COVID19: New cases spike to nearly 500

Cyprus reported no coronavirus deaths on Friday, while the number of new cases spiked to 475, a figure not seen since August, with hospitalisations remaining at the same level all week. The

Regulators must set anti-greenwashing rules

Financial regulators must work together on an international framework to stamp out potential ‘greenwashing’ as capital inflows increase, affirms the CEO of one of the world’s largest independent financial advisory, asset management

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S&P raises Bank of Cyprus outlook

Standard and Poor’s revised the country’s largest lender Bank of Cyprus’ outlook to positive from stable, following a new NPL transaction titled Helix 3, reducing its non-performing loans ratio to single digits,

New speed cams snap 1,700 daily violations

Newly introduced speed cameras are recording a whooping 1,700 traffic violations a day, as Cypriot motorists happily flout the highway code. The high number of violations is only recorded by four cameras

ExxonMobil test drill results in March

Results of confirmatory drilling in the Glafcos gas field to be conducted by the ExxonMobil-Qatar Petroleum joint venture will not be known before March, Energy Minister Natasa Pilides said. ExxonMobil is scheduled