#BusinessPick

Stellantis’ (STLAM.MI) Peugeot brand plans to use ChatGPT to improve the voice assistant in its cars and vans, the French brand said on Tuesday, joining rivals such as Volkswagen ...

Spotify (SPOT.N) said on Friday that Apple’s (AAPL.O) new plan to comply with the European Union’s Digital Markets Act (DMA) is “a complete and total farce.” ...

The global electric vehicle (EV) market is set to witness a substantial growth of 29 per cent, reaching 13.7 million units in 2023, according to the latest research from technology market analysts Canalys. ...

Despite the buzz over generative artificial intelligence last year, the technology’s impact on the advertising business of Alphabet (GOOGL.O) and Meta Platforms (META.O) is likely to be ...

Whether Amazon.com (AMZN.O) can cash in on its delivery heft by boosting fee revenue from its “Buy With Prime” service after a 2022 overhaul of its logistics network will ...

German sportswear maker Adidas (ADSGn.DE) expects operating profit to nearly double to about 500 million euros ($542.3 million) this year after the company’s break-up with Kanye West and the discontinuation ...

Italy’s data protection authority has told OpenAI that its artificial intelligence chatbot application ChatGPT breaches data protection rules, the watchdog said on Monday, as it presses ahead with an ...

By Maria Demertzis Brussels has entered pre-election mode, and over the next few months, there will be a lot of talk about the priorities and objectives the new EU leadership ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Bank Association this week reached a preliminary agreement to collaborate on joint initiatives and public outreach concerning matters of ...

Cyprus’ retail sector experienced a notable surge during 2023, with a remarkable 8.9 per cent increase in the value of turnover, according to a report released this week by the state’s ...

The launch of US exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially creating unforeseen new risks, some experts say. ...

Japan’s industry ministry said on Tuesday it will offer around 45.2 billion yen ($307 million) in subsidies in an initiative to develop optical technology for use in chips to help boost ...

The Cyprus Shipping Chamber (CSC) on Friday expressed its appreciation for the re-appointment of Deputy Director General Alexandros Iosifidis as a Goodwill Maritime Ambassador at the International Maritime Organisation (IMO), ...

The Association of Cyprus Tourist Enterprises (Stek) this week met with Labour Minister Yiannis Panayiotou and Deputy Minister of Tourism Kostas Koumis, discussing both the positive prospects and lingering uncertainty ...

New lending in Cyprus remained stable during 2023, a reflection of an economic environment dominated by high interest rates, which also pushed loan restructurings to historically unprecedented levels. According to a ...

Elon Musk suffered one of the biggest legal losses in US history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by ...

The Cyprus Real Estate Agents Registration Council on Friday said that the local property market performed robustly during the fourth quarter of 2023, despite inflationary pressures, high interest rates, and soaring ...

Ryanair (RYA.I) flights were emptier in January than the same month a year ago after a number of online travel agents (OTAs) stopped selling its flights in early December, ...

Eurozone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank’s argument that rate cuts should not be rushed, ...

Cyprus-based ship management company Intership Navigation, founded 35 years ago by German ship owner Alfred Hartmann, recently announced its separation from the Hartmann Group through a management buyout by its long-term ...

Technology giant Google (GOOGL.O) has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands as part of efforts to green ...

Deutsche Bank (DBKGn.DE) said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains on track. The ...

The downturn in Germany’s manufacturing sector, which accounts for about a fifth of the country’s economy, eased in January, a survey showed on Thursday. The HCOB final Purchasing ...

The Non-Performing Loan (NPL) ratio in Cyprus remained unchanged at 8.3 per cent in November 2023, according to a report released on Thursday by the Central Bank of Cyprus (CBC). According to ...