Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen…
Sterling flatlines as UK wage growth slows, focus on US inflation
The pound struggled for direction on Tuesday after data showed British wage growth slowed in October but remained elevated, with…
Cryptoverse: Bitcoin defies its doubters in 2023
If 2022 was the year that “broke bitcoin”, 2023 has been the year of trauma recovery. Bitcoin has bounced pluckily…
Fuel prices decrease following reduced VAT
Over the past two weeks, fuel prices have seen a decrease following the implementation of a reduced consumption tax. However,…
Turkish lira hits new historic low
The Turkish lira touched a new historic low at 29 per dollar on Monday, marking a 35% decline so far…
Hospitality sector prices continue to rise
The trend of price increases across the hospitality sector, ranging from restaurants and taverns to cafes and bars, seems to…
Confectioners eye holiday boost as UK shoppers snub expensive gifts
Quality Street maker Nestle NESN.S. and Cadbury owner Mondelez MDLZ.O are seeing higher sales of confectionery in Britain this holiday…
Cypriot bonds maintain value at €6.75 billion
The value of Cypriot bonds held by the Eurosystem remained stable at €6.75 billion as the European Central Bank continued…
E- kalathi platform expected to be ready in summer 2024
Around the summer of 2024, the digital platform e-kalathi will be launched. The platform aims to provide consumers daily with…
Fitch upgrades Cyprus’ outlook to positive
International Rating Agency, Fitch, revised the rating of Cyprus long-term rating to positive from stable, citing economic resilience, fiscal surpluses…