#business

Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much higher it needs ...

Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine,” ...

The third Reach Incubator open call is now open for applications and looking for companies and startups who work with Big Data. Startups and SMEs from Cyprus and other European ...

Microsoft Corp (MSFT.O) said on Wednesday it was investigating a networking issue that impacted multiple services including Teams and Outlook, with outage reports saying the platforms were down for ...

Cyprus Seeds celebrated 5 years of scientific innovation and showcased their important non-profit work Cyprus Seeds and Eurobank Cyprus celebrated the completion of five years of continuous support, aimed at strengthening ...

Younger employees don’t ascribe to traditional job descriptions, want more flexibility, and want organisations to match their own values. Deloitte Cyprus consulting services leader George Pantelides on Tuesday highlighted ...

Shipping Deputy Minister Vassilios Demetriades this week welcomed the decision by cruise line Royal Caribbean to open an office for their group in Cyprus, saying that this decision is proof ...

A European recession looked like a no-brainer just a few weeks ago, but that picture has changed dramatically, and investors have started pouring money into the region’s stocks, currency ...

European Union lawmakers backed a draft law on Tuesday to implement the final leg of post-financial global bank capital rules, adding “prohibitive” requirements to cover risks from cryptoassets. The European ...

The Cyprus Fiscal Council on Tuesday said that decisions in the vein of the foreclosure suspension ultimately exclude the most financially vulnerable social groups from being able to get a ...

Elon Musk told jurors on Monday he was sure he had locked up financial support from Saudi investors in 2018 to take his electric car maker Tesla Inc (TSLA.O) private, ...

Ford Motor Co (F.N) plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany’s IG Metall union said on ...

Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022 as oil revenues take a hit from an expected mild global slowdown, according ...

Qatar’s sovereign wealth fund has increased its stake in Credit Suisse (CSGN.S) to just under 7 per cent, becoming the Swiss bank’s second-largest shareholder after Saudi National Bank, ...

Microsoft Corp (MSFT.O) on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more ...

Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc (TSLA.O) private, as he defended against claims he defrauded ...

European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ...

Spotify Technology SA (SPOT.N) said on Monday it plans to cut 6 per cent of its workforce and would take a related charge of up to nearly $50 million, adding to ...

Netflix Inc’s (NFLX.O) steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, ...

Tide detergent maker Procter & Gamble Co (PG.N) raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, ...

As Europe strives to become the first climate-neutral continent by 2050, Turku and Dijon are among a group of cities seeking to reach this goal two decades earlier. By Gareth Willmer ...

Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. CNBC on Friday reported that Twitter’s full-time headcount has reduced to about 1,300 active, working employees, ...

Global cybersecurity spending, including enterprise products and services, is projected to increase by 13.2 per cent in 2023, remaining a key area of growth for various businesses in this sector, according to ...

Top advertisers on Twitter slashed their spending after Elon Musk’s takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company’s ...