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751. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

752. Pfizer's value sinks $144B on COVID changes

Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....

753. 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....

754. 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....

755. 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....

756. Southern Europe shines as affordable summer haven

In an analysis by Allianz Research, holidays in southern European countries retain their cost advantage over other "competitive" summer destinations worldwide, despite rising expenses. ...

757. 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....

758. 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....

759. Italy ends social income for its poorest citizens

The government of Prime Minister Georgia Meloni has decided to halt the granting of ''social income'' to unemployed and low-income citizens in Italy, starting August 1....

760. Tourism revenue up by over 40%

A significant increase of 40.7% on an annual basis was recorded in tourism revenue, based on the results of the Traveler Survey of the Cyprus Statistical Service....

761. Chinese fans embrace 'Barbie' for feminism

In recent years, China’s box office has been dominated by homegrown movies often with a nationalist lean, such as patriotic war epics. But this weekend, a different type of film captured national attention – one that’s decidedly American and bubblegum pink....

762. UK Cinemas thrive with Barbie and Oppenheimer

Vue International has said it had the biggest weekend for UK cinema ticket sales in four years following the release of Barbie and Oppenheimer....

763. 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....

764. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

765. 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....

766. 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....

767. 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....

768. Germany recruiting nurses from Latin America

Germany is continuing its efforts to recruit more nurses from countries in Latin America to tackle the ongoing labor shortage....

769. Global economy faces $590 trillion storm

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

770. 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. ...

771. The top 20 professions that can land you a European work visa

An astonishing number of 400 different occupations have been classified as shortage occupations in at least one European Union or Schengen Area member state, while another 321 different professions have been listed as a surplus in at least one of these countries....

772. Banking on success: Greek and Cypriot banks show remarkable credit improvement

Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....

773. 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. ...

774. 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, ...

775. Philippos Soseilos: Significant investment opportunities in Cyprus

776. 'French icon' Jane Birkin dies at 76, world mourns loss

The singer, actress, and fashion icon Jane Birkin has died at the age of 76....

777. Court battle looms as Cyprus faces EU scrutiny over professional qualifications

The European Commission decided to refer Cyprus and Malta to the Court of Justice of the European Union for incorrect transposition of EU rules on the recognition of professional qualifications, ...

778. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

779. Cyprus surpasses 40,000 solar installations

The Electricity Authority of Cyprus has taken actions to reduce the waiting time for the inspection of photovoltaic systems after installation....

780. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....