#BusinessPick

The Cyprus IT Enterprises Association (CITEA), a member of the Employers and Industrialists Federation (Oev), announced this week that it held a meeting with the new Deputy Minister of Research, ...

First-quarter job opportunities in London’s financial sector plunged by almost a third year-on-year, recruiter Morgan McKinley said on Tuesday, as firms struggle with economic and geopolitical headwinds. The collapse ...

What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get ...

The world’s top central banks are cutting the frequency of their dollar liquidity operations with the US Federal Reserve from May, sending the clearest signal yet that last month’...

Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales rose 10% at constant currencies, boosted by its directly operated shops and defying a weak Chinese ...

A quarter into record layoffs, investors in US tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be ...

The Deputy Ministry of Tourism, in partnership with the Ayia Napa municipality, on Tuesday announced that it recently held an event focused on providing employment opportunities for Ukrainian refugees currently ...

National flag carrier Cyprus Airways this week announced that there was a significant increase in passenger transport and flights in March. According to the announcement, the airline carried 25,899 passengers in ...

Coca-Cola Co (KO.N) beat Wall Street estimates for quarterly revenue and profit on Monday, as demand for its sodas remained resilient in the face of multiple price increases taken ...

First Republic Bank (FRC.N) shares sank more than 20 per cent after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter ...

Russian lender Sberbank (SBER.MM) said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, joining the artificial intelligence chatbot ...

After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. ...

The University of Cyprus on Monday announced the launch of a new postgraduate programme in behavioural economics, which is designed to prepare students for career options requiring analysis of human ...

Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future” as it bolsters controls during the takeover of Credit Suisse. Chief ...

A protest which blocked off entry and departure of ships from Larnaca port on Monday morning caused a stern reaction from Kition Ocean Holdings, which warned it was considering taking ...

The Cyprus Germany Business Association (CGBA) on Monday announced that it is set to host a public event entitled dedicated to doing business with Germany. The event will take place ...

Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered (STAN.L) said on Monday, saying that the so-called “crypto winter” is over. Bitcoin could gain from factors including ...

Europe’s offshore renewable energy industry is not big enough to deliver governments’ goals to rapidly expand green power, and requires a jump in policy support and funding to get ...

OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged, data obtained ...

Oil prices fell more than 1 per cent on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of ...

Credit Suisse (CSGN.S) said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in the first quarter, adding that outflows were continuing even in the wake ...

After months of hosting displaced survivors of Turkey’s massive earthquake in his Antalya hotels, Hakan Saatcioglu hopes his rooms will soon be filled with tourists again after the temporary ...

A request for seaplanes needed to fight forest fires is red-flagged because it could harm the environment. Companies seeking aid after being hammered by COVID are asked to show proof ...

By Pierre Jaillet Inflation has been elevated in 2021-22 in Europe and elsewhere, driven by higher energy and food prices, from exogenous influences, but also driven by mark ups on ...