#business

CBC governor Constantinos Herodotou on Tuesday underscored the evolving European economy’s nuances and the impacts of prevailing monetary policies, during a conference hosted by the Central Bank of Cyprus ...

Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according ...

A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for some time to defeat inflation, a message echoed by fellow policymakers from Australia ...

It’s next-level stuff. “Layer 2” cryptocurrencies native to projects built on top of “layer 1” blockchains such as Bitcoin and Ethereum – have found a new lease of life after a year ...

One of Russia’s most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in ...

Advertised salaries in Britain hit their lowest level in six months in October, indicating easing inflation pressure, but a first rise in vacancies since June suggested a recovery in the ...

Scope, Europe’s first ECB-approved credit ratings agency, promises to put more weight on the euro zone’s improved ability to navigate crises although it has concerns about Italy and ...

Former Binance chief Changpeng Zhao must stay in the United States for the time being, a federal judge said on Monday, after the founder of the world’s largest cryptocurrency ...

OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. ...

Personal support and user opinions are crucial to ensuring local transport systems become more widely accessible. By Jessica Berthereau When Inez Rastovac, who works for the Dutch municipality of Tilburg, ...

Sony (6758.T) must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London ...

OpenAI and Microsoft (MSFT.O) were sued last week over claims that they misused the work of nonfiction authors to train the artificial intelligence models that underlie services like OpenAI’...

Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting of ransomware attacks under a security overhaul announced last week after a ...

Here are the top business stories in Cyprus from the week starting November 20: Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s ...

By Maria Demertzis When Russia invaded Ukraine in February 2022, the European Union had little experience of imposing sanctions. Numerous sanctions packages later, there is still significant doubt about their effectiveness. ...

Chip designer Nvidia (NVDA.O) said this week it expects a steep drop in fourth-quarter sales in China – a key revenue generator – in the wake of new US rules, but ...

Broadcom (AVGO.O) said it planned to close its $69 billion acquisition of cloud computing firm VMWare (VMW.N) earlier this week, wrapping up one of the biggest takeover deals in ...

Italy’s Enel (ENEI.MI) will focus its investments on power grids in the next three years and take a more cautious approach to spending on renewable energy projects, its ...

The Deputy Ministry of Research, Innovation, and Digital Policy has set its sights on positioning Cyprus as a dominant force in research, innovation, entrepreneurship, and high technology. In an ambitious ...

The recent 8th Greek Raw Materials Community Dialogue in Athens placed a spotlight on the Critical Raw Materials Act and its potential to fortify technological advancement and green energy production. ...

Aristos Philis, a Limassol native, stands at the helm of Lemissoler Navigation Company’s Strategic Development department while simultaneously holding the positions of CEO and co-founder at KeelX. Philis is ...

President of the Cyprus Ports Authority Antonis Stylianou this week underlined the impact of green transition processes within ports, describing the authority’s actions as exemplary practices. This discussion took ...

The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from Counterpoint Research. ...

Cyprus has emerged as a thriving hub for video game developers and tech innovators, drawing in global gaming companies owing to its skilled workforce and creative environment. In this context, ...