#business

British employers expect to raise pay by 3 per cent over the coming year, the lowest planned increase in two years and down from 4 per cent three months ago, a survey ...

ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...

Baker Tilly Klitou and Partners Limited has been appointed as the External Auditors of the Central Bank of Cyprus for the financial years 2023 to 2027, according to an announcement released on ...

Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets. A brutal selloff and recovery in global markets in the past ...

Oil prices rose for a fifth consecutive session on Monday, extending gains from the previous week’s more than 3 per cent rise, as US recession fears eased while geopolitical tensions ...

Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States and EU banned the export of their banknotes there in March 2022 following the invasion ...

Larnaca was one of the most popular destinations for travellers flying from London’s Heathrow airport in July, according to an announcement released on Monday. “Venice and Larnaca proved popular ...

Paphos’ Regional Tourism Board (Etap) said that it is currently developing a digital strategy for the entire Paphos district, along with action plans for the years 2025-2027. “Through this study, ...

Cyprus’ construction materials price index recorded a decrease of 1.45 per cent for the period from January to July 2024, when compared to the same period in 2023. According to a report released ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

By Ioannis Tirkides When the Bank of Japan raised its key interest rate from a range of zero to 0.1 per cent to 0.25 per cent, arguably to stem the yen’s ...

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ...

When Mike Hopkins was approached about leading Amazon Prime Video, his view of the streaming service matched one held widely in Hollywood — it was nothing more than a perk for ...

Collaboration between Europe and Africa on support for small business start-ups is heralding in a new era for EU-Africa cooperation on innovation. By Andrew Dunne From her offices in Cape ...

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...

Here are the top business stories in Cyprus from the week starting August 5: The Cypriot economy continues to display remarkable growth and resilience in the face of a challenging global ...

Shares of Airbnb (ABNB.O) slumped nearly 14 per cent on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter ...

Japan’s Honda Motor (7267.T) reported a 23 per cent increase in first-quarter profit this week as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales ...

Shares of Germany’s Commerzbank (CBKG.DE) fell as much as 6 per cent earlier this week after it reported larger than expected loan loss provisions in the second quarter. The ...

WK Kellogg (KLG.N) plans to completely shut down its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker’s headcount by ...

The way the Great Sea Interconnector is being promoted “bears serious risks and many problems,” the associations affiliated with the Cyprus Employers & Industrialists Federation (Oev) related to energy matters ...

Apple’s (AAPL.O) lucrative deal with Google (GOOGL.O) could be under threat after a US judge ruled that the Alphabet-owned search giant was operating an illegal monopoly. A ...

Continental (CONG.DE) delivered better-than-expected results this week and said the second half of the year would be even stronger as cost-cutting and restructuring measures underway at the German car ...

Robinhood (HOOD.O) beat Wall Street expectations for second-quarter earnings this week, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share ...