6 h. ago UK firms cut staff before Reeves’ tax hike, PMI survey shows

British businesses are cutting staff at the fastest pace in more than four years ahead of a tax increase ordered by finance minister Rachel Reeves which has already prompted suppliers to jack up their prices, a survey showed this week. The preliminary reading of the UK S&P Composite Purchasing Managers’ Index (PMI) for February dipped […]

Politics

7 h. ago Bank of Israel expected to hold rates again after inflation spike

The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts believe a rate cut is possible in the coming months should price pressures ease. All 13 economists polled by Reuters said they expected the central bank to keep its benchmark […]

Politics

24 h. ago Meta reduces stock options for staff despite trading at record highs, FT reports

Meta Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading at record highs this month, the Financial Times reported on Thursday. Employees receive equity refreshers every year that make up the majority of their remuneration, alongside […]

Politics

30 h. ago Britons cheer up a bit, helped by Bank of England rate cut, survey shows

British consumers turned a little less pessimistic this month as the Bank of England’s latest interest rate cut led to an improvement in expectations for their household finances, according to a survey published on Friday. The monthly consumer confidence index published by market research firm GfK edged up in February to -20 from January’s -22 […]

Politics

46 h. ago 500,000 smart meters to transform Cyprus’ energy use by 2028

Households and businesses across Cyprus will soon have better control over their electricity costs, thanks to the nationwide rollout of smart meters by the electricity authority of Cyprus (EAC). With 500,000 smart meters set to be installed by 2028, the ambitious project aims to help consumers monitor their energy usage in real-time while enhancing the […]

Politics

3 d. ago UK inflation jumps more than expected in January, testing the BoE’s outlook

British inflation sped up by more than expected to hit a 10-month high of 3 per cent in January and is likely to rise further soon, testing the Bank of England’s confidence that price pressures will ease over the longer term. The BoE and economists polled by Reuters had expected inflation to rise by less, […]

Politics

3 d. ago HSBC eyes $1.8 billion in cost cuts by 2026 as new CEO looks to boost returns

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound geopolitical changes. The Asia-focused lender booked earnings for 2024 that beat market expectations and announced a new $2 billion […]

Economics

3 d. ago Deputy Minister Hadjimanolis visits Brussels for roundtable discussions

Deputy Minister for Shipping Marina Hadjimanolis, is set to visit Brussels to participate in the high-level roundtable, ‘Fisheries and Oceans Dialogues: Help Design the European Ocean Pact’. This follows an invitation from the EU Commissioner for Fisheries and Oceans, Costas Kadis. In preparation for Cyprus’ upcoming European Union Council presidency in early 2026, Hadjimanolis will […]

Politics

4 d. ago Cyprus Says Egypt’s Infrastructure Helps Unlock Potential of Its Gas Reserves

Cyprus Says Egypt’s Infrastructure Helps Unlock Potential of Its Gas Reserves  Asharq Al-awsat - English

Politics

4 d. ago Cyprus logs lowest remote work rate in Europe, at 22 per cent

Cyprus recorded the lowest rate of people working remotely in Europe in 2024, at just 22 per cent, a sharp contrast to the Netherlands, which topped the chart with 83 per cent. This information from Eurofound reveals significant differences in remote working opportunities across European countries, with a clear split gender. In Cyprus, the majority—78 […]

Politics

4 d. ago Trump, Musk target tax enforcers, rocket scientists, bank regulators for job cuts, DOGE in full flow

President Donald Trump’s administration targeted bank regulators, rocket scientists and tax enforcers for dismissal, as a federal judge gave the green light for its unprecedented remaking of the US civil service, at least for now. With Trump’s blessing and praise, tech billionaire Elon Musk’s Department of Government Efficiency, or DOGE, has swept through federal agencies […]

Events

4 d. ago Bank of Cyprus Profits Jump 4%, Bringing Dividends to Shareholders

Bank of Cyprus Profits Jump 4%, Bringing Dividends to Shareholders  The National Herald

Economics

4 d. ago Total Control 24 reviews (consumer report analysis) Is it a safe and legit prostate health supplement to try? 

Total Control 24 is specially formulated to support prostate health and promote optimal urinary function. Packed with key nutrients and natural ingredients, it helps maintain a healthy prostate while addressing common urinary challenges. By improving blood flow and reducing discomfort linked to aging, Total Control 24 aims to enhance overall well-being and quality of life […]

Politics

4 d. ago Tens of thousands of Palestinians flee West Bank refugee camps

Tens of thousands of Palestinians living in refugee camps in the occupied West Bank have left their homes as a weeks-long Israeli offensive has demolished houses and torn up vital infrastructure in the heavily built up townships, Palestinian authorities said. Israeli forces began their operation in the refugee camp in the northern West Bank city […]

Events

4 d. ago Higher proportion of migrants does not mean more crime, German institute says

A higher proportion of foreigners in Germany does not lead to a higher crime rate, a research institute said on Tuesday, five days ahead of an election in which violent attacks linked to migrants have pushed security to the top of the agenda. In an analysis of police statistics from 2018 to 2023, the Ifo […]

Events

5 d. ago Eurobarometer: EU should prioritise social issues, Cypriot youth say, social media top news source

The EU should prioritise social protection, as well as issues related to the cost of living and the need to create jobs, according to young people from Cyprus aged 16 to 30 that participated in the latest Eurobarometer youth survey, while the EU average focused on rising prices and the cost of living, climate change and job creation.

Politics

5 d. ago HSBC shareholders support restructuring, aiming for higher returns

Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets activity. Four shareholders, including two of the 20 largest, said last month’s decision to axe HSBC’s mergers and equity capital markets teams in the […]

Sport

5 d. ago DexBoss: The ultimate pick for massive gains among the top 4 coins to watch in the next Crypto bull run!

The crypto market is always filled with multiple investment choices. While some coins grow enormously others move at a steady pace, however, finding hidden gems that could help gain massive profits in the next crypto bull run is a big task. The crypto market is highly volatile and investors are constantly on the lookout for […]

Politics