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1381. The new investment game

Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...

1382. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

1383. Prices of consumer goods and services up 4.7% in November

The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....

1384. Prices of construction materials up by 17.87% in November

The Price Index of Construction Materials for November 2021 recorded an increase of 17.87% compared to the same month of the previous year, according to data released Friday by the Statistical Service of Cyprus....

1385. Turkish lira blows through 15 to dollar ahead of rate decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

1386. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

1387. Elon Musk named Time magazine's '2021 Person of the Year'

Elon Musk has been named Time magazine's 2021 Person of the Year. ...

1388. Alphamega Hypermarkets launches new store in Trimiklini

Alphamega Hypermarkets is adding another hypermarket to its network....

1389. Mammoth 1.3 Billion euro fine to Amazon

Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe....

1390. Chanel's controversial $825 advent calendar

A TikTok showing the contents of Chanel’s $825 advent calendar has gone viral after users chastised the company for what they say are paltry products included in the pricey holiday item....

1391. Germany's new chancellor

Olaf Scholz became Germany’s ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure....

1392. K. Treppides & Co Ltd: Social Media and Investment Recommendations

It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...

1393. Erdogan's threatening statements after Larnaca mosque attack (Update)

A few hours ago, the representatives of the Turkish government made statements about the attack on the mosque located in the coastal zone of Larnaca....

1394. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1-Q3 2021

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 – Q3 of 2021....

1395. Vaccine inequality

The new 'Omicron' mutation is the result of a lack of vaccination solidarity between developed and developing countries, experts and those who had previously called for vaccines to be sent to less privileged countries warn...

1396. 100 euro fine for unvaccinated Greeks

Greece said on Tuesday it would make Covid-19 vaccinations mandatory for people aged 60 and over, a drastic step for the country grappling with a new surge in coronavirus cases....

1397. Why not take a subsidized holiday in beautiful Cyprus?

The Ministry of Tourism, after the approval of the Council of Ministers, announces the extension of the duration of the Domestic Tourism Support Plan for the period from December 1, 2021 until March 31, 2022....

1398. Black Friday: No comparison to previous years (images)

This year's Black Friday did not compare to previous years in terms of retail sales. The images in stores selling electrical appliances, electronic items and tech products, at least so far, have been disappointing....

1399. Cyprus gives huge incentives to go electric

Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....

1400. Employers must pay at least 28 euros per month to teleworking employees in Greece

Employers will have to pay a minimum compensation of 28 euros per month to each of their employees who are teleworking,...

1401. The 30th Auction of Greek and Cypriot Artworks

1402. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

1403. Troubling details emerge in stabbing death in Nicosia

Troubling details in the death of an asylum seeker, who was stabbed by a fellow compatriot outside their residential building, point to arguments over food, ambulance delays, and unspeakable living conditions among asylum seekers...

1404. A 'parked' cargo of 5 billion that no one can touch

With the market "drying up" and the anxious searching for raw materials, this aluminum stock is considered worth more than its weight in gold. ...

1405. Electric cars by MG have arrived in Cyprus

Michaels Electric Cars Ltd, the exclusive representative of MG MOTOR, inaugurated its new models, MG ZS EV, MG HS PLUG-IN HYBRID and MG 5 EV....

1406. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

1407. London Credit Fund Q3 2021 Results Exceed its 4 % pa target return

Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....

1408. US food banks struggle to feed hungry amid surging prices

U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation....

1409. Einstein’s scary secret: bizarre stories

Eleven bizarre tales that will blow your mind. ‘Einstein’s scary secret: bizarre stories’ by Andreas Kapandreou is definitely a page turner. It'll keep you on the edge of your seat while you delve into stories of the occult, metaphysics, parapsychology and the uncanny. ...

1410. The cost of Erdogan’s behavior

Driven by arrogance and his neo-Ottoman ambitions, Recep Tayyip Erdogan behaves as if Turkey is some sort of unbound superpower which is immune to criticism...