President Christodoulides reiterated his promise to set up a register of artists recognising the labour rights of cultural workers. In…
UBS faces investors after shotgun Credit Suisse takeover
UBS Group AG UBSG.S will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG CSGN.S in the…
Who are the 8 Cypriots on Forbes’ billionaires list?
A total of eight people with Cypriot citizenship are on Forbes magazine’s “The World’s Billionaires” list for 2023. From EasyJet…
Larnaca to get 50km cycling network, improved public transport through multimillion project
Larnaca will acquire a 50-kilometre-long cycling network by the end of 2026, the Larnaca municipality announced on Tuesday. The project…
KEAN group changes hands after 74 years of successful presence in Cyprus
After 74 years of successful presence in Cyprus Limassol-based KEAN group of companies with a strong portfolio of top-quality food…
Branson’s Virgin Orbit files for bankruptcy
Richard Branson’s Virgin Orbit Holdings VORB.O filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to…
Deposit interest rates in Cyprus still among euro zone’s lowest
Banks in Cyprus are expected to start raising deposit rates, even if only gradually, in a bid to reduce a…
OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per…
Cyprus-Israel-Greece Foreign Ministers underline importance of energy cooperation
The Foreign Ministers of Cyprus, Greece and Israel stressed the importance of trilateral cooperation on energy, following their meeting in…
Unemployment in Cyprus at 7.3%, Eurostat figures show
Cyprus’ seasonally-adjusted unemployment rate fell slightly to 7.3% in February 2023 (from 7.4% in January), but increased compared with February…