#business

Tourist arrivals in Cyprus between January and November 2023 reached 3,722,022 visitors, reflecting a notable increase of 20.4 per cent when compared to the same period in 2022, according to a report released on ...

Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a ...

Abu Dhabi is set to buy a stake in a key Turkish port, according to four sources aware of the deal, in a further sign of a rapprochement between the ...

IBM (IBM.N) on Monday said that it would buy Software AG’s (SOWGn.DE) enterprise technology platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud ...

Mercedes Benz (MBGn.DE) said on Monday it would carry out level 3 autonomous driving tests on designated highways in Beijing, without giving an exact time frame. The German automaker said ...

Supermarkets in the UK and Europe are offering more own-brand festive food from roast duck to truffle crackers as cash-strapped families spend on Christmas meals at home while cutting down ...

Many working people in Europe are at risk of economic hardship, prompting EU researchers to seek policy answers. By Ali Jones For Lineke Smit, poverty in Europe is brought home ...

Better use of grass-covered areas across the EU can protect nature and strengthen agriculture. By Vedrana Simicevic German farmers in the Lower Oder Valley National Park on the eastern border ...

Electric vehicle charging companies in Europe and the US have started fighting over the best spots for fast public chargers, and industry watchers predict fresh rounds of consolidation as more ...

Alphabet’s (GOOGL.O) Google, Meta Platforms (META.O), Qualcomm (QCOM.O) and seven other tech companies on Wednesday teamed up to push for open digital ecosystems in response to ...

South Korea will provide 38 trillion won ($29 billion) in financing to strengthen its battery industry over the next five years, as global competition to secure battery supply chains remains fierce, the ...

Here are the top business stories in Cyprus from the week starting December 11: The Ministry of Finance on Monday announced that the Republic of Cyprus and France ratified an updated ...

By Ioannis Tirkides We are in treacherous waters. After a year and a half of relentless interest rate hikes by central banks in the developed world, and the remarkable resilience ...

Meta Platforms’ (META.O) lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according ...

“Fortnite” maker Epic Games won a major antitrust trial against Alphabet’s Google (GOOGL.O) in San Francisco, persuading a federal jury on Monday that some of the technology giant’...

A federal judge in Virginia has rejected cybersecurity company Centripetal Networks’ patent infringement claims against Cisco Systems (CSCO.O) in a multi-billion-dollar fight over network-security technology. A different judge in ...

The European Central Bank opted to keep interest rates stable on Thursday and hinted at an impending conclusion to its final bond purchase programme. This move marks the conclusion of ...

Hellenic Bank this week announced that its wealth and investment services division hosted a forum aimed at understanding the challenges and trends shaping the investment landscape, in an effort to ...

The number of job vacancies surged by 3,100 positions, marking a substantial 33.8 per cent increase during the third quarter of 2023, reaching a total of 12,274, compared to the same quarter in the ...

The Cyprus Association of Travel Agents (ACTA) this week announced its new administrative council for the term 2023-2026, appointing Harris Papacharalambous as the new president. In a statement released following ...

Public sector employment in Cyprus experienced a notable fluctuation during the third quarter of 2023, with an increase of 1,878 individuals compared to the same period in 2022, according to a report released ...

Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast (CMCSA.O) and Walt ...

Warner Bros Discovery (WBD.O) said on Tuesday that music streaming giant Spotify (SPOT.N) would host the media conglomerate’s podcasts as part of its monetization drive. Spotify’s ...

National flag carrier Cyprus Airways this week announced that despite prevailing geo-political tensions in the Middle East, it still managed to record a growth in revenue in November 2023. According to ...