European shares extended gains on Wednesday as a lower inflation reading from France, the euro zone’s second-biggest economy, and better-than-expected…
Unemployment rose to year-high in December
December was the month with the highest number of registered unemployed persons in 2022, according to District Labour Offices data.…
Turkey announces cheaper mortgages in latest Erdogan election push
Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy new housing, Turkish…
Dollar jumps to two-week high, euro slides
The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the…
Tourists from Switzerland, USA, Norway and Austria spent the most
Tourists from Switzerland, USA, Norway and Austria spent the most per capita during their holidays in Cyprus in October, with…
European shares start 2023 on upbeat note on encouraging factory data
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,…