Turkey’s lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure to the…
Layoffs and hundreds of unpaid employees in Cyprus as a result of US, UK sanctions
The US and UK have placed 13 Cypriot entities and individuals on sanctions lists for allegedly enabling Russian oligarchs but…
Long-awaited City of Dreams Mediterranean set to open on July 10
City of Dreams Mediterranean will open on Monday, July 10, 2023, Melco Resort & Entertainment announced on Thursday. The development…
Compromise agreement on CoLA could be signed on Friday
Unions and employers in Cyprus are one step closer to settling a dispute over the Cost of Living Allowance with…
US debt standoff overshadows G7 finance leaders’ meeting
A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders’…
Spain to ban some outdoor working during extreme heat conditions
Spain will ban some outdoor working during extreme heat conditions, Labour Minister Yolanda Diaz said on Wednesday, as the country…
State doctors readying for 24-hour strike on Thursday
The 24-hour strike declared by the union of state doctors (Pasyki) for Thursday is unnecessary as the issue for which…
Treasury debt advisers warn of ‘seismic’ impact from U.S. debt payment delays
Wall Street executives who have advised the U.S. Treasury’s debt operations for the past 25 years warned on Tuesday they are…
Analysis: China’s return to global stage checked by national security focus
China’s increasing focus on its own security and intensifying rivalry with the United States threatens to turn its re-engagement with…
Israeli-Cypriot businessman Sagi acquires Kape Technologies for $1.6 billion
Unikmind Holdings Limited, a company owned by the Israeli and Cypriot businessman Teddy Sagi announced the successful public offer for…