Many small US banks not ready to borrow from Fed in an emergency
The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some US banks are not prepared to borrow from the Federal Reserve if they need to, ...
The complexity of transforming rare earths from mine to magnet
MP Materials (MP.N) and other Western companies are seeking to develop supplies of processed rare earths needed for the green energy revolution in a sector dominated by China.
The 17 ...
Kraft Heinz sales miss estimates as higher prices hit demand
Kraft Heinz (KHC.O) missed quarterly sales estimates last week as inflation-hit customers bought fewer packaged meals and condiments, discouraged by higher product prices.
Shares of the Jell-O maker were ...
Yum Brands beats quarterly results estimates on KFC boost
Yum Brands (YUM.N) topped market estimates for quarterly results last week, as cheaper meals and promotional offers at its KFC restaurants boosted demand and overshadowed lackluster traffic at Taco ...
Temporary voluntary return centre to be created for migrants
The state will be creating a temporary centre for migrants choosing to voluntarily leave Cyprus in the coming months, while the construction of the new reception centre in Limnes is ...
Website creator Wix raises 2023 estimates after large Q2 beat
Wix.com (WIX.O), which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and raised estimates ...
Arsenal win shootout to deny Man City in Community Shield
Arsenal beat Manchester City 4-1 in a penalty shootout to win the Community Shield on Sunday and strike the first blow in this season’s rivalry between the two clubs.
...
Suffocating Trikomo with high-rises
Build ‘em fast, build ‘em cheap, build ‘em high seems to be a once-sleepy village’s new mantra
Anyone who has been near Trikomo in recent years will have noticed ...
Black Catholics tell pope it takes more than words to tackle racist legacy
Some Black worshippers feel under-represented in the Catholic Church and that it needs to do more to overcome its legacy of racism, they said, after Pope Francis spent recent days ...
Euthanasia: Cyprus braces for the toughest question of them all
Hunter trial has brought to the forefront what will be a heated debate in the House
As parliament in Cyprus is set to reconvene again this autumn, a group of ...
The vigilantes out to thwart mobile traffic cameras
Drivers are employing devious methods to avoid being fined for traffic violations
Drivers are banding together to avoid the long lens of the law: social media groups are sharing the ...
Aphrodite getting closer
Even though the final results of the successful appraisal drilling of the Aphrodite gasfield earlier this year have not yet been formally announced, development of Aphrodite appears to be getting ...
Borrowing the landscape
I wonder if you have heard of ‘Borrowing the landscape’! It’s a Japanese idea practised for centuries there and called ‘Shakkei’, where features such as far off mountains and ...
Hoteliers say August occupancy could reach 90 per cent
The occupancy of hotels in July was between 80 per cent and 85 per cent and better results are expected for August, when occupancy rates could reach 85 per cent to 90 per cent ...
Mountains turned upside down
Local and international artists present an exhibition in the Solea Valley finds ELENI PHILIPPOU
It is not often that Galata village in the Solea Valley is the host of an ...
Cause of Alassa fire still unclear, police say, flare-ups cause problems (update)
The cause of a fire in the Alassa dam area of Limassol remains unknown still, authorities said on Sunday about the fire that was extinguished a day ago.
Limassol police ...
Ministers say efforts ongoing to break Cyprus talks impasse
All efforts by President Nikos Christodoulides focus on lifting the prolonged deadlock on the island and on creating the conditions that will allow the resumption of peace talks under the ...
Pakistan ex-PM Imran Khan’s lawyers cannot reach him in jail – spokesperson
Pakistani former Prime Minister Imran Khan’s lawyers could not reach him on Sunday after he spent the night in a jail near the capital following his arrest the previous ...
Gesy is really, really messy
Finance minister has described Gesy as a ‘black hole’ of funds. He’s right
By Brian Lait
Gesy, the long awaited and much discussed Cyprus health scheme officially kicked off ...
Turkish drone strike hits PKK target in northern Iraq, kills one
A Turkish drone strike on Sunday killed a Kurdistan Workers Party (PKK) militant and wounded another in Iraq’s northern province of Sulaimaniya, Iraqi Kurdish security sources said.
The strike ...
Ukraine gets rid of Soviet symbols on Motherland monument in Kyiv
Workers installed Ukraine’s national trident on an iconic monument depicting the Motherland in Kyiv on Sunday, replacing old Soviet symbols in one of the most visible examples of breaking ...
China raises emergency response level for floods in northeast
Authorities in northeastern China raised their emergency response level on Sunday as tributaries of the Songhua, a major river, rose to dangerous levels after days of heavy rain caused by ...
Twenty-one injured in east China magnitude 5.5 earthquake – state media
Twenty-one people were injured and 126 buildings collapsed after an earthquake of magnitude 5.5 struck the eastern Chinese province of Shandong on Sunday, state broadcaster CCTV reported.
The earthquake, 10 km (6 miles) deep, ...
El Salvador and ‘the world’s coolest dictator’
“It’s not perfect, but it’s good. We’ve done something really good here,” said El Salvador’s vice-president, Felix Ulloa, defending the government’s no-quarter war against the ...