#BusinessTop

Although the pandemic caused delays in plans for the state’s complete modernisation, we are now facing a new reality that acts as a springboard in our drive to reactivate ...

Intel Corp is buying Israeli chipmaker Tower Semiconductor (TSEM.TA) for $5.4 billion, the companies said on Tuesday, giving it access to more specialised production as it positions to take advantage ...

Semiconductor designer Advanced Micro Devices Inc (AMD)(AMD.O) said on Monday it has finalized the purchase of Xilinx Inc (XLNX.O) in a record chip industry deal valued at ...

Prosecutors began a US corruption trial on Monday by accusing a former Goldman Sachs (GS.N) banker of seeking to make millions of dollars laundering money looted from Malaysia’s 1...

TechIsland says government needs to ensure startups get investment TechIsland, an NGO representing 137 Cyprus-based technology companies, announced on Thursday that its member company Embio Diagnostics has entered an agreement with ...

Canada’s trucker protesters could not have picked a better spot to disrupt the export-driven country’s economy, or the North American auto industry, than the four-lane Ambassador Bridge between ...

Rental values for both apartments and houses rose during the fourth quarter of the previous year, according to a report released this week by independent real estate asset management and ...

Finance Minister Constantinos Petrides on Friday welcomed the European Commission’s forecasts for the Cypriot economy, viewing them as a validation of the country’s recovery and future prospects. In ...

The European Commission predicts a 4.1 per cent increase for the real GDP of Cyprus in 2022 and a 3.5 per cent increase in 2023, in its Winter 2022 Economic Forecast which was published on ...

Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official said on ...

Quant Insight (Qi), a Limassol-based quantitative financial market analytics and trading insights provider, on Wednesday announced the launch of a new product, aiming to provide individual traders with high-end analytics. ...

Cyprus has been ranked as one of the top travel destinations for Russians, Tourism Minister Savvas Perdios said on Wednesday in the wake of two recent visits to Moscow. “There ...

Japan has decided to divert some LNG cargoes to Europe in response to requests from the United States and European Union, with the extra shipments expected to arrive in March, ...

Efforts to encourage the use of small, lightweight, low-speed vehicles in Limassol are being hindered by a number of obstacles, micromobility industry stakeholders said during a panel discussion. The event, ...

The surprise split vote behind the Bank of England’s interest rate hike last week, which was too small for almost half its officials, threatens to obscure the British central ...

Restaurants and other hospitality venues in Paphos are struggling to find the workers required to keep their businesses in operation, Paphos Leisure Centre Owners Association (Sikap) president Angelos Onisiforou said ...

On Jan. 12, an image of a computer-generated pixelated person was sold for about $50.6 million worth of cryptocurrency on a new online marketplace that caters for non-fungible tokens. It gets stranger. ...

Facebook’s parent Meta Platforms said on Friday it is launching a tool for people using its virtual reality social platforms to maintain personal space boundaries, as concerns have mounted ...

Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and ...

American painter James Whistler believed that artists aren’t paid for their labour, but rather for their vision. When creative possibilities are endless, a creator’s perspective, sense of aesthetics ...

Eurozone companies expect wages to rise by 3 per cent or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such ...

The total purchases of Cypriot bonds by the European Central Bank (ECB) amounted to €6.56 billion, under the Public Sector Purchasing Programme (PSPP) and the Pandemic Emergency Purchase Programme (PEPP). According ...

Two years into an economic meltdown the World Bank says is one of the worst recorded, Lebanon’s rulers have proposed a way to plug a huge hole in the ...

Cypriot fintech company WiRE, which mainly operates in the real estate market, announced on Wednesday that it has been accepted to participate in PricewaterhouseCoopers (PwC) UK’s Scale programme. PwC’...