#business

Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Ford Motor Co (...

The Association of Cyprus Tourist Enterprises (Stek) on Thursday issued a warning against the dangers posed by short-term rentals, saying that the rapid expansion of such practices in Cyprus needs ...

Unemployment in Cyprus rose by 1.9 per cent year-on-year in October, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). According to the report, based on the ...

Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the ...

Robinhood Inc (HOOD.O) posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited from rising interest rates, while increased volatility in the markets helped ...

Microsoft Corp (MSFT.O) said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia’s invasion of the country drags on. Microsoft said it ...

The Bank of England raised interest rates to 3 per cent on Thursday from 2.25 per cent, its biggest rate rise since 1989 as it warned of a “very challenging” outlook for the ...

The Bank of Canada on Wednesday said it would take a flexible, risk-based approach in its nascent role as a digital payment regulator, aiming to ensure confidence in the safety ...

The Bank of England looks on track to raise interest rates by three quarters of a percentage point to 3 per cent later on Thursday, its biggest rate rise since 1989 as ...

Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture, but that its business ...

Meta Platforms (META.O) on Wednesday said it was adding a host of new features to Instagram, including a tool to trade digital collectibles, in a move that will help ...

The Paphos tourism board (Etap) and Paphos hoteliers association (Pasyxe) this week held a joint event in which they presented the final results of the district’s digital campaign to ...

Non-performing loans (NPLs) in Cyprus fell by a total of €30 million in August, with the percentage of NPLs against total loans standing at 10.9 per cent, down from 11 per cent during ...

Chipmaker Advanced Micro Devices Inc (AMD.O) snatched more share in the lucrative data centre market from rival Intel Corp (INTC.O) in the third quarter, drawing praise from analysts ...

Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability, Microsoft Corp’s (MSFT.O) President Brad Smith told Reuters. Speaking ...

Medical device makers and scientists are working on new technologies to improve widely-used devices that assess potential heart and respiratory problems given mounting evidence that current ones could lead to ...

One of South Africa’s largest grocery retailers Pick n Pay (PIKJ.J) is expanding a pilot of adding cryptocurrency as a payment option to more stores after the successful ...

Cyprus’ recorded a general government surplus of €587 million, 2.2 per cent of GDP, during the first nine months of 2022, compared to a deficit of €453.3 million, 1.9 per cent of GDP, in the ...

For US online trading companies an often-overlooked financial metric could act as a bulwark against softening demand in the third quarter, according to analysts. The US Federal Reserve’s rate ...

Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering – demand for natural gas and electricity both fell in the past quarter. ...

Oil prices rose on Wednesday after industry data showed a surprise drop in US crude stocks, suggesting demand is holding up despite steep interest rate hikes dampening global growth. Brent ...

The Qatar Investment Authority plans to raise its stake in Swiss lender Credit Suisse Group AG (CSGN.S) by investing in a share sale alongside the Saudi National Bank (1180.SE), ...

The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035, US Secretary of State ...

Tourism revenue in Cyprus reached €399.7 million in August 2022, compared to €272.5 million recorded in August 2021, marking an increase of 46.7 per cent, according to a report released this week by the Cyprus ...