By Craig Erlam European stocks gave back the bulk of their gains Wednesday as flash PMI data points to a possible recession over the remainder of the year. The UK readings were
By Naeem Aslam US and European futures are trading mostly higher on Wednesday, while most of the US and European stock indices remain in negative territory. Investors are largely confused: is the
By Craig Erlam Recent UK economic data has been a mixed bag, with wages rising at a much-accelerated rate, but inflation decelerating as expected. While the Bank of England will be relieved
The annual inflation rate in Cyprus was 2.4% in July, dropping from 2.8% in June and 10.6% in July 2022, according to Eurostat, the statistical office of the EU. Inflation also dropped
A naval exercise between Cyprus and the United States off the island’s coast involved advanced manoeuvres, technical drills and search and rescue operations using helicopters. In a statement, the National Guard said
July was the month when investor consensus pivoted from a recession to a soft landing for the US economy. August is set to be the month when investor focus pivoted from the
Tesla has consistently stood at the forefront of electrification, autonomy, and futuristic design, with its Cybertruck emerging as one of the products that are redefining conventional perceptions of a pickup truck. With
Members of the Security Council condemned the violent incidents in the Pyla buffer zone, with assaults by Turkish Cypriots against UN peacekeepers, reiterating their full support for UNFICYP. After a long meeting with several
Two firefighting aircraft and support staff are being sent to Greece through the EU’s Civil Protection Mechanism to assist in putting out wildfires, Cyprus’ Civil Defence said in a statement. Following a decision
By Edward Moya US stocks ended the week lower lower as Wall Street gets anxious over what the Jackson Hole Symposium on August 24-26 might do to soft landing hopes. Just look
