Business

The government has rejected the latest proposal on developing the Aphrodite gas play as it tilts the scales in favour of the companies holding the concession while at the same ...

Finance Minister Makis Keravnos said on Monday he will have a new round of meetings with bank executives to see how lenders might refrain from raising interest rates again, as ...

The electricity supply of the north’s public broadcaster Bayrak and the Hala Sultan Mosque in Mia Milia were cut off on Monday, according to the north’s electricity authority (...

Tesla Inc (TSLA.O) is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature led to death, in what ...

The lure of ‘Meme Magic’ is capturing the attention of VeChain (VET) and Cardano (ADA) followers. A new entrant, Pomerdoge (POMD), is taking center stage with its ambitious Play-to-Earn (P2...

The north paid the Republic around €14 million for electricity in the space of the last month, its electricity authority (Kib-Tek) employees’ union (El-Sen)’s general secretary Ahmet Tugcu said on ...

Near Protocol (NEAR) and Tezos (XTZ) have recently experienced a downturn in their value. As a result, many investors and traders are looking for ways through which they can diversify, ...

International credit rating agency Fitch recently released a piece of analysis on the acquisition of Hellenic Bank by Greek lender Eurobank, with the agency noting that the completion of all ...

Britain’s competition regulator plans to propose a deeper probe into the large amount of land controlled by top homebuilders and into high charges arising from difficulties in handing over ...

Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the ...

Turkey’s latest massive interest rate hike has caught the attention of long-sceptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a ...

European Regulation (EC) 1784/2020 entered into force on 01.07.2022 and regulates judicial cooperation in civil and commercial matters between EU member states when a judicial or extrajudicial act must be transmitted from ...

Many smaller US manufacturers that supply parts to the Detroit Three automakers will be at risk if a long United Auto Workers strike shuts down assembly lines starting next month, ...

European researchers are striving to improve the technology that could one day help blind people see again. By Anthony King Berna Gomez, a former science teacher from Spain, became a ...

British retailer the John Lewis Partnership said on Friday it is recruiting for more than 10,000 jobs over the coming months – 1,700 permanent positions and over 8,400 seasonal roles. The employee-owned partnership trades ...

Proxy advisory firm Institutional Shareholder Services recommended on Wednesday that Nike (NKE.N) investors vote for a resolution calling on the company to disclose more data on pay equity for ...

After being badly burned by a horrific holiday experience in Protaras, we turned to a local rental company for the perfect summer getaway. At the start of summer, we got ...

Here are the top business stories in Cyprus from the week starting August 21: Entertainment venues in coastal towns are still seeing heightened traffic after the 15 August public holiday, according to ...

Nvidia (NVDA.O) far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in ...

Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap ...

Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European Union online content rules, the ...

Profound changes in how the global economy operates, from increased protectionism to energy transition, could create greater inflation volatility and more persistent price pressures, European Central Bank President Christine Lagarde ...

Cypriot firm Ask Wire this week released a report detailing the value of the ten most expensive property sales transactions completed in July 2023, along with the cumulative value of the ...

Cyprus-based Multimarine Services Ltd this week announced that it has marked a significant achievement with the successful construction of a floating electrical hub, heralding the island’s entrance into the ...