BANKS Eurobank opens Mumbai office, links India–Europe payments Newsroom Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies. READ MORE
Alpha Cyprus gets new owner Seven million deal makes no noticeable changes for viewers Newsroom 11/04/2018 | BUSINESS
Tesco beats guidance with 28 percent full-year profit increase The supermarket group made an operating profit before exceptional items of 1.644 billion pounds Source: Reuters 11/04/2018 | BUSINESS
Revenue from tourism spikes 8.5% in January Income from tourism reached €38.4 million in January compared to €35.4 million in the same month of 2017 Newsroom 10/04/2018 | BUSINESS
Hundreds of flights cancelled in Germany as airports hit by public sector strikes Lufthansa said it was cancelling more than 800 of its planned 1,600 flights on Tuesday Source: Reuters 10/04/2018 | BUSINESS
Limassol company fined €8000 for oil pollution Authorities issue out of court fine on the spot Newsroom // | BUSINESS
Privatisation of Co-op may lead to the creation of a 'bad bank' The Finance Ministry deposited €2.5 billion in the CCB to allay fears over a bank run Newsroom / CNA 06/04/2018 | BUSINESS
Uber to suspend service in Greece after new legislation It operates a licensed service in Athens has faced opposition from local taxi drivers who accuse it of taking their business ... Source: Reuters 05/04/2018 | BUSINESS
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