#business

Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector. Held at ...

British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs that the past year’s ...

Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the US ...

EU countries and lawmakers have agreed on rules governing artificial intelligence systems such as ChatGPT after 10 hours of discussions, a person with direct knowledge of the talks said on Thursday. ...

Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia “We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that the International Matchmaking Event it recently held at a major energy conference was a resounding success. The matchmaking ...

The Cyprus Statistical Service (Cystat) released a report this week revealing a notable upturn of 6.7 per cent in industrial business activities during the first nine months of 2023, compared to the ...

Alphabet (GOOGL.O) on Wednesday introduced its most advanced artificial intelligence model, a technology capable of crunching different forms of information such as video, audio and text. Called Gemini, the ...

Britain’s construction sector activity fell sharply for a third month in a row in November, led by an ongoing slump in house-building as it bears the brunt of higher ...

The Cyprus Committee of Financial Literacy and Education convened for the first time at the Central Bank of Cyprus (CBC) on Tuesday, December 5, according to a statement released on Wednesday. ...

Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...

National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels International Airport, in what is being described as a significant move to boost ...

European stocks are set for a bullish start if they follow the Asia-Pacific lead, buoyed by a drop in bond yields on deepening confidence that the major central banks’ tightening ...

UK investors pulled money from real estate funds for the second month running in November, but sentiment towards equity and fixed-income funds improved, fund network Calastone said on Wednesday. Investors ...

Amazon’s (AMZN.O) streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February next year, due to high operating costs and network fees. “...

The lending interest rate for home purchases hit 4.91 per cent in October 2023, according to the Central Bank of Cyprus’ (CBC) latest Monetary and Financial Statistics report. At the same time, ...

The Bank of Cyprus has clinched the coveted title of “Bank of the Year” in Cyprus for 2023, bestowed by The Banker, a prominent global publication specialising in the banking and ...

Activity in Britain’s services sector grew in November after three months of declines, a survey showed on Tuesday, but companies reported an uptick in prices charged, a potential concern ...

Barclays (BARC.L) shares opened 4.5 per cent lower on Tuesday after one of the bank’s largest shareholders Qatar Holding moved to sell around 510 million pounds ($644 million) of its stock, ...

Ukrainian aerospace group Motor Sich has little to show so far for a wartime effort to woo potential partners in the West, as it seeks new direction after it lost ...

Cyprus’ dynamic research and innovation scene had a strong showing at this year’s SLUSH 2023, an innovation-driven startup event held in the heart of Helsinki every year. The event attracted ...

The number of registered unemployed individuals in Cyprus decreased to 12,662 by the end of November 2023, according to a report released by the Cyprus Statistical Service (Cystat) on Tuesday. The Statistical ...

British grocery inflation slowed again in November, while the rise in the cost of a traditional Christmas dinner is tracking well below the headline rate, industry data showed on Tuesday. ...