vision of supporting both small and large Cypriot industrialists in expanding their investments and ...

Limassol’s real estate market saw a total of 1,235 properties being sold during the third quarter of 2023, with a combined value of €310 million, according to Cypriot fintech Ask Wire. The ...