Cyprus Airways Chairman resigns

Constantinos Loizides, Chairman of the Board of Directors of Cyprus Airways, resigned his post on Wednesday night, ending weeks of speculation on when he would tender in his resignation in the face

Bet tax to be slashed to 8%

The government is reported to be close to tabling new legislation, slashing the bet tax on fixed-odds games like football, FI and other international sports from 25% to 8%. The bet tax