The EURUSD currency pair weakened to near 1.0830 Wednesday, as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that composite numbers unexpectedly eased due to a slowdown in activities in the manufacturing and services sectors. The HCOB Composite PMI decreased to 50.1, just above the 50 threshold that separates … Read more
France appears more divided than ever after the European election results, which saw Marine Le Pen’s National Rally secure the top spot, relegating Emmanuel Macron’s party to third place. This outcome forced the French president to call for early elections. The discontent with Macron is evident. Despite giving a vote of confidence to Marine Le … Read more
Approximately 30,000 tourists who were expected to visit Cyprus are impacted by the bankruptcy filing of travel provider FTI. This affects around 160 hotels and other businesses in Cyprus that collaborated with the Group. Bookings made through FTI are being cancelled, with efforts to cover part of the trips still underway. The impact on the tourism industry in Cyprus is significant due to various challenges the industry is facing, such as the war in Israel, economic recession in the UK, upcoming elections in the UK, the European Championship, and the Olympic Games.
Sofia Asvesta has officially secured her place in the upcoming 2024 Paris Olympics.
Natalia Lappa from the Limassol Nautical Club has qualified for the Paris 2024 Olympic Games in Women’s Windsurfing (iQFOiL) after a redistribution of spots. This will be her second consecutive Olympic appearance, with the Cyprus Olympic team now comprising eight athletes in various sports. The spot became available after a Swiss sailor withdrew, and Lappa finished 10th in the ‘Last Chance Regatta’ to secure her place. She is ranked 44th in the World Sailing Olympic rankings and is set to compete against 24 athletes from different countries in the women’s iQFOiL event.
Foody, the No.1 delivery service in Cyprus, announced its partnership with athletes Milan Trajković and Viktor Olov Leonidou for the 2024 Olympic Games in Paris. Milan Trajković is a top track and field athlete who has broken Cyprus National Records and won gold medals. Viktor Olov Leonidou is an accomplished mountain-running and ultra-distance athlete who has achieved impressive results in competitions. Foody’s partnership with the athletes aims to support their pursuit of excellence and inspire others.
France will provide additional military aid to Ukraine in the coming days and weeks, as confirmed by the Elysee after a phone call between President Emmanuel Macron and Ukrainian President Volodymyr Zelenskiy. Macron expressed support for a truce during the Paris Olympics this summer, with Russia ceasing operations and diplomatic negotiations being pursued.
Leventis Gallery is celebrating its 10th anniversary this year by expanding its programs to enhance accessibility. One of the upcoming exhibitions, The Road to Paris, will highlight the everyday life of athletes before, during, and after the Olympic Games.
Novak Djokovic is considering going without a coach after ending his partnership with Goran Ivanisevic.
Jannik Sinner can close in on Novak Djokovic at the top of the world rankings by winning the Madrid Open and would move within 330 points of Djokovic if he wins the tournament.