The Mighty Kitchen, a Cypriot start-up won the IFE’s Big Business Break competition. According to a press release by Mighty…
Average gross wages up by 5.9% in fourth quarter of 2022
Average gross monthly earnings of employees in the fourth quarter of 2022 rose to €2,546 compared to €2,404 in the…
Britain to join trans-Pacific trade pact
Britain on Friday said it had struck a deal to join an 11-country trans-Pacific trade pact which includes Japan and…
What are credit default swaps and why are they causing trouble for Europe’s banks?
Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse CSGN.S and runs on regional banks in the U.S.…
Ayia Napa makes opening to Polish market, expects rise in arrivals
Hospitality stakeholders in Ayia Napa are making efforts to attract more tourists from Poland, Ayia Napa mayor Christos Zanettou told…
EU reaches deal on higher renewable energy share by 2030
The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important pillar of the bloc’s…
Portugal’s rents hit record high amid cost of living crisis
Housing rents in Portugal jumped nearly 11% to a record high in the last quarter of 2022, official data showed…
Biden to give democratic countries more more funds despite questions over effectiveness
U.S. President Joe Biden will announce new funding to bolster democracies around the world on Wednesday amid criticism his administration…
Musk, experts urge pause on AI systems, citing ‘risks to society’
Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing…
Russia says it has rerouted all oil exports hit by Western embargo
Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to “friendly” countries, Energy Minister…