#business

The Deputy Minister of Shipping, Marina Hadjimanoli said Cyprus was committed to attracting young people to the maritime profession as well as more women as part of its effort to ...

Finance Minister Makis Keravnos is in Brussels for the Eurogroup meeting at which ministers are set to discuss macroeconomic developments and prospects in the Eurozone. Their focus will be on ...

International Business Machines (IBM.N) has said that its initial testing of generative artificial intelligence (AI) tools from Adobe (ADBE.O) has resulted in productivity improvements. IBM said it was ...

British digital bank has raised 340 million pounds ($431.26 million) at a 4 billion pound ($5.07 billion) valuation, the company said in a statement on Tuesday. The round was led by CapitalG, a fund ...

India has asked tech firms to seek its approval before the public release of artificial intelligence (AI) tools that are “unreliable” or under trial, noting they should also be labelled ...

Amazon’s AWS (AMZN.O) said on Tuesday that customers who want to transfer their data to another cloud service provider will not have to pay any network fees globally. ...

The large magnitudes of tax evasion and tax avoidance are having a profound impact on the economy and citizens of Cyprus. Tax evasion is defined as the deliberate non or ...

Here are the top business stories in Cyprus from the week starting March 4: Recently, consulting and advisory firm PwC Cyprus hosted a significant event to present its annual report on ...

Arts and culture can bring imagination and momentum to projects for putting urban neighbourhoods more in tune with nature. By Jack McGovan In the Dutch capital Amsterdam, a thoroughfare called ...

Europe needs to be fast, selective and aggressive in supporting key tech industries amid US-China trade tensions, the Dutch economic affairs minister said in an interview on Wednesday. Micky Adriaansens ...

Alphabet’s (GOOGL.O) Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app stores as ...

Tesco (TSCO.L), Britain’s biggest retailer, said this week it would raise store workers’ hourly pay by 9.1 per cent, in a move that reflects the increase in the government-mandated ...

The fourth quarter of 2023 witnessed a notable surge in Cyprus’ overall employment, recording a 1.1 per cent increase compared to the same period in 2022. According to data released this week by ...

Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, ...

By Theodoros Zachariadis The European Union adopted the European Climate Law (Regulation (EU) 2021/1119) in 2021, which requires the EU to reach net zero emissions in 2050 – that is, if emissions still exist, ...

European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming months as inflation in the eurozone falls faster than they had anticipated. ...

The Cyprus general government recorded a surplus of €455.9 million in January 2024, equivalent to 1.4 per cent of the GDP, according to the preliminary fiscal results released on Friday by the Statistical ...

Cyprus has been ranked at a lowly 37th place in terms of the best EU Countries for women’s career progression, according to a study conducted by analysts at Claims....

The unemployment rate in Cyprus fell to 5.9 per cent of the labour force during the fourth quarter of 2023, marking a significant decrease from 6.9 per cent in the same period of 2022, ...

The price of fresh vegetables saw a substantial increase of 26.5 per cent in February, when compared to the previous month, according to a report by the Cyprus Consumer Association released ...

Minister of Energy, Commerce, and Industry George Papanastasiou on Friday addressed the ‘Cyprus Conference on Competition Law‘, which sought to examine the key trends and developments in this area. During ...

In commemoration of International Women’s Day 2024, consulting and advisory firm PwC Cyprus shared two studies, the Women in Work Index and Inclusion Matters, shedding light on the persistently sluggish ...

Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, ...

The Cyprus Registry marked its 60th anniversary of participation in global shipping activities earlier this week, highlighting its journey towards becoming a key player through a strategy focused on responsible ...