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421. Twitter: Musk warns of the possibility of bankruptcy

422. British Airways goes gender neutral

British Airways will allow male pilots to wear make-up and carry handbags in an overhaul of the airliner's strict uniform rules....

423. Zuckerberg says 'sorry' as Meta lays off 1,000 employees

Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....

424. Effective management of the migration issue

Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....

425. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

426. Layoffs begin at Twitter as offices temporarily close

Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....

427. Passengers angry as turbulence shakes Cypriot airports

The Cypriot government is scrambling to put out fires in the aviation industry, with union ground handlers at Paphos airport forming a picket line to protest a merger downsize and leaving passengers stranded for hours in the terminal and on the tarmac...

428. Cyprus' hourly labor costs in 2020 was at €18.10, with some exceptions

Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....

429. Ten prison suspensions as police probe inmate’s murder

Ten guards and employees of Nicosia’s central prison have been suspended as police investigate the murder of a Turkish Cypriot inmate, with many details emerging but not adding up as suspects already in custody were thought to be friendly with the victim...

430. New Twitter owner Elon Musk fires top execs

Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform...

431. Another speed camera van shot at while on highway

Larnaca police are investigating an incident where a speed camera van parked along the highway was shot at, according to the driver who said he saw two persons on a motorcycle speeding away...

432. Limassol angry after downtown balconies collapse

Limassol officials pointed the finger at property owners on Thursday after two balconies collapsed downtown, highlighting a bigger problem in Cyprus where local authorities say they are often forced to pick up the tab for urgent repairs...

433. Why is simple so complex? Will robots take over my job?

This year's Digital Agenda Summit did not disappoint. Speakers from all parts descended on Nicosia to present their views on technology, AI, generation 'Z', our future work environment, the changes to our health management and where we are heading in the future....

434. Boulder smashes pickup truck on mountain road

A contractor in the road maintenance business thanked his lucky stars on Monday after he emerged unscathed when a huge rock fell on his pickup truck just outside a mountain community in Limassol district...

435. Government offers cash for whistleblower’s torched cars

The transport minister in the Republic of Cyprus has been credited with a Cabinet decision to compensate a state employee, whose family vehicles were torched after he blew the whistle on a car sales scam...

436. ‘We don’t need women to behave like men’

Nanna-Louise W. Linde is the vice president for European Government Affairs at Microsoft. An imposing presence, former model and mother of three, her life looks like something out of an episode of the Netflix series “Borgen” – she is Danish after all....

437. Police alarmed after speed camera van shot at

Police are investigating a shooting incident on the highway in rural Nicosia on Thursday night, when shots were fired at a traffic camera van injuring two employees who were on duty...

438. Average employee gross earnings up 3.2% in 2021

The average gross monthly earnings of employees for 2021 increased by 3.2% compared to 2020 to €2,067, reaching a decade high....

439. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

440. Companies fined for safety violations resulting in the death of a worker

Two companies were fined €19,000 and two people received suspended prison sentences as a result of criminal investigations into health and safety at work violations that resulted in the death of an employee and the endangerment of others at work. ...

441. How much loan can a couple with an income of €2,000 get?

Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....

442. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

443. €100 increase in average gross monthly earnings in Q2 2022

The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....

444. Self-employed more at risk of poverty in Cyprus and EU in 2021

In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....

445. Nouris: More foreign companies setting up shop in Cyprus

The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...

446. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

447. Woman forcibly takes savings from Beirut bank using toy gun (video)

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....

448. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

449. EU to set new rules on minimum wage

The need for the immediate adoption of an adequate minimum wage that will allow employees to live with dignity was discussed by the Plenary of the European Parliament on Tuesday, which is expected to vote on a relevant directive on Wednesday....

450. XM Ranks 2nd in ‘Best Medium Workplaces’ for Top 2022 European Employers

XM is beyond proud to announce that it has ranked second (2) in a list of Europe’s top employers in 2022, in the ‘Best Medium Workplaces’ category, as awarded by the Great Place to Work™ Institute...