7 tips to increase your chances of getting business financing
Fact: Understanding your financing needs and options is crucial before applying for business financing.
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UK shop prices rise at slowest pace since December 2021
Prices in British shops rose at the slowest pace in more than two years in March, with shop price inflation dropping to 1.3 per cent from 2.5 per cent in February. Food prices rose by 3.7 per cent, down from 5.0 per cent, while non-food prices rose by just 0.2 per cent.
Man hit by truck while crossing Limassol road
A 70-year-old man was hit by a truck while crossing the road in Limassol and was critically injured.
Porsche Cyprus unveils the new Panamera
The new Panamera model by Porsche was unveiled at Destination Porsche Limassol on March 20, 2024, combining automotive innovation with sophisticated gastronomy.
UK government backs J.K. Rowling in Scottish hate crime law challenge
The British government stated that J.K. Rowling should not be arrested for her transgender views after she challenged Scotland’s new hate crime law by asserting that a number of trans women were men.
One child in 58 births has autism
The fact described in the text is that according to global statistics, a child with autism is identified in every 58 births in Cyprus.
Cyprus hospitality sector is key economic contributor
The accommodation and food service sector was the second-largest contributor to both the economy and employment in Cyprus in 2021. Specifically, it accounted for 6 per cent of the added value of the business economy in Cyprus and 13.5 per cent of employment in the country.
Chevron submits proposal for , ‘Aphrodite’ gas field
Chevron has submitted a proposal for developing the Aphrodite gas field, with the energy ministry announcing the submission. Chevron is the operator of the consortium and a 35 per cent partner in the field, along with Shell and Israeli firm NewMed Energy.
Cyprus average monthly earnings increase by 6.2 per cent
The Cyprus Statistical Service (Cystat) reported an increase in the average gross monthly earnings of employees during the fourth quarter of 2023 compared to the same period in 2022. The average gross monthly earnings were estimated at €2,693 in the fourth quarter of 2023, a 6.2% increase from €2,535 in the fourth quarter of 2022. Men had an average gross monthly earnings of €2,884 in the fourth quarter of 2023, while women had €2,452. Men’s earnings increased by 6.7%, and women’s earnings increased by 5.5% compared to the fourth quarter of 2022.
UBS launches new $2 billion share buyback
UBS announced a new share buyback program of up to billion, with up to half to be completed in 2024.