Business

Money market pricing and short-term trading signals make the idea of the first Bank of England rate cut coming in late summer look like a clear bet. Economists and strategists ...

Oil prices dipped on Tuesday due in part to the prospect of rising supply from Russia, slower-than-expected downstream demand in sectors such as jet fuel, and cautious trading ahead of ...

Fisker (FSR.N) said on Monday it would pause production of its electric vehicles for six weeks and raise up to $150 million in funding by selling convertible notes after missing ...

Reddit’s (RDDT.N) initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more likely the social media ...

Most US recreational vehicles – those behemoths of the roadway often resembling box cars that accidentally wandered off the rails – roll out of gritty factories in the gray environs of Elkhart, ...

Apple (AAPL.O) is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News reported on Monday, citing people familiar with the situation. The negotiations ...

Qatar Airways is in early talks with Boeing (BA.N) and Airbus (AIR.PA) to order 100 to 150 widebody jets to expand and renew its fleet, according to Bloomberg News, citing ...

Alphabet (GOOGL.O) unit Google enjoys a competitive edge in generative artificial intelligence due to its trove of data and AI-optimised chips, Microsoft (MSFT.O) has told EU antitrust regulators, ...

Adobe (ADBE.O) forecast second-quarter revenue below analysts’ estimates last week, following stiff competition and weak demand for its artificial intelligence-integrated photography, illustration and video software amid a tough economy. ...

Here are the top business stories in Cyprus from the week starting March 11: REALTYon, the only event in Cyprus dedicated to the entire property industry, is returning for its second ...

By Maria Demertzis On security issues, the European Union does not speak collectively with one voice and member states are very far from having the same objectives on defence. Yet, ...

Shares of Apple (AAPL.O) supplier Foxconn (2317.TW) rose as much as 9.5 per cent early on Friday to their highest in three years, a day after it reported a fourth-quarter ...

India said on Friday it would lower import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufacturing within three years. ...

Fitch Ratings on Friday cut its rating outlook on Boeing (BA.N) to “stable” from “positive,” as it believes the US planemaker may take roughly 12 months longer in achieving its ...

President Nikos Christodoulides on Saturday paid a visit to the liquefied natural gas (LNG) terminal ahead of the now-confirmed restart of construction work. Speaking to journalists at the site, he ...

Fabiano Pompei’s family has run a news kiosk close to Rome’s imposing St. John Lateran Basilica since 1948. Marco Volpini’s family owned one near the Trevi Fountains for ...

Cypriot Deputy Minister of Shipping Marina Hadjimanolis played a prominent role in the European Cruise Summit, organised by the Cruise Lines International Association (CLIA), during the association’s annual Cruise ...

The 16th evaluation of Cyprus’ post-memorandum economic situation is set to commence next Tuesday and conclude on Friday, as confirmed by the island’s lenders. The evaluation will encompass an ...

China’s ByteDance-owned TikTok posted revenue of about $16 billion last year in the United States, where the viral video app that has hooked Gen Z users is at the risk ...

India’s antitrust body on Friday ordered a probe into Alphabet Inc’s Google (GOOGL.O) in an ongoing dispute with local startups over its in-app billing system, saying the ...

In a remarkable keynote that captured the crypto community’s attention, BlockDAG unveiled its ambitious plans, significantly impacting Ripple (XRP) and Gala (GALA) prices. As readers scouting for the next ...

The harmonised index of consumer prices in Cyprus (HICP) witnessed a notable increase of 2.1 per cent in February 2024, in comparison to February 2023, according to a report released on Friday by ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced its active participation in the annual Global Money Week (GMW2024), a pivotal global campaign dedicated to promoting financial literacy, with ...

Oil prices edged lower on Friday but were on track to gain over 3 per cent for the week, boosted by the International Energy Agency raising its 2024 oil demand forecasts and ...