Arrest after man found with bags of heroin
A 25-year-old has been arrested after he was found in Nicosia with bags of heroin in his possession, police said on Friday.
Following reports of suspicious behaviour in the area ...
Russia curbs access to BBC Russian service and Radio Liberty
Russia’s communications watchdog has restricted access to the Russian-language websites of the BBC and Radio Liberty for spreading what it cast as false information about the conflict in Ukraine.
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Investors warn of unintended consequences as companies cut Russian ties
A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow’s invasion of Ukraine, but urged ...
Hong Kong retail chains ration staples to curb Covid panic buying
Two of Hong Kong’s largest consumer retail chains started rationing some food and drug items on Friday to curb panic buying that has plagued the city over the past ...
Ukraine’s tech diaspora races to mobilize Silicon Valley in war with Russia
Ukrainians working at Western tech companies are banding together to help their besieged homeland, aiming to knock down disinformation websites, encourage Russians to turn against their government, and speed delivery ...
Cyprus Business Now
Rising fuel costs, electricity, fruit and vegetables have caused inflation to go up by 6.6 per cent in February, according to data published on Thursday by the Cyprus Statistical Service (Cystat).
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Unemployment falls to 6.3 per cent in fourth quarter
Unemployment fell to 6.3 per cent of the workforce in the fourth quarter of 2021, compared to 8 per cent in the corresponding quarter of 2020.
According to a labour force survey conducted by ...
VAT reduction only solution, fuel industry stakeholders say
By George Pirishis
In an effort to contain costs from the rising fuel prices, the government has decided to temporarily reduce the excise tax on petrol and diesel by 7 cents ...
Nicosia tops FT rankings for human capital and lifestyle
Nicosia has topped the Financial Times supplement FDI Intelligence’s rankings for human capital and lifestyle in small European cities for the fourth consecutive year, the Nicosia Chamber of Commerce ...
Our View: Petrol tax cut, although welcome, sets a dangerous precedent
The council of ministers decided on Thursday to reduce the consumption tax on fuel and forwarded the relevant bill to the legislature for immediate approval. Consumption tax on petrol and ...
Macron launches re-election bid to protect French from ‘world’s disorders’
French President Emmanuel Macron said on Thursday he would run for a second term in April’s elections, seeking a mandate to steer the euro zone’s second-largest economy through ...
Nike, IKEA close Russian stores as sanctions, trade restrictions bite
Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and supply shutdowns added to political pressure for companies to stop business ...
Sabre, Amadeus pull Russia’s Aeroflot from ticket-booking systems
Travel booking software provider Sabre Corp SABR.O said on Thursday it has terminated its distribution agreement with Aeroflot AFLT.MM, hurting the Russian flag carrier’s ability to sell ...
SpaceX chief Musk warns that its Starlink system could be ‘targeted’ in Ukraine
SpaceX chief Elon Musk warned there was a high chance the company’s Starlink satellite broadband service could be “targeted” in Ukraine, which has been hit by Russian invasion.
The ...
‘Home for Women’ handled more than 450 cases during pilot programme
By Elias Hazou and Gina Agapiou
The ‘Home for Women’ has handled more than 450 cases during its operation on a trial basis, while its establishment testifies to Cyprus’ efforts to ...
Top-level meetings on economic impact of Ukraine invasion (Updated)
The problems Cyprus is facing from the EU ban on Russian flights, and other impacts on the economy from Russia’s invasion of Ukraine are to be at the centre ...
Ukraine, Russia agree on need for evacuation corridors as war rages (Update 4)
Russia and Ukraine have agreed on the need to set up humanitarian corridors and a possible ceasefire around them for fleeing civilians, both sides said after talks on Thursday, in ...
One of two escaped fugitives detained until trial
One of the two men who escaped from Paphos police station earlier in February was on Thursday referred directly to trail before the Paphos criminal court over a series of ...
Coronavirus: Two deaths, 2,046 people test positive (Updated)
Authorities on Thursday announced two more deaths attributed to Covid-19, while testing detected 2,046 new positives.
The latest fatalities were a woman aged 72, who passed away on Wednesday; and a 55-year-old ...
House pares down number of municipalities to 20 (Updated)
The House on Thursday passed three bills comprising the much-delayed reform of local government, rearranging and consolidating the current 30 municipalities into 20.
The legislation relating to municipalities passed with 52 votes for, ...
Fuzz Bus plays with special guests Alexis Sunder
Psychedelic jazz rockers Fuzz Bus return to Larnaca and Savino Live on Friday, March 11 for their first gig of 2022. Adding to the performances of the night, the band will be ...
Revamp of Larnaca’s Pattihio park to start this year
The revamp of the largest urban park in Larnaca, Pattihio, estimated at over €3.5m, is expected to start within this year, Larnaca Mayor Andreas Vyras said Thursday.
The environment department ...
Britain ponders law change to hit Russian oligarchs with sanctions
Britain is considering changing the law to make it easier to impose sanctions on Russian oligarchs, a government source said, amid criticism that it was taking too long to target ...
End of the Roman empire: Tuchel tries to cancel noise on tumultuous day
Chelsea manager Thomas Tuchel and his players emerged from a tumultuous day with victory on the pitch on Wednesday but their 3-2 FA Cup win at Luton Town was a ...