18.9 C
Nicosia
Friday, May 3, 2024

Latest News

Powered by:

Economy

April inflation rate rises to 2.4%

The inflation rate increased in April at a rate of 2.4%, as stated in a statement released on Maundy...

Dismissed Tesla employee shares hardship

The story of one of Tesla's 14,000 employees that the company laid off has surfaced. This concerns Nico Murillo, who...

Inflation slightly up in eurozone

Harmonized inflation in April increased slightly to 2.2%, compared to April 2023, up from 1.6% in March this year...

Airbus ready to lock out A220 workers if offer rejected

Airbus AIR.PA is ready to lock out its Canadian A220 workers if a latest contract offer is rejected on...

G7 agree deal to quit coal by 2035, but with caveat

Energy ministers from the Group of Seven (G7) major democracies agreed on Tuesday to end the use of coal...

Cypriots opt for Easter getaways abroad

Travel data suggests a significant number of Cypriots have chosen to spend the Easter holiday abroad, with Greece and...

Cyprus expands work permits for foreign students, tightens controls

The Cabinet today announced changes expanding opportunities for foreign students to work in the country and strengthened oversight mechanisms. The...

Consumers face record Easter costs as food prices surge

Consumers face the most expensive Easter in at least five years as soaring food prices put added strain on...

Grants scheme announced for Nicosia entrepreneurs

The announcement has been made for the 3rd Call for Applications for the Grants Scheme, aimed at supporting entrepreneurial...

Economic sentiment sees modest April uptick

In April 2024, the economic climate improved marginally, with the Economic Sentiment Index (ESI) increasing by 0.8 units compared...

Limassol office sold for €28 million

The 50 largest property deals in Cyprus totalled over €78 million in March, with a €28 million office complex...

Finance minister keeps options open on anti-inflation measures

The Minister of Finance has left all possibilities open regarding the new measures against inflation. Asked about it during the...

Japan’s yen jumps against the dollar on suspected intervention

The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try...

All News