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The European Commission on Wednesday urged Cyprus to continue to improve the effective investigation and adjudication of high-level corruption cases, including by strengthening the Office of the Attorney General and ...

By Robert Street In recent years Cyprus has significantly enhanced its fund legislation to position itself as a flexible and cost-effective jurisdiction for funds and fund managers within the European ...

Finance minister Constantinos Petrides ruled out the idea of providing political parties with additional state funds for their presidential election campaigns. This was out of the question, he said, mentioning ...

The total value of assets under management (AUM) by Collective Funds declined by 3.9 per cent in the first quarter of 2022 over the previous quarter, while Management Companies and Undertakings of ...

Wall Street’s main indexes fell on Wednesday after hotter-than-expected inflation data fueled bets that the US Federal Reserve will hike interest rates aggressively to tame surging prices. The Labor ...

The head of powerful armed group Hezbollah warned on Wednesday that “no one” would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its “...

Nearly 20 blazes raged across Portugal and several burned in western Spain on Wednesday, menacing villages and disrupting tourists’ holidays amid a heatwave that meteorologists expect to push temperatures into the ...

The European Union is preparing a seventh package of sanctions against Moscow but it is already clear that it will not curb imports of Russian gas as too many member ...

Pope Francis has named three women, two nuns and a lay woman, to a previously all-male committee that advises him in selecting the world’s bishops, the Vatican said on ...

Russian and proxy forces have entered the town of Siversk in Ukraine’s Donetsk region, Russian state news agency TASS reported on Wednesday. Reuters could not independently verify the report. ...

Bilateral relations, the need to increase the energy independence of the European Union and their views on migration were among the issues discussed during talks between President Nicos Anastasiades and ...

Raheem Sterling has returned “home” after swapping Manchester for London by signing for Chelsea on a five-year deal. The England international ended a seven-year stay at Manchester City as he ...

As spaces for artistic expression, museums not only host exhibitions but also sometimes performances. Majestic State Gallery in Nicosia welcomes two artists to its grounds this July who will present ...

Former Chancellor Rishi Sunak won the biggest backing from Conservative lawmakers on Wednesday in the first vote to choose who will succeed Boris Johnson as party leader and British prime ...

The overwhelming perception in Cyprus is that corruption is widespread, with political parties and the health care system seen as particularly vulnerable to abusing their power, according to a Eurobarometer ...

The Claret Jug weighs only 2.5kg but when The Open is played on the Old Course at the ‘Home of Golf’, the trophy comes with the added weight of history. ...

Temperatures will hit 40C inland on Thursday, the met office said on Wednesday as it issued a yellow alert – the second in as many days – for extreme hot weather. The ...

US consumer prices surged 9.1% in June, the largest annual increase in more than four decades amid stubbornly high costs for gasoline, food and rent, cementing the case for another 75-basis-point ...

A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over ...

The incident involving the alleged collusion of a senior police officer with an inmate at the central prisons currently under investigation brought to the forefront the prison department’s year ...

Implementation of the PDO (protected designation of origin) regulation would signal the end of the sale of halloumi abroad, said the general manager of the Pancyprian Cattle-Farmers Association (Poa), Nicos ...

The dollar surged to a 20-year high against a basket of currencies and the euro broke below parity against the greenback after data on Wednesday showed US consumer price inflation ...

The United States called on Russia to immediately release Ukrainians it has forced out of their home country and allow outside observers, citing reports Moscow was putting Ukrainian children up ...

A French Senate report on Wednesday slammed organisational failings that resulted in crowd disorder and crime at May’s Champions League soccer final between Liverpool and Real Madrid, which sparked ...