#BusinessPick

Bugs, microalgae and bacteria are emerging as healthy and sustainable alternatives to traditional proteins. By Pieter Devuyst Dr Janina Seubert believes the path to healthier human diets is through the ...

AMD said this week that it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to ...

Samsung Electronics (005930.KS) on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78 per cent, as the battered memory chip market shows early signs of recovering from a severe ...

The Cyprus Securities and Exchange Commission (CySEC) this week reported that the assets under management (AUM) for Management Companies and Undertakings of Collective Investments (UCIs) in the second quarter of 2023 ...

Cyprus has reported a substantial 22.1 per cent increase in the number of commercial flights during September 2023, when compared to the same month from the previous year. This report was created ...

The Business Leaders Summit, a prominent gathering of business leaders in Cyprus, is back to shed light on the major issues and challenges modern business leaders face. Organised by the ...

By Maria Demertzis The digital euro will likely be a reality in the not-so-distant future. For the European consumer, however, is still unclear what difference it will make to her ...

Britain’s financial regulator this week said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it ...

German carmaker BMW (BMWG.DE) saw group sales of its battery-electric vehicles surge by 79.6 per cent year on year in the third quarter of 2023 to 93,931 units, the company said on ...

Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla’s market share slipped to the ...

Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and US governments, a senior banking ...

Oil prices were up on Friday after the US tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast ...

Britain’s antitrust regulator on Friday cleared Microsoft’s (MSFT.O) acquisition of “Call of Duty” maker Activision Blizzard (ATVI.O) after the restructured deal addressed its earlier concerns. Activision ...

Cyprus’ trade deficit for the period of January to August 2023 reached €5.8 billion, compared to €5.2 billion during the same period in 2022, according to a report released this week by the state’...

Cyprus has witnessed a notable increase in bounced cheques, with 26 such incidents totalling €276,202 reported in September 2023 alone. This concerning trend has landed 15 individuals (comprising 12 legal entities and 3 individuals) on the ...

Limassol port management company DP World recently concluded a three-month internship programme for students specialising in shipping and related fields, in a bid to strengthen its ties with the local ...

Toyota Motor (7203.T) and Idemitsu Kosan (5019.T) have formed an alliance to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday. The partnership follows an announcement ...

Birkenstock’s (BIRK.N) stock ended more than 12 per cent below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut that signaled investors remain cautious ...

Cyprus’ construction sector has seen significant developments in the third quarter of 2023, with both price indices and production on the rise, according to a report released this week by the ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday announced that it has partnered with the EU-Georgia Business Council and received support from the Cyprus-Georgia Business Association, in a ...

OpenAI plans to introduce major updates for developers next month to make it cheaper and faster to build software applications based on its artificial intelligence models, as the ChatGPT maker ...

A group of Japanese firms will issue a digital currency by July 2024 for the transaction and settlement of clean energy certificates, cryptocurrency exchange DeCurret said on Thursday. GMO Aozora Net ...

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou is participating in the annual meetings of the World Bank and the International Monetary Fund (IMF), taking place this week ...

Cyprus experienced a substantial improvement in its current account deficit during the second quarter of the year, which narrowed to €346.1 million from €1.04 billion in the same period last year, according ...