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12° Nicosia,
09 January, 2025
 

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Displaying results 1081-1110 of 2642 matches for query Economy.

1081. Strongest work-from-home rights for Australians

https://knews.kathimerini.com.cy/en/news/strongest-work-from-home-rights-for-australians

Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....

1082. Jordan and EU strengthen energy ties via Cyprus

https://knews.kathimerini.com.cy/en/news/jordan-and-eu-strengthen-energy-ties-via-cyprus

The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman. ...

1083. Is Poland upset with Ukraine?

https://knews.kathimerini.com.cy/en/news/is-poland-upset-with-ukraine

The eastern flank of the European Union — particularly Poland — continues to play a crucial role in helping Ukraine fight against Russia’s invasion. A recent diplomatic squabble over grain imports, compounded by historical issues, puts the once-stable footing at risk....

1084. Unemployment sees significant drop, down by 6.8% in July 2023

https://knews.kathimerini.com.cy/en/news/unemployment-sees-significant-drop-down-by-6-8-in-july-2023

The unemployed persons, registered at the District Labour Offices on the last day of July 2023, reached 13,187 persons, with their number decreasing by 958 persons or 6.8%, compared to July 2022, according to data published by the Statistical Service of Cyprus on Thursday....

1085. First woman chairperson for INTERMEPA

https://knews.kathimerini.com.cy/en/news/first-woman-chairperson-for-intermepa

The International Marine Environment Protection Association INTERMEPA announced the election of Semiramis Paliou as its first woman Chairperson on Wednesday. ...

1086. Eurobank Cyprus reports soaring profits amid rising interest rates

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

1087. Fuel companies announce significant price hikes

https://knews.kathimerini.com.cy/en/news/fuel-companies-announce-significant-price-hikes

Looking at the average prices across Cyprus, we found that the average price of unleaded 95 petrol increased yesterday afternoon, Tuesday, compared to the morning, and now stands at 1.5 euros per liter....

1088. Prices of homes and apartments up 7.7% annually

https://knews.kathimerini.com.cy/en/news/prices-of-homes-and-apartments-up-7-7-annually

The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....

1089. Retail trade soars by 8.4% in June

https://knews.kathimerini.com.cy/en/business/retail-trade-soars-by-8-4-in-june

Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....

1090. Fuel prices on the rise in Cyprus

https://knews.kathimerini.com.cy/en/news/fuel-prices-on-the-rise-in-cyprus

The prices of fuel in Cyprus are continuously increasing, putting a financial burden on many Cypriot citizens. Last week, the Representative of the Pan-Cyprian Consumer Association, Marios Drousiotis, estimated that there will be another increase of 2-3 cents in prices within days....

1091. Melco Announces Unaudited Second Quarter 2023 Earnings

https://knews.kathimerini.com.cy/en/business/melco-announces-unaudited-second-quarter-2023-earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

1092. CEO of Hellenic Bank placed on leave

https://knews.kathimerini.com.cy/en/news/ceo-of-hellenic-bank-placed-on-leave

The Hellenic Bank's CEO, Oliver Gatzke, has been placed on mandatory leave with full pay after informing the bank of his decision to terminate his employment contract, effective from July 22, 2024, when the contract was due to expire....

1093. Miss Cypriot Beauty 1971: A journey through time

https://knews.kathimerini.com.cy/en/comment/opinion/miss-cypriot-beauty-1971-a-journey-through-time

"This fabric is an old curtain from Ledra Palace," she says, caressing the covering tenderly that she uses to cover her sofa, in a cool, oasis-like elevation within her elegant home in Kato Arodes, Paphos. ...

1094. Government achieves €155.5M surplus in 2023

https://knews.kathimerini.com.cy/en/news/government-achieves-€155-5m-surplus-in-2023

Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus. ...

1095. European leaders standing firm against Erdogan's tactics

https://knews.kathimerini.com.cy/en/news/european-leaders-standing-firm-against-erdogan-s-tactics

Turkish President Recep Tayyip Erdogan is riding high after extorting Europe and forcing not only Sweden but also NATO to humiliate themselves as supplicants caving to extortion. ...

1096. Europe dominates 7/10 searched summer getaways

https://knews.kathimerini.com.cy/en/news/europe-dominates-7-10-searched-summer-getaways

The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....

1097. Hyperion, Limassol's new skyline wheel

https://knews.kathimerini.com.cy/en/news/hyperion-limassol-s-new-skyline-wheel

Limassol could soon have its own captivating observation wheel, similar to the famous London Eye....

1098. ECB dilemma with core inflation at 5.5%

https://knews.kathimerini.com.cy/en/news/ecb-dilemma-with-core-inflation-at-5-5

The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....

1099. Cyprus banks witness €52.3B growth

https://knews.kathimerini.com.cy/en/news/cyprus-banks-witness-€52-3b-growth

Deposits in the Cyprus banking system rose significantly in June totalling €52.3 billion, while liquidity in the banking system amounted to €27.2 billion....

1100. Lawsuit threatens €284.5M PDO halloumi industry

https://knews.kathimerini.com.cy/en/news/lawsuit-threatens-€284-5m-pdo-halloumi-industry

Shortly before the completion of a year (July 22, 2022) since the agreement between the Ministry of Agriculture, producers, cheesemakers, and KEVE, and the implementation of the terms of the European Regulation in the halloumi production chain, it seems that Cyprus' protected cheese is facing new challenges....

1101. Uber driver saves over $1,000 monthly with Tesla

https://knews.kathimerini.com.cy/en/news/uber-driver-saves-over-$1-000-monthly-with-tesla

Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren. ...

1102. Rapid expansion for Cyprus Airways

https://knews.kathimerini.com.cy/en/news/rapid-expansion-for-cyprus-airways

Cyprus Airways in the first half of 2023 carried a total of 260,000 passengers marking a steep increase of 300% year on year, while it doubled its operations compared with June of last year....

1103. A long journey always begins with a small step

https://knews.kathimerini.com.cy/en/comment/opinion/a-long-journey-always-begins-with-a-small-step

The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....

1104. Primetel assures unchanged services amidst administration

https://knews.kathimerini.com.cy/en/business/primetel-assures-unchanged-services-amidst-administration

Primetel continues to own the rights to Omonia Nicosia and AEK Athens, as before, Primetel manager Marios Kallias clarified while speaking to K. As he said, nothing changes, not only for TV rights but for all issues and all services that the company provides....

1105. Telecom giant Primetel faces administration

https://knews.kathimerini.com.cy/en/news/telecom-giant-primetel-faces-administration

In a recent development, Primetel, a prominent telecommunications company, has entered administration. The company officially informed the Office of Electronic Communications and Postal Services about this significant change in its status....

1106. Concerns over food crisis and rising prices

https://knews.kathimerini.com.cy/en/news/concerns-over-food-crisis-and-rising-prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

1107. Cyprus' cheapest petrol stations revealed

https://knews.kathimerini.com.cy/en/news/cyprus-cheapest-petrol-stations-revealed

In Cyprus, the average price of unleaded petrol 95 stands at €1.381 per litre, with the lowest cost recorded at €1.323 per litre and the highest at €1.438 per litre....

1108. Platres Mayor proposes university units in Troodos

https://knews.kathimerini.com.cy/en/news/platres-mayor-proposes-university-units-in-troodos

Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....

1109. Brexit regrets: The UK's changing tune on EU exit

https://knews.kathimerini.com.cy/en/news/brexit-regrets-the-uk-s-changing-tune-on-eu-exit

British nationals are expressing increasing regret over the decision to leave the European Union, according to a recent YouGov survey. Despite Prime Minister Rishi Sunak's claims that Brexit brought benefits to the UK, over half of the population would now vote to remain in the EU if a referendum were held again....

1110. Global economy faces $590 trillion storm

https://knews.kathimerini.com.cy/en/news/global-economy-faces-$590-trillion-storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

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