https://knews.kathimerini.com.cy/en/business/can-something-really-come-from-nothing
A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....
https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q1-2022
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...
https://knews.kathimerini.com.cy/en/news/eu-s-von-der-leyen-lng-in-cyprus-and-greece
European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....
https://knews.kathimerini.com.cy/en/news/thousands-of-britain-s-fish-and-chip-shops-could-close-within-a-year
The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
https://knews.kathimerini.com.cy/en/business/facebook-google-stripe-shopify-investing-a-billion-dollars-in-pre-orders-for-captured-carbon
Four gargantuan tech companies have put together a $1.2 billion fund to pull carbon out of the atmosphere with a unique model that could go a long way to preventing 1.5°C of warming....
https://knews.kathimerini.com.cy/en/news/cyprus-has-at-least-a-three-month-stock-of-wheat-for-human-consumption-minister-says
Cyprus has enough wheat for human consumption for at least three months, Minister of Agriculture, Rural Development and the Environment, Costas Kadis has told CNA....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/business/overcoming-talent-crunch-and-supply-chain-upheaval-among-biggest-success-indicators-for-tech-in-2022
Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....
https://knews.kathimerini.com.cy/en/news/op-ed-fertilizer-inflation-presages-a-global-food-supply-crisis
We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....
https://knews.kathimerini.com.cy/en/news/some-towns-in-ukraine-don-t-have-more-than-3-4-days-worth-of-food-according-to-aid-agency
Some towns in Ukraine don’t have more than three or four days’ worth of food, the aid agency Mercy Corps said Tuesday, warning that the humanitarian system in the country “is entirely broken down.”...
https://knews.kathimerini.com.cy/en/news/op-ed-only-a-leap-in-consciousness-will-end-human-slavery
With the number of women and children fleeing the war in Ukraine, experts say that many of them may become victims of trafficking given their vulnerability. This article is even more relevant today and attempts to present the attitudes that have enabled human slavery throughout history, and the solution to eradicate this crime across the globe....
https://knews.kathimerini.com.cy/en/news/luminous-glow-in-the-skies-of-japan-immediately-before-7-4-magnitude-earthquake-hits
Videos showing the moment a 7.4 magnitude quake struck off the coast of Japan at 23:36 local time yesterday are incredible to watch. The quake was initially estimated to have a magnitude of 7.3 but was later revised to 7.4 by the Japan Meteorological and Seismological Service.
...
https://knews.kathimerini.com.cy/en/news/world-faces-food-crisis-due-to-ukraine-war
A global food crisis looms unless the war in Ukraine is stopped because fertilizer prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertilizer and coal billionaire Andrei Melnichenko said on Monday....
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/ukraine-multinational-companies-suspend-their-operations-in-wake-of-russian-inavsion
One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....
https://knews.kathimerini.com.cy/en/news/us-urges-canada-to-use-federal-powers-to-end-bridge-blockade
The Biden administration urged Prime Minister Justin Trudeau’s government Thursday to use its federal powers to end the truck blockade by Canadians protesting the country’s COVID-19 restrictions, as the bumper-to-bumper demonstration forced auto plants on both sides of the border to shut down or scale back production....
https://knews.kathimerini.com.cy/en/news/ottawa-mayor-declares-state-of-emergency-to-deal-with-trucking-blockade
Ottawa Mayor Jim Watson on Sunday declared a state of emergency to help deal with an unprecedented 10-day occupation by protesting truckers that has shut down much of the core of the Canadian capital....
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/severe-weather-brings-snow-to-athens-greek-islands
A severe weather front has hit Greece, with below-freezing temperatures and snowfall in many parts of the country, including the capital Athens and many Aegean islands....
https://knews.kathimerini.com.cy/en/news/tennis-star-djokovic-wins-court-battle-to-stay-in-australia
World number one Novak Djokovic was released from Australian immigration detention on Monday after winning a court challenge to remain in the country to pursue his bid for a record 21st Grand Slam title at the upcoming Australian Open....
https://knews.kathimerini.com.cy/en/news/britain-rubbish-isn-t-collected-supermarkets-shelves-are-empty-and-councils-slash-services
The UK's self-isolation 'farce' means at least 1million people are now stuck at home - crippling many critical services with supermarket shelves emptying, trains canceled, bin collections axed, council services slashed and up to 25 percent of care home staff off work and one in ten NHS staff off sick....
https://knews.kathimerini.com.cy/en/life/feeding-your-dogs-insects-can-help-fight-climate-change
Many pet owners reflexively bark “No!” when their dog or cat prepares to feast on a bug. But despite what scientists call the “yuck factor,” insects could be a sustainable secret ingredient for the booming pet food industry....
https://knews.kathimerini.com.cy/en/news/clarification-of-new-measures-announced-on-wednesday
The Ministry of Health has issued clarifications concerning the new measures announced on Wednesday by the Cabinet.
...
https://knews.kathimerini.com.cy/en/business/us-food-banks-struggle-to-feed-hungry-amid-surging-prices
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation....
https://knews.kathimerini.com.cy/en/business/cargo-imports-into-dubai-airport-to-be-restricted-from-tuesday
Dubai will restrict imports of cargo into its international airport for six days from Tuesday to clear a backlog caused by “extraordinarily high” volumes of inbound shipments....
https://knews.kathimerini.com.cy/en/news/higher-costs-on-goods-are-here-to-stay
Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022....
