Bloomberg | Jun 26, 2024 04:09 PM IST Share Via Copy Link Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh setback from authorities plans for a withholding tax on green bonds. Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh … Read more
The families of the 24 Cypriot children who were killed when the Isias hotel in the Turkish city of Adiyaman collapsed travelled to Turkey on Tuesday ahead of the resumption of the trial of those held responsible on Wednesday.The 24 children, alongside 11 Cypriot adults and 47 others, were all killed when the hote, collapsed … Read more
The chairman of the National Board of Revenue has questioned tax exemptions for publicly traded companies, asking if the facilities really helped the capital market grow. Abu Hena Md Rahmatul Muneem answered questions on cutting the spread between corporate taxes of publicly traded and non-listed companies from 7.5 percentage points to 5 points in the … Read more
The fact described in the text is that the YouGov poll predicts that the Conservatives are on course for their lowest total in more than a century, with only 140 seats expected.
The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus’ tourism industry. Hoteliers are facing uncertainty as tens of thousands of future bookings are at risk due to FTI’s collapse. The German market, an important source for Cypriot tourism, is further impacted by this situation, which could also affect Austria and Switzerland where the group operated.
More than billion worth of cryptocurrency has moved into a new type of platform called EigenLayer, which offers rewards to investors in exchange for locking up their tokens.
One person was rescued from a collapsed three-storey building in Kıutsuk Çekmeçe, Istanbul. Seven others were rescued earlier, two with serious injuries. Rescue teams are still working to save another person. The building was constructed in 1988, according to Istanbul Prefect Davut Gul. Video footage of the collapse has been circulating.
![Larnaca Port workers protest job uncertainty after Kition collapse [PHOTOS+VIDEO]](https://ch.jfdi.cc/wp-content/uploads/2024/05/larnaca-port-workers-protest-job-uncertainty-after-kition-collapse-photosvideo.jpg)
Disgruntled former employees of Kition Ocean Holdings protested outside Larnaca Port over job security concerns. The Larnaca Port Authority took over Kition’s central offices, changing signage to show operational control. The President of the House of Representatives is set to meet with affected workers to address their anxieties about their employment status.
Animals collapsed and people jumped on water tankers with buckets amid shortages due to blistering summer heat in north India. Delhi recorded temperatures touching 47 C (116.6 F) and saw its first heat-related death. Authorities are investigating a 52.9 C reading in one area. Delivery personnel are spending more time on scooters due to the heat, and companies like Zomato are taking measures to help them. The extreme temperatures have also led to more fires in several parts of the country. India, along with other countries in Asia, is experiencing unusually high temperatures, which scientists attribute to human-driven climate change. India has set a target of becoming a net-zero emitter by 2070.
Kition Ocean Holdings expressed concern for the welfare of its employees following the government takeover of the port and marina. The company blamed the government for not having a handover period, causing uncertainty for staff. Kition stated that according to the TUPE law, employees should be automatically transferred with their existing rights to the new employer. The company seeks reassurance from the government that employees’ rights will be protected during the transition.