#business

Artificial Intelligence is no longer a distant concept but a powerful reality shaping every sector of the global economy, including shipping, according to Christina Orphanidou, director of AI and data ...

The Cyprus Employers and Industrialists Federation (Oev) has outlined what it considers to be the key challenges and priorities for the Cypriot economy, ahead of its annual general meeting on ...

Hellenic Bank on Monday announced that its board of directors will convene on Wednesday, May 7, 2025 to examine, among other things, the financial results of the group for the first quarter ...

Nuclear energy continues to play a critical role in the European Union’s energy mix, covering approximately 22.8 per cent of total electricity generation, according to former chairman of the Cyprus ...

Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world’s largest auto market. Unlike many other major markets, China treats ...

During his first earnings conference call with analysts as Intel’s new CEO, Lip-Bu Tan outlined how Intel (INTC.O) hopes to change that, but warned, “This is not a ...

Global trade tensions sparked by US President Donald Trump’s tariffs have hurt UK business sentiment and will slow economic growth, according to a Reuters poll of economists who stuck ...

Turkey’s central bank is expected to restart its easing cycle from the current 46 per cent by the end of the second quarter, with interest rate cuts likely to continue ...

The future of urban mobility is near. EU-backed trials of driverless cars in public transport could make Europe’s city centres affordable, cleaner, safer, more efficient, inclusive and fair. By ...

Here are the top business stories in Cyprus from the week starting April 21: Workplace equality, support for vulnerable groups, and social enterprises are becoming key priorities under ESG’s social ...

Economic gains from artificial intelligence will boost global output by around 0.5 per cent a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to ...

Firms that self-report suspected wrongdoing to Britain’s Serious Fraud Office (SFO) and co-operate with investigators will get a chance to avoid prosecution, according to guidance published by the SFO. ...

Amazon.com (AMZN.O) has paused some data center lease talks for its cloud division, particularly in overseas markets, suggesting a short-term slowdown in leasing for large-scale facilities, Wells Fargo ...

Writing an opinion piece makes you realise that actual change does not come about from well-meaning people analysing problems and coming up with good ideas. Change, rather, is usually the ...

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the ...

British companies buckled in April under the strain of an escalating global trade war that threatens to tip the economy into a new downturn, a survey has shown. The S&...

OpenAI would be interested in buying Google’s Chrome if antitrust enforcers are successful in forcing the Alphabet (GOOGL.O) unit to sell the popular web browser as part of ...

A US appeals court has revived a proposed data privacy class action against Shopify (SHOP.TO), a decision that could make it easier for American courts to assert jurisdiction over ...

Wall Street brokerages earlier this week began coverage of Nvidia-backed CoreWeave (CRWV.O) with broadly bullish views, although the stock has failed to gain traction with investors following a lackluster ...

Turkish inflation expectations edged up in April for businesses and market participants, and remained steady at 59.3 per cent in 12 months time for households, the central bank said on Friday, reflecting ...

The Central Bank of Cyprus (CBC) on Friday announced that the reference interest rate for loan transactions has been set at 11.42 per cent. This reference rate serves as a legal ...

The Republic of Cyprus significantly narrowed its fiscal deficit in the fourth quarter of 2024, according to preliminary figures published by the Cyprus Statistical Service (Cystat) on Friday. The general government ...

Logicom Public Ltd has announced that its board of directors has approved the company’s annual financial report for the year 2024. This includes the group’s and the parent company’...

The Bank of Cyprus Holdings Public Limited Company announced on Friday that it has repurchased a total of 227,383 of its own ordinary shares between April 17 and April 24, 2025, as part of ...