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The Paphos regional tourism board (Etap) this week announced that the district’s preparations in light of the upcoming tourist summer season are well underway, with...
Switzerland’s secretive Credit Suisse rescue rocks global finance
Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move...
Cypriots divided on how easy it is to start a new business
Cypriots are split on whether it is easy to start a new business here, as well as whether there are robust opportunities for doing so,...
UBS swallows doomed Credit Suisse, casting shadow over Switzerland
UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that...
Big money captivated by banking drama as investors brace for more turmoil
Hedge fund managers and other large investors believe it is far too soon to call an all-clear on turmoil in the global financial sector even...
Credit Suisse says some clients may want to move wealth assets after UBS deal-memo
Credit Suisse told staff its wealth assets are operationally separate from UBS for now, but once they merged clients might want to consider moving some...
Samsung’s new Texas chip plant cost rises above $25 billion
A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost the world’s biggest memory chipmaker over $25...
UBS agrees to buy Credit Suisse for more than $2 bn – FT (Update 5)
UBS UBSG.S has agreed to buy Swiss banking giant Credit Suisse CSGN.S after increasing its offer to more than $2 billion, the Financial Times reported on Sunday, as authorities bid to...
Tackling rising anxiety, burnout and depression in the workplace
European researchers are developing online tools to help small and medium-sized enterprises improve the mental health of employees. By Andrew Dunne Ask a person working...
Cyprus sees massive increase in tourist arrivals in February, UK tops list
Tourist arrivals in Cyprus increased by 65.6 per cent year-on-year in February 2023, reaching 119,081 visitors, up from 71,921 during the same month of the...