Google Pay solution, the mobile payments app introduced in 2020, has recorded a 91% increase in the number of merchants using its platform in the last two years, according to a survey by
Cyprus Airways said in October it operated 310 flights increasing 169% from last year, carrying 36,991 passengers, up 391% annually, while improving its seat load factor by 24%. “These results are also
Short video-sharing platform TikTok now ranks among the social media apps generating the highest revenue, building on its recent global success. Data suggests that TikTok’s revenue also highlights the app’s position as
US private equity firm Lone Star seems to have abandoned its interest in local lender Bank of Cyprus and will not be submitting a fourth takeover bid by Friday. LSF XI Investments
Hellenic Bank saw its profits increase in the first half of 2022 to €55.4 mln, from €21 mln in the same period last year, reducing its non-performing loans further, and sticking to
A fresh attempt by US private equity firm Lone Star at a fourth takeover bid for Bank of Cyprus will also be shot down by the institution’s shareholders and the island’s financial
Over the years, tech giant Amazon has acquired or invested in more than a hundred companies, helping diversify its core revenue and moving deeper into several sectors. After the company announced it’s
Tesla’s (NASDAQ: TSLA) reign as the leading global electric vehicle manufacturer is reflected in the company’s other related segments, such as supercharger stations. Notably, the company has recorded increased installation of supercharger
Apple’s gross margin declined to 35.9% in the third quarter of 2022, marking a significant drop from the company’s 43.8% gross margin in the previous quarter, market data has shown. Gross margin
S&P Global Ratings raised its long-term issuer credit rating on Bank of Cyprus to BB- from B+, citing improvements in its asset quality and easing of economic risks. The upgrade of the
