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BUSINESSTwo 20-year-old men have been arrested in Ayia Napa for the possession and the circulation of counterfeit banknotes, the police said on Friday. According to the police, officers in the area were informed that two customers were attempting to pay for products at a business with “banknotes which were…
BUSINESSWhy services demand a different strategic approach Promoting a service is fundamentally different from selling a physical product. A product can be photographed, held, returned, and evaluated before purchase with relative ease. A service is intangible — the buyer cannot inspect it, test it, or…
BUSINESSEurobank has emerged as the preferred pick among Greece’s four systemic banks after Euroxx upgraded its estimates and price targets for the sector, citing strong second-quarter results , improved earnings forecasts and a more favourable interest-rate environment. In its latest report, whose…
BUSINESSScott Larsen was 4 years old when his dad, the New York City firefighter he was named after, was killed in the collapse of the World Trade Center on September 11, 2001. His father, then 35, had recently been temporarily assigned to Lower Manhattan from his normal firehouse in Woodside, in the…
BUSINESSGeorge Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director at the Central Bank of Cyprus (CBC). The Cabinet approved Karatzias’ appointment for a five-year…