Barclays (BARC.L) said it would cut around 5,000 jobs or 5 per cent of its workforce this year, as it uses technology such as AI to slash fixed costs and improve ...
Tesla (TSLA.O) cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter on Wednesday, after investing far less in ...
Emirates showcased new accessibility initiatives at the AccessAbilities Expo 2026 in Dubai, highlighting technologies and services designed to help passengers with disabilities travel with greater independence, including its travel rehearsal programme, ...
Alpha Trust – Andromeda SA determined the issue price for its new shares at €8.10 per share under a dividend reinvestment plan following a decision announced on Wednesday.
The new shares will ...
Around 6,000 seafarers remain trapped near the Strait of Hormuz, as attacks on commercial vessels intensify and concerns grow over the safety of crews caught in the continuing conflict between the ...
The European Commission on Wednesday announced that it has opened formal proceedings against Booking.com to investigate whether the accommodation platform breached EU digital rules by failing to tackle fraudulent ...
Capital Maritime Finance raised €300 million through its stock market debut in Athens this week, marking Greece’s largest maritime equity offering and the first primary listing of a shipping company ...
Greek banks are among Europe’s strongest performers in reducing credit risk costs, although their levels remain among the highest on the continent, according to an analysis by Morningstar DBRS ...
Revolut users reported that were now able to log into the banking app again by 5.30pm Cyprus time on Tuesday, after experiencing around half a day of access problems caused ...
The company contributed nearly €343 billion to the EU economy, including €22.3 billion directed to European suppliers, €27.4 billion invested across its European operations, and €39.5 billion in exports, while PMI’s European value ...
Commercial ships have been sunk and sailors killed or left missing as attacks intensify across the Strait of Hormuz and Black Sea, raising concerns for Cyprus’ shipping industry over crew ...
Euro area companies with more geographically diversified shareholders cut investment less sharply during the Covid-19 crisis than businesses whose investors were concentrated in their home country, according to a European ...
Worldwide shipments of desktop computers, laptops and workstations fell 21.2 per cent year-on-year to 58.1 million units in the third quarter of 2026, as higher component costs pushed up prices and weakened demand, ...
The European Central Bank (ECB) has developed two new indicators to monitor euro area banks’ vulnerabilities between regular stress tests, helping authorities assess whether lenders can withstand future losses and ...
The European Securities and Markets Authority (ESMA) has published two new guidance notes aimed at helping investment firms and other financial market participants make clearer claims about the environmental and ...
Artificial intelligence (AI) is reshaping the retail sector, with 80 per cent of retail leaders planning to increase investment in the technology, although cybersecurity threats and regulatory constraints could limit its ...
Private equity buyouts can boost suppliers’ sales and employment but also intensify cost-cutting during economic downturns, with wider consequences for competition and the effects of interest rate changes, according to ...
Global shipments of OLED monitor panels are forecast to rise by 79 per cent in 2026 to 6.1 million units, as falling prices, expanding production capacity and growing competition drive wider adoption, according ...
Satellites from different makers can’t easily connect or be repaired in orbit. EU-funded researchers have built and tested a universal, USB-like standard that could change that.
By Jonathan O’...
Technology and software companies face growing challenges from electronic invoicing requirements as countries introduce differing tax reporting rules, deadlines and data standards, according to professional services firm EY.
The firm ...
By Nektarios Michail
The first industrial revolution was the period between 1760 and 1840, which was defined by more efficient and stable manufacturing processes, at a large scale, aiming to reduce labour ...
Strong investment in AI infrastructure is keeping global growth at around 3 per cent with major benefits for Asia, but also foreshadows a “slow-moving tsunami” that could massively disrupt labor markets, ...
Amazon confirmed that it was shuffling leadership in its Alexa division, a day after the company announced its first tablet computers featuring the voice assistant.
Daniel Rausch, a 17-year Amazon ...
The International Air Transport Association (IATA) has called for stronger integration of people, technology and global standards to improve aviation safety, as its director of safety, Mark Searle, outlined priorities ...