Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued to show signs of moderation. According to the latest report of the Consumer Protection Service for April 2024, based on its price observatory, […]
Thursday’s weather is set to be mostly clear, with increased high cloud cover inland and in the southeast of the island at times. Increased levels of dust, which have persisted in the atmosphere in recent days, are expected to wane as the day goes on. Temperatures will rise to a high of 34 degrees Celsius […]
Shell (SHEL.L) expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade. Asian spot LNG prices rose last week to the highest levels since January […]
Britain’s regulators lack the mindset to boost growth and the financial sector’s global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of London said on Wednesday. Chris Hayward, policy leader at the City, which administers the capital’s financial district, said that a new public-private body is needed to attract […]
People living in the Troodos mountain area “should not be treated as second-class citizens”, Interior Minister Constantinos Ioannou said on Wednesday. He was speaking about the state of the Troodos hospital in the village of Kyperounta, which had been described as “disgraceful” by the House health committee in April, and which caused President Nikos Christodoulides […]
For years now, there have been attempts by the state to set up university clinics that would be used by the medical school of the University of Cyprus. The first attempt was made by the previous rector of UCy almost a decade ago, but it was resoundingly defeated by the vehement reaction of the government […]
British retailer Marks & Spencer (MKS.L) on Wednesday reported a 58 per cent rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong sales growth in both its food and clothing divisions.
