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271. Petrol sales down by 7.5% in December 2022

Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....

272. Germany to send Leopard tanks to Ukraine

Germany cleared the way on Wednesday for Europe to send scores of battle tanks to Ukraine, and Washington was poised to make a similar announcement - moves hailed by Kyiv as a potential turning point in the war and condemned by Moscow as escalation. ...

273. Cyprus and Austria have common line on migration

Cyprus and Austria will submit specific proposals next week on issues of cooperation with third countries, on issues of migrant returns and voluntary relocation, announced on Friday by Minister of Interior, Nicos Nouris....

274. Presidential candidate wants Cyprus in NATO

Cypriot presidential candidate Averof Neophytou says NATO membership would be a 'natural development' for the Republic of Cyprus, a divided island that continues to raise tensions between the western alliance’s members Greece and Turkey...

275. Could robot doctors fully replace human ones?

When it comes to healthcare, the popular artificial intelligence platform ChatGPT is becoming increasingly intelligent....

276. New Zealand's youngest prime minister resigns

New Zealand Prime Minister Jacinda Ardern announced in an emotional press briefing that she will step down, saying 'it's time'....

277. More mergers and acquisitions needed to bolster competitiveness

Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....

278. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

279. All flights across the US have been grounded

All flights across the US have been grounded due to a glitch with the Federal Aviation Administration's computer system....

280. Portugal's golden visa program netted €654.2 million in 2022

Investment in Portugal through golden visas in 2022 reached €654.2 million, representing a 41.9 per cent increase compared to the previous year....

281. Amazon to layoff 18,000 employees

Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....

282. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

283. Turkish asylum applications in Germany increased by 216%

A total of 20,802 asylum applications from Turkish nationals were received by authorities in Germany in the first 11 months of 2022, marking a significant increase compared to 7,873 applications filed under the same purpose during the same period in 2021....

284. Hollywood executives brace for ‘year of turmoil’ in 2023

Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....

285. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

286. More than 560,000 voters registered to vote

Approximately 561,000 voters are registered to vote in the upcoming presidential elections to be held in February, Chief Returning Officer Costas Constantinou told the Cyprus News Agency, but he noted that the number will be finalized on January 10th when the period for objections will expire....

287. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

288. Lack of 'discounts' for the holiday table

This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....

289. December Newsletter of K. Treppides & Co Ltd

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

290. US at the ready to lend support to Cyprus

Should disaster strike once again, the United States stands ready to lend its support, resources, and expertise to the Republic of Cyprus, US Ambassador Judith Garber assured, pointing out at the same time, that Americans have benefitted directly from the heroism and efficiency of the Civil Defense team in the past....

291. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

292. 'Generators of hope'

The war in Ukraine is continuing unabatedly. Every day we hear about new atrocities of seemingly indiscriminate bombing of civilians. But we also see deliberate and targeted attacks on critical civilian infrastructure, such as electricity transmission networks....

293. Hellenic CEO cleared of any wrongdoing

Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....

294. Nicosia stays course as economic growth loses steam

Cypriot public finances have improved due to increased growth, although they are expected to be adversely affected due to a projected slowdown in the next few months, according to the 13th Post-Programme Surveillance Report for Cyprus...

295. Bank's chairman buys BOC shares for 3 consecutive days

296. EC ban on flavored or heated tobacco products began yesterday

The Commission announced today that flavored or flavored heated tobacco products will be prohibited beginning today, Wednesday. Members have eight months to incorporate the delegated directive into their domestic legislation....

297. Complaints about Black Friday deals have begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

298. Rift over gas cap looms over EU energy crisis plans

EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...

299. Europe rushes to stock up on Russian diesel before ban starts

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited....

300. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...