#business

This is the first deal announced by Zubr Capital after the launch of Fund II, its new investment fund, in 2022. A large investment of $13 million went to Oro, a well–...

A lack of availability in fresh produce categories weighed on sales growth at British supermarkets in the four weeks to Feb. 25, industry data showed on Tuesday. Britons have been grappling ...

Microsoft Corp (MSFT.O) on Monday bundled the technology behind ChatGPT with its Power Platform that allows users to develop applications with little or no coding, the latest integration of ...

The University of Cyprus on Monday announced the launch of a new project, in which it will link with foreign organisations, aiming to stimulate excellence and innovation capacity at the ...

Household deposit and lending rates in Cyprus experienced a slight decrease in January 2023, while the corresponding rates for non-financial companies increased, according to a report by the Central Bank of ...

The inflation rate in Cyprus reached 6.7 per cent in February 2023, with the Consumer Price Index increasing by 0.87 points to 112.88 points, compared to 112.01 points in January 2023, according to a report by ...

Costa Coffee has followed rival Pret A Manger in raising pay for its British store staff for the third time in a year. The coffee and sandwich chain, a unit ...

Shares of Silvergate Capital Corp (SI.N) fell 10 per cent in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of ...

Ford Motor Co’s (F.N) push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract more customers ...

Britain said it would extend until the end of June the financial guarantee it has provided to ensure UK applicants to the Horizon Europe scientific research programme receive funding while ...

Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by US authorities as it started an American entity in 2019, the Wall ...

The US dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards a February jobs report at the end of the ...

The global smartphone market continued to dwindle in the fourth quarter of 2022, capping a poor year for the sector, with a 12 per cent contraction compared to 2021, according to a report ...

Silvergate Capital Corp (SI.N) said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank ...

Mercedes-Benz (MBGn.DE) laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and ...

Russian oil firm Rosneft’s CEO Igor Sechin met with Cuba’s President Miguel Diaz-Canel late on Saturday, the island’s leader said, amid an acute fuel shortage that has ...

Wealth management for institutional clients requires specialisation in order to deal with the tumultuous regulatory environment, as well as all new trends, challenges and opportunities, according to Eurobank Cyprus’ Menelaos ...

Melco Cyprus is fully aware of the role it can play in helping to develop the island’s tourism industry and will ensure that the country becomes a global entertainment ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that it has signed a memorandum of understanding with its Cuban counterpart, as part of the chamber’s strategy ...

Dell Technologies Inc (DELL.N) forecast current-quarter revenue and profit below Wall Street estimates on Thursday, hit by an ongoing demand slump in its PC business due to consumers and ...

Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investments led by local companies, including oil giant Aramco (2222.SE), SABIC (2010.SE) and Ma’aden (1211.SE), under a government-backed initiative, state news ...

Advisory and consulting firm PwC Cyprus on Friday released the findings of its latest CEO survey, with the overarching theme being one of pessimism and caution, particularly when contrasted with ...

Deposits and loans in Cyprus experienced a net decrease in January 2023, according to a report released this week by the Central Bank of Cyprus (CBC). Based on the report, total ...

The Institute of Certified Public Accountants of Cyprus (Selk) this week released a statement congratulating newly-elected president Nikos Christodoulides for his recent election victory. “We also extend our congratulations to ...