More searing temperatures fuelled wildfires and prompted health warnings across Europe on Wednesday, as a blaze in Turkey forced the…
UK’s handling of Microsoft deal sows doubts over post-Brexit direction
The long-running battle between Microsoft MSFT.O and Britain over the Activision Blizzard ATVI.O deal took another twist on Tuesday, raising more questions than answers…
Bonus freedom to pay paltry ‘Brexit dividend’ for Britain’s banks
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to…
Annual inflation in Cyprus, EU records notable drop
In July 2023, Cyprus saw a decline in its annual inflation rate, dropping to 2.4% from 2.8% in June 2023…
August hotel bookings around 95%, says hoteliers president
The ongoing tourist season is going well and booking rates are high, President of the Cyprus Hotels Association (PASYXE) Thanos…
US warns space companies about foreign spying
U.S. counterintelligence agencies on Friday warned the American space industry to guard against efforts by foreign intelligence entities to steal…
Neo Plaza outlet mall put up for auction
The Neo Plaza outlet mall in Kokkinotrimithia has been put up for auction, according to Insider. The reserved sale price…
H&M says it will “phase out” sourcing from Myanmar after abuse reports
The world’s second-biggest fashion retailer H&M HMb.ST has decided to gradually stop sourcing from Myanmar, it told Reuters on Thursday,…
Unemployment in Cyprus drops but cost of benefits still high
The unemployment rate in Cyprus may continue to be low but the cost of offered benefits remains more or less…
Italy shocks banks with 40% windfall tax for 2023
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off…