Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the…
European defence spending reaches all-time high 214 bln euros in 2021
European defence spending topped 200 billion euros for the first time in 2021, the European Defence Agency (EDA) said on…
Any recession is expected to be mild and short, CBC Governor tells Bloomberg forum
Any recession is expected to be mild and short, Constantinos Herodotou, Governor of the Central Bank of Cyprus said during…
New York Times union members set to walk out on Thursday after talks fail
More than 1,100 union employees at the New York Times Co NYT.N are set to walk out on Thursday for…
EU agrees law to make airlines pay more to pollute
The European Union reached a deal in the early hours of Wednesday on a law to increase the price that…
Cyprus records second largest increase in air passenger transport in EU
In 2021, the total number of passengers travelling by air in the EU was 373 million, a substantial increase of 35%…
European companies cuts jobs as economy sputters
Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here…
EU escalates WTO challenges to China over patents, Lithuania
The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the…
Tourism industry has favourable future despite challenges, Deputy Minister says
Tourism in Cyprus has a favourable future despite the challenges, Deputy Minister for Tourism Savvas Perdios said on Tuesday. Addressing…
Trump Organization found guilty of tax fraud scheme
Donald Trump’s real estate company was convicted on Tuesday of carrying out a 15-year-long criminal scheme to defraud tax authorities,…