Business

Cyprus’ Industrial Producer Prices Index experienced a 2.5 per cent decrease in May 2024 compared to the same month in 2023, according to a report by the state’s statistical service. For the ...

By Maria Demertzis The European Union’s fiscal framework, the European Commission’s attempt to coordinate the fiscal positions of member countries, will be reinstated in September for the first ...

EU-funded researchers are taking technologies known as “smart wearables” to the next level. By Jessica Berthereau What do cycling, showering and making love have in common? All three activities prove ...

Data centres and electric vehicles are expected to ramp up US power demand by about 300 terawatt-hours (TWh), equivalent to the electricity consumed annually by Turkey, by the end of the ...

Cyprus is synonymous with real estate. In recent years, the real estate market in Cyprus has seen a surge in the popularity of off-plan properties. This may be because of ...

Here are the top business stories in Cyprus from the week starting June 24: Deputy Minister of Shipping Marina Hadjimanolis recently embarked on a series of important meetings in Geneva, according ...

In 2024, Cyprus stands out in the European real estate landscape, marked by stability and growth despite the broader challenges of inflation and rising interest rates. While other countries tread cautiously, ...

US oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of ...

Microsoft faces a hefty antitrust fine after the European Commission this week accused it of illegally linking its chat and video app Teams with its Office product, giving it an ...

Google will showcase artificial intelligence features, and updates to its Pixel devices and the Android platform at a special event on Aug. 13, according to invites shared online by the Verge ...

A delegation from the International Monetary Fund (IMF) on Friday held informal discussions with members of the House Finance Committee during their technical assistance mission to Cyprus. The visit was ...

Social media platform Reddit said this week that it will update a web standard used by the platform to block automated data scraping from its website, following reports that AI ...

OkSeven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector’s first trade group, they said this week. The ...

A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal with major studios that includes agreed-on pay hikes and guardrails against the ...

Nvidia (NVDA.O) short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over just three sessions earlier this week, according to ...

A delegation from the International Monetary Fund (IMF) on Friday held informal discussions with members of the House Finance Committee during their technical assistance mission to Cyprus. The visit was ...

Maritime firm Prevention at Sea, based in Cyprus, has recently been honoured with a feature in the GreenTech and Decarbonisation category on the newly updated Global Maritime Tech Startup Map ...

Globally, the foreign exchange market is the biggest financial market. Indeed, the average daily turnover of this market alone is trillions of USD. No matter how long a trader has ...

Seven innovative Cypriot small and medium-sized enterprises (SMEs), members of the Cyprus Association of Research & Innovation Enterprises (CARIE), part of the Cyprus Chamber of Commerce and Industry (Keve), participated ...

Eurobank has been awarded a prestigious distinction in the field of post-custodial services, being named “Best Sub-Custodian Bank 2024” in Cyprus and Greece by the esteemed Global Finance magazine. This accolade ...

State-owned asset management company Kedipes announced on Friday that a €60 million cash payment was made on June 26, as previously mentioned in the company’s most recent operational management progress report ...

Turkey’s finance minister said on Friday “we succeeded”, a remark that appeared to indicate the international crime watchdog Financial Action Task Force is about to announce the removal of ...

Richa Tandon is a name synonymous with innovation in the realm of soft skills training. Skill Boosters caters to the diverse needs of children by integrating components like emotional intelligence ...

Industrial production in Cyprus recorded an 8.2 per cent increase year-on-year during April 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). The Industrial Production Index for ...