Almost three in 10 UK consumers plan to spend less in the festive period this year than last year, reflecting the impact…
Meta introduces ad-free plans for Instagram, Facebook in Europe
Meta Platforms META.O said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram…
World Bank sees oil lower in 2024, but wider Middle East war could spike them
The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter…
Turkish fund denies supporting Hamas after US sanctions move
Turkish real estate investment fund Trend GYO responded to the U.S. imposition of sanctions on three of its shareholders on…
Ministry pledges €245m for business grants and infrastructure in Paphos; UK key tourism market
The Ministry of Energy, Commerce, and Industry has secured €245 million for the new programming period until 2027. This funding…
Proposed reforms could halve pension penalty for thousands of retirees
The Minister of Labour, Yiannis Panayiotou, has unveiled a proposal aimed at providing financial relief for retirees. This proposal centres…
Reduction in fuel prices set to be delayed
The implementation of a fuel tax reduction, originally slated for November 1, will be delayed by a few days, pending…
Bank deposits in Cyprus on the rise, but not from households
The total value of deposits in Cyprus witnessed a substantial increase of €87.7 million in September 2023 but it came…
Impact on Cyprus economy from Israel-Hamas war constantly monitored
Cyprus’ economy may be resilient enough to withstand the fallout from the conflict between Israel and Hamas but the dangers…
S&P Global revises Israel’s outlook to ‘negative’
S&P Global revised Israel’s outlook to “negative” from “stable” on Tuesday, citing risks that the Israel-Hamas war could spread more…