Premier League outfit West Ham United eased past AEK Larnaca Thursday night to make it to the last 8 round of the Europa Conference League, following a second comfortable win over the Cypriot side. The Hammers walked away with a comfortable 4-0 win against underdogs AEK Larnaca, putting an end to their European endeavours, despite
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By Craig Erlam It’s been another wild session in financial markets and the ECB had the unenviable task on Thursday of making a decision on interest rates amid all of the uncertainty and turbulence. One thing that was clear from Christine Lagarde’s press conference is that it isn’t just markets that expect the tightening cycle
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Some 14 people died from an influenza infection during the winter months in Cyprus, as reported by the Health Ministry. Initially, reports suggested that one of the victims was a young child who had been infected by Influenza ‘A’, while she had not been suffering from any underlying health conditions. On Friday, the health ministry
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Cyprus police are reportedly holding their horses in the alleged murder case of a 28-year-old Ukrainian woman found dead at the bottom of a cliff near Aphrodite’s Rock in Paphos, following a second post-mortem. Police spokesperson Christos Andreou told state radio CyBC on Thursday that investigators were being cautious after a second autopsy was concluded
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By Han Tan, Chief Market Analyst at Exinity Group A week is indeed a long time in financial markets, and the calculus for central bank rate hikes has been dramatically altered by the SVB and Credit Suisse crises in recent days. The market’s prior foregone conclusion of a 50-bps hike by the European Central Bank
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Cyprus is “on the verge of a national disaster” as more than 40 buildings used by hundreds of Greek Cypriot refugees are in danger of collapsing, said the mayors of five greater Nicosia municipalities. In a joint statement, the mayors of Latsia, Nicosia, Strovolos, Lakatamia and Anglandjia, called on President Nikos Christodoulides and Interior Minister
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By Craig Erlam It was another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us. Fear has once again gripped the markets, concerned about a repeat of past crises – one in particular, for obvious reasons – and the implications for the financial system and the global economy.
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Copper prices have soared over the past few months due to a supply crunch, with analysts suggesting that global shortages of the red metal will continue to exist throughout the decade. This is due to a combination of factors such as increased demand driven by the reopening of China, efforts to transition to a greener
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The new European framework for crypto asset companies should pass in May, with the bigger players expected to welcome this change, the Cyprus financial markets regulator said on Wednesday. George Theocharides, head of the Cyprus Securities and Exchange Commission (CySEC), said that “large crypto asset companies know very well that only through regulation will they
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Excavation work carried out as part of a flood protection project in the centre of Limassol has unearthed an ancient tomb. The Limassol-Amathus Sewerage Board said the tomb dates back to the Late Bronze Age (1600-1050 BC). To date, two human skeletons and various offerings (vessels) have been found inside it. According to the Department
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