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571. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

572. Oil surges after attack on Saudi oil facilities

Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply. ...

573. US ambassador cautions Nicosia over 5G

Nicosia is feeling the pressure over 5G technology as the Republic is caught in an international tech war between superpowers, only months away from state-owned Cyta making a move to upgrade its network...

574. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

575. Tourism staggers but officials still hope

Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...

576. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

577. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

578. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

579. Stepping into power, Johnson seeks more diverse cabinet

Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal. ...

580. Boris Johnson set to become next UK PM

Boris Johnson is expected to be elected leader of Britain’s governing Conservative Party and the country’s next prime minister on Tuesday, tasked with following through on his “do or die” pledge to deliver Brexit in just over three months time. ...

581. Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

582. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

583. Which way will SYRIZA go?

It will take a couple of months before we see what kind of style SYRIZA plans to adopt in its reprised role as the country’s main opposition party. For the time being at least, it appears willing to cut some slack to the new government of Prime Minister Kyriakos Mitsotakis. ...

584. Britain says Iran attempted to block its oil tanker

Three Iranian vessels tried to block the passage of a British ship through the Strait of Hormuz but withdrew after warnings from a British warship, the British government said on Thursday. ...

585. Deutsche Bank axes 18,000 jobs

586. The liberal narrative and the risks

587. EY Cyprus announces four new Partners

EY Cyprus announces the appointment of four new Partners. Nicolas Pavlou, Katerina Mina, Sakis Moyseos and Panayiotis Thrasyvoulou, who are expected to take up their new role as of 1 July 2019...

588. When necessity becomes history

589. GCC awarded by Hewlett Packard Enterprise Southern Europe

Hewlett Packard Enterprise Southern Europe named GCC as “Top Solutions Provider Partner of the Year” for Greece and Cyprus markets ...

590. Johnson and Hunt fight for British PM job

591. Chinese Ambassador to Cyprus: No one stands to win in a trade war

592. The Cypriot company that feeds the world with coal

Carbo One Ltd is one of the biggest players in the world coal market with an almost 20 year experience, circulating more than 75 million tons of the good...

593. Bank culture should change Central Bank Governor says

594. Five new Partners at PwC Cyprus

PwC Network member firms in Cyprus, PricewaterhouseCoopers Ltd and S.A. EVANGELOU & CO LLC are pleased to announce the admission of five new Partners who will take up official duties from 1 July 2019...

595. Cyprus 10-year bond now below 1%

596. Five new Partners at PwC Cyprus

PwC Network member firms in Cyprus, PricewaterhouseCoopers Ltd and S.A. EVANGELOU & CO LLC are pleased to announce the admission of five new Partners who will take up official duties from 1 July 2019...

597. Eurobank posts €10 million first quarter profit

598. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

599. Game of Thrones divisive ending leaves fans sad, mad

600. EU regulators fine five banks 1.07 billion euros for forex rigging