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Europe’s third largest travel operator files for bankruptcy

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Europe’s third largest travel operator files for bankruptcy

FTI, a German tourism company, has filed for bankruptcy after failed negotiations with the government. The bankruptcy affects 11,000 employees and many travelers who have booked trips. The company had been struggling even before the pandemic and had received financial support from the government and other sources. Efforts are being made to ensure that current vacations can be completed and refunds will be handled by the Travel Insurance Fund.

Treasury boss ‘quite comfortable’ with company tax rate – Michael West

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Treasury boss 'quite comfortable' with company tax rate - Michael West

– Treasury secretary Steven Kennedy defended Australia’s company tax rate as appropriate and supportive of a sustainable federal budget.
– Australia’s tax system is not considered uncompetitive compared to global standards.
– Large companies in Australia are subject to a federal tax rate of 30%, while small or medium businesses face a 25% rate.
– The limited supply of new dwellings is making houses unaffordable for households.
– The pandemic has contributed to sluggish construction in the housing market.
– Supply chain bottlenecks and inflated costs of materials and financing are compounding existing structural issues in the housing market.

Google, ’s News Showcase launches in Cyprus

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Google, ’s News Showcase launches in Cyprus

Google has launched News Showcase in Cyprus, collaborating with publishers like Cyprus Mail, Dias Group, Digital Tree, MC Media, Phileleftheros Media Group, Politis, and SPP Media. The product allows publishers to create panels that engage readers and direct them to full articles on their websites. Google has signed News Showcase deals with over 2,700 publications globally and offers journalists training on fighting misinformation online.

June 9 elections enter final stage

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June 9 elections enter final stage

705,357 registered voters in Cyprus will be able to choose from over 7,000 candidates in elections for members of the European Parliament and local administration.

Shooting incident in Ohio results in the death of one man

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Shooting incident in Ohio results in the death of one man

A shooting in Ohio resulted in the death of one man and injuries to 26 others. The incident occurred early Sunday morning near Kelly Avenue and 8th Avenue. Initial reports stated that a 27-year-old man was killed, and several injured individuals were taken to local hospitals. The police, Akron Fire Department, and local authorities have not released additional information about the incident.

Is social media the be-all and end-all of marketing?

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Is social media the be-all and end-all of marketing?

Marketing professionals should look beyond social media and create a comprehensive strategy that integrates various touchpoints to deliver a unified customer experience.

Donald Trump joins the TikTok video platform he once sought to ban

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Donald Trump joins the TikTok video platform he once sought to ban

Fact: Republican presidential candidate Donald Trump has joined TikTok, the short video social media platform owned by China-based tech giant ByteDance, ahead of the U.S. elections in November.

Sea turtles are not being protected at Parasolia beach this year

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Sea turtles are not being protected at Parasolia beach this year

Female sea turtles at Parasolia beach in Kiti are facing challenges during the breeding season due to a thick layer of stones from winter storms covering more than half of their nesting area, as well as new sunbeds and umbrellas occupying the rest. The new sunbed renter is obstructing the identification and protection of nests. The Department of Fisheries and Marine Research (DFMR) has been informed about the issue, but there has been no update. The writer has been marking nests with sticks and signs and working with experts to protect them. Local councils and sunbed renters have a negative attitude towards protecting the turtles, despite laws protecting sea turtles, their eggs, and hatchlings on every beach in Cyprus since 1971.