All news
Cyprus Mail23 Jun 2026

Global business leaders back faster electrification shift

Global business leaders back faster electrification shift

Companies including Nestle (NESN.S) ‌and Ikea (IKEA.UL) on Monday urged governments to make electrification central to their economic strategies, to help reduce exposure to volatile fossil fuel costs and bolster energy security.

In an open statement seen by Reuters and ​backed by 112 businesses from sectors including industrials, consumer goods and healthcare, they ​said exposure to fossil fuel-driven price shocks undermined competitiveness....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news
SK Hynix overtakes Samsung as South Korea’s most valuable firm
Cyprus Mail

SK Hynix overtakes Samsung as South Korea’s most valuable firm

SK Hynix on Monday overtook Samsung Electronics to become South Korea’s most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago ​nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM...

today

Mazotos residents write to president demanding desalination plant decision be scrapped
in-cyprus

Mazotos residents write to president demanding desalination plant decision be scrapped

The Mazotos Community Council wrote to President Nikos Christodoulides on Monday demanding he personally intervene to cancel the approved desalination plant at Mazotos, calling the current location environmentally and socially unacceptable and requesting an urgent meeting. The...

today

Invasive pufferfish pose ‘no threat to swimmers unless disturbed’
Cyprus Mail

Invasive pufferfish pose ‘no threat to swimmers unless disturbed’

The invasive silver-cheeked toadfish poses no threat to bathers or swimmers, the fisheries department assured on Monday following recent reports and social media discussion suggesting the species could be dangerous to people in the water. Officials stressed there is no evidenc...

today

Our View: National Council’s role seems to be production of platitudes
Cyprus Mail

Our View: National Council’s role seems to be production of platitudes

Another National Council meeting was held on Monday so that President Nikos Christodoulides could inform the leaders of the parliamentary parties about the latest peace initiative undertaken by the UN. It is a streamlined national council as it now consists of just six leaders...

today