Group of countries to push EU for gas price cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen ...
With eye on Big Tech, energy crisis, EU telcos call for shared network costs
Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the ...
Economy and Competitiveness Council presents long-term strategy ‘Vision 2035’ to MPs
“Cyprus should be one of the best places in the world to live, work and be active” is the vision on the basis of which the Cyprus Economy and Competitiveness ...
Energy, inflation crises risk pushing big economies into recession, OECD says
Global economic growth is slowing more than was forecast a few months ago in the wake of Russia’s invasion of Ukraine, as energy and inflation crises risk snowballing into ...
McDonald’s hikes prices in Japan on higher input costs, weaker yen
Japan’s McDonald’s fast food restaurants will raise prices on about 60 per cent of its offerings to customers, fuelled by rising input costs and exchange-rate fluctuations, the company said ...
Companies potentially affected by Italy’s election
A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a clear majority in the next parliament, exit polls said on Sunday after voting ...
Japan bans chemical weapons-related goods to Russia
Japan has decided to ban exports of chemical weapons-related goods to Russia in an additional sanction against Moscow over its invasion of Ukraine, and is “deeply concerned” about the possible ...
Oil prices fall for a second day on concerns for expected recession
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging ...
Surety for issuance of an order without notice
No interim order is issued unless a guarantee is provided in favour of the person against whom the order is sought
The court within the scope of its powers, upon ...
UK home asking prices rise, tax cuts to spur demand
Asking prices for British homes advertised rose solidly this month and last week’s cut to property purchase tax announced by finance minister Kwasi Kwarteng could fuel demand further, property ...
Public tenders and compensation
Among the problems that this country has, as well as unforgiving bureaucracy, are the increasing problems in recent years in the award of public tenders for infrastructure projects and others.
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Pound plunge the latest ill omen as stocks slide
Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain’s plan to borrow its way ...
UK bonds and pound at centre of storm as tax shock hammers confidence
Britain’s bond market suffered its biggest daily fall in decades on Friday and is expected to slump further, as investors choked on the prospect of hundreds of billions of ...
Inflation, spending cuts undermine Biden’s hunger policy
Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago’s North Side in August. Throughout the COVID-19 pandemic, she used food stamps issued by the ...
Brokerages jump on report SEC stops short of banning PFOF deals
Shares of retail brokerage Robinhood Markets Inc and market maker Virtu Financial (VIRT.O) jumped following a media report that the US Securities and Exchange Commission (SEC) will stop short ...
Crypto exchange Kraken has no US SEC registration plans, says incoming CEO
Cryptocurrency exchange Kraken has no plans to delist tokens the US Securities and Exchange Commission has labelled as securities, or to register with the agency as a market intermediary, said ...
Bankrupt crypto lender Voyager’s CFO to exit months after appointment
Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in ...
Cyprus’ shipping industry to become more efficient and competitive
Earlier this year, Cyprus Shipping Deputy Minister Vassilios Demetriades announced a new piece of legislation that would enable the creation of a limited liability company to be used exclusively for ...
Toyota Motor to close its factory in Russia
Japan’s Toyota Motor Corp (7203.T) said on Friday that it had decided to end vehicle production in Russia due to the interruption in supplies of key materials and parts.
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Marlow Navigation
Cyprus 4.0 speaks to Joint Managing Director at Marlow Navigation, Andreas Neophytou to get his take on the current environment in shipping in Cyprus and how it is moving ahead
Shipping ...
Thomas A. Kazakos: Director General, Cyprus Shipping Chamber
‘The Cyprus Shipping Chamber’s (CSC) primary goals are to advance the interests of Cyprus Shipping and constantly enhance the standing of the Cyprus flag’
Thomas A. Kazakos is the ...
Lebanon’s banks to reopen on Monday (Updated)
Lebanon’s banks will reopen on Monday, the banking association said, after five days of closure following a wave of holdups in the country by depositors seeking access to their ...
Eurobank Cyprus: Serving the Maritime Industry
Eurobank Cyprus has been serving the maritime industry since 2007, and currently offers a broad range of banking products and services. The bank’s local presence in this highly demanding sector ...
Ericsson says no hardware exported to Russia, only software support
Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the ...