Economy

Shell-BP takeover rumours rattle global energy markets

Reports of a potential Shell takeover of BP caused brief turmoil on global markets this week, before both companies moved to deny the speculation. On...

Jeff Bezos wedding in Venice sparks backlash

Jeff Bezos, founder of Amazon and one of the world’s richest men, is marrying Lauren Sánchez in a lavish three-day celebration in Venice, but...

Eratosthenes & Skytrek join forces for space innovation

The Eratosthenes Centre of Excellence of the Cyprus University of Technology and Skytrek Ltd have signed a Memorandum of Understanding (MoU) to enhance collaboration...

Cyprus facing labour shortages, turns to third countries

Cyprus is experiencing a serious labour shortage, with the domestic workforce no longer able to meet the needs of a growing economy. As unemployment...

Minister: No justification for higher fuel prices in Cyprus

There is currently no justification for raising fuel prices in Cyprus, even amid ongoing geopolitical turbulence, Energy Minister Giorgos Papastasiou said on Tuesday. Speaking...