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211. A record 4.5 million Americans quit their jobs in November

A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quits rate to 3%, matching the high from September....

212. EU parliament demands new rules to support legal labor migration

Proposals to ease legal labour migration to Europe are needed by the end of January 2022, to overcome the challenge of an ageing population and of skills shortages, according to a press release sent by the European Parliament office....

213. Mandatory vaccination of NHS workers in England from spring

The British government is expected to announce later in the day that front-line staff of the NHS National Health Service in England will be required to have been vaccinated against coronavirus by April....

214. New measures to attract new businesses and property purchases

The day before yesterday, YPOIK announced a new support package aimed at attracting foreign companies to operate in Cyprus....

215. Confession app highlights how AI could render white collar jobs obsolete

Technology is an integral part of the daily life of many people, both personally and professionally....

216. Cargo imports into Dubai airport to be restricted from Tuesday

Dubai will restrict imports of cargo into its international airport for six days from Tuesday to clear a backlog caused by “extraordinarily high” volumes of inbound shipments....

217. Robots give Greece’s postal service speed boost

There’s a new addition to Greece’s postal service: a fleet of yellow robots sorting through the mail....

218. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

219. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

220. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

221. 2021 KPMG CEO Outlook Pulse Survey

222. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

223. COVID-19 is adding new impetus to finance transformation

224. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

225. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

226. COVID-19 calls for digital technology investments in oil and gas

Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...

227. EY and P&G expand COVID-19 alliance

EY announces an expanded alliance with P&G to transform and build supply chain resilience during and beyond the COVID-19 pandemic...

228. Greece, US affirm commitment to boosting ties after high-level review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

229. EP adopts resolution condemning Turkey's EastMed activities

With 601 votes in favour, 57 against and 36 abstentions, the European Parliament adopted a Resolution condemning Turkey’s activities in the EEZ of Greece and Cyprus, ahead of next week’s extraordinary European Council summit that will focus on the heightened tensions in the eastern Mediterranean....

230. Cyprus-Piraeus ferry connection by May 2021 viable

The goal of launching the Cyprus-Greece ferry connection in May 2021 is on track, the Cyprus deputy shipping minister Vasilis Demetriades said Tuesday....

231. Cyprus sees glimmer of hope with Chevron

The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...

232. Over half of EMEA private businesses expect revenue to decline

233. Nigerian students say north is safe

Following danger warnings and criticism against Turkish Cypriot colleges, Nigerian student representatives in the north have refuted reports of mysterious and unsolved killings of fellow countrymen on the island...

234. EU pushes to unlock borders as coronavirus ravages travel

235. Companies in Cyprus ready for the new norm

CFOs in Cyprus appear more pessimistic in the second round of the survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy...

236. President gives thanks to nurses and midwives

President Nicos Anastasiades expressed the government’s and his own “deep gratitude” toward nurses and midwives for their valuable contribution in protecting the public’s health....

237. Exit roadmap foresees economy on recovery path by Q3 2020

Finance Minister Constantinos Petrides said Thursday that the government’s lockdown exit roadmap, aspects of which were presented by the President on Wednesday night, aims to see the island’s economy on the path of recovery by the fourth quarter of this year....

238. Larnaca and Paphos to launch targeted sampling

The government is planning to draw up a plan for targeted coronavirus sampling among the residents of Larnaca and Paphos, which host the highest numbers of confirmed cases, the Health Minister announced on Thursday. ...

239. Island braces for coldest weather in 3 years with high levels of dust

The atmosphere on Thursday was permeated with high levels of dust, as the island braces for the coldest temperatures recorded in the last three years...

240. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...