McDonald’s is celebrating 50 years since the birth of its flagship creation the Big Mac burger with the local franchise in Cyprus joining in the restaurant chain’s global anniversary. To mark the 50th anniversary of perhaps the world’s most famous burger, McDonald’s has relaunched the Big Mac in three new sizes, Junior Big Mac,
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By Lukman Otunuga, Research Analyst – FXTM A renewed sense of positivity and optimism continues to be felt across financial markets after the United States and Mexico reached a breakthrough deal over the NAFTA trade agreement. This highly encouraging development may ease trade war fears, elevate global sentiment and stimulate appetite for riskier assets.
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Former Deutsche Bank chief Josef Ackermann announced he is stepping down as chairman of the Bank of Cyprus in a year’s time, having helped steer the island’s biggest lender from near-collapse to a twice-rescued bank. Dr. Ackermann informed the board on Monday and the shareholders’ annual meeting on Tuesday that with a strong management team
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A new hotel in central Larnaca has opened its doors for visitors and business customers – the Radisson Blu. "We're delighted to open our first Radisson Blu hotel in one of Europe's favorite destinations, and a popular seaside retreat for visitors from around the world. As the third largest island in the Mediterranean, Cyprus attracts
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* ‘Happy, but more needs to be done,’ say industry stakeholders While tourists appear to be leaving Cyprus happier than in earlier years, with the number of official complaints getting less, more needs to be done to tackle problems undermining efforts to enhance the tourist product, stakeholders have said. Complaints continue to come in
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. By Ioannis Tirkides The Turkish lira plummeted on 10 August dropping by almost 15% in the day against the US dollar after US president Donald Trump announced the doubling of tariffs on Turkish exports of steel and aluminium. This followed an escalation in bilateral relations where the US president announced sanctions on two
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* Analysts expect TC coalition turning to Ankara for extra cash By Kyriacos Kiliaris A crashing Turkish lira, political unrest in Turkey and a widening trade gap, have led to a double figure inflation growth for the second year in a row in the north, heavily impacting the Turkish Cypriot economy. The Euro-TRY exchange
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A lasting peace for divided Cyprus is within reach, and the British Government continues to work towards that goal, Prime Minister Theresa May said in a letter to MP Theresa Villiers and others. In her letter, dated 12 June 12, May said: “Last summer in Crans-Montana, the two Cypriot leaders and three guarantor powers, supported
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents There is a lot of theoretical debate on which is more beneficial – to build or rent governmental offices or even buy ready office buildings in the open market? Some uninformed reports blow up the rental
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Hellenic Bank and the Co-operative Central Bank may need to rethink the government-sponsored staff restructuring plan as the number of people who have opted for the voluntary retirement scheme (VRS) topped 1,040, higher than the initially planned 900, with less transferring to Hellenic than first planned. It would seem that the incentive of a ‘golden
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