#BusinessPick

The Central Bank of Cyprus (CBC) on Monday released a report revealing that a total of 33 bounced cheques, valued at €60,851, were issued in November 2023. This has led to the registration ...

Cyprus witnessed a remarkable 58.5 per cent surge in total registrations of motor vehicles in November 2023, compared to the same month of the previous year, while also marking an annual increase ...

The unemployment rate in Cyprus plunged to its lowest level in 53 quarters, settling at 5.8 per cent of the labour force in the third quarter of 2023, marking a significant decline, according ...

The Cyprus Institute of Labour, associated with the Pancyprian Federation of Labour (Peo), released a comprehensive report on Monday, delving into the economic and employment landscape for 2023. The findings of ...

The European Central Bank’s continual balance sheet offloading in its battle against inflation has kept the value of Cypriot bonds held within the Eurosystem at €6.75 billion, according to a ...

Oil prices rose on Monday, extending gains for a second session as US efforts to replenish strategic reserves provided some support, although concerns of crude oversupply and softer fuel demand ...

Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain’s M&G Investments (MNG.L) has led a $30 million second round of funding ...

Quality Street maker Nestle and Cadbury owner Mondelez (MDLZ.O) are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts. Shoppers hit ...

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s (REP.MC) 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they ...

Toyota Motor (7203.T) said this week it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more ...

Nvidia (NVDA.O) CEO Jensen Huang said this week that his company would do its best to supply its artificial intelligence processors to Japan amid extremely high market demand. Japan ...

Marijuana shows promise in treating illnesses ranging from depression and addiction to arthritis and epilepsy. By Vittoria D’Alessio Callie Seaman was 16 when she started smoking cannabis to control her ...

Eleftheria Voskaridou, the CEO of Blackbook Agency Ltd., has been a transformative force in Marketing and Communication, particularly in real estate and land development, and destinations targeting high-net-worth individuals. Her ...

Approximately 8 out of 10 businesses in Cyprus (79.9 per cent) with 10 or more employees have embraced social media networks as a part of their operational strategy, according to a report by the ...

How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence. In that spirit, I asked OpenAI’s ChatGPT and ...

A group representing 83 Spanish media outlets this week said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms (META.O), citing unfair competition in the advertising ...

Japanese electronic parts maker TDK Corp (6762.T) will manufacture lithium ion (li-ion) battery cells for Apple (AAPL.O) iPhones in India, a minister said earlier this week. Apple has been ...

The adoption of circular economy practices by Cypriot hotels is essential for bolstering the competitiveness and resilience of Cyprus’ tourism sector, stated Deputy Minister of Tourism Kostas Koumis. Moreover, Koumis ...

The Cyprus Shipping Chamber this week expressed deep concern over recent assaults by paramilitary forces in Yemen on commercial vessels passing through the Red Sea and the Gulf of Aden. ...

Cyprus experienced a significant deceleration in inflation in November 2023, dropping to 1.7 per cent compared to the previous November, marking the lowest rate in the past three months. This decrease was ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, and the Cyprus-Austria Business Association, organised a business mission, forum, and networking ...

The Republic of Cyprus and France are set to sign a significant agreement on Monday in Nicosia, in an effort to eradicate double taxation concerns and bolster measures against tax ...

The Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks signal that they might ...

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, ...