Cyprus Business Now
Cyprus’ trade deficit for the period between January and December 2022 increased by €2 billion, marking a 34.5 per cent increase compared to the corresponding period in 2021.
According to data published by the ...
Investors cautious on US stocks, even though Fed hikes may soon end
The end of the Federal Reserve’s bruising rate hiking cycle may be in sight, yet investors are finding plenty to worry about when it comes to the US stock ...
Bicommunal technical committees crucial for peace building
The work of bicommunal technical committees is an important confidence-building measure and powerful tool for reconciliation, European Commission Structural Reform Support chief Mario Nava said on Thursday.
He was speaking ...
Our View: CoLA should apply only to low earners
Unions refuse to accept defeat on the issue of CoLA. Having failed to force any change to the existing regime, which provides for an adjustment of wages at 50 per cent ...
Violence hits France in day of anger over Macron’s pension changes
Police fired tear gas and fought with violent black-clad anarchists in Paris and across France on Thursday as hundreds of thousands of protesters marched against President Emmanuel Macron’s plan ...
Kane savours magic moment as he becomes England’s top scorer
Harry Kane had just three England goals to his name when Wayne Rooney broke Bobby Charlton’s long-standing record of 49 in a 2-0 victory over Switzerland in a Euro qualifier ...
Zelenskiy tells Europe: Be quicker with military aid or face a long war
Ukrainian President Volodymyr Zelenskiy on Thursday urged Europe to increase and speed up supplies of modern weaponry and impose tougher sanctions on Russia, saying otherwise the war could drag on ...
Athletics-World governing body bans transgender women athletes
World Athletics has banned transgender women from competing in elite female competitions and tightened testosterone restrictions for other athletes, the governing body said on Thursday.
World Athletics president Sebastian Coe ...
France looks to AI-powered surveillance to secure Olympics
France’s National Assembly on Thursday approved the use of Artificial Intelligence (AI) video surveillance during the 2024 Paris Olympics, overlooking warnings from civil rights groups that the technology posed a ...
Cyprus Anti-Cancer Society supports over 4,000 patients annually
More than 4,000 patients and families are served annually free of charge by the Cyprus Anti-Cancer Society. To achieve this, the practical support of society, as well as businesses is required, ...
Central banks hike rates as turmoil hits bank shares again
The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in pressing on with interest rate hikes, arguing the UK banking sector was strong enough ...
Law giving transport minister extensive powers must be enacted this year
A law giving the transport minister sweeping powers – such as designating low or zero-emission urban areas and barring certain vehicles from using them – must be passed by year’s end, ...
Russian suspect facing extradition from Italy to U.S. evades house arrest
A Russian businessman facing extradition from Italy to the United States has escaped from house arrest, Italian police said on Thursday.
Artem Uss is due to face charges in the ...
Banker fired over sexual harassment sues Barclays for $700,000
A former Barclays BARC.L director, fired for sexual harassment and other misconduct, is suing the British bank for more than 584,600 pounds ($719,412), arguing that female colleagues fabricated allegations and that ...
Trump to face anonymous jury in high-profile New York defamation trial
A U.S. judge on Thursday said Donald Trump will get an anonymous jury in rape accuser E. Jean Carroll’s upcoming defamation trial, citing the threat of juror harassment, ...
President presents proposal for EU involvement on Cyprus issue at council meetings (Updated)
President Nikos Christodoulides said on Thursday he hoped to ‘break the deadlock’ in the Cyprus peace process, also pitching to the United Nations Secretary-General his proposal for a more active ...
Concert series celebrates Astor Piazzolla
The music of world-renowned Argentinian composer Astor Piazzolla will come to life once again in Nicosia and Paphos this March and April as a group of local musicians present a ...
Cabinet members visit Limassol port, promise improvements
Three key cabinet members visited Limassol port’s new passenger terminal where they spoke with stakeholders, vowing to make improvements to Cyprus’ ports wherever necessary.
Shipping, which accounts for about ...
Peo union marches in solidarity with French workers
Peo union held a demonstration in solidarity to French workers on Thursday, outside the French embassy in Nicosia.
“The fight for one is a fight for all of us, just ...
Police warn of increase in online child harassment
Police on Thursday warned of an uptick in online child harassment calling on parents to be more mindful of how their children use the internet.
A bulletin from police warned ...
Public hospitals to receive three new surgical beds in May
Public hospitals will be equipped with three new surgical beds within 60 days as the tender and procurement process have been completed.
In response to the news that the operating theatre ...
Finance minister meets with French ambassador
Finance Minister Makis Keravnos met with French ambassador to Cyprus Salina Grenet-Catalano on Thursday where the two discussed bilateral relations and ways to strengthen their financial cooperation.
Keravnos stressed the ...
Central banks keep hiking rates amid banking turmoil
The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in hiking interest rates, as policymakers ploughed on with their fight against inflation in the ...
British parliament blocks TikTok over security concerns
Britain’s parliament will block TikTok on all devices on its network following a similar ban on government devices, becoming the latest Western institution to bar the Chinese-owned video app ...