Modi 3.0’s first Budget proposed to slash tax rates for foreign companies investing in India, a move seen as providing more fillip to inviting more overseas players as the Narendra Modi government seeks to grab the supply chain shift from China.The Budget was expected to be a transformative step towards achieving the government’s goal of … Read more
Juicy Button Games, a new independent games studio based in Cyprus, has successfully completed a million seed round led by The Games Fund. The investment will fuel the development of an innovative mobile-first 4x strategy game from their headquarters in Limassol, Cyprus. The founding team of Juicy Button Games includes Alexander Kravchuk, Anton Sinelnikov, and Aleksandr Zaytsev, who have a track record of creating successful mobile games. The Games Fund is a specialist early-stage VC fund with offices in Cyprus and New York that invests in outstanding video game developers and GameTech companies.
Shell expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade.
– Large numbers of Cypriots are spending the Easter holidays abroad.
– The number of Cypriots holidaying abroad will be comparable to 2023.
– Cypriot travelers’ top destinations are traditionally Greece followed by the United Kingdom.
– Reservations for summer holidays are in full swing.
– Domestic tourism bookings for the Easter period are relatively limited.
– Overseas visitors bookings for 2024 show a reduction compared to 2023.
– Travel to Cyprus is expected to remain at lower levels due to limited available flights and airlines facing an aircraft shortage.
PepsiCo beat Wall Street expectations for first-quarter revenue and profit due to strong demand for its sodas and snacks in international markets, while experiencing a slowdown in the United States.
Stocks and the euro were steady ahead of an European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers triggered the biggest global market selloff in months and left Japan’s yen at a new 34-year low.
Global economic growth is projected to reach just 2.8% by 2030, a full percentage point below the historical average, unless major reforms are made to boost productivity and leverage technologies like artificial intelligence, according to the IMF.
Global smartphone shipments are expected to rebound 3 per cent this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to premium devices.