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Tuesday, March 19, 2024

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Economy

Turkish central bank raises credit card cash withdrawal rates

Turkey's central bank on Saturday raised the maximum interest rate on credit card cash withdrawals to 5% from 4.42%,...

Paphos tourism from Central Europe on the rise in 2024

Tourism from Central Europe to Paphos is expected to continue to grow in 2024, according to figures from the...

Volatile bitcoin falls from record high as crypto frenzy hits pause

Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to...

Microsoft singles out Google’s competitive edge in generative AI

Alphabet GOOGL.O unit Google enjoys a competitive edge in generative artificial intelligence due to its trove of data and...

Biden to say US Steel must remain domestically owned and operated

U.S. Steel Corp X.N, the $14.9 billion acquisition target of Japan's Nippon Steel 5401.T, must remain a domestically owned...

France proposes EU ban on exports of used clothes

France is proposing a European Union ban on exports of used clothes, the environment ministry told Reuters on Thursday,...

Cyprus tourism aims for resilience despite global turmoil

The Deputy Ministry of Tourism sets the target for 2024 to maintain tourist arrivals at the same levels as...

ANALYSIS-Putin grows war economy but incomes suffer ‘lost decade’

When President Vladimir Putin ran for re-election in 2018, he promised a "decisive breakthrough" in living standards. Six years...

Italy’s iconic kiosks crushed by failing newspaper sales

Fabiano Pompei's family has run a news kiosk close to Rome's imposing St. John Lateran Basilica since 1948. Marco...

Shell scales back 2030 carbon emissions target

Shell SHEL.L weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales...

Explainer: Why farmers are protesting in New Delhi?

Thousands of Indian farmers gathered in New Delhi on Thursday to demand higher guaranteed prices for crops, intensifying a...

Thousands of farmers rally in New Delhi to demand higher crop prices

Thousands of farmers rode buses and trains from across India to gather on Thursday at a rally in the...

Private credit ties to banks deepen in Europe as default risk rises

Europe's private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks...

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