Fed’s Powell warns of higher rates

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that it will likely raise interest rates more than expected amid strong economic data and that it is prepared to move more aggressively

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Cyprus goes big on green, digital shipping

The new government has placed shipping among its priorities to enhance its maritime administration further, provide the ground for sustainable growth and help the industry’s green and digital transition. In her maiden

Eurobank eyes Hellenic prize

Greece’s Eurobank is reportedly edging towards a takeover of Hellenic Bank as it prepares to increase its stake in the island’s second-largest lender past 30%. Once it reaches the 30% benchmark, according

President promises to improve health system

President Nikos Christodoulides said his government would upgrade the General Healthcare System (GHS) with the changes that need to be made to improve service. He visited Limassol General Hospital on Tuesday, accompanied by

All eyes on Powell

By Craig Erlam   It’s shaping up to be another relatively flat day in the markets as investors turn their attention to Capitol Hill ahead of Jerome Powell’s first testimony. The Fed Chair

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Hate speech remains widespread

Hate speech against various groups remains widespread in Cypriot public discourse, a European Commission against Racism and Intolerance (ECRI) report on Cyprus said. “There is no comprehensive system in place to monitor

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