Social partners sign landmark CoLA deal

Social partners have settled a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. The island’s four main trade unions – SEK,

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Uninspiring UK Q1 growth

By Craig Erlam   A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,

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BoE still needs to do more

By Jameel Ahmad, Chief Analyst at CompareBroker.io   There were no surprises that the Bank of England increased interest rates once again on Thursday. It was widely expected, and they were raised 25

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CoLA deal ‘around the corner’

Social partners are reportedly ready to settle a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. According to news reports, Panayiotou’s

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Pericleous murder trial on June 6 without body

Cyprus Police have filed the alleged murder case of 31-year-old Angelos Pericleous with the Nicosia Criminal Court, despite not finding the victim’s body or a murder weapon. Premeditated murder charges have been

Bitcoin gains 72.4% QoQ, top-performing asset in Q1

Bitcoin, the premier cryptocurrency, had an impressive 72.4% quarter-over-quarter gain in Q1 2023, according to a BitcoinCasinos.com report, compared to the NASDAQ index that jumped 15.7%, while gold had an 8.4% increase. Buoyed by positive inflation

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China’s gold buying challenges dollar

China is increasingly expanding its gold reserves and ditching the dollar in moves that could have implications on investments, the CEO and founder of a leading financial advisory and fintech has warned.

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