The World Bank’s private funding arm, the International Finance Corporation (IFC), and the European Bank of Reconstruction and Development (EBRD)…
Amazon to hold mid-October sale to capture more holiday spending
Amazon.com on Sunday announced an expected sale for its loyalty-club shoppers, an event like its Prime Day summer marketing blitz…
Paphos hotels expected to be 70%-75% full in the fall
Paphos Hoteliers’ President Thanos Michaelides said that occupancy rates in Paphos hotels in September ranged on average between 70% and…
Sterling crumbles to record low, dollar soars on UK fiscal angst
Sterling tumbled to a record trough on Monday as traders scampered for the exits on speculation the new government’s economic…
Britain’s new vision leaves onlookers with nightmares-Analysis
Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years,…
Britain’s new vision leaves onlookers with nightmares-Analysis
Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years,…
Reduction of excise duty on fuel to continue until January 2023
During an extraordinary meeting, the Cabinet decided to continue the reduction of excise duty on fuel until January 2023, aiming…
Cost of crypto: report says U.S. bitcoin as dirty as 6 million cars
By Avi Asher-Schapiro The carbon footprint of the U.S. bitcoin industry is rising at breakneck speed, a report from environmental…
Eurobank Cyprus to terminate negative interest rates on deposits
Eurobank Cyprus announced on Friday that it is terminating negative interest rates on deposits held by legal entities. The decision…
More foreign companies wishing to relocate to Cyprus, Interior Minister says
The adoption of a new strategy to attract businesses to the country has led to an “impressive increase of interest”…