#business

Resilient US growth is fueling another rebound in the dollar and sending bearish investors scrambling, though the rally will be tested by a gauntlet of data and the Federal Reserve’...

Qualcomm (QCOM.O) on Monday said it had signed a new deal with Apple (AAPL.O) to supply 5G chips to the iPhone maker until at least 2026. Qualcomm, whose shares ...

Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and social unrest driving more ...

The Deputy Minister of Tourism Kostas Koumis recently emphasised the “historic, enduring, and significant” contribution of the Famagusta district to Cyprus’ tourism sector. The deputy minister’s praise for the ...

Chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poullikkas has stressed the importance of urban energy transition, particularly as global city populations continue to grow, while also making the ...

The Cyprus Ministry of Energy, Commerce, and Industry on Monday announced an extension to the application deadline for the De minimis Grant Schemes, allowing private businesses more time to apply ...

Vehicle registrations in Cyprus experienced a significant spike of 28.1 per cent during the period of January to August 2023, compared to the same period in 2022, according to a report by the ...

European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking ...

The Cyprus Finance Ministry has not yet presented the revised bill aimed at creating a framework for overseeing foreign direct investments to the House of Parliament, according to statements made ...

Tesla’s (TSLA.O) supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an “asymmetric advantage” and boost its market capitalization by nearly $600 billion, ...

Zara owner Inditex (ITX.MC), which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial position as weakening demand for ...

BMW (BMWG.DE) said on Monday it will invest 600 million pounds ($750 million) at its UK plants to take its iconic Mini brand all-electric by 2030, a fresh boost for Britain’s ...

Oil prices eased on Monday as a stronger US dollar and economic concerns in China weighed on the outlook for fuel demand, but extended supply cuts by Saudi Arabia and ...

A global shortage of technicians and independent repair shops qualified to fix electric vehicles (EV) threatens to increase repair and warranty costs for drivers, potentially undermining upcoming deadlines to cut ...

As Europe turns increasingly to clean sources of energy, EU researchers are on a quest to make hydrogen from solar rays and heat. By Tom Cassauwers In July 2023, when southern ...

Meta Platforms (META.O) said last week that it will discontinue the “Facebook News” feature on its social media app in the UK, France and Germany, later this year. Users ...

Apple (AAPL.O) last week said it remained concerned about privacy and security risks it sees in the new EU Digital Markets Act (DMA), after the European Commission had designated ...

Here are the top business stories in Cyprus from the week starting September 4: The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing ...

The European Union has picked out 22 so-called “gatekeeper” services, run by six of the biggest tech companies in the world, to face new rules as part of its latest crackdown ...

Apple (AAPL.O) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday. Arm unveiled pricing ...

TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification, as part of the social media company’s data security ...

Cyprus’s construction sector saw a 16.5 per cent increase in the total value of building permits during the first half of 2023, as well as a 3 per cent increase in their ...

The Cyprus University of Technology (Tepak) on Friday announced that it has awarded scholarships totalling €326,000 to nine third-country nationals, in a significant step toward enhancing its global reach and fostering ...

The City of Dreams Mediterranean resort and casino this week released a statement announcing the launch of Anaïs, Cyprus’ first French Gastro Club. At the club, visitors can taste ...