A crucial element that instils greater optimism in Paphos for this year’s tourist season is the significant increase in traffic…
Companies urged to register beneficial owners
The Companies and Intellectual Property Commissioner, through an announcement, has urged all companies established or registered under the Companies Law,…
Dialogue on foreign labour to continue amidst disputes
The dispute between trade unions and employer organizations regarding the employment strategy of foreign labor continued yesterday, in the presence…
Turkish central bank raises credit card cash withdrawal rates
Turkey’s central bank on Saturday raised the maximum interest rate on credit card cash withdrawals to 5% from 4.42%, according…
Drought devastates crops
Reduced rainfall, combined with the recent sunny days, have scorched and destroyed cereal crops in farming communities of West Nicosia.…
Microsoft singles out Google’s competitive edge in generative AI
Alphabet GOOGL.O unit Google enjoys a competitive edge in generative artificial intelligence due to its trove of data and AI-optimised…
Volatile bitcoin falls from record high as crypto frenzy hits pause
Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a…
Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank
Japan’s biggest companies agreed to raise wages by 5.28% for 2024, the heftiest pay hikes in 33 years, the country’s…
McDonald’s suffers global tech outage, rules out cybersecurity incident
McDonald’s MCD.Nsaid on Friday a technology outage had disrupted operations at many of its outlets worldwide, including Japan and Australia,…
Paphos tourism from Central Europe on the rise in 2024
Tourism from Central Europe to Paphos is expected to continue to grow in 2024, according to figures from the first…