retail

Farmers and , ‘govt’ in north refuse to back down over imported meat

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Farmers and , ‘govt’ in north refuse to back down over imported meat

The ‘government’ in the north of Cyprus is determined to import meat from abroad, with the first shipment arriving from the Netherlands. The imported meat will be stored at -18 degrees Celsius and sold in supermarkets. Despite a meeting with ‘ministers’ and union leaders, no agreement was reached, and protests by the union will continue. The government also plans to import meat from Spain, and opposition party CTP ‘MP’ Teberruken Ulucay questioned why meat could not be imported from the Republic of Cyprus where European Union standards are enforced.

Crypto ETPs are ready to launch on the London Stock Exchange; DTX aims to win the DeFi race for the next bull run

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Crypto ETPs are ready to launch on the London Stock Exchange; DTX aims to win the DeFi race for the next bull run

– Crypto ETPs will soon be launched on the London Stock Exchange
– DTX Exchange (DTX) is preparing for a DeFi race win in the upcoming bull run
– Analysts predict that DTX’s price could increase by 25 times before the end of 2024

Properties show stability, annual growth in prices and rents

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Properties show stability, annual growth in prices and rents

Property prices in Cyprus increased by 6.3% for apartments, 2.1% for houses, 3.0% for offices, 0.4% for retail, 3.6% for holiday apartments, 1.0% for holiday houses, and remained stable for warehouses in Q1 2024 according to the Ask Wire Index.

Hellenic Bank Q1 profits up, landmark deals in 2024

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Hellenic Bank Q1 profits up, landmark deals in 2024

Hellenic Bank announced first quarter profits of €93.3 million, up 34% year on year, but 25% below the previous quarter. Net interest income rose to €151 million, up 40% year on year. The bank has reached agreements for the renewal of a labor collective agreement and to strengthen its insurance operations. New lending in the first quarter reached €208 million, with a focus on retail customers. The bank has a liquidity coverage ratio of 580%.

Bird flu detected in tissue samples of US dairy cow sent to slaughter, USDA says

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Bird flu detected in tissue samples of US dairy cow sent to slaughter, USDA says

Bird flu virus particles were found in tissue samples taken from one dairy cow sent to slaughter at a U.S. meat processing plant, but none were detected in samples from 95 other cattle. Meat from the animals was prevented from entering the nation’s food supply.

Dogecoin dynamics: Optimizing returns in Cryptocurrency markets

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Dogecoin dynamics: Optimizing returns in Cryptocurrency markets

Dogecoin has emerged as a top contender in the cryptocurrency market, offering opportunities for investors to maximize returns. Its strong community engagement, accessibility, and memetic value have contributed to its popularity. Strategies for maximizing returns include timing the market, dollar-cost averaging, long-term holding, diversification, and risk management.

CCLEI: Negative growth trend continues

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CCLEI: Negative growth trend continues

The Cyprus Composite Leading Economic Index (CCLEI) remained negative for the third consecutive month in April, with a year-over-year decrease of 0.6%. This was driven by a slowdown in tourist arrivals and an increase in crude oil prices.

Cyprus rental costs surge by 9.3 per cent , — Limassol sees highest property price increases

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Cyprus rental costs surge by 9.3 per cent , — Limassol sees highest property price increases

Property values in Cyprus increased during the first quarter of 2024 compared to the same period in the previous year, with apartments seeing a rise of 6.3% and houses experiencing a more modest increase of 2.1%. Limassol emerged as the district with the highest percentage increase in prices for both apartments and houses. Rental values for apartments surged by 9.3%, while houses saw a 6.4% increase. Warehouse prices remained unchanged over the year.

Dollar consolidates weekly gains ahead of mid-tier data

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Dollar consolidates weekly gains ahead of mid-tier data

The US Dollar strengthened due to upbeat PMI data, with the USD Index closing in positive territory for the fourth consecutive day. The S&P Global Composite PMI showed business activity expanding at an accelerating pace in May. Japan’s National Consumer Price Index rose 2.5% in April. The Reserve Bank of New Zealand stated that lowering interest rates was not being discussed in the near term. UK Retail Sales declined 2.3% in April. Gold fell more than 2% on Thursday.

EPIC tax backers say petition effort cleared 38-county hurdle

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State Sen. Steve Erdman of Bayard is leading an effort to replace Nebraska’s income, property, and corporate taxes with a broader sales or consumption tax called the EPIC Option.