Tech leading the way

By Craig Erlam  It’s been a mixed day of trade in Europe and the US opened marginally lower Thursday, as traders took a step back following a lively start to the year.

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Record 14 candidates in presidential race

Fourteen candidates formally joined the race on Thursday to become Cyprus’s next president in an election next month dominated by the island’s decades-old division, irregular migration and corruption scandals. Cyprus has a

Three arrests in brutal Nicosia murder 

Police arrested three people for allegedly plotting to murder a 61-year-old man found dead in the street in Latsia, Nicosia, authorities said on Thursday. According to police, two men aged 35 and

Growing optimism?

By Craig Erlam  Equity markets pushed higher on Wednesday, buoyed by softer yields and some promising PMI revisions in Europe. It appears investors are increasingly coming around to the idea that central

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Mortgage-to-rent scheme in trouble

The Mortgage to Rent scheme, the government’s latest lifeline for distressed borrowers, is in rough seas after the Finance Ministry claimed to be in the dark over the exact number of eligible

Natural gas power plant green-lighted

A long-awaited private natural gas power plant, adding to Cyprus’ energy capacity and helping to reduce CO2 emissions, is expected to be greenlighted after long delays. Larnaca District Officer, Odysseas Hadjistefanou, said