#BusinessPick

Alphabet (GOOGL.O) plans to seek external investment for GFiber, its business selling Wi-Fi and internet connectivity in parts of the United States, the company told Reuters on Monday, as ...

The total volume of beer deliveries in Cyprus during the period of January to August 2023 experienced a slight increase, while exports witnessed an impressive 18 per cent surge during the same ...

The strengthening of innovative local businesses is a top priority for the government, stated Finance Minister Makis Keravnos during his visit to SignalGeneriX, a company specialising in the design and ...

Before Moscow’s invasion of Ukraine two years ago, Russia’s Nasdaq-listed search engine giant Yandex (YNDX.O) was briefly worth $30 billion. This week, a consortium of domestic investors agreed ...

Nintendo (7974.T) on Tuesday raised its full-year Switch sales forecast to 15.5 million units from 15 million units previously, as the company squeezed sales out of the aging console over the year-end ...

Microsoft will provide 2 million people in India with AI skilling opportunities by 2025, CEO Satya Nadella said on Wednesday, adding that it is imperative for India and the United States to ...

By Luigi Scazzieri Europeans have struggled to form a coherent response to the Israel-Hamas conflict that erupted after Hamas’ brutal attacks on October 7th. As the death toll has risen, ...

The Research & Innovation Foundation (RIF) on Friday hosted its ‘Partner Day’ conference at the Hilton Hotel in Nicosia, in an effort to further foster collaboration between Cyprus’ research and ...

Cyprus’ trade deficit reached €8.57 billion in 2023, marking an 18 per cent year-on-year increase, according to a report released on Friday by the Cyprus Statistical Service (Cystat), The report, which utilised preliminary ...

National investment promotion agency Invest Cyprus on Friday expressed satisfaction with the meeting held on February 8 at the Presidential Palace, which aimed to provide support to foreign investors in Cyprus, ...

Barclays (BARC.L), Britain’s biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restrict lending more ...

President Nikos Christodoulides on Thursday updated foreign investors on the progress of Cyprus’ Strategy for Attracting Investment and Talent, in effect since 2022. Speaking at an event at the Presidential Palace ...

Google (GOOGL.O) on Thursday renamed its Bard chatbot after the new artificial intelligence that is powering it, called Gemini, and said consumers can pay for better reasoning capabilities as ...

The benchmark S&P 500 index was muted on Thursday, lingering near the 5,000-point mark, as investors sized up major corporate earnings reports, a roughly in-line jobs report and remarks ...

Cypriot real estate analytics firm Ask Wire on Thursday released a report outlining the performance of the local property market for the fourth quarter of 2023, including property sales and rental ...

The Central Bank of Cyprus (CBC) this week released a statement highlighting the importance of the visit by Pablo Hernandez de Cos, the governor of the Central Bank of Spain, ...

The Cabinet of Ministers, led by Deputy Minister of Shipping Marina Hadjimanoli, this week approved updated green incentives for the Cypriot shipping sector in 2024, in line with the European Green ...

Maersk said on Thursday Red Sea trade disruptions would not be a major boost for the company and an oversupply of vessels would hit its earnings this year, sending its ...

An entity formed of senior Yandex managers will become the Russian internet company’s largest shareholder with a 35 per cent stake should a $5.2 billion cash and share deal go through, ...

The Cyprus Employers & Industrialists Federation (Oev) this week expressed its satisfaction with the approval of the Grants Scheme for Energy Upgrade and Competitiveness Enhancement for Large Enterprises. The proposal, ...

Britain’s biggest homebuilder Barratt (BDEV.L) will buy Redrow (RDW.L) in an all-stock deal valuing its smaller rival at about 2.52 billion pounds ($3.18 billion), they said on Wednesday, aiming ...

Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), is setting up a $4-5 billion fund to invest in India through a tax-neutral ...

Decentralized finance – DeFi – is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in ...

Cruise industry giant Royal Caribbean Group announced on Wednesday that it is now hiring members of staff based in Cyprus for its cruise ships, with a diverse set of roles ...