#business

Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and ...

EU-backed scientists are making progress in efforts to give people with impaired motor functions more independence. By Michael Allen In 2009, a former US policeman named Richard Marsh suffered a severe ...

Taiwan’s TSMC (2330.TW), which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly optimistic view of Japan as a production base, two industry sources said, ...

A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms (META.O) in San Francisco federal court on Tuesday, accusing the tech giant of misusing their works ...

Here are the top business stories in Cyprus from the week starting September 11: President Nikos Christodoulides on Friday deflected media questions about the inflation and higher interest rates saying the ...

When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a flight, it said it was showing its commitment to a ...

The European Union’s financial services chief said on Wednesday that a draft law to underpin a digital euro should not be rushed out ahead of European elections next June ...

Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed US President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps such ...

Enterprise software maker Salesforce (CRM.N) on Tuesday launched a generative AI tool that would be available across its suite of apps from instant messaging service Slack to data visualization ...

The Cypriot startup, innovation and research ecosystem has grown considerably in recent years, according to Theodoros Loukaidis, the Director-General of the Cyprus Research and Innovation Foundation (RIF). During an interview ...

The CYENS Centre of Excellence recently held a meeting with the President of the House Commerce Committee, Kyriakos Hadjiyiannis, regarding the “Update on the issues and prospects of Centres of ...

Unlike other companies that are attempting significant transformations with artificial intelligence, Apple (AAPL.O) is using the emerging technology to improve basic functions in its new gadgets. Without using the ...

Chevron’s two western Australian plants continued exports of liquefied natural gas (LNG) on Friday, despite a step-up in strikes and a fault at the Wheatstone plant that cut production ...

In a meeting with representatives of the Centres of Excellence, held during a session of the House Committee on Commerce, the Deputy Minister of Innovation, Research, and Digital Policy, Philippos ...

Cyprus is gearing up to host the prestigious EMC 2023 – Eastern Mediterranean Conference & Exhibition on Energy from November 28 to 30, 2023. The event, held under the auspices of the Ministry of Energy, ...

Employment in the broad public sector increased by 894 individuals, a rise of 1.2 per cent, in the second quarter of 2023, compared to the same period in 2022, according to the state’s ...

A “national conversation” is needed to assuage public fears that a digital version of the pound would allow the government to spy on them, Bank of England deputy governor designate ...

Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate measures that stop cryptoassets from undermining macroeconomic and financial stability. Such risks are exacerbated ...

Cyprus is gearing up for the upcoming Reflect Festival, an extravagant, unique and diverse event at the crossroads of technology, innovation, lifestyle and entrepreneurship. The streets and squares of Limassol ...

Job vacancies in Cyprus saw a substantial increase of 17.2 per cent in the second quarter of 2023 compared to the same period the previous year, according to a report released on ...

Cypriot Finance Minister Makis Keravnos on Wednesday expressed optimism regarding a potential upgrading of Cyprus’ credit rating to investment grade by the global rating agency Moody’s. The minister’s ...

Mastercard (MA.N) on Tuesday denied a media report saying the payments processing giant is planning to increase the fees that merchants are charged when their customers use credit cards ...

The European Central Bank (ECB) on Wednesday criticised the Italian government’s proposed tax on windfall bank profits, saying it did not consider lenders’ long-term prospects and could make some ...

Israel’s central bank is pushing forward with plans to issue a digital shekel, citing the need to improve the country’s payment systems, but on Tuesday remained noncommittal on ...