Business

The Cyprus Productivity Centre (KEPA) has issued an open invitation for individuals to express their interest in providing training services as part of the National Action Plan for the European ...

Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times ...

UBS UBSG.S has been ordered to pay $388 million to British and U.S. regulators over Credit Suisse‘s dealings with private investment firm Archegos Capital Management, the Swiss bank ...

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core offering is its World ID, which the company describes as a “digital passport” ...

Oil prices eased on Monday as traders awaited more rate hike cues from US and European central banks, with tightening supply and hopes for Chinese stimulus underpinning Brent at $80 a ...

A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race ...

In the world of crypto investment, it’s the gems hidden beneath the surface that often yield the most significant returns. These hidden gems are the projects that possess innovative ...

Local airline Cyprus Airways on Monday released a report detailing its performance during June 2023, during which it carried 59,110 passengers, doubling the figures from the same month of the previous year, ...

The crypto realm has become a land of opportunities, attracting investors from all over the world with no limit on investments and potential returns. The recent innovation is now being ...

Late deposition may be permitted by a court order If a buyer fails to deposit a sale contract they have entered into for the purchase of a property without a ...

Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...

The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets are craving some guidance. ...

The environment is not being taken seriously by individuals or by the competent authorities when it comes to building developments. Of course, there has been considerable progress in the last ...

Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday. The updated conversion rate is ...

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to persistent strength in the labour market. Initial claims for state unemployment benefits dropped 9,000 to ...

Cell-cultivated meat companies could receive new investment since US regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional ...

Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? A: With the world’s cheapest Domino’s pizza. The 49...

Streaming video pioneer Netflix (NFLX.O) disappointed Wall Street with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9 per cent in after-hours trading. The revenue figure, ...

It is Barbie’s world, and U.S. small businesses hope their social-media marketing can help them cash in on it. From Malibu makeovers to striped dog bandanas to hot ...

The Ethereum Consensus Scaling Effort is a series of projects that are designed to improve the scalability of the Ethereum blockchain. The goal of these projects (which include sharding, rollups, ...

Here are the top business stories in Cyprus from the week starting July 17: Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same ...

Meta (META.O) is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to ...

Microsoft (MSFT.O) this week said it would charge at least 53 per cent more to access new artificial intelligence features in its widely used office software, in a glimpse at ...

Tesla (TSLA.O) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s ...