https://knews.kathimerini.com.cy/en/news/greek-fan-menendez-boasts-f35-okay-for-athens
US Senator Bob Menendez, who has been blocking fighter jets for Turkey over the years, told an audience in Washington this week that he was 'a fan of the Greek people' and further had no qualms about okaying the F35 stealth for Athens...
https://knews.kathimerini.com.cy/en/life/less-painful-more-accurate-mammograms-what-took-so-long
Welcome to Wells $treet! If you know anything about me, you know I like an offbeat business story. So when I scheduled my annual mammogram this year, I thought, “Isn’t there a better, more comfortable way to do this? Can’t someone disrupt this industry? Doesn’t anyone care?”...
https://knews.kathimerini.com.cy/en/news/washington-stops-short-of-tongue-lashing-nicosia
Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island...
https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow
Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...
https://knews.kathimerini.com.cy/en/news/petrol-sales-down-by-7-5-in-december-2022
Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/comment/opinion/us-government-moving-ahead-with-intention-to-sell-f-16-s-to-turkey
The Biden administration is moving ahead with its intention to supply Turkey with 40 new F-16 fighter jets and upgrade 80 of the country’s older ones....
https://knews.kathimerini.com.cy/en/business/limassol-could-still-have-another-8-000-apartments
As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
https://knews.kathimerini.com.cy/en/business/prostitutes-gather-in-davos-for-annual-meeting-of-global-elite
The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....
https://knews.kathimerini.com.cy/en/life/kiabi-pursuing-international-development-with-the-opening-of-a-second-store-in-cyprus
Present in 24 countries with a network of 538 physical stores, KIABI is challenging the fashion world’s leaders in Europe, the Middle East, Africa and South America. Engaged in an international growth dynamic, the French favourite continues to roll out its concept intended for all families as it opens its second shop in Cyprus in 2023. ...
https://knews.kathimerini.com.cy/en/business/nearly-€6-billion-in-real-estate-transactions-in-2022
The value of real estate sold during 2022 is approaching €6 billion, according to the comparative real estate sales of the Department of Lands and Surveys as processed and presented in the quarterly "Real Estate Market Bulletin" of Cyprus Real Estate Registration Council....
https://knews.kathimerini.com.cy/en/business/tesla-drastically-lowers-ev-pricing-in-the-us-and-europe
After steadily increasing prices over the past couple of years, Tesla has cut them drastically across its lineup in the US and Europe, in an apparent bid to boost sales. ...
https://knews.kathimerini.com.cy/en/news/cyprus-features-prominently-in-us-congress-turkey-report
The possible sale of F-16s to Turkey and tensions between Turkey and Cyprus and Greece are included in a US Congressional Research Service report on Turkey released on January 9, which outlines Biden administration support of the sale and opposition by 'some members of Congress'...
https://knews.kathimerini.com.cy/en/business/exports-of-halloumi-at 1-34-billion-over-the-last-5-years
Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...
https://knews.kathimerini.com.cy/en/news/supermarkets-bet-on-their-own-private-labeled-products
Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....
https://knews.kathimerini.com.cy/en/business/rolls-royce-cruises-to-record-sales-thanks-to-ongoing-luxury-demand
Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023....
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....
https://knews.kathimerini.com.cy/en/business/the-plan-to-bring-in-more-german-tourists
In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....
https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus
A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....
https://knews.kathimerini.com.cy/en/business/what-consumers-should-lookout-for as-january-sales begin
The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....
https://knews.kathimerini.com.cy/en/news/lack-of-discounts-for-the-holiday-table
This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....
https://knews.kathimerini.com.cy/en/news/amsterdam-launches-stay-away-campaign-to-discourage-types-of-tourism
Authorities in the Netherlands have decided to introduce in Amsterdam a new campaign called “Stay Away”, in order to discourage specific kinds of tourism....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-flights-up-406-in-november-compared-to-last-year
Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
https://knews.kathimerini.com.cy/en/business/cyprus-retail-sector-continues-climb-despite-inflation
Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....
https://knews.kathimerini.com.cy/en/comment/opinion/november-s-real-estate-performance
The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....
https://knews.kathimerini.com.cy/en/news/sex-education-becomes-law-after-president-signs-bill
Today, the President of the Republic went on to sign the sex education legislation that was approved by the Parliament....
https://knews.kathimerini.com.cy/en/news/gov-t-admits-to-allowing-spyware-exports
The Greek government has admitted that it gave an Athens-based company permits to export a phone hacking tool to Madagascar, a country with a history of cracking down on dissent....
https://knews.kathimerini.com.cy/en/news/menendez-i-will-not-support-the-sale-of-f-16-fighter-jets-to-turkey
According to Senate International Affairs Committee Chairman Robert Menendez, the National Defense Authorization Act (NDAA) for the defense budget is not a victory for Turkey....
