Microsoft halts hiring in US consulting unit as cost-cutting measure
Microsoft (MSFT.O) is planning to halt hiring in part of its consulting business in the US in a bid to cut costs, CNBC reported this week, citing an internal ...
Global equity funds see drop in demand on rising US Treasury yields
Demand for global equity funds declined sharply in the week through Jan. 15, as US Treasury yields rose and expectations for the Federal Reserve’s interest rate cuts fell following a ...
UK firms cut headcount in response to tax hike, survey shows
Around one in six British companies cut hiring late last year, the highest share since early 2021, according to a survey that showed firms felt pressure to raise prices due to ...
Nokia signs multi-year patent license agreement with Samsung
Finland’s Nokia (NOKIA.HE) has announced that it has signed a multi-year patent license agreement with Samsung (005930.KS) for the use of Nokia’s video technologies in the South ...
US small business confidence jumps to more than six-year high
US small-business confidence surged to the highest level in just over six years in December, extending post election gains.
The National Federation of Independent Business said this week that its ...
Boeing executive sees market demand and supply rebalancing by 2030
Boeing (BA.N) expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said this week.
“From my perspective ...
Charalambides claims video evidence of school land misuse, minister visits amid dispute
Cyprus MP Irene Charalambides has reignited her criticism of the minister of education over the controversial leasing of school land for the creation of padel courts. Charalambides claims that the ...
Our View: Public hospitals are destined for a collapse
The audit office report about the state health services, Okypy, which was discussed at the House health committee on Thursday, must be seen as a red alert, an urgent warning ...
Trump moves inauguration indoors due to freezing temperatures
President-elect Donald Trump said his inauguration on Monday will take place inside the US Capitol rather than outdoors because of severe cold, the first time in 40 years that US presidential ...
CNN found liable for defaming US Navy veteran who helped people evacuate Afghanistan
A Florida jury on Friday found TV news provider CNN liable for defaming a US Navy veteran who helped evacuate people from Afghanistan after the US military withdrew from the ...
Tens of thousands join student-led protests in Belgrade
Tens of thousands of anti-government protesters in Belgrade on Friday stood in silence in front of the state television RTS building for 15 minutes to commemorate victims of a railway station ...
Man Utd and Scotland legend Law dies aged 84
Former Manchester United and Scotland forward Denis Law has died at the age of 84, the Premier League club said on Friday.
“It is with a heavy heart that we tell ...
Mozambique ex-finance minister sentenced in US to 8.5 years in prison over ‘tuna bonds’ scandal
A former Mozambique finance minister was sentenced on Friday to eight-and-a-half years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned ...
CIA employee pleads guilty over leak of classified Israeli plans
A CIA employee who was accused of leaking classified documents about Israel’s plans to strike Iran pleaded guilty on Friday to criminal charges that he wilfully retained and transmitted ...
Federal Reserve withdraws from global regulatory climate change group
The US Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial ...
Ruling on Paphos-Polis road guarantees binding, sources say
A ruling by Paphos district court in favour of the Republic of Cyprus is binding, regardless of the decision issued by an Athens court for the temporary prohibition on fulfilling ...
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Trade unions oppose state third country worker criteria
The government’s draft criteria for the employment of workers from third countries have faced strong opposition from trade unions Sek, Peo and Deok, who said their views had not ...
Paphos man jailed for nine years for drug possession with intent to supply
A 34-year-old man from Paphos was on Friday sentenced to nine years in prison after being found guilty of possession of illegal drugs with the intent to supply, among other ...
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Abused dog found in rubbish bin, owner arrested
Animal police have arrested a man after his dog was found in a rubbish bin on Thursday night in Peyia, Paphos, in terrible condition.
The dog is being treated at ...
Nine with flu in ICU, two under 40
Nine patients are currently being treated with flu-related infections in intensive care units across Cyprus, two of whom are under the age of 40.
State health services organisation (Okypy) spokesman Charalambos ...
Greek and Turkish Cypriots join to demand new crossing points
Greek Cypriots and Turkish Cypriots demanded the immediate opening of more crossing points on Friday afternoon, at an event in Nicosia.
Members of bicommunal ‘United Cyprus’ gathered at Ayios Dhometios ...
Cyprus sends €92,000 to UN for Vanuatu quake victims
Cyprus has sent €92,000 to Unicef and the UN office for the coordination of humanitarian affairs (Unocha) as humanitarian aid to the people affected by the earthquake in Vanuatu, in December 2024.
...
Attorney-general’s office responds to ECHR ruling on property case
Cyprus’ attorney-general’s office has issued a statement responding to the European court of human rights (ECHR) ruling on the long-running property rights case involving a British citizen whose home ...
Cyprus unfazed by potential shift in US policy under Trump
Government Spokesman Konstantinos Letymbiotis stated on Friday that the government does not fear a shift in US policy towards Cyprus under Donald Trump, despite Turkey’s strong objections to the ...