World - Page 13

Decent rebound, more data needed to justify optimism

By Craig Erlam Stock markets were modestly higher on Thursday, recovering some of Wednesday’s losses as investors seemingly struggle to determine where things stand. There’s a desperate desire to cling on to

19th January 2024

Markets/World

Zuckerberg’s Meta fined $2.8 bln over GDPR breaches

Meta Platforms (NASDAQ: META) is emerging as one of the most affected entities that have felt the impact of the stringent European General Data Protection Regulation (GDPR) as various authorities strive to

18th January 2024

Companies/Markets/World

Blue Card for highly-skilled foreign workers

Cyprus is set to embrace an EU directive, known as the Blue Card, that accelerates the issuance of residence permits for highly skilled workers from third countries seeking employment on the island.

18th January 2024

Cyprus/Europe

UK inflation surprise, soft Chinese data, Q1 ECB rate cut likely

By Craig Erlam It was a rough day of trading on Wednesday, with data from China and the UK not aligning with the optimistic position investors have committed to at the start

18th January 2024

Markets/World

Cypriot puts up Abu Dhabi ‘monumental’ art display

The landmark Reem Mall, Abu Dhabi’s new commercial gem, has been adorned with a work of art of monumental proportions, commissioned to Cypriot painter and art consultant Maria Ignatiou. The impressive “Falcon’s

16th January 2024

Companies/Cyprus/Life & Society/Middle East/Property

UK wage growth cools, hints earlier BoE rate cuts

By Craig Erlam Labour market figures Tuesday morning kicked off a big week of economic data for the UK in a promising way, with wage growth a particular highlight from the report.

16th January 2024

Markets/World

Stability for now in Taiwan, challenges ahead

Taiwan’s eighth presidential election held on January 13 was a close race between three candidates with the ruling DPP winning for an unprecedented third term. “The key concern is whether a third

16th January 2024

Markets/World

WEF: Weaker economy in year ahead

Economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook, as the world continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in

15th January 2024

Markets/World

Taiwan election result a relief for markets

Markets are relieved that Taiwan’s Democratic Progressive Party’s (DPP) secured a historic third consecutive presidential victory on Saturday, defying warnings from China about the potential escalation of conflict, said the CEO of

15th January 2024

Markets/World

Higher minimum wages in U.S. and inflation risk

By Justin Begley – Moody’s Analytics On the first day of 2024, workers earning the minimum pay rate got a raise in 22 U.S. states. Minimum wage hikes are common each year,

14th January 2024

Markets/World