EU’s Breton tells Apple CEO to open its ecosystem to rivals
EU industry chief Thierry Breton on Tuesday called on Apple (AAPL.O) CEO Tim Cook to open up the iPhone maker’s fiercely guarded ecosystem of hardware and software to ...
Musk’s X disabled feature for reporting electoral misinformation
Elon Musk’s X, formerly called Twitter, disabled a feature that let users report misinformation about elections, a research organisation said on Wednesday, throwing fresh concern about false claims spreading ...
Cyprus companies look to business coaching to stay ahead
In today’s competitive business landscape, companies in Cyprus are increasingly recognising the benefits of business coaching and training to drive growth and achieve success, with industry experts extolling the ...
UK workers take most sick leave in over 10 years, employers say
British workers took the most sick leave in more than a decade during the past year, a survey of employers showed on Tuesday, adding to signs of a lasting increase ...
Cyprus Business Now
The Bank of Cyprus on Tuesday said that a recent meeting with the government allowed for the bank’s initiative aimed at providing assistance to homeowners with loans secured by ...
Cisco’s $28 billion Splunk deal may ignite software deal frenzy
Cisco Systems’ (CSCO.O) $28 billion deal for Splunk (SPLK.O) is likely to prompt other technology giants to splash out on similar acquisitions of software vendors with predictable subscription revenue, ...
Turkey set to bring forward some 2024 bond sales if market favourable
Ankara could tap international bond markets more than once before year-end, while a flurry of debt sales from Turkish firms will lift overall emerging markets high-yield issuance, said Stefan Weiler, ...
Cyprus economy resilient amid challenges, says Finance Minister
The Cypriot economy has demonstrated exceptional resilience in recent years, according to statements made by Finance Minister Makis Keravnos, while speaking at the 4th Conference on “Banking System: New Challenges ...
French shoppers buy fewer tampons, less detergent as prices surge
French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by big brands like P&G (PG.N) and ...
Italy in markets’ crosshairs as Meloni readies difficult budget
Italy is under growing market scrutiny as Prime Minister Giorgia Meloni prepares a difficult 2024 budget, with investors dismayed by government moves affecting sectors from banks to airlines.
The Treasury will ...
Dollar at 10-month high as US yields spike
The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by US bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention ...
Cyprus on fast track of becoming a tech island, association says
TechIsland, the largest technology association in Cyprus, with over 270 members, held its annual TechIsland Summit within the framework of the Reflect Festival on September 20, 2023.
According to a statement released on ...
Limassol port manager celebrates tourism day — expects 300K passengers in 2023
Limassol port manager DP World on Tuesday released a statement saying that as part of the celebrations to mark World Tourism Day, it held a special event for passengers last ...
Tourism: Cyprus must stave off negative image
The 2023 tourist season is set to surpass the record-breaking year of 2019 in terms of the number of foreign tourists. The numbers have been confirmed by the arrivals at our airports, ...
Cyprus leads Europe in knowledge-intensive business job growth
Cyprus has emerged as the leader in brain business job growth in Europe, with an impressive 62 per cent increase in the share of adults employed in such roles since 2014, according ...
Cyprus Business Now
Kition Ocean Holdings has officially declared zero increases in berthing fees for yacht owners in Larnaca Marina for the year 2024, according to a statement released by the company.
The statement ...
Cyprus Ports Authority collaborates with Spanish counterpart
A delegation from the Municipality of Limassol, led by Mayor Nikos Nicolaides, recently visited Malaga, Spain, to discuss and solidify a Memorandum of Cooperation between the Municipality of Limassol and ...
Amazon steps up AI race with up to $4 billion deal to invest in Anthropic
Amazon.com (AMZN.O) on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud rivals on ...
Cyprus central bank lowers economic growth forecast
The Central Bank of Cyprus (CBC) on Monday made a slight downward revision to its growth forecasts for 2023 and 2024, according to its latest macroeconomic projections released in September.
The CBC ...
A year after budget crisis, UK debt faces fresh pensions headwind
Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2 trillion pound ($2.5 trillion) government bond market a year on from the “mini-budget” crisis that ...
ECB needs to be cautious about doing too much on rates – Villeroy
The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should try to avoid a hard landing of the ...
UK’s fossil fuel car ban delay may only stall investment
Britain’s decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the ...
US sanctions authority delayed KFC’s Russia exit
A US sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for departing foreign firms when the deal was on the ...
Oil prices rise, tight supply back in focus
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that ...