The Bank of Cyprus on Friday outlined a range of initiatives designed to ease the financial strain on customers in the face of market interest rate volatility. In its announcement, the bank detailed key measures such as interest rate reductions and a customer rewards programme, aimed at reducing loan servicing costs to borrowers. “We have […] Courtesy of Cyprus Mail | News…
Google (GOOGL.O) has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing the funding on Monday, the tech giant said it had opened applications for social enterprises and nonprofits that could help reach those most likely to benefit from training. The… Courtesy of Cyprus Mail | News…
Toy makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro (HAS.O) approached Indian durable goods and aerospace supplier Aequs to sub-contract. “They said if you can get into toy manufacturing, now we’re looking… Courtesy of Cyprus Mail | News…
Cyprus will on Friday submit a formal request for the second and third tranche of payments from the EU’s Recovery and Resilience Facility (RRF) which once granted will bring payments up to €400 million to date, an official with the finance ministry said on Thursday. “We are just hours away… Courtesy of Cyprus Mail | News…
Cypriot President Nikos Christodoulides on Thursday evening underscored the pivotal role of technology and innovation in the country’s governance programme and economic vision. “The government is implementing specific actions for the branding of Cyprus in order to enhance the country’s appeal to investors and professionals,” the president said. President Christodoulides… Courtesy of Cyprus Mail | News…