Tesla has consistently stood at the forefront of electrification, autonomy, and futuristic design, with its Cybertruck emerging as one of the products that are redefining conventional perceptions of a pickup truck. With
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
Tapestry, Inc. announced it had reached a definitive agreement to acquire luxury fashion group Capri Holdings Limited, the parent company of Michael Kors (USA), for approximately $8.5 bln in an all-cash deal.
A significant increase of 12.6% was recorded in the first quarter of 2023 in the assets under management of the Cypriot Investment Funds, compared to 2022, says the Cyprus Investment Funds Association
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
Commissioner for State Aid Control Stella Michaelidou suggested Cyprus could adopt the French subsidy scheme for small and medium-sized enterprises (SMEs) impacted by the Ukraine war the European Commission approved. In her
Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by European Central Bank interest rate hikes to tackle soaring inflation. According to
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
