Insider/Economy
Economy
Rich migrants are welcome in Cyprus
Cyprus is considering easing residency permit requirements for foreign nationals under a proposed bill.
The proposed legislative changes would grant...
Economy
President announces increase in low pensioners Easter allowance
The President of the Republic, who chaired today's meeting of the Council of Ministers, announced an increase in the...
Business
Kition Ocean Holdings challenges government over Larnaca project
Using particularly caustic language against the Government and the Minister of Transport, Kition Ocean Holdings made a public statement...
Business
Tesla promises ‘more affordable’ cars after shelving all-new Model 2
Tesla TSLA.O said on Tuesday it would introduce "new models" by early 2025 using its current platforms and production...
Business
Tesla could start selling Optimus robots by the end of next year, Musk says
Tesla's TSLA.O humanoid robot is still in the lab, but it may be ready to sell as soon as...
Economy
Government spent €40 million on Ukrainian refugee accommodation, audit finds
An Audit Office report has revealed that the Cypriot government spent approximately €40 million for the accommodation of Ukrainian...
Economy
EU Parliament approves ban of products made with forced labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods...
Business
TUI announces expanded routes from Ireland, including Cyprus
Global tour operator TUI is extending its 2025 summer flight programme from Ireland, adding exciting new routes for holidaymakers....
Business
Adobe to bring full AI image generation to Photoshop this year
Adobe ADBE.O said on Tuesday it plans to place a tool for full artificial intelligence image generation in its...
Business
Larnaca Port investment guarantee in jeopardy
Uncertainty surrounds a €1.2 billion development project for the Larnaca port and marina after Kition Ocean Holdings failed to...
Economy
Electric car sales to rise but affordability in focus, IEA says
Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA)...
Business
Tesla cuts prices in China, Germany and around globe after US cuts
Tesla TSLA.O has cut prices in a number of its major markets, including China and Germany, following price cuts...
Economy
India’s polished diamond exports drop 27.5% as key markets falter
India's cut and polished diamond exports in 2023/24 plunged 27.5% from a year ago to a $15.97 billion due...
