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…
London transport fares frozen to ease cost-of-living pressures
Most public transport fares in London will remain the same this year, in a move aimed at easing cost-of-living pressures…
Explainer: What does Red Sea disruption mean for Europe’s economy?
Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal,…
Hoteliers satisfied with reservations ahead of tourist season
The leader of the Cyprus Hotels Association (PASYXE), Thanos Michaelides, expressed his satisfaction with the progress of reservations for the…