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1441. 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....

1442. 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....

1443. Drone strikes hit Moscow's financial district

Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but two drone strikes in the heart of Moscow's financial district are forcing companies to think about their employees' safety....

1444. 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....

1445. Tokyo apologizes for offensive flyers to new moms

There’s nothing a new mother likes more than being told how to please her husband – right?...

1446. Rhodes' heartbreaking farewell

Standing outside the blackened shell of what used to be his restaurant, Dimitris Hajifotis laments a livelihood lost to wildfires raging on the Greek island of Rhodes this week....

1447. Deadly blazes strike Mediterranean nations

More than 40 people - most of them in Algeria - have been killed as devastating fires destroy homes, businesses and trigger mass evacuations....

1448. Building land for sale by AstroBank

AstroBank has listed building land for sale in the districts of Paphos, Nicosia and Larnaca....

1449. 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. ...

1450. Greece's wildfire crisis: Severity and root cause

Roaring fires have ripped through Greece, belching thick clouds of choking smoke and forcing tens of thousands of people to flee....

1451. 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....

1452. Greece tops billionaires' Mediterranean getaways

Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....

1453. Americans to require visas for EU in 2024

United States passport holders have long traveled throughout most of the world without having to worry about visa applications: American travelers currently have visa-free access to 184 destinations worldwide,...

1454. Calum Chase at the Digital Agenda Cyprus Summit

Calum Chase is a best-selling writer and sought-after speaker on artificial intelligence. He focuses on the medium- and long-term impact of AI on all of us as individuals, societies and economies....

1455. 24-year old awarded $18.8M in lawsuit over talc-based baby powder

A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....

1456. 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....

1457. Global economy faces $590 trillion storm

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

1458. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

1459. Athens wildfire affects almost 35,000 hectares

The area affected by the fire that broke out on July 17th in Neo Kouvara and spread to areas in Eastern Attica (Lagonisi, Saronida, Anavyssos) covers 34,724 hectares. ...

1460. Harmony of Flavors: An Exquisite Gastronomic Experience at L'Atelier Robuchon

When a restaurant that boasts the brilliance of Michelin stars meets one of the most renowned French wineries, aficionados of fine cuisine and premium quality wine emerge as the ultimate winners from this gastronomic combination! L'Atelier Robuchon, the jewel of Ayia Napa Marina, is hosting the unique event ‘Harmonie des Saveurs: A Refined Culinary Affair’ where refined flavors come together in a delightful harmony....

1461. Journalists brave sweltering heatwave across Europe

Millions of people in several parts of the world have been experiencing intense heat. ...

1462. New rule in NYC: Fines imposed for takeout extras

In an effort to reduce plastic use, New York will start fining restaurants and third-party delivery services that provide disposable utensils, soy sauce packets, and similar items without the customer requesting them....

1463. Varosha hotels now accepting bookings for 2025

The latest developments in Varosha have been brought to light by Yeni Bakis newspaper. ...

1464. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

1465. Digital ''One-Stop-Shop'' to access renewable energy projects in 2024

The Ministry of Energy, Commerce, and Industry announced on Monday the launch of the online "Digital One Stop Shop" platform, an action of the Recovery and Resilience Plan "Cyprus - Tomorrow", which, in the first phase, concerns the digital submission of applications for the licensing of renewable energy projects....

1466. Cyprus tourism soars by 22 percent in June

In a significant boost to Cyprus' tourism sector, the country experienced a surge of 22.7% in tourist arrivals during June 2023, compared to the same month the previous year. The Statistical Service of Cyprus released the latest data, revealing that a total of 456,985 visitors flocked to the island in June, surpassing the 372,324 arrivals recorded in June 2022....

1467. Bugs attack patrons in Paphos' restaurants

The chaos caused by an 'invasion' of Pangaeus bilineatus bugs in Kato Paphos over the past four days has been emphasized in recent reports by Philenews....

1468. DAAS-AI: Digital Agenda Alpha Stage AI start-up competition

The Digital Agenda introduces the Alpha Stage Start-ups Innovation Platform, where startups and innovation teams have the opportunity to participate in the Digital Agenda Alpha Stage Artificial Intelligence Competition, known as DAAS-AI, ...

1469. Philippos Soseilos: Significant investment opportunities in Cyprus

1470. Golden gathering: Hundreds of retrievers unite at Highland ancestral home

Hundreds of golden retrievers, and their owners, gathered at the Highland ancestral home of the breed....