Tesla, a prominent manufacturer, has seen its dominating position challenged as China’s BYD has now taken the lead in terms of electric vehicle (EV) sales volume, nearing the 200,000 monthly mark. Competition
Cyprus Airways announced it carried 70% more passengers in July (77,656), than last year (45,578). Last month, the Larnaca-based carrier operated 548 scheduled flights (July ’22: 337 flights) and registered a similar
New major investment plans in Cyprus are underway by the largest hospitality organisation in Israel and one of the fastest-growing hotel groups – with 270 hotels in 117 destinations. It is now
Kyndryl, the world’s largest IT infrastructure services provider, and CNP Cyprus, the leading insurance group, announced a five-year agreement renewal. The company will transform CNP Cyprus’ IT infrastructure into a hybrid cloud
Leading lender, Bank of Cyprus posted after-tax profits of €220 mln for the first half of 2023, highlighting its robust profitability, a significant leap from the €43 mln recorded last year. Some
Cyprus Airways Wednesday operated the first commercial flight from Larnaca with its new flagship aircraft in its fleet, the Airbus A220. The flight (CY310) flew to the Greek capital, Athens, the most
After becoming the fastest-growing social media platform and reaching 100 mln users twelve times faster than ChatGPT and 55 times faster than TikTok, Meta’s Threads has seen its user growth significantly slow
Meta has shattered all expectations for its second quarter earnings, surpassing Wall Street projections by an impressive $1 billion, according to StockApps.com. The Facebook parent has once again proven its dominance in the
Primetel’s new owners, Signal Capital Partners, have reassured the telecoms regulator that after going into administration, the company will continue to serve its 200,000-customer base. The telecom’s management and representatives of Signal
Telecommunication company Primetel has announced that Signal Capital Partners, a London-based private equity fund, is set to acquire the Cypriot firm after it was placed under administration. According to a Primetel statement,
