TECHNOLOGY TechIsland, Invest Cyprus team up to attract global tech investment Shemaine Bushnell Kyriakides In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector. READ MORE
UK diesel car sales slump by more than a third Sales were inflated in March last year, when customers brought forward purchases to beat a tax rise Source: Reuters 05/04/2018 | BUSINESS
J&P starts to pay workers again Saudi Arabia employees get paid but Cypriots have to wait a little longer Newsroom 05/04/2018 | BUSINESS
China retaliates for US tariffs, slaps duties on soybeans, planes, autos Beijing’s list of 25% additional tariffs on US goods to match the $50 billion targeted on Washington’s list Source: Reuters 04/04/2018 | BUSINESS
Cyprus Cooperative Bank gets €2.5 billion deposit Government boosts Co-op coffers as bidding investors contemplate options Newsroom / CNA 03/04/2018 | BUSINESS
Gross average monthly earnings begin to rise According to official data earnings were in negative territory for three years Newsroom 03/04/2018 | BUSINESS
Ukraine's Privatbank files $3 billion lawsuit against PwC subsidiaries Ukraine’s largest bank sues Ukrainian and Cypriot subsidiaries of international accounting firm PwC for alleged breaches Source: Reuters 02/04/2018 | BUSINESS
Strike-hit Air France expects 75% of flights to operate The flag carrier’s unions have called for action on Tuesday and on April 7 and plan further walkouts on April 10 and 11 Source: Reuters 02/04/2018 | BUSINESS
A majority of young Cypriots work weekends The figure of 36% is higher than the European average Newsroom 02/04/2018 | BUSINESS
China hammers US goods with tariffs sparks of trade war fly in tit-for-tat moves Source: Reuters 02/04/2018 | BUSINESS
Hourican is one of the best paid Irish bankers Bank of Cyprus CEO is also streets ahead of other executives at the institution Newsroom 02/04/2018 | BUSINESS
TECHNOLOGY
