Comparing European and U.S. business banking – an analysis
A quick scan of the world’s top 10 companies by market cap or most billionaires quickly reveals that the U.S. leads Europe. Undeniably, the two continents have contrasting cultures ...
Benefits of buying wholesale clothes as a fashion brand
The fashion industry’s growth in the last few years has been exponential. This growth, based on the growing global need for high-quality clothes and accessories, has seen the industry ...
Sudan evacuations speed up during fighting lull
European nations, China and others from around the world raced to extract thousands of their citizens from Khartoum on Monday during an apparent lull in fierce fighting between the army ...
MMA champion Trikomitis welcomed by president
Cyprus MMA Champion Andreas Trikomitis was welcomed by President Nikos Christodoulides at the presidential palace in Nicosia on Sunday.
Christodoulides showed great interest in Trikomitis’ sporting career, telling the fighter ...
Paphos police registers 159 violations over three days
Traffic police in Paphos carried out a coordinated operation from Friday to Sunday aimed at preventing road accidents, resulting in a total of 159 violations, the majority of which for excessive ...
Elderly woman saved from ‘doctor’ scam by visitor
A new case of fraud with the perpetrator impersonating a doctor is being investigated by police on Monday.
According to police statement, the case involves a foiled attempt to extort ...
Suspect in disappearance of Limassol man not cooperating with police (Updated)
A 25-year-old suspect has been remanded for eight days for the disappearance of Angelos Pericleous, 31, the Limassol district court decided on Monday.
According to the police, Pericleous was reported missing ...
Black Caps retain European Cricket Series crown
By Richard Boxall
After a day of tense low-scoring matches at Ypsonas cricket ground on Sunday, Black Caps repeated their 2021 success with a 2-run victory over Napa Royal Kings in ...
Credit Suisse saw $68 billion in first-quarter outflows as it crumbled
Credit Suisse (CSGN.S) said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in the first quarter, adding that outflows were continuing even in the wake ...
Daily News Briefing
In today’s episode, Cyprus on Sunday marked 20 years since the checkpoints opened, paving the way for countless Greek Cypriots and Turkish Cypriots to come closer. Bicommunal initiative group United ...
Femme Festival: two-day event for the promotion of gender equality
In just under a month’s time, the second edition of Femme Fest will take over the Nicosia Municipal Gardens, working towards gender equality. On May 13 and 14, the festival will ...
Housing: How Cyprus fares compared to rest of Europe
At the end of last year Eurostat published comparative rents, with our own contribution, for apartments and houses in the capitals of various countries in Europe.
The following refers to ...
Turkey’s key tourism sector slow to recover after huge earthquake
After months of hosting displaced survivors of Turkey’s massive earthquake in his Antalya hotels, Hakan Saatcioglu hopes his rooms will soon be filled with tourists again after the temporary ...
Man in Paphos arrested for brandishing toy gun
Police in Paphos on Saturday arrested a 29-year-old man for carrying a weapon to incite terror, reckless driving and other traffic offences.
According to police spokesman and head of Paphos ...
Police investigate fire to rubbish bin and shed in Emba
A fire broke out on Saturday night in the wooden storage shed of a residence in Emba, which appears to have started from a flaming plastic rubbish bin.
According to ...
Man remanded in custody airport arrest for forgery
A 26-year-old man arrested by police at Paphos airport for forgery and impersonation was remanded on Sunday for three days.
According to the police, the 26-year-old had presented himself at ...
Today’s weather: Mainly clear, rain locally
On Monday the weather will be clear with clouds developing later in the day, expected to bring rain mainly in areas south of Troodos. Winds will be variable south-westerly to ...
Strikes ground flights at German airports, railway walkouts to follow
Industrial action grounded dozens of flights at two major German airports on Monday as security workers and ground services employees in the capital, Berlin, and in Hamburg held a one-day ...
Seaplanes and tech gods: Spain’s drive to dish out $84 billion of EU cash
A request for seaplanes needed to fight forest fires is red-flagged because it could harm the environment. Companies seeking aid after being hammered by COVID are asked to show proof ...
The European economy and the prospects for enhanced macroeconomic coordination
By Pierre Jaillet
Inflation has been elevated in 2021-22 in Europe and elsewhere, driven by higher energy and food prices, from exogenous influences, but also driven by mark ups on ...
Procter & Gamble hikes prices again with scant pushback, and boosts sales view
Procter & Gamble Co’s (PG.N) customers, particularly in the United States, continued to show little resistance to repeated price hikes helping the Tide detergent maker boost its sales ...
More companies quit CBI as crisis at UK lobby group deepens
Major British corporate names NatWest, John Lewis and Virgin Media O2 quit the Confederation of British Industry on Friday as a fresh media report about rape allegations deepened a crisis ...
Nestle, PAI to create joint venture for frozen pizza in Europe
Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle’s frozen pizza business in Europe, the Swiss company said on Friday, adding ...
How have skyrocketing interest rates affected banks?
By Andreas Charalambous and Omiros Pissarides
The prolonged period of rising inflation over the past year and a half has pushed major Central Banks to successive interest rate hikes. Specifically, ...