Tourist arrivals in the period of January to November 2023 reached 3,722,022, compared to 3,091,039 during the same period in…
Israel cenbank chief urges fiscal restraint, PM says to boost defence spending
Bank of Israel Governor Amir Yaron urged government leaders and lawmakers to maintain responsible fiscal policies during the war with…
Restrictions on employment of asylum seekers hurting Cypriot economy
In a press conference today, prominent business associations representing retail, tourism, food, and leisure sectors voiced their apprehensions regarding the…
Southwest Airlines agrees to $140 million penalty over 2022 holiday meltdown
Southwest Airlines LUV.N agreed to a record-setting $140 million civil penalty over the December 2022 holiday meltdown that led to…
Russian rouble falls to near one-week low versus dollar
The Russian rouble slipped to a near one-week low to the dollar on Monday, easing after the central bank on…
Cyprus Stock Exchange closer to privatization
The Cyprus Stock Exchange (CSE) is inching closer to privatization, with the process slated to conclude no later than the…
UK to implement carbon levy on imported goods by 2027
Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries…
Festive food and fizz top Europeans’ Christmas shopping list
Supermarkets in the UK and Europe are offering more own-brand festive food from roast duck to truffle crackers as cash-strapped…
Lufthansa to resume flights to Tel Aviv, US airlines remain on hold
Lufthansa LHAG.DE will resume flights to Tel Aviv starting Jan. 8, the airline said on Friday, making it the one…
New decree to determine hike in minimum wage from January 1
Starting next week, the government will finalise the adjustment to the national minimum wage, effective from January 1, 2024, through…