By Craig Erlam Stock markets are treading water on Tuesday, with the jobs number from the UK not inspiring and Chinese data also highlighting weakness in the recovery. UK jobs data was a mixed bag as wages accelerated again to 6.7%, excluding bonuses, while unemployment also ticked higher, as inactivity fell. The Bank of England
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Police believe they have unearthed evidence linked to the alleged murder case of 31-year-old Angelos Pericleous, who has been missing for a month. Pointers to the location of Pericleous’ body were stepped up on Tuesday, with officers locating gun casings and tools believed to have been used in his murder. The findings emerged on Tuesday
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Last year the Association for the Prevention and Handling of Violence in the Family (SPAVO) managed 3,122 domestic/partner violence incidents compared to 2,854 in 2021, 2,147 in 2020 and 1,384 in 2019. Incidents relating to calls to the 1440 domestic violence helpline were 1,670, i.e., five incidents per day, of which 3 were new cases.
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MPs are seeking a compromise on the thorny issue of reduced VAT for first homes, under pressure to beat the 8 June deadline of introducing legislation to harmonise Cyprus’ laws with the EU. Reports say that MPs are close to resolving the issue following a proposal tabled by social democrats EDEK. The House has picked
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The annual British Bases Police-led Cycle Challenge took place for the fourth time on Sunday, with organisers expecting to raise €30,000 for the Cyprus Anticancer Society and children’s charities, One Dream, One Wish and Little Heroes. The event, which was supported by the Republic of Cyprus (RoC) First Lady Philippa Karsera and SBA Administrator Air Vice
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Cyprus’ traffic camera network has registered over 180,000 fines for road violations since the system came online last year, police said. In comments to Phileleftheros daily, the deputy head of the Traffic Police, Charis Evripides, said 160,000 violations were reported in 2022, with authorities estimating that traffic cams have spotted a minimum of 20,000 in
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A British pensioner accused of killing his terminally ill wife told a Paphos court that he reluctantly ended her life after she repeatedly “begged” him to do so. “I didn’t want to do it. I said no,” David Hunter, 75, told the Paphos criminal court, adding that he eventually conceded to his wife’s wishes after
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By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian equities were mixed on Tuesday as investors digested weaker-than-expected Chinese economic data. Industrial production and retail sales data from the world’s second-largest economy missed expectations in April, pointing to further signs of an uneven recovery. European futures opened flat as political and economic uncertainty rocked
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Raw materials start all industrial value chains. The EU itself was born from the European Coal and Steel Community. More recently, however, it has lost sight of this fundamental truth and sleepwalked into ever-heavier import dependence for many CRMs. That dependency is itself concentrated in a small number of third countries, with most European producers
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Resort towns report a slowdown in foreign civil weddings, dashing hopes that the industry would continue from where it had left off in 2022, a record year for income. The civil wedding industry has become one of the most profitable services for coastal municipalities, but a dip in bookings from the UK threatens to break
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