Economy

China may exempt some US goods from tariffs as costs rise

China’s government is considering suspending its 125% tariff on some US imports, people familiar with the matter said, as the economic costs of the...

Cabinet approves submission of bill to reverse brain drain

Government Spokesman Konstantinos Letymbiotis said on Thursday that the Council of Ministers authorized the Minister of Finance to immediately submit before the House of...

Easter spending was cautious and focused on essential items

This year’s Easter shopping period performed at a satisfactory level, according to the General Secretary of POVEK, Stefanos Koursaris. Speaking on the “Mesimeri kai...

Retro sneaker craze boosts Adidas earnings

Adidas AG reported better-than-expected earnings in the first quarter as consumers continue to snap up retro sneakers like the Samba in the face of growing...

Cyprus among EU’s least active book buyers, both online and off

Only 2% of Cypriots bought print publications online in 2024, compared to 14.7% in the EU – E-books and audiobooks did not exceed 2.4% At...