BDO Survey: Election Year Fosters Concerns for Tax Leaders

BDO Survey: Election Year Fosters Concerns for Tax Leaders

While more strategic tax leaders are most concerned that the 2024 election will result in changes to certain Inflation Reduction Act renewable energy credits, tax tacticians are most concerned about changes to federal corporate tax rates, according to a new survey from top six accounting firm BDO USA. BDO’s 2024 Tax Strategist Survey, which was released … Read more

Tax leaders worried about election results

Tax leaders worried about election results

Strategic tax leaders are especially concerned the November U.S. presidential election will lead to changes to certain Inflation Reduction Act renewable energy credits, while tax tacticians are most concerned about changes to federal corporate tax rates, according to a new survey.The 2024 BDO Tax Strategist Survey, released Monday, pointed out that the outcome of the … Read more

Robinhood bets big on crypto with $200 million deal for Bitstamp

Robinhood bets big on crypto with $200 million deal for Bitstamp

Trading platform Robinhood Markets (HOOD.O) said on Thursday it has agreed to buy crypto exchange Bitstamp for about $200 million in cash, speeding up a broader push into digital assets with its biggest-ever deal.Robinhood, whose shares were up 3.4 per cent before the bell, has been looking to expand its product offerings to become a … Read more

RIF drives innovation forward at Reflect Festival

RIF drives innovation forward at Reflect Festival

The Cyprus Research and Innovation Foundation (RIF) supports startups and scaleups that have introduced innovative products and services, secured funding from business angels and venture capital firms, and expanded their reach internationally.

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD launched the fifth generation of its plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on depleted batteries.

Chief Scientist highlights AI, ’s impact on data monetisation strategies at CING

Chief Scientist highlights AI, ’s impact on data monetisation strategies at CING

Demetris Skourides visited the Cyprus Institute of Neurology and Genetics (CING) and praised the Department of Bioinformatics (C-BIG) for its expertise and diverse specializations.

Nvidia earnings will be stellar, no major impact

Nvidia earnings will be stellar, no major impact

Nvidia is set to report its earnings, with the CEO of a financial advisory predicting a more muted share price movement compared to previous quarters. Nvidia’s dominance in the AI sector and strong demand for its GPUs have fueled its growth. The company’s market value is approximately .3 trillion, making it the third-largest company on Wall Street. Nvidia’s GPUs are critical for AI and machine learning applications, driving its dominance in the industry. The global AI market is expected to grow significantly in the coming years, with companies leveraging AI technologies gaining a competitive edge. Investors should consider exposure to Nvidia and the broader AI ecosystem for long-term growth opportunities.

Google invests 1 billion euros in Finnish data centre to drive AI growth

Google invests 1 billion euros in Finnish data centre to drive AI growth

Google, owned by Alphabet, will invest 1 billion euros into expanding its data centre campus in Finland to support the growth of its artificial intelligence business in Europe.

Opinion: Let’s follow the Irish on productivity

Opinion: Let’s follow the Irish on productivity

The fact described in the text is that low corporate taxes and friendly regulation fueled the rapid growth that made Ireland a productivity leader.

Young people purchasing an apartment is nowadays a utopia

Young people purchasing an apartment is nowadays a utopia

The real estate market in Cyprus has seen rapid growth due to the arrival of foreign companies, making it difficult for Cypriots to find affordable housing. High rent and property prices, combined with low average salaries, pose a significant challenge for young couples and individuals from middle or low-income groups. The need for substantial deposits and strict bank requirements further limit access to housing loans. Efforts are being made to address these issues, including potential changes in the terms and conditions of social housing programs to help more people acquire housing.