How do you put the cork back in a bottle of champagne? Perhaps ask your friendly bond dealer, as traders…
Sterling rises against weakening dollar ahead of US inflation
LONDON, Aug 10 (Reuters) – Sterling rose against a weakening dollar ahead of the release of U.S. CPI inflation data on Thursday,…
Lawsuit by depositors of the former Laiki Bank for the 2013 haircut rejected
The Nicosia District Court issued a decision rejecting a claim for the impairment of the plaintiffs’ deposits in the former…
Green Tourism Festival at Innia on Thursday and Friday
In the framework of the implementation of a European project, which aims to establish a Sustainable Coastal Tourism Promotion Network…
Minimum salary for hotel industry staff in Cyprus set to rise shortly
The minimum salary for people in Cyprus working in the hotel industry is now €839 monthly but an imminent review paves the…
High inflation fuels sense of rising inequality, mistrust of govt in Germany-survey
Germany’s highest inflation in decades has fuelled a rising sense of inequality and left a majority of Germans feeling abandoned…
Wall St ends down after US bank rating cuts trigger wider sell-off
U.S. stocks closed lower on Tuesday in a broad sell-off after the downgrading of several lenders by credit rating agency…
The Mall of Cyprus to start charging visitors for parking
Starting from September 1, The Mall of Cyprus will start charging visitors for parking on the mall’s premises. In an…
Moody’s downgrades 10 US banks, warns of possible cuts to others
Ratings agency Moody’s downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status…
New €6 million programme to strengthen capacity of Cypriot R&I ecosystem announced
The Research and Innovation Foundation (R&I Foundation) has announced a new €6m funding scheme to further strengthen the capacities of…