#business

Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed. Wednesday’s purchasing managers’ indexes ...

Cyprus’ transportation and storage sector experienced a substantial growth of 17.3 per cent during the second quarter of 2023, compared to the same period last year, according to a report released this ...

The Association of Cyprus Tourist Enterprises (Stek) and the regional administration of the island of Crete this week announced that they are set to hold an initiative under the banner ...

A Ural Airlines Airbus landed in the Russian city of Yekaterinburg on Nov. 14 last year. Then it remained grounded on the tarmac. Three days later, a spare part crucial for ...

Greek lender Eurobank on Wednesday announced that it has formally entered into a share purchase agreement with Poppy S.à r.l., outlining its intention to acquire an additional 17.3 per cent ...

The long-running battle between Microsoft (MSFT.O) and Britain over the Activision Blizzard (ATVI.O) deal took another twist on Tuesday, raising more questions than answers about the country’s ...

Bullish investors are hoping Wednesday’s earnings report from chip heavyweight Nvidia (NVDA.O) can rejuvenate a US stocks rally that has stumbled in recent weeks. Nvidia shares have tripled ...

Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country’s financial industry outshine its rivals because ...

Oil prices ticked up in Asian trade on Wednesday, as traders weighed weak demand indicators from top importer China and the prospect of further US rate hikes against potential supply ...

Russia’s invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world in the 18 months since its launch on Feb. 24, 2022. Here ...

China’s Lenovo Group (0992.HK) on Thursday posted a worse-than-expected 24 per cent fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers. ...

A look at the day ahead in US and global markets from Mike Dolan Far from the recession forecasts of earlier this year, US economic growth may actually be accelerating ...

Amid international supply-chain disruptions, the EU is stepping up efforts to ensure the European food system benefits family farmers, Europe’s regions and its consumers. By Alex Whiting When Paolo ...

In a groundbreaking development that bridges the European and Philippine markets, Tempo France, a leading international payment system operator, has entered into a landmark partnership with Cebuana Lhuiller, a prominent ...

Walt Disney (DIS.N) has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, even as Hollywood writers and actors battle ...

Japan’s Sony (6758.T) this week said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31 per cent to 253 billion yen ($1.8 ...

When artificial intelligence (AI) apps started spreading in Nigeria’s music industry, Eclipse Nkasi thought his days as a producer were numbered. Then he took a step back, saw there ...

In today’s business landscape, Environmental, Social, and Governance (ESG) factors have emerged as key drivers of long-term value creation and sustainable growth for companies across industries Beyond financial performance, ...

Electrical interconnections have a critical role to play in our collective efforts to achieve climate neutrality, according to Andreas Poullikkas, Chairman of the Cyprus Energy Regulatory Authority (CERA). Poullikkas explained ...

Limassol port management company DP World Limassol on Tuesday announced that it has acquired new equipment, in an ongoing effort to enhance operations and increase productivity at the Multi-Purpose Terminal ...

The Central Bank of Cyprus on Tuesday announced that in July 2023, a total of 36 bounced cheques amounting to €112,717 were issued, contributing to the addition of 18 entities (11 legal and 7 natural persons) ...

Vehicle registrations in Cyprus witnessed an extraordinary surge during the first seven months of the year, with a notable 27.9 per cent increase in overall registrations between January to July 2023. The ...

Payments giant PayPal (PYPL.O) said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. ...

The Cyprus construction sector has seen a simultaneous increase in both the area and value of construction permits issued by municipal authorities and district administrations during the initial five months ...