#business

“Fortnite” maker Epic Games won a major antitrust trial against Alphabet’s Google (GOOGL.O) in San Francisco, persuading a federal jury on Monday that some of the technology giant’...

A federal judge in Virginia has rejected cybersecurity company Centripetal Networks’ patent infringement claims against Cisco Systems (CSCO.O) in a multi-billion-dollar fight over network-security technology. A different judge in ...

The European Central Bank opted to keep interest rates stable on Thursday and hinted at an impending conclusion to its final bond purchase programme. This move marks the conclusion of ...

Hellenic Bank this week announced that its wealth and investment services division hosted a forum aimed at understanding the challenges and trends shaping the investment landscape, in an effort to ...

The number of job vacancies surged by 3,100 positions, marking a substantial 33.8 per cent increase during the third quarter of 2023, reaching a total of 12,274, compared to the same quarter in the ...

The Cyprus Association of Travel Agents (ACTA) this week announced its new administrative council for the term 2023-2026, appointing Harris Papacharalambous as the new president. In a statement released following ...

Public sector employment in Cyprus experienced a notable fluctuation during the third quarter of 2023, with an increase of 1,878 individuals compared to the same period in 2022, according to a report released ...

Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast (CMCSA.O) and Walt ...

Warner Bros Discovery (WBD.O) said on Tuesday that music streaming giant Spotify (SPOT.N) would host the media conglomerate’s podcasts as part of its monetization drive. Spotify’s ...

National flag carrier Cyprus Airways this week announced that despite prevailing geo-political tensions in the Middle East, it still managed to record a growth in revenue in November 2023. According to ...

Companies in Britain’s services sector saw another pick-up in growth this month, suggesting the economy can avoid a recession for now at least, according to a survey published a ...

The best performing hedge funds are falling victim to their own success as institutional investors such as pension funds and university endowments cut back their most profitable positions to make ...

The Republic of Cyprus on Friday announced that its financial needs for the upcoming year amount to €1.3 billion, with the majority of that sum covered by an international issuance totalling €1 ...

Ratings agency S&P Global this week announced a one-notch upgrade in the long-term credit rating of the Bank of Cyprus (BoC) to “BB” from “BB-,” with a positive ...

Cyprus’ Research and Innovation Foundation (RIF) on Thursday announced the launch of a new programme, aimed at introducing specialised, scientific talent to Cypriot businesses, with the ultimate objective being to ...

Consulting and advisory firm PwC Cyprus on Thursday announced that it recently hosted an ACA Award Ceremony at its Experience Centre. According to the announcement, the event recognised the academic ...

Britain’s property market saw some recovery in November as a surge in mortgage rates eased, but surveyors remain cautious about the year ahead, an industry survey showed on Thursday, ...

Coinbase (COIN.O) will start offering spot crypto trading services on its international exchange from Thursday, the company said, as it expands beyond the US. Spot trading on the international ...

The European Banking Authority (EBA) released its annual assessment of European banking risks this week, revealing the ranking of Cypriot banks concerning interest payments on household deposits and their capital ...

Cyprus’ banking system witnessed a further decline in non-performing loans (NPLs) at the end of September 2023, dropping to €2.02 billion from €2.08 billion in August, reflecting an ongoing trend of improvement, according ...

The Bank of England looks set to keep interest rates at a 15-year high later on Thursday, but investors are most focused on whether policymakers will push back against growing ...

Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility. Benchmark Brent averaged around $80 a barrel this ...

Limassol’s striking new business hub invites prospective moguls on an immersive experience, to explore its game-changing elevated workspaces Neocleous Tower is a modern, sustainable, office building in central Limassol, ...

The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while trying to temper speculation about imminent interest rate ...