The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set…
Turkey halts transit of sanctioned goods to Russia
Turkey halted the transit of Western-sanctioned goods to Russia this month after a year of war in Ukraine and mounting…
How many bank interest rate increases can borrowers afford?
Despite its dilemma the European Central Bank pushed ahead a large interest rise last Thursday amidst fears over the strength of the…
UBS offers to buy Credit Suisse for up to $1 billion
March 19 (Reuters) – UBS Group AG UBSG.S has offered to buy Credit Suisse CSGN.S for up to $1 billion, with the Swiss government planning to…
What is Generative AI, the technology behind OpenAI’s ChatGPT?
Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking a rush among Microsoft MSFT.O…
Greece to increase minimum wage again, before election
The Greek government will raise the minimum wage next month, the third rise in more than a year, Prime Minister…
Cypriot banks not at risk from Credit Suisse, Silicon Valley Bank crisis
Cypriot banks are not at risk and there is no cause for concern after the turmoil caused by the crisis…
Major US banks inject $30 billion to rescue First Republic Bank
Large U.S. banks injected $30 billion in deposits into First Republic Bank FRC.N on Thursday, swooping in to rescue the…
UK governments reaches pay deal with NSH after months of strikes
Healthcare workers in England and the British government have reached an agreement on pay, the i newspaper reported on Thursday,…
Life expectancy in Cyprus down to 81.3 years – Eurostat
Life expectancy at birth in Cyprus was 81.3 years in 2021, according to data published by Eurostat. Although in 2021…