Interest from Gulf States in Cyprus’ Natural GasEnergy companies from Gulf nations are keen to explore natural gas resources off the southern coast of Cyprus. President Nikos Christodoulides announced this…
Category: Business
AI Technology Poses Risks to Global Financial Stability, Experts Warn
AI’s Dual Nature in Finance International standard-setters are sounding alarms about the risks associated with artificial intelligence (AI) in the financial sector. The Financial Stability Board (FSB) highlighted the potential…
Bluesky Gains Momentum: One Million New Users Since US Election
Surge in User Growth Bluesky, the emerging social media platform, has attracted one million new users following the recent US presidential election. This influx comes as many users from Elon…
Irish Regulator Urges TikTok, X, and Meta to Combat Terrorist Content
Irish Regulator’s Directive The Irish media regulator, Coimisiún na Meán, has taken a firm stand against the dissemination of terrorist content on major online platforms, including TikTok, X, and Meta.…
Deteriorating Forecast for EU Battery-Electric Vehicle Market by 2025
Declining Market Share Poses Challenges to Emission Goals The European Union (EU) faces a troubling outlook for the battery-electric vehicle (BEV) market in 2025. S&P Global has projected that the…
EU Accepts Bid for Sovereign Satellite Mega-Constellation Project
A New Era for European Internet Connectivity The European Union (EU) has moved forward with plans to establish its own sovereign internet mega-constellation by accepting a bid from the SpaceRISE…
Microsoft Expands Its Workforce with 550 New Engineering Jobs in Dublin
New Opportunities in Engineering and R&D Microsoft has announced plans to create 550 new positions in engineering and research and development at its Dublin office over the next three to…
Schiphol Airport Plans a Significant Fee Hike for Airlines
Major Fee Increase on the Horizon Amsterdam’s Schiphol Airport is preparing to implement a remarkable fee increase of 41% for airlines in the upcoming year. This decision, announced by the…
UBS Surpasses Expectations with Impressive Profit Surge
Robust Quarterly Earnings Report Swiss banking giant UBS AG has just released its third-quarter financial results, revealing a remarkable net income of $1.4 billion (€1.3 billion). This figure is nearly…
Trump Warns EU of Major Costs in Trade After Election
A Bold Statement to Europe Donald Trump, the Republican candidate for the U.S. presidency, delivered a striking message to the European Union during a campaign rally in Pennsylvania. He asserted…