#business

Microsoft (MSFT.O) this week said it would charge at least 53 per cent more to access new artificial intelligence features in its widely used office software, in a glimpse at ...

Tesla (TSLA.O) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s ...

Plum, the smart money app whose Cypriot office is located in Nicosia, on Friday, announced that it is revolutionising the stock investment experience for customers in Cyprus with the introduction ...

Kition Ocean Holdings this week announced that it has decided to extend the low berthing fees for the next quarter, following a meeting with the local representative of the Pan-Cyprian ...

By Maria Demertzis For all the problems and crises that the EU has gone through in the past 15 years, immigration is one that still proves difficult to address. It cannot ...

Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late ...

The Turkish central bank introduced 15 per cent required reserves for FX-protected lira deposits, a table published on Official Gazette showed early on Friday. Bankers said the change in required reserves ...

Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office ...

The pound was on track for its biggest weekly fall since February on Friday, as markets reacted decisively to signs that Britain may finally be turning a page on inflation. ...

The ECB this week released the latest version of its Household Finance and Consumption Survey (HFCS) report, providing insight into the financial state of households in Cyprus and the Eurozone, ...

British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted ...

Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek (NVTK.MM) mean the company is close to overtaking Kremlin-controlled Gazprom (GAZP.MM) as the country’s leading fuel ...

Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s presidential vote, some parts of it have done rather well, although ...

Under the overarching theme of Transparency, the 4th Cyprus Forum is set to take place this year, organised by the non-governmental organisation Oxygono, in collaboration with the Delphi Economic Forum. ...

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named the Bank of Cyprus as the ‘Best Bank in Cyprus’ in its 2023 Awards for ...

Britain’s easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts’ forecasts, on the back of an ongoing rebound in summer ...

Enterprise software provider IBM’s (IBM.N) second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses ...

Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain’s Financial Services ...

Cyprus-based investor and entrepreneur Alexey Gubarev this week confirmed that he has recently sold Servers.com, a provider of bare metal services with customers and data centres across North America, ...

Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals ...

The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow’s mayor as showing the resilience of Russia’s auto industry ...

Investors in El Salvador international bonds are relishing 60 per cent returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with ...

India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in ...

The Association for the Protection of Bank Borrowers (Syprodat) this week released a statement expressing its “deep regret” following the rejection of a controversial law proposal that aimed to grant ...