Switzerland wakes to new era after historic bank merger; employees “shocked”
Switzerland awoke on Monday to a new era after UBS (UBSG.S) agreed to take over the ailing Credit Suisse (CSGN.S), with a bank employee association saying it was “...
Roads from Troodos to Mount Olympus affected by weekend snowfall
Roads leading from Troodos Square to Mt Olympus are open only to vehicles with four-wheel drive or snow chains, after Sunday’s snowfall police announced on Monday morning.
The meteorology ...
Man taken in for resisting arrest, stealing copper piping
Police on Sunday arrested a 31-year-old man for an alleged attack on a police officer and for attempted theft and malicious damage to a hotel in Chlorakas.
According to the ...
Today’s Weather: Mainly clear, afternoon rains
On Monday isolated rains are expected mainly on the eastern half of the island. The weather will be mostly clear in other areas with locally increased clouds south of Troodos ...
Microsoft unveils AI office Copilot in fast-moving race with Google
Microsoft last week trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival Google (GOOGL.O) ...
Credit Suisse says some clients may want to move wealth assets after UBS deal-memo
Credit Suisse told staff its wealth assets are operationally separate from UBS for now, but once they merged clients might want to consider moving some assets to another bank if ...
Egypt asset sales face obstacles as state maintains grip
Egypt promised to reform under latest IMF programme
Gov’t earmarked more than 30 firms for stake sales
Analysts say military’s economic role has expanded
New security clearance requirement is ...
Samsung’s new Texas chip plant cost rises above $25 billion
A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost the world’s biggest memory chipmaker over $25 billion, up more than $8 ...
Santander’s Mexico arm to launch digital bank by March 2024
The Mexican arm of Spain’s Banco Santander (SAN.MC) plans to launch digital lender Openbank by the end of March 2024 to offer checking accounts, credit cards and other services ...
Christodoulides ready to unveil his Cyprus plan to EU chiefs
President Nikos Christodoulides begins his contacts in Brussels this coming week, aiming among other things to promote his proposal for a more active involvement of the European Union in the ...
Perez wins Saudi GP in another Red Bull one-two
Sergio Perez won the Saudi Arabian Grand Prix from pole position in a Red Bull one-two on Sunday with Max Verstappen staying top of the championship after racing from 15th ...
Man United beat nine-man Fulham to reach semi-finals
Bruno Fernandes scored twice to put Manchester United into the FA Cup semi-finals with a drama-filled 3-1 win over Fulham who had two players and manager Marco Silva sent off ...
Freddy and the ice: messages from the future
Two new things on the climate front this week, both bad news. Hurricanes used to be like drive-by shootings: one pass, one hit and then gone. Now they’re starting ...
Saka double against Palace sends Arsenal eight points clear
Arsenal will head into the international break eight points clear in the Premier League title race after Bukayo Saka scored twice in a 4-1 home defeat of Crystal Palace on ...
After abuses, new method for appointments at migration from Monday, Ioannou says
The online platform to make appointments at the immigration department has been taken down and new arrangements will be in place as of Monday, Interior Minister Constantinos Ioannou said on ...
The gas needs of Cyprus
Cyprus is getting closer to obtaining its own gas supplies from a number of possible sources. But how much gas does it actually need and how can it ensure security ...
China condemns British lawmakers for ignoring demand not to visit Taiwan
China’s embassy in Britain on Sunday condemned a visit this week by British lawmakers to Taiwan, saying they were insisting on visiting the island despite China’s strong opposition.
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UBS agrees to buy Credit Suisse for more than $2 bn – FT (Update 5)
UBS UBSG.S has agreed to buy Swiss banking giant Credit Suisse CSGN.S after increasing its offer to more than $2 billion, the Financial Times reported on Sunday, as authorities ...
The best penny Cryptos for your Wallet: DigiToads, Tron, Fetch.ai, Calvaria, Cardano, Metropoly, and Fight Out
The world of cryptocurrency investment is a vast and ever-evolving landscape, offering investors numerous opportunities to capitalize on the latest trends and technological innovations. One such trend that has gained ...
South Africa aware of legal obligations regarding Putin visit
South Africa is aware of its legal obligation, a spokesperson for President Cyril Ramaphosa said on Sunday, referring to a proposed visit by Vladimir Putin after an international court issued ...
Record participation in Limassol Marathon on Sunday
A record 15,000 runners took part in this year’s two-day Opap Limassol Marathon, which ended on Sunday afternoon.
According to the organisers, the largest sporting event in Cyprus welcomed runners ...
Become an employer of choice: How to opt out of the Great Resignation
By Anna Mylona and Linda Stokes
In 2022, as the world emerged from the constraints of the Covid-19 pandemic only to run into the shock of the war in Ukraine, a ...
Two taken to hospital after highway accident during heavy rains
Two people were taken to hospital after their car skidded and overturned on the Nicosia-Limassol highway on Sunday, police said.
The accident happened around 3pm on the section of highway ...
Streamlining ambulance services on hold – for over 20 years
Latest version of bill on ambulances gathering dust since 2019
Despite promises, the long-awaited bill regulating the ambulance services has been delayed again, three years after it was submitted to parliament.
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