Billionaire business magnate Rupert Murdoch announced Thursday that he is stepping down from the position of chairman at Fox Corporation…
New Cyprus’ Law Office estimated cost corresponds to about €134 per office
The estimated “excessive” cost of the new building of Cyprus’ Law Office corresponds to about €134 per office for each…
Bigger, heavier, faster: China rolls out military upgrades
China’s long-term military modernisation efforts are bearing fruit, with a string of upgrades for its warships and warplanes under way…
Ancoria Insurance offers new savings fund with guaranteed net yield of 6.2%
Ancoria Insurance is introducing a brand-new savings fund for its individual customers, featuring a guaranteed net yield of 6.2% over…
Bank of England on brink of rate hike pause after inflation surprise
The Bank of England will announce on Thursday whether it is halting a run of interest rate hikes that stretches…
Climate change, energy prices rendering olive oil a luxury
Olive oil is poised to become a luxury item in Cyprus and across Europe this year, with prices potentially exceeding…
Government unveils schemes aiming to revitalise Nicosia’s historic centre
In a bid to breathe new life into Nicosia’s historic centre, Minister of the Interior Constantinos Ioannou unveiled an ambitious…
Working week in Cyprus two hours longer than EU average
In 2022, the typical workweek for individuals aged 20-64 residing in Cyprus averaged 39.5 hours. This exceeds the European Union…
Fuel prices will hike further as Cyprus household budgets already overburdened
As the Brent crude oil price on Tuesday exceeded $95 a barrel reaching its highest point ever the petrol station owners’…
Banks present measures to alleviate cost from high interest rates before Parliament
Representatives from banking institutions and the Credit Acquisition Companies Association appeared before the House Commerce Committee to discuss the challenges…