Archive January 2025

Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook. Brent crude oil ...

Developers at leading US AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar ...

The Cyprus Property Developers Association and Interior Minister Constantinos Ioannou met this week to discuss a number of issues impacting Cyprus’ housing sector. These include delays in planning permits and ...

Former Premier League referee David Coote has apologised for the actions that led to his sacking last month by English soccer’s referees’ body PGMOL, saying that the pressure of ...

Traveling has become a cornerstone of modern life, whether for business or leisure. As a Cypriot planning a trip to the USA, there’s one thing you can’t ignore—...

Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled by the Economics Research Centre of the University of Cyprus (CypERC), recorded a year-on-year increase of 2.3 per cent in December 2024. This marks ...

Virtuoso pianist Yiannis Georgiou will this week perform a repertoire of major works by the great composers Schumann, Brahms and Rachmaninoff. On Friday, Georgiou is set to take audiences on ...

To tackle traffic congestion and improve urban development, the municipalities of Limassol, Amathus, and Polemidia have teamed up on a collaborative spatial planning initiative, aimed at enhancing the city’s ...

US President Donald Trump signed a series of executive orders on Monday to remove diversity, equity and inclusion (DEI) from the military, reinstate thousands of troops who were kicked out ...

Tuesday’s weather will be mainly clear, with increased clouds present during parts of the day. Temperatures will rise to around 20 degrees Celsius inland and on the coasts, and 10 degrees ...

Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion ...

Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday. Speaking to Politis radio, he said he expects ...

A clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook ...

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from ...

Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric ...

The construction of a new crematorium in Paphos may not be complete until next year, according to reports on Monday. News website Reporter wrote that while the initial plan was ...

The leaders of all the big unions met on Monday to decide their demands and plan of action for 2025. They decided that they would follow collective action in seeking the ...

At least 22 soldiers have been killed and several wounded in Nigeria’s northeast after insurgents deployed improvised explosive devices and suicide bombers to ward off attacks by the military, the ...

Rwandan-backed rebels marched into eastern Congo’s largest city Goma on Monday, and the UN said they were supported by at least some regular Rwandan troops, in the worst escalation ...

Morocco has selected nine stadiums in six cities for the Africa Cup of Nations finals starting in December, the country’s local organising committee said on Monday hours before the ...

Denmark said on Monday it would spend 14.6 billion Danish crowns ($2.05 billion) boosting its military presence in the Arctic, following renewed interest by U.S. President Donald Trump in controlling Greenland, ...

Six German national track team cyclists were injured on Monday when their group was hit by a car driven by an 89-year-old man in Mallorca, the German Cycling Federation said. ...

Colombia’s President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the US reached a deal on deportation flights, but the Colombian ...