Information from the Ministerial Cabinet meeting indicates that a reduction of the excise tax on fuel was decided, effective for…
Tesla’s Musk raises Cybertruck production concerns, reveals delivery date
Tesla TSLA.O CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker’s much-awaited Cybertruck electric pickup truck…
Sterling blips up after UK inflation data
Sterling ticked higher on Wednesday after data showed UK inflation held at 6.7% in September, showing no acceleration, but above expectations for a…
EU countries break deadlock on power market subsidies
European Union countries’ energy ministers struck a deal to reform power market subsidies, Spain’s energy minister said on Tuesday, defusing a stand-off…
Nervous markets eye Gaza as oil hovers above $90
Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as…
How the war in Israel will affect Cypriot economy
The government’s economic staff is de facto on alert, since the war in Israel may also create a chain of…
“Photovoltaics for All” coming at the end of October
At the end of October, the final financing program for residential electricity consumers for the installation of rooftop photovoltaics without…
Scope Ratings: Most immediate credit risks for Cyprus-Egypt due to Israel-Hamas conflict
Cyprus and Egypt currently face the most immediate credit risks than other countries in the turbulent eastern Mediterranean region rated…
The legendary Berengaria Hotel enters a new era (video & photos)
The “diamond of Troodos”, the legendary Berengaria Hotel, which is an important reference point for the place and especially for…
Profitability of Cyprus’ systemic banks second strongest in Eurozone in Q2 2023
Profitability of Cyprus’ systemic banks in the second quarter of 2023 was the second strongest in the Eurozone, according to…