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Category: Business

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Energy prices in Cyprus too high to support economic development, Minister says

The energy sector in Cyprus is grappling with significant challenges as the cost of electricity is around three times higher…

Kapnos Airport Shuttle announces student tickets for Paphos

Kapnos Airport Shuttle on Wednesday announced that it is launching cheaper tickets for students to and from Paphos Airport, from…

Scorched Europe battles deadly fires, Turkey shuts shipping lane

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,…

Posts pagination

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  • Father charged over deaths of two boys in Xylofagou car
  • Couple arrested after climbing Empire State building to get engaged — “We are just artists”
  • Cyprus inflation hits 4% in June, among EU’s highest
  • On this day: U.S. President Johnson signed the Civil Rights Act in 1964, prohibiting racial discrimination
  • Cyprus appoints five investigators for Mafia State probe
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  • Global ballet stars ready to grace Kourion
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