H&M shares jump 10 per cent as summer collection boosts profit
H&M (HMb.ST) shares hit a 16-month high on Thursday after its second-quarter profit beat estimates with its summer collection doing well as warmer weather arrives in Europe.
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Legislation to eliminate mid-term exams at high schools passed
The House on Thursday passed legislation scrapping mid-term exams at public high schools while keeping one final exam at the end of the academic year which will carry a 30 per ...
Our View: Change of economic tune is necessary
It was encouraging to hear Finance Minister Makis Keravnos defending the government’s decision to end the subsidy of all electricity bills and the reduction of the consumer tax on ...
UN wants 12 month extension of Syria aid deliveries from Turkey
U.N. aid chief Martin Griffiths pushed the Security Council on Thursday to extend for 12 months its approval of a long-running humanitarian aid operation that delivers help to millions of ...
Pakistan expects IMF deal in next 24 hours – finance minister
Pakistan’s finance minister said a staff level agreement for a crucial bailout deal with the International Monetary Fund was “very close” and expected in the next 24 hours.
Islamabad is ...
Greta Thunberg slams world response to dam collapse ‘ecocide’ during Kyiv visit
Swedish climate activist Greta Thunberg visited Kyiv on Thursday to draw attention to environmental damage caused by war in Ukraine and criticized the world’s response to the June 6 collapse ...
US House Republicans seek testimony from Hunter Biden investigators
U.S. House Republicans sought testimony on Thursday from more than a dozen officials from the Justice Department, FBI and other government agencies involved in the federal tax investigation of ...
Canadian wildfire smoke spreads, 100 million Americans under air-quality alerts
Murky, dull skies loomed over tens of millions of Americans on Thursday as smoke from prolonged Canadian wildfires drifted across the Midwest and East, causing unhealthy and, in some spots, ...
Government spent €440 million to offset energy crisis impact, says minister
The government has spent some €440 million to cushion consumers from the financial impact of the ongoing global energy crisis, while making other moves aimed at driving down the cost of ...
US condemns burning of Koran in Sweden
The United States on Thursday said it condemned the burning of a Koran outside a mosque in Sweden, but added that issuing the permit for the demonstration supported freedom of ...
Israeli secret service says it captured plot leader in Iran, foiling attack
Israel said on Thursday its Mossad intelligence service carried out an operation in Iran to capture the suspected leader of an Iranian plot to attack Israeli businesspeople in Cyprus and ...
Ministry of Research lacks staff to prevent cyberattacks, reveals audit committee
The junior ministry of research and innovation has no staff in place to prevent a cyberattack, it emerged on Thursday at the House audit committee.
The statements came from the ...
US Supreme Court rules against race-based college admissions
The U.S. Supreme Court on Thursday struck down race-conscious admissions programs at Harvard University and the University of North Carolina, effectively prohibiting affirmative action policies long used to raise ...
Binance’s European banking partner Paysafe to withdraw support
Binance’s European banking partner Paysafe Payment Solutions said on Thursday it will cease offering its embedded wallet solution to the US cryptocurrency exchange across the European Economic Area (EEA) ...
17 years prison for smuggling 22kg of cannabis
Paphos district court on Thursday handed down a 17-year jail sentence on a man, having earlier found him guilty of smuggling in 22 kilograms of cannabis.
The 24-year-old defendant had been ...
Swing and jazz in the heart of Nicosia
A night of swinging tunes and knee-jerking jazz melodies will bring dancing vibes to Sarah’s Jazz Club this Saturday. Welcoming the first of July, The Steppin’ Out Jazz Band ...
Mike Pence, former US VP and presidential hopeful, visits Ukraine
Former U.S. Vice President Mike Pence, who is running for the Republican nomination in the 2024 presidential election, made a surprise visit to Ukraine on Thursday to meet President Volodymyr ...
Education Minister commends students’ success
Education Minister Athena Michaelidou on Thursday met students from Ayios Georgios High School in Lakatamia to award them for their participation in the Junior Achievement Cyprus “Student Enterprise” competition.
In ...
Cyprus problem included in draft EU council statement (Updated)
President Nikos Christodoulides is satisfied by the paragraph about the Cyprus problem in the draft conclusions of the European Council, which is holding its summit meeting on Thursday.
In relation ...
Man arrested in Limassol after two years on the run
Police in Limassol have arrested a man who had been on the run for nearly two years after escaping from the Germasogeia police station in September 2021.
The man, aged 26, had ...
Rouble hits 15-month low past 87 vs dollar on political risk concerns
The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with market uncertainty ...
Riots spread in France, thousands march in memory of shot teenager
President Emmanuel Macron battled to contain a mounting crisis on Thursday after riots spread across France overnight, set off by the deadly police shooting of a teenager of North African ...
Green Line crossings surge, trade growth remains hindered
The European Commission’s annual report on the implementation of the Green Line Regulation found that trade was up by 138 per cent and almost six million crossings took place.
The ...
Cyprus-Israel committees set to advance energy projects within 15 days
The two technical committees appointed by Cyprus and Israel, tasked with putting plans into actions on electricity and natural gas projects, are to begin contacts within 15 days.
Energy Minister George ...