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61. Lackluster sales show consumer hesitation and vigilance

From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....

62. Navigating 'Black Friday': Discounts vs. reality

Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....

63. Master the art of Black Friday shopping

As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....

64. Gov't committee calls for stronger measures to safeguard consumers

The Parliamentary Committee on Commerce identified legislative gaps in consumer protection during a meeting on Tuesday. Committee Chairman Kyriakos Hatzigiannis expressed concerns about the limited deterrent role of the Consumer Protection Agency and highlighted significant gaps in its programs...

65. Will Black Friday's shopping basket be lighter this year?

The November market outlook differs this year....

66. Russian tycoons secure bargains as multinationals retreat

In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....

67. McDonalds Israel in the hot seat for giving away 100,000 free meals to soldiers

Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....

68. How blockchain technology is reshaping financing

In this age of technology, digital transformation, and the omnipresence of the internet, alternative digital financing is emerging as an innovative and effective solution for both businesses and individuals in need of financial support....

69. Aegean Airlines expands winter routes for '23-'24 season

Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...

70. Online applications open for child tuition and feeding subsidy scheme

As of August 28, 2023, parents of eligible children up to four years old can apply for the Child Tuition and Feeding Subsidy Scheme through a dedicated online platform. The initiative aims to provide financial support to parents for early childhood education and nutrition....

71. Oregon's magic mushroom trials draw thousands

Psilocybin tea, wind chimes and a tie-dye mattress await those coming to an office suite in Eugene to trip on magic mushrooms....

72. U-turn on school bus fare hike

In a reversal that has quelled widespread apprehension, school bus fares will not be subject to an increase after all. The issue has spurred heated debates among organized parents and the Department of Transportation....

73. Step up, weigh in! Korean Air weighs passengers for safety

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. ...

74. 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. ...

75. 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. ...

76. Nicosia encourages green transportation with new policy

Effective Saturday, July 1, the Nicosia Municipal Council will implement new parking fees in municipal parking areas, following a decision made on April 20, 2023. ...

77. Backlash over Cyprus' VAT refund change

The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....

78. The 'holiday scam': Protecting yourself when booking online

An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...

79. Surge in fraudulent accommodation scams targets holidaymakers

The director of the Electronic Crime Sub-Directorate, Andreas Anastasiades, has issued a warning about a surge in fraudulent activities where criminals are posing as tenants or owners of houses, apartments, and hotels....

80. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

81. The MBS Wellbeing Day

82. California: Electricity bills based on your paycheck

Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....

83. May Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

84. Moscow hopes Russian fire probe leaves nothing out

Moscow says it is still waiting for official conclusions on what caused the fire at the Russian cultural center in Nicosia last month, with local media saying Cypriot officials were leaning towards an accident but no report has been finalized...

85. Airlines now have more power thanks to Covid-19

The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...

86. Glitch gone wrong: Japan's largest airline cancels $10,000 tickets sold for $300

Japanese airline All Nippon Airways will not honor the deeply discounted first and business-class tickets mistakenly sold in a currency glitch last week, the airline announced Tuesday....

87. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

88. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

89. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

90. Cyprus seeks understanding on shipping woes

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping minister said on Friday...