#business

The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of ...

Oil prices fell on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset ...

Logicom Services Ltd, a wholly owned subsidiary of Logicom Public Limited, has announced a public offer to acquire all outstanding shares of Demetra Investments. However, as reported by Stockwatch, analysts ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks feed ...

Limassol has the highest rental prices in Cyprus, averaging €4,492 for houses, while Famagusta has the lowest, with apartments averaging €745, according to a report released on Monday from Landbank Analytics. The ...

The Cyprus Chamber of Commerce and Industry (Keve) recently hosted an official dinner celebrating the Chinese New Year, in cooperation with the Cyprus-China Business Association, according to an announcement released ...

By Branko Milanovic Almost never are witnesses to historical events aware they are observing or participating in a history-changing event. Often, the very protagonists of the historical events are unaware ...

JPMorgan Chase (JPM.N) has posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. The banking giant was buoyed by ...

While “U.S. exceptionalism” has undoubtedly helped drive Wall Street’s record-busting returns in recent years, it should not be confused with isolationism. The fourth-quarter U.S. earnings season that ...

BlackRock’s (BLK.N) assets hit a record high $11.6 trillion in the fourth quarter of last year as the world’s largest money manager posted a 21 per cent profit jump, ...

British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, according to ...

Chipmaker Intel Corp (INTC.O) has announced that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the ...

Here are the top business stories in Cyprus from the week starting January 13: The need for enhanced collaboration between public authorities and private enterprises was emphasised during the recently held ‘...

High government spending and a growing need among big economies – from the United States to Britain and France – to tap bond markets to fund their outlays have shot up the ...

Generative artificial intelligence bellwether OpenAI said this week that it is introducing a beta feature called Tasks to ChatGPT, signaling the company’s foray into the virtual assistant space, competing ...

US producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend. The moderation ...

Israeli high tech companies overcame a year of war and likely raised more than $12 billion in 2024, up 31 per cent from 2023, led by cyber security funding and investments in more established ...

Eurobank’s acquisition of Hellenic Bank is expected to conclude by the end of May, paving the way for the legal and operational merger with Eurobank Cyprus. The latest update ...

The European Commission said it was assessing its cases against Apple (AAPL.O), Alphabet (GOOGL.O), X and Meta (META.O), stressing that President-elect Donald Trump’s return to the ...

Microsoft (MSFT.O) is planning to halt hiring in part of its consulting business in the US in a bid to cut costs, CNBC reported this week, citing an internal ...

Demand for global equity funds declined sharply in the week through Jan. 15, as US Treasury yields rose and expectations for the Federal Reserve’s interest rate cuts fell following a ...

Around one in six British companies cut hiring late last year, the highest share since early 2021, according to a survey that showed firms felt pressure to raise prices due to ...

Finland’s Nokia (NOKIA.HE) has announced that it has signed a multi-year patent license agreement with Samsung (005930.KS) for the use of Nokia’s video technologies in the South ...