https://knews.kathimerini.com.cy/en/business/deutsche-bank-to-slash-800-jobs-as-part-of-new-cost-cutting-initiative
Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....
https://knews.kathimerini.com.cy/en/news/glitch-gone-wrong-japan-s-largest-airline-cancels-$10-000-tickets-sold-for-$300
Japanese airline All Nippon Airways will not honor the deeply discounted first and business-class tickets mistakenly sold in a currency glitch last week, the airline announced Tuesday....
https://knews.kathimerini.com.cy/en/news/lack-of-aircraft-preventing-global-air-travel-recovery
The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....
https://knews.kathimerini.com.cy/en/news/biden-to-run-for-re-election-in-2024
President Joe Biden has formally announced that he is running for reelection in 2024. He is asking voters to give him more time to “finish this job” and to set aside concerns about his age....
https://knews.kathimerini.com.cy/en/news/occupied-areas-cable-cars-planned-for-bellapais-and-saint-hilarion
"The cable cars in Bellapais and Saint Hilarion, which are in the final stages of planning, are among the most significant projects in the development of alternative tourism," said "Minister of Tourism, Environment and Culture" and President of the "TRNC" DK, Fikri Ataoglu....
https://knews.kathimerini.com.cy/en/business/folli-follie-trial-set-for-june-after-lawyers-abstention-ends
The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...
https://knews.kathimerini.com.cy/en/news/eurostat-drop-in-driving-lesson-prices-in-cyprus-and-rise-in-eu
According to data released by Eurostat, prices for driving lessons and relevant services dropped by 1.6% in 2022 in Cyprus, while increasing in all other EU member states and by 4.8% overall in the EU....
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
https://knews.kathimerini.com.cy/en/business/elon-musk-plans-to-create-truthgpt-a-non-liberal-ai
Billionaire Twitter owner Elon Musk is again sounding warning bells on the dangers of artificial intelligence to humanity — and claiming that a popular chatbot has a liberal bias that he plans to counter with his own AI creation....
https://knews.kathimerini.com.cy/en/news/cyprus-winemakers-to-receive-€22-million-in-eu-support
Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...
https://knews.kathimerini.com.cy/en/news/dalai-lama-regrets-asking-boy-to-suck-my-tongue
The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child on the lips and then asking him to “suck my tongue” at an event in northern India....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal
Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...
https://knews.kathimerini.com.cy/en/business/easter-holiday-boosts-air-travel-in-cyprus-by-26
April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...
https://knews.kathimerini.com.cy/en/news/cyprus-short-term-rental-bookings-rebound-in-2022-but-still-below-2019-levels
Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...
https://knews.kathimerini.com.cy/en/news/cypriot-professor-phoebe-koundouri-honored-for-contribution-to-science
On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....
https://knews.kathimerini.com.cy/en/news/un-report-reveals-47-mine-contaminated-areas-in-cyprus
According to data from UNFICYP, 47 suspected hazardous areas in Cyprus could be contaminated with mines and/or explosive remnants of war (ERW), covering roughly 1.7 million square meters of land....
https://knews.kathimerini.com.cy/en/business/tourism-revenue-at-€45-6-million-in-january
Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism....
https://knews.kathimerini.com.cy/en/news/finland-prime-minister-ousted-conservatives-win-tight-vote
Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection...
https://knews.kathimerini.com.cy/en/business/bp-and-adnoc-s-bold-bid-for-the-leviathan-field
Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...
https://knews.kathimerini.com.cy/en/news/finmin-stresses-importance-of-stable-legislation-for-out-of-court-auctions
The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....
https://knews.kathimerini.com.cy/en/news/bartholomew-says-russian-church-shares-blame-in-ukraine
The spiritual head of the world's Orthodox Christians said on Wednesday that Russia's powerful Orthodox Church shared responsibility for the conflict in Ukraine but that he stood ready to help in Russia's postwar 'spiritual regeneration'...
https://knews.kathimerini.com.cy/en/news/one-in-two-cypriots-considers-it-easy-to-start-a-business
Approximately one in two Cypriots considers it easy to start a business in Cyprus, according to the Global Entrepreneurship Monitor (GEM) Cyprus Report 2021/2022...
https://knews.kathimerini.com.cy/en/news/travel-between-us-and-europe-increased-by-87-in-february-2023
The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...
https://knews.kathimerini.com.cy/en/news/eurostat-women-continue-to-outlive-men-in-cyprus
In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....
https://knews.kathimerini.com.cy/en/news/tax-department-€70-million-in-taxes-refunded-€200-million-to-be-collected
An intensive effort by the Tax Department in recent months has resulted in a refund of over €70 million in excess taxes, with an additional €200 million expected to be collected, according to Tax Inspector Sotiris Markides. He emphasized that the Department aims to clear all outstanding Company and Individual Returns by the end of 2023....
https://knews.kathimerini.com.cy/en/news/supreme-cooperation-council-the-what-how-and-why
The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....
https://knews.kathimerini.com.cy/en/news/saudi-arabia-and-iran-to-re-establish-diplomatic-ties
Saudi Arabia and Iran reached an agreement that paves the way for the re-establishment of diplomatic ties after a seven-year split, a major realignment between regional rivals, the countries said Friday in a joint statement....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-and-employment-up-according-to-eurostat
Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/tourists-are-spending-13-more-in-cyprus
If there is one thing that has changed in the past year's data on the tourism industry, it is the realization that, even though there are fewer visitors coming in than in 2019,...
https://knews.kathimerini.com.cy/en/news/one-peak-left-for-cypriot-mountaineer
Cypriot citizen Evgenios Staroselskiy is set to begin his attempt next June to conquer the most demanding peak in the world, mountain K2 in Pakistan and raise the Cyprus flag on it...
