#business

US companies will look to the Middle East and India for more aluminium and to Chile and Peru for copper as they seek to circumvent sweeping tariffs imposed by US ...

The dollar surged on Monday, pushing its Canadian counterpart and the Mexican peso to multi-year lows while China’s yuan slumped to a record trough in offshore trade after US ...

Cryptocurrency prices slid on Monday, with bitcoin at a three-week low, as the risk of a trade war spooked investors and caused a selloff across financial markets. Bitcoin , the world’...

Turkey’s monthly inflation rate climbed more than expected to 5.03 per cent in January due to a minimum wage hike and several new-year price updates, while annual inflation fell to 42.12 ...

Oil prices rose on Monday after US President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of supply disruption, though gains were capped by concern over what ...

The protection of borrowers hinges not only on legal compliance but also on the social responsibility of banks and credit acquisition companies (CACs), according to Costas Melas, president of the ...

Deputy Minister of Innovation Nicodemos Damianou will meet with the Greek Minister of Digital Governance Dimitris Papastergiou in Athens this week, according to an announcement released on Monday. The two ...

Cyprus’ cruise sector is set for a significant upturn, expecting a 30 per cent surge in ship arrivals this year, according to Deputy Shipping Minister Marina Hadjimanolis. In addition, 139 vessels are ...

The National Bank of Greece (Cyprus) recently presented its activities in the Cypriot business environment during a conference held in Athens. In a speech delivered at the event, Marilena Sevastidou, ...

Non-profit social venture and think tank CyprusInno, powered by SocialTech Lab, has successfully concluded the 2024 Academy for Women Entrepreneurs (AWE) in Cyprus, according to an official announcement. Now in its ...

Cyprus’ industrial producer prices decreased by 1.9 per cent in 2024 compared to the previous year, according to the latest data from the state statistical service. The Producer Price Index (PPI) for ...

By Maria Demertzis For all the talk about the harm of global tariffs and trade wars, the EU could give business a significant boost––while increasing its own revenues from ...

EU investment in the push for ever smaller and more powerful microchips is helping support innovation in AI, the space industry and beyond. By Anthony King On 1 June 2024, a spacecraft ...

Germany needs to overcome its structural weaknesses if it wants to keep its AAA credit rating in the long term, Eiko Sievert, executive director at European ratings agency, Scope Ratings, ...

France’s largest video game maker Ubisoft (UBIP.PA) will close its Leamington site in Britain and restructure operations at Ubisoft Düsseldorf, Ubisoft Stockholm and Ubisoft Reflections, impacting 185 employees, ...

Artificial intelligence data startup Turing, one of a growing number of companies that provide human trainers to AI labs, has said that its revenue tripled to $300 million last year as ...

BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin to be in the lower half of its 6-7 ...

Chief executives of global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory ...

Here are the top business stories in Cyprus from the week starting January 27: The Limassol Chamber of Commerce and Industry (Evel) has called for a comprehensive and environmentally conscious approach ...

Wind power generation in Germany – Europe’s largest wind producer – is on track to record its longest stretch of below-normal production since early 2021 due to a spell of low wind ...

Top computer chip equipment maker ASML has reported fourth-quarter bookings of 7.09 billion euros ($7.39 billion) that far exceeded expectations, as a boom in AI drove demand for the company’s most ...

A record EU antitrust fine of 4.3-billion-euro ($4.5 billion) imposed on Google seven years ago punished the tech giant over its innovation, the Alphabet unit (GOOGL.O) told Europe’s top ...

JPMorgan (JPM.N) is in talks to take overflow office space in Credit Suisse’s empty former offices in Canary Wharf, a source familiar with the matter told Reuters, having ...

Prices in British shops fell a bit less sharply in January than in December and food costs rose at the fastest monthly pace since April last year, according to a ...