Archive 2024

HSBC (HSBA.L) has been fined 57.4 million pounds for “serious failings” in protecting up to 112 billion pounds ($142 billion)of deposits over several years, in the first penalty of its kind ...

Saudi Arabia’s government on Tuesday ordered state oil company Saudi Aramco (2222.SE) to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels ...

United Parcel Service (UPS.N) is to cut 12,000 jobs and explore strategic options for Coyote, its truckload freight brokerage business, after the company forecast full-year revenue below estimates. Shares in ...

Arsenal closed the gap on leaders Liverpool with a 2-1 Premier League victory at Nottingham Forest to kick off the midweek fixtures on Tuesday, while Luton Town moved out of ...

The state scholarships foundation should publish its announcements and application forms in English and Turkish as well as Greek, the ombudswoman recommended on Tuesday. The announcement came after a complaint ...

Wrapping up his televised presentation of the government’s plans for this year, President Nikos Christodoulides said he had announced more than 80 policies and actions that would be implemented in 2024 “...

U.S. President Joe Biden traveled to Florida on Tuesday to raise funds for his 2024 reelection bid on the home turf of his likely opponent, Republican frontrunner Donald Trump. Biden, ...

Civil rights activists on Tuesday failed to convince a federal appeals court to reconsider a ruling that could sharply curtail lawsuits enforcing a landmark voting rights law’s protections against ...

Hamas said on Tuesday it had received and was studying a new proposal for a ceasefire and release of hostages in Gaza, presented by mediators after talks with Israel, in ...

The ratio of fossil fuels in gross available energy increased slightly both in the EU and in Cyprus in 2022, a trend which signified a small increase in Europe’s reliance ...

Italy protested to Hungary on Tuesday over the treatment of an Italian woman who appeared in a Budapest court chained and shackled to face charges of taking part in an ...

Two people were killed and three injured in an explosion in Pakistan’s restive southwestern Balochistan region on Tuesday, a senior police officer said. Islamic State later claimed responsibility for ...

The UN Security Council on Tuesday adopted a resolution extending the UN peacekeeping force in Cyprus (Unficyp) mandate, which expires on Wednesday, for one more year. The UN said that ...

Residents of areas near the Dhekelia power plant threatened on Tuesday to “shut down” the station, frustrated with what they say are broken promises that the facility would cease to ...

Opposition parties gave a lukewarm response on Tuesday to President Nikos Christodoulides’ presentation of government goals for 2024 made a day earlier. “Certainly the president and the government will be judged ...

Lawmakers on Tuesday heard about shady practices in the area of Polis, where Turkish Cypriot land is reportedly being used for growing crops in ‘under the table’ transactions between lessees ...

Attorney General George Savvides strongly denied corruption charges on Tuesday after a lawyer accused his office of collaborating with a billionaire Russian oligarch to allow an allegedly illegal $113.4 million deal ...

Theatre group Solo for Three is wrapping up its production of Venus in Fur, with just three more shows spread in Nicosia and Limassol. Its next performance on January 31 is ...

A man died on Tuesday afternoon from a traffic accident on the Kolossi-Akrotiri road in Limassol, police said. The car, in which a father and his son were travelling, was ...

A prisoner was taken to Nicosia General on Tuesday after he went to the prison infirmary with facial injuries, the prisons department said. At around 3pm, the convict was taken ...

One of the trade unions representing workers at the Electricity Authority of Cyprus (EAC) alleged on Tuesday there are plans afoot to privatise and “plunder” the organisation, to the detriment ...

Chelsea expect a sentimental atmosphere when they face Liverpool at Anfield but will be focused on claiming a vital win, manager Mauricio Pochettino said following Juergen Klopp’s announcement that ...

Birth rates among Cypriots dropped by over 400 children in a year, the Elam-led ad hoc House committee on demographics heard on Tuesday. After the session, committee chair and Elam MP ...

By Charlie C. Nicholson, Jessica Knapp, and Maj Rundlöf The European Parliament voted against a proposal to curb the use of agricultural pesticides in November 2023. These chemicals, designed to ...