#BusinessPick

French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by big brands like P&G (PG.N) and ...

Italy is under growing market scrutiny as Prime Minister Giorgia Meloni prepares a difficult 2024 budget, with investors dismayed by government moves affecting sectors from banks to airlines. The Treasury will ...

The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by US bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention ...

Limassol port manager DP World on Tuesday released a statement saying that as part of the celebrations to mark World Tourism Day, it held a special event for passengers last ...

Kition Ocean Holdings has officially declared zero increases in berthing fees for yacht owners in Larnaca Marina for the year 2024, according to a statement released by the company. The statement ...

A delegation from the Municipality of Limassol, led by Mayor Nikos Nicolaides, recently visited Malaga, Spain, to discuss and solidify a Memorandum of Cooperation between the Municipality of Limassol and ...

Amazon.com (AMZN.O) on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud rivals on ...

State oil giant Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) (TAQA.AD) said on Monday they secured the financing for a $2.2 billion project to ...

TechIsland, the largest tech association in Cyprus, announced the launch of version 1.0 of the “CY GUIDE Chatbot” powered by LoqosAI. Aimed at providing smooth transition for individuals relocating to Cyprus, ...

Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2 trillion pound ($2.5 trillion) government bond market a year on from the “mini-budget” crisis that ...

The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should try to avoid a hard landing of the ...

A US sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for departing foreign firms when the deal was on the ...

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that ...

Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to test medicines, both accelerating drug development and potentially ...

Broadcom (AVGO.O) tumbled 6 per cent on Thursday after The Information reported Google executives had discussed dropping the company as a supplier of artificial intelligence chips as early as 2027. Alphabet-owned (...

A Polish watchdog is investigating Microsoft-backed (MSFT.O) OpenAI over a complaint that its ChatGPT chatbot breaks European Union data protection laws known as the GDPR, it said. OpenAI has ...

OpenAI on Wednesday unveiled Dall-E 3, the latest version of its text-to-image tool that uses its wildly popular AI chatbot ChatGPT to help fill in prompts. Dall-E 3 will be available to ...

Cisco Systems (CSCO.O) has agreed to buy cybersecurity firm Splunk (SPLK.O) for about $28 billion in its biggest-ever deal to beef up its software business and capitalize on the ...

A softening employment market in Britain “must weaken” consumer demand in 2024/25, the boss of clothing retailer Next (NXT.L), said on Thursday. “I’m not going to try and predict ...

In a collaborative effort to tackle the challenges facing the tourism industry, particularly the shortage of staff, the Pancyprian Association of Owners of Hospitality Centres (Osika) held a meeting earlier ...

During a meeting held this week in New York, Cyprus President Nikos Christodoulides engaged in discussions with the leadership of Ernst and Young, headed by Julie Linn Teigland, Managing Partner ...

Cyprus is dedicated to a dual green and digital transformation, with clear objectives aligned with EU priorities, according to a statement released on Thursday by Deputy Minister of Research, Innovation, ...

By Maria Demertzis At the heart of the EU’s legitimacy as an institution is its treaties. These agreements on what Europeans need to do together to achieve common goals ...

Cryptocurrency usage is growing in Nigeria as Africa’s largest economy grapples with a weakening currency and soaring inflation, New York-based blockchain research firm Chainalysis said in a report this ...