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1141. Luxury residences in the works at Hilton Athens

Part of the agreement on the Hilton Athens hotel between Ionian Hotels and Hilton is for the landmark unit in the center of Athens to have about 50 luxurious private residences under the brands Conrad Residences and Waldorf Astoria Residences....

1142. 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...

1143. 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....

1144. 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....

1145. 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....

1146. 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....

1147. 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....

1148. Alphamega Hypermarkets launches new store in Trimiklini

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

1149. 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....

1150. 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...

1151. 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....

1152. The 30th Auction of Greek and Cypriot Artworks

1153. 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. ...

1154. 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%...

1155. 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....

1156. 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....

1157. Hertz orders 100,000 Tesla cars

Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...

1158. Russians fly to Cyprus to escape quarantine

Facing the toughest restrictions since the early months of the pandemic, many Russians have decided that now is an ideal time to fly off for a foreign beach holiday instead of hunkering down at home....

1159. Cyprus lacks 'snitches' to root out cartels

The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...

1160. Higher costs on goods are here to stay

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....

1161. Outlet mall west of Nicosia ready to open

A new price-slashing outlet mall on the western fringe of Nicosia is getting ready to open its doors to the public, hoping to bring a fun shopping experience based on a concept that tries to reconcile modernity with tradition...

1162. Apple slashes IPhone 13 production by as much as 10 million units

Apple may have to slash its production of IPhone 13 by as much as 10 million units, according to Bloomberg News....

1163. Thousands of property assets in Greece are up for auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

1164. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

1165. California: Turning air into water

The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices....

1166. KPMG in Cyprus announces partnership with RICS

KPMG in Cyprus and RICS have signed a collaboration agreement for the provision of services for the issue of the quarterly ''RICS Cyprus Property Price Index, with KPMG in Cyprus''....

1167. House approves overhaul in Cyprus’ power grid

The Cyprus Transmission System Operator is calling on people and companies who wish to take part in the electricity market to register for training seminars, following the passage of legislation that aims to put an end to state monopoly after years of debate and EU warnings...

1168. Fears of panic buying in the UK ahead of the Christmas season

Fears of panic shopping ahead of Christmas are being raised by market participants in Britain....

1169. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

1170. Cars for any budget

The Bank of Cyprus is putting unsold cars up for auction today, Tuesday 7th of September at 1500....