Tesla’s Model Y was the fastest-selling used car in America in June, according to a StockApps.com analysis that found that the vehicle took an average of 24.9 days to sell. Model Y’s selling time was less than half the 52.1 days it takes to sell a pre-owned car on average. “Tesla’s delivery times for new
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A joint venture of the Cyprus Church and the Electricity Authority has received the environmental green light to build 10 photovoltaic parks with a 68 MW capacity in the Nicosia villages of Ayios Ioannis Maloundas and Mitsero. The 10 new solar parks will be added to the other four with a capacity of 16 MW
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EU countries approved a diluted emergency plan to curb gas demand after striking compromise deals to limit the cuts for some as they brace for further Russian reductions in supply. Europe faces an increased gas squeeze from Wednesday when Russia’s Gazprom said it would cut flows through the Nord Stream 1 pipeline to Germany to
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The European Commission has adopted the €33.4 mln Annual Action Programme to help the Turkish Cypriots implement the criteria for PDO-registered halloumi. Commissioner for Cohesion and Reforms Elisa Ferreira said the Aid Programme has shown to bring important tangible benefits to the people of Cyprus. She said the new set of projects adopted seeks to
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The World Conference of Overseas Cypriots – the biggest annual diaspora event – begins Tuesday in Nicosia, with the physical presence of delegates discussing the Cyprus problem. Taking part are the World Federation of Overseas Cypriots (POMAK), the International Coordinating Committee “Justice for Cyprus” (PSEKA) and the Youth of the World Federation of Overseas Cypriots
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In April, 54,145 first-time asylum applicants applied for international protection in the 27-member bloc, up 66% compared to a year ago (32,570) but down 28% from March (74,950). The decrease from March is attributed to the decrease in Ukrainian first-time applicants (from 12,885 to 1,510 in April; -88%), whose numbers had spiked when Russia invaded Ukraine in February. In
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By Jeffrey Halley Markets were quiet overnight ahead of a deluge of tier-1 earnings, data, and the US FOMC policy decision over the rest of the week. Equities, currencies, oil and precious metals were content to range trade, with only Bitcoin showing some life, falling by nearly 6.0%. Bloomberg reported that Coinbase may be in
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The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, which could start producing by 2027, the energy minister said. “Europe is a good potential customer for Cypriot gas as the EU has confirmed that natural gas will remain a bridge fuel up to 2049
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More than half of retail investors are planning to buy more stocks before the end of 2022, according to a recent survey, with a leading advisor calling for caution and to avoid over-exposure. “The poll’s findings show that retail investors are not behaving as you might expect,” said Nigel Green, CEO of the independent financial
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EU member states should start preparing for a new wave of the COVID-19 pandemic in autumn and winter; the bloc’s health chief said there had been a “worrying increase” in outbreaks. Reuters reported that Cypriot European Commissioner for Health and Food Safety Stella Kyriakides also warned there was no room for complacency, saying the pandemic
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