#business

Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an arbiter between the United States, ...

Here are the top business stories in Cyprus from the week starting October 16: The priorities of the government are intertwined with the commitment to incorporate technology and digitisation into its ...

The European Union’s data protection watchdog this week called for stronger privacy safeguards in EU draft legislation to underpin a digital euro. The European Central Bank (ECB) is due ...

A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloyd’s ...

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, will build a new kind of data centre using Nvidia (NVDA.O) chips and software for a range of ...

EE, Britain’s biggest mobile operator, said this week that it would launch a sales platform called EE ID to try to grow its retail offering by selling gaming consoles ...

Cyprus is facing a critical situation when it comes to being able to access housing, with numerous indicators painting a grim picture that demands immediate attention, according to Marinos Kineyirou, ...

Cyprus’ Composite Leading Economic Indicator (CCLEI), compiled by the University of Cyprus’s Economic Research Centre (CypERC), displayed a 2.6 per cent annual increase in September 2023, a reflection of positive trends ...

Finance Minister Makis Keravnos this week reiterated the government’s commitment to bolstering the administrative services sector in Cyprus. The minister’s comments were delivered during his address at the 11...

The Construction Material Price Index in Cyprus experienced a slight annual decline in September, marking its first yearly decrease in nearly three years, particularly since November 2020. According to data from ...

Microsoft (MSFT.O) is preparing to bring Amazon.com (AMZN.O) as a customer for its 365 cloud productivity tools in a deal worth over $1 billion, news site Insider reported on ...

German chip manufacturer Infineon (IFXGn.DE) said earlier this week that it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric ...

US companies across sectors such as food and beverage makers and manufacturers of glucose monitors have faced investor questions over the risk to future sales from the growing popularity of ...

President Nikos Christodoulides announced several multi-million-euro projects in the municipalities and communities of the Famagusta district, highlighting the government’s commitment to the area’s development, during a gathering at ...

UBS (UBSG.S) on Friday said it will overhaul the board of its domestic Swiss business after its takeover of Credit Suisse, including a new chairman to oversee both operations. ...

Relentless selling of US government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate ...

National flag carrier Cyprus Airways on Friday released a report revealing its traffic results for the month of September 2023, with the airline having transported a total of 48,560 passengers during this ...

Britain needs to better track funds going into green investments to assess how much is needed from the private sector and should consider targeted tax changes to encourage sustainable projects, ...

Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the conflict in the region, with some cancellations already taking effect, ...

You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web’s information and serve up a summary ...

The path to sustainable tourism involves the fusion of technology and the preservation of cultural heritage, stated Deputy Minister of Tourism Kostas Koumis, during his speech at the 16th International ...

Finnish telecom gear group Nokia (NOKIA.HE) will cut up to 14,000 jobs to reduce costs, it said on Thursday, after weaker demand for next-generation 5G equipment lowered third-quarter sales by ...

Tesla (TSLA.O) CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker’s much-awaited Cybertruck electric pickup truck and announced that deliveries would begin ...

As shopkeeper Ben Selvaratnam recounted how his grocery store in south London was being targeted by shoplifters up to 10 times a day, he had to stop to eject two men ...