Sources in the insurance market confirm the prospect of CNP Cyprus Insurance Holdings changing hands, as the French insurance group…
Loan accessibility to become more challenging in 2024
A report from the European Central Bank, released yesterday, signals challenging times ahead for both households and businesses seeking bank…
Cyta staff to accept major pay structure reforms
Cyta’s staff have accepted a proposal for sweeping institutional changes. EPOET (OHO-SEK), ASET-Cyta, and SIDIKEK-PEO-Cyta, representing most of the employees,…
China adds 12.44 mln urban jobs in 2023, says more effort needed this year
China created 12.44 million new urban jobs last year, meeting its target, but more efforts are needed to prop up…
British pub group J D Wetherspoon’s sales rise on festive cheer
British pub group J D Wetherspoon JDW.L reported on Wednesday higher sales in the last 25 weeks, lifted by strong…
eBay to slash 1,000 jobs, scale back contracts
eBay Inc EBAY.O will cut about 1,000 roles, or an estimated 9% of its current workforce, the e-commerce retailer said…
Greece airport traffic hit record high in 2023
Traffic at Greek airports reached a record of 72.6 million passengers in 2023, the Civil Aviation Authoritiy (CAA) said on…
Hybrid and electric car sales rise in Cyprus
After navigating through three years of supply chain difficulties, the European automotive industry has witnessed a turnaround in 2023. The…
Global watchdog to report in October on how social media fuels bank runs
Global financial regulators will present the G20 in October their findings from a “deep dive” on how social media can…
To rent or to buy? Tough choices as prices surge
Amid record-high property prices, a pressing question looms over thousands of citizens, particularly young couples: to rent or buy a…