#business

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 ...

OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in a row in August, though there are signs ...

Cyprus’ beer industry experienced a remarkable boost in exports during August 2023, with a staggering increase of 113.6 per cent or 193,315 litres, leading to an overall rise of 1.5 per cent in total ...

Cyprus’ technology and innovation community was celebrated in style at the first-ever TechIsland Awards ceremony, which took place in Limassol on September 7, 2023. The event, marked by a remarkable gathering of ...

The highly anticipated 4th BoC Fintech Hackathon 4.0, an annual event, is just around the corner. This year, the marathon focuses on innovative technologies in the financial sector (Fintech) and is ...

Cypriot President Nikos Christodoulides on Thursday evening underscored the pivotal role of technology and innovation in the country’s governance programme and economic vision. “The government is implementing specific actions ...

Cyprus experienced a resurgence in inflation during August, primarily driven by an increase in food prices and other essential goods, according to a report released this week by the state’...