Tesla is one of the most valuable brands in the world and in 2021 reached a level of growth that was unmatched by other global brands. Tesla’s brand value skyrocketed this year and reached an impressive $36.27 bln, pushing it into the top 20 most valuable brands worldwide for the first time, from just under
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Cyprus is enjoying a sunny spell before bracing itself for cyclone Carmel hitting the island on Saturday night. Cyclone Carmel is expected to batter Cyprus from late-night Saturday through Monday afternoon with heavy rain, powerful winds, and thunderstorms that will be long and intense, near gale-force winds and high seas, the Met Office. Carmel, a
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Melco, the operator of Cyprus Casinos (C2) and the upcoming integrated resort, City of Dreams Mediterranean, has been accredited with third-party accreditation for Responsible Gaming — RG Check, the first in Europe to receive the endorsement. The achievement further establishes Melco as the first and only integrated resort operator globally to be recognized by RG
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Cyprus ranks twelfth amongst 34 countries in Europe, the Middle East, and Africa for the ease of doing business in the country, according to a PwC survey. The island was ranked in the “advancing jurisdictions” category coming 12 amongst 34 countries in Europe, the Middle East and Africa (EMEA). Cyprus scored an overall 54.5/100 on
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Cyprus reported two coronavirus deaths on Thursday and a mild drop in new cases to 632 with hospitalisations steadily increasing and rising to 165. The health ministry said in its daily Covid bulletin that the latest victims of the pandemic were two men aged 74 and 75, taking the death toll since the pandemic started
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Cyprus hourly labour costs rose by 7.3% year on year in the third quarter of 2021, following an annual rise of 17.1% in the previous quarter. According to the Cyprus Statistical Service, the hourly labour costs index rose to 123.47 units from 115.09 units in the same quarter of 2020 and 111.79 in the previous
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Vaccinations against Covid-19 of children aged 5 to 11 gets underway on Friday, with authorities overwhelmed with requests from parents to have their children vaccinated. Health authorities have fallen short of their calculations, as demand exceeded the ministry expectations, with parents reporting they are having difficulty getting through to book an appointment for their children.
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By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Thursday following a rally on Wall Street overnight as markets offered an initial positive reaction to the Federal Reserve’s highly anticipated policy announcement. A sense of relief swept across markets despite the Fed’s more hawkish outlook on future policy to tame rising
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More than 50% of wedding and christening receptions scheduled in the coming weeks have been cancelled in the wake of a ban on the unvaccinated, said the Cyprus association of professional event organisers. Talking to the Cyprus News Agency, the head of the association Constantinos Mosaikos said the COVID-19 decree banning unvaccinated guests from social
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The first group of 12 migrants have departed Cyprus for the Vatican after Pope Francis agreed to offer them asylum during his visit to the island earlier this month. An Interior Ministry statement said that at dawn Thursday, “the first group of twelve asylum seekers departed out of 50 selected to relocate to the Vatican,
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