European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst…
The 15 Most Expensive Michelin-starred Restaurants in the World
Chef’s Pencil, an international food magazine and online resource for chefs of all skill levels, recently conducted a study to…
Economic weakness set to weigh on oil price in 2023
Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China…
Britain’s renewable power hits new peak, fossil fuel also rises
Renewable power sources generated 40% of Britain’s electricity in 2022, up from 35% in 2021, while the share of fossil…
Small decrease in total bank deposits in November
Deposits in banks in Cyprus registered a small decline in November following three months of increase, dropping to €51.7 billion,…
EU health officials seek joint stance on measures towards China
The European Union’s Health Security Committee called an urgent meeting in Brussels on Thursday to coordinate the bloc’s response to…
Decree on minimum initial monthly gross salary in effect in Cyprus on Jan 1 but still vague
As of 1st of January 2023 the decree which sets the minimum initial monthly gross salary to €885 for every…
Second phase of electric vehicle subsidy scheme announced
The Transport Ministry on Wednesday announced the second phase of the scheme subsidising the purchase of electric vehicles. The scheme…
Russian rouble falls to 70 vs dollar as sanctions weigh
The Russian rouble weakened on Tuesday, struggling to consolidate a slight recovery from last week’s slide as the market comes…
Soft drinks production plant costing €12 million to be built in Ypsonas
The largest beverage company based in neighboring Lebanon, Kassatly Group Holding, has started construction work on a new factory in…