Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Tesla Inc (TSLA.O) shareholders urged a judge on Tuesday to find Elon Musk coerced the company’s board into a 2016 deal for SolarCity and asked that the chief executive ...
Microsoft Corp (MSFT.O) is buying “Call of Duty” maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their ...
The hospitality industry has experienced a change in consumer behaviour during the coronavirus pandemic, according to research conducted by Insights Market Research (IMR) on behalf of Corporate Events and Media ...
Britain’s payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving prepaid cards issued to vulnerable people on welfare ...
The Recovery and Resilience Plan will facilitate the path towards improved productivity and significantly affect GDP growth, the Economics Research Centre of the University of Cyprus (CypERC) has said in ...
The commission’s market supervision area of activities has enjoyed significant growth, Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides said on Monday following a meeting with the house ...
Used car sales in Paphos fell by 10 per cent during the previous year, president of the Pancyprian Automobile Trade Association of Paphos (Pasyea) Andreas Shikkis told the Cyprus News Agency (...
TechIsland, an NGO representing 137 Cyprus-based technology companies, announced this week that it has completed its pledge to rebuild a school in fire-stricken Arakapas.
“TechIsland members are donating a total of 900,000 ...
High energy price across the euro zone is a major concern for the European Central Bank, but it sees supply pressures easing in the oil and gas markets this year, ...
Tesco (TSCO.L), Britain’s biggest supermarket group, outperformed its major rivals over Christmas, achieving its highest grocery market share since January 2018, industry data showed on Wednesday.
Market researcher Kantar ...
Three leading British retailers on Thursday underscored the threat they face from inflation this year, with their bosses battling to remain competitive as consumer finances come under pressure and prices ...
An organisation, at its core, is primarily composed of the collective capacity of its people to create value. KARMA prides itself on having one of the best teams of professionals ...
Electric cars made up nearly two thirds of Norway’s new sales in 2021, with Tesla the top selling automobile brand overall, as the country pursues its goal of becoming the ...
Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai’s state-owned port operator DP World at Ndayane, ...
OPEC+ is expected to stick to its plans to increase output in February when it meets on Tuesday, seeing a mild and short-lived impact on demand from the Omicron coronavirus ...
Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company’s offices in Guangzhou on Tuesday, with many worried that their returns would be sacrificed to ...
The Cyprus Economy and Competitiveness Council on Monday submitted a range of proposals for pursuing the growth and development of the tertiary education sector which would have many benefits for ...
Footfall across all British retail destinations in the days after Christmas was 24.5 per cent lower than the same week in 2019 as the Omicron variant of COVID-19 rapidly spread, Springboard analysts ...
Apple Inc (AAPL.O) on Monday became the first US company to hit $3 trillion in market capitalization, thanks to investor confidence that the iPhone maker will keep launching best-selling products ...
Cyprus’ retail turnover recorded a significant increase on an annual basis in October, according to data released by the Cyprus Statistical Service (Cystat) on Monday.
The Retail Trade Turnover Value ...
China Evergrande Group (3333.HK) shares have been suspended from trading on Monday pending the release of “inside information”, the embattled property developer said without elaborating.
Evergrande, the world’s most ...
Tesla Inc’s (TSLA.O) shares were set to open this year at their highest in about a month after reporting stronger-than-expected quarterly deliveries of its electric cars, allaying fears ...
Another weekend, another chance for Sony’s superhero adventure “Spider-Man: No Way Home” to flex its box office dominance.
The comic book sequel, starring Tom Holland as Marvel’s favorite ...
Turkey’s annual inflation rate surged to 36.1 per cent last month, its highest in the 19 years Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by ...