production

Italy with two distinct choreographic works at Cyprus Contemporary Dance Festival

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Italy with two distinct choreographic works at Cyprus Contemporary Dance Festival

The Cyprus Contemporary Dance Festival is back with seven unique performances at the Rialto Theatre and Nicosia Municipal Theatre. Italy’s performances include “AMAE” exploring co-dependency in relationships and “Save the Last Dance for Me” reviving the Polka Chinata dance tradition. Ticket prices are €8, with free admission for students, soldiers, pensioners, and professional dancers. Free transportation is available from Nicosia to Limassol for certain performances.

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.

Aircraft shortages turn into cash bonanza for some airlines

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Aircraft shortages turn into cash bonanza for some airlines

Aircraft shortages have allowed airlines like Frontier Airlines and Wizz Air to sell new planes to leasing companies at higher prices than they paid, resulting in gains of hundreds of millions of dollars. The tight airliner market has made sale-and-leaseback transactions more attractive, with US airlines accounting for a larger share of these deals. New aircraft prices are 20% higher than pre-pandemic levels, leading to soaring lease rates. Airlines are spending 30% more on aircraft leases than before the pandemic.

Sheinbaum poised to become Mexico, ’s first woman president

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Sheinbaum poised to become Mexico, ’s first woman president

Claudia Sheinbaum is set to win a landslide victory to become Mexico’s first female president, with provisional results showing her leading with 59% of the vote.

Cyprus industrial producer price index falls in April

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Cyprus industrial producer price index falls in April

Cyprus’ Producer Price Index in industry recorded a 3.8% decrease in April 2024 compared to the same month in 2023, primarily due to reductions in the electricity supply sector.

Polish game developer CD Projekt posts 44 per cent first-quarter profit jump

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Polish game developer CD Projekt posts 44 per cent first-quarter profit jump

CD Projekt, a Polish video game developer, reported a 44% increase in first-quarter net profit, reaching 100.1 million zlotys, surpassing analyst expectations of 76 million zlotys.

Glass half empty?

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Glass half empty?

Climate change is impacting the Canadian wine industry, with recent events like a cold snap in the Okanagan Valley causing significant damage to grapevines. The industry must adapt to changing environmental conditions by embracing new production methods, technologies, and sustainable farming practices. Policymakers should support the transition to a more sustainable future for the wine industry. Additionally, changing consumer trends, such as a decrease in wine consumption and a preference for quality over quantity, are also affecting the industry. Despite these challenges, there is hope that adaptation strategies and agritech innovation can help mitigate the impacts of climate change and lead to a more sustainable and innovative viticulture sector.

Cyprus government surplus rises to , €665.2 million due to increased revenues

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Cyprus government surplus rises to , €665.2 million due to increased revenues

Cyprus’ general government recorded an increased surplus of €665.2 million during the first four months of 2024, attributed to a significant increase in government revenues by 17.3 per cent, outpacing expenditure growth.

Performance evokes serial killings in Cyprus

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Performance evokes serial killings in Cyprus

The play “The Only Thing You Need to Know About Derrida” is a theatrical performance written in response to crimes against foreign women in Cyprus. It aims to serve as an x-ray of modern social reality in Cyprus and is set in the red lake of the mines in Sia. The performance includes Filipino amateurs speaking in their native language and will be presented at the Cyprus International Theatre Festival from June 14-16, with additional performances until June 30.

Cyprus industrial production index rises in March

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Cyprus industrial production index rises in March

The Industrial Production Index in Cyprus increased by 3.4% in March 2024 compared to March 2023. The manufacturing sector experienced a rise of 2.7%, with the water supply and materials recovery sector showing a significant surge of 23.3%. The manufacture of furniture and repair/installation of machinery and equipment rose by 11.9%. Conversely, the manufacture of paper and paper products and printing decreased by 8.9%.