The Industrial Production Index in Cyprus recorded a 4.8% increase on an annual basis in November 2023, driven upward by…
IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook
The International Monetary Fund on Tuesday edged its forecast for global economic growth higher, upgrading the outlook for both the…
Opinion: The impact of disrupted routes through the Red Sea on international trade
By Christos Christodoulou-Volos* The Red Sea, a crucial maritime route connecting the East and the West, plays a pivotal role…
We’re paying the price for past sins in the energy sector
The leadership of the Cyprus Natural Gas Public Company (DEFA), comprising the Chairman and Vice Chairman, refrained from making any…
Paphos American School changes hands
The change in the ownership status of the building complex of the American Academy in the Achelias area of Paphos…
Toyota remains world’s top-selling automaker; chairman apologises over scandals
Toyota Motor 7203.T retained its crown as the world’s top-selling automaker for the fourth consecutive year after posting record annual…
Amazon, iRobot abandon merger in face of EU opposition
Amazon AMZN.O and robot vacuum maker iRobot IRBT.O said Monday they would end their plans to merge in the face…
How do food prices in Cyprus compare to Europe?
In an assessment of the rising cost of living crisis gripping Europe, attention has turned to the soaring prices of…
Financiers grapple with plane shortages amid Boeing MAX crisis
The financiers behind the world’s airline industry are meeting for the first time since a mid-air cabin blowout pushed Boeing…
Analysis: China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger MBTN.S is facing the brunt of competition from China and is warning it may…