#BusinessTop

Financial sanctions against Russia have strangled its banks’ profits and wrecked many lenders’ international operations, but one year after Moscow sent its troops into Ukraine how much do they matter ...

The real estate sector in Paphos experienced a double-digit increase in sales during 2022, with the volume of transactions rising by 31 per cent year-on-year, according to PwC Cyprus’ latest edition of ...

Activist investors are renewing their years-long efforts to break up some of Germany’s most venerable companies, seeing streamlining as a promising route to reviving share prices as Europe’s ...

The Famagusta branch of the hotels’ association Pasyxe on Wednesday expressed concern ahead of the upcoming summer tourist season, noting that labour shortages remain an ongoing issue, despite the positive ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

The European Union on Tuesday announced that it had added the British Virgin Islands, Costa Rica, Marshall Islands and Russia to its list of non-cooperative jurisdictions for tax purposes. This ...

i-BrainTech’s decision is seen as a vote of confidence in Cyprus Israeli sports technology company i-BrainTech, a pioneer in athletic brain training, on Tuesday announced its plan to expand ...

Artificial intelligence will play a vital role in the future of the energy sector, especially as it continues to become more digital and decentralised, according to Cyprus Energy Regulatory Authority (...

The European Union’s economy will avoid recession but headwinds continue to be an issue, according to the European Commission’s interim winter economic forecasts for 2023, presented by Economy Commissioner ...

Spending on cloud services is expected to rise by more than a fifth this year, according to a report released this week by industry analysts Canalys. According to the report, ...

By replacing around 60 welded components with a single module, gigantic aluminium die casting machines made by the likes of Tesla supplier IDRA Group are helping carmakers to simplify manufacturing and ...

The four-day workweek has numerous benefits for the organisations that implement them, both in terms of employee satisfaction, but also to their customers, according to a piece of analysis released ...

The Cyprus Mail recently spoke to Andrew Williams, the Global Head of Human Resources at LImassol-based Libertex Group. The interview covered a number of areas, including what the company does ...

The Cyprus real estate market enjoyed a strong second half of the year, pushing the total value of all property sales to €5.8 billion for 2022, according to a report released this ...

Alphabet Inc (GOOGL.O) lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding ...

Cyprus and India can mutually benefit through a deeper and broader economic and business collaborative relationship, according to an analysis released this week by two executives from consulting and advisory ...

Grocery costs seen rising further in 2023 -executives, analysts Input costs exacerbated by Ukraine war Retailers seeking to pass on high raw material costs Unilever, Nestle, Danone to report results this ...

The total number of loan restructurings in Cyprus appears to have decelerated in 2022, after their sudden and sharp increase in 2021 due to the adverse economic effects of the coronavirus pandemic, ...

Google owner Alphabet Inc (GOOGL.O) on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to ...

House prices in Cyprus continued to rise during the third quarter of 2022, primarily due to elevated construction costs and increased demand from both foreign and local buyers, according to a ...

Proposals to reimburse hundreds of millions of pounds to scam victims in Britain are “fundamentally flawed” and are taking too long to come into force, lawmakers said in a report ...

Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in United Arab Emirates dirhams instead of US dollars, four sources with knowledge of the ...

The global smartphone market continued to falter during the final quarter last year, with sales dropping by 18 per cent, for a total of 296.9 million units, according to a report released ...

German company AVIAREPS announced on Friday that it has been appointed to be the General Sales Agent (GSA) for Cypriot airline TUS Airways, representing the company in its key European ...