China has opened an anti-dumping investigation on brandy imported from the European Union, a step that appears to be mainly…
Low tourist turnout in Famagusta during winter season
A tough period for winter tourism in the free area of Famagusta, as reservations in the few open hotels are…
US giants Pimco, Vanguard invest in Turkey after its return to rate hikes
U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, betting that the country will maintain…
Salaries and pensions rise as CoLA aims to combat inflation
In response to yesterday’s Statistical Service report on December’s inflation, the Ministry of Finance has issued a circular revealing the…
Iran’s oil trade with China stalls as Tehran demands higher prices
China’s oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening…
Food inflation slows down, Red Sea attacks foreshadow new price hikes
It took 12 months for some de-escalation of food inflation to begin, which continues at a slow and distressing pace…
Sluggish UK economy gathers a bit of pace at the end of 2023
Britain’s economy ended 2023 on a stronger footing than previously thought, according to a survey of businesses, amid other signs…
Workers to benefit from 2.44% CoLA hike
From the start of the new year, thousands of public and private sector employees in Cyprus will see a 2.44%…
Extension for hotel licensing due to renovations
Hoteliers will have an additional two years at their disposal to legalize structural changes and additions resulting from urban development…
Consumer Reports finds ‘widespread’ presence of plastics in food
Consumer Reports has found that plastics retain a “widespread” presence in food despite the health risks, and called on regulators…