#business

Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft (MSFT.O), OpenAI ...

The Department of Agriculture, under the Ministry of Agriculture, Rural Development, and Environment, has unveiled the 7th Call for Applications from April 2, 2024, to June 14, 2024, for the subsidy scheme aimed at ...

With the message ‘a better tomorrow’, the company aims to consistently leave a positive imprint on the country For Lidl Cyprus, Corporate Social Responsibility has been an integral part of ...

The Cyprus University of Technology (Tepak) and the Famagusta Chamber of Commerce (Evea) jointly organised a lecture on artificial intelligence (AI). According to a statement about the event, which took ...

Limassol Municipality and Frederick University’s Department of Maritime and Commerce are collaboratively organising the Blue Limassol Forum 2024, which is scheduled to occur on Monday, April 15, from 17:00 to 19:30 at Frederick ...

Capital Intelligence Ratings (CI Ratings) has revised its long-term foreign currency rating (LT FCR) outlook for the Republic of Cyprus from stable to positive, while affirming the country’s LT ...

The shift to sustainable energy sources has marked the energy transition from traditional fossil fuels to renewable and clean energy sources. Andreas Poullikkas, Chairman of the Cyprus Energy Regulatory Authority (...

Our commitment is our adherence to the UN’s Principles of Responsible Banking, a unique framework for sustainable banking developed through a collaboration between banks worldwide and the United Nations ...

Producer prices in Cyprus’ industrial sector experienced a new decline in February, with the decrease mainly driven by the electricity production sector, according to a report by the Cyprus Statistical ...

Two brothers have promoted inclusivity by developing an app for the hard of hearing By Souzana Psara In Cyprus, a groundbreaking movement is taking shape, led by brothers George Geratziotis ...

“They have the power and responsibility to tackle big issues like climate change, inequality and social injustice. They need to shake up how they operate, not just to meet the ...

Cyprus’ main exports for 2023 included minerals, oil, halloumi cheese, and pharmaceutical products, according to a report by the state’s statistical service (Cystat). The report revealed that Cyprus exported domestically ...

As Europe seeks to hold its ground against economic rivals, politicians think they have a secret weapon: the untapped savings of its citizens. From Italy selling government bonds to households, ...

Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to ...

Australia’s housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia’s ...

Here are the top business stories in Cyprus from the week starting March 25: The European Commission recently released a report highlighting Cyprus’ economy as on a positive trajectory, forecasting growth ...

Global smartphone shipments are expected to rebound 3 per cent this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to ...

Top fashion retailers ASOS (ASOS.L), Boohoo (BOOH.L) and George at Asda have signed undertakings to clarify the way they display, describe and promote their environmental credentials, Britain’s ...

H&M (HMb.ST), the world’s second-largest listed fashion retailer, beat first-quarter operating profit expectations on Wednesday, as new CEO Daniel Erver said spring collections were well received ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...

By Maria Demertzis Inflation in the euro area has declined convincingly from the very high levels seen in the past couple of years. The rate is expected to be 2.3 per ...

British businesses trimmed their plans for staffing and wage increases this month, according to a survey published on Wednesday that suggested April’s big increase in the minimum wage is ...

Online trading app Robinhood Markets (HOOD.O) launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to ...

CBC governor Constantinos Herodotou on Friday addressed the “Digital Financial Literacy: the Way Forward” conference, held by the Central Bank of Cyprus (CBC). The conference aimed to explore the multifaceted ...